alt Hacker NewsBecause the market is forward-looking, and brings all future cashflows to the present.
If it became clear by 2027 that GDP growth would permanently reach 15% (I didn't make that absurdly stupid chart, they did), S&P 500 valuations would immediately 100X or more.
They could take out a credit line against those gains and have unlimited money.
Wait...are you suggesting those predictions might be so unrealistic that its stupid to even publish them? I'm shocked!
Are you saying that instead of investing in training right now they'll get higher ROI by pausing training for a year, and investing their money into taking out long positions on the stock market, all on the hope that what they label the "Extreme scenario" comes to pass?