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mandelbrotwurst | 1 year ago

Yeah, I hear you. It definitely feels like there's been a shift toward investing based on sentiment rather than fundamentals, and there's certainly an argument to be made that's not a good outcome for society.

Personally I feel like it's a bigger issue for individual investors that in recent years companies now IPO only in later stages or not at all and that much of the more profitable bits of the growth curve are now accessible only to the private markets.

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