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LanceJones | 3 months ago

Perhaps. I suppose the biggest in history then? $1.4T valuation and 60% of shares held by non-meme institutions (like pension funds, S&P tracking ETFs, etc) when you factor out insiders.

discuss

order

bdangubic|3 months ago

“The market can remain irrational longer than …” - John Maynard Keynes.

eastbound|3 months ago

Oh, so that’s from him. This is the most state-interventionist economist. The fact that state actors trusted him for their policy since 1929 has more to do with a convergence of interests than rationality.

I’m not surprised that he started the ideology that markets were irrational.