In fact… "Growth Stocks" are a infinitely repeatable pyramid scheme
https://social.g33ky.de/notice/AuVqCIfwUsgedWQN5U
Those companies don't have to do anything. They don't have to have customers. They don't have to earn money.
All they need to do: look like they'll be worth MORE in the future than they are now.
That company that's looking for the pot of gold at the end of the AI-rainbow? It doesn't have to find a pot per year. IT ITSELF IS THE POT THAT'S BEING SOLD.
Speculation ruins capitalism wherever it's not carefully regulated. That's as true for food and medicine as it is for companies selling revolutions that didn't happen.
https://social.g33ky.de/notice/AuVqCIfwUsgedWQN5U
Those companies don't have to do anything. They don't have to have customers. They don't have to earn money.
All they need to do: look like they'll be worth MORE in the future than they are now.
That company that's looking for the pot of gold at the end of the AI-rainbow? It doesn't have to find a pot per year. IT ITSELF IS THE POT THAT'S BEING SOLD.
Speculation ruins capitalism wherever it's not carefully regulated. That's as true for food and medicine as it is for companies selling revolutions that didn't happen.
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