this post was submitted on 22 Aug 2024
977 points (99.0% liked)
Facepalm
186 readers
2 users here now
Anything that makes you apply your hand to your face.
founded 3 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That growth is also directly attributable to short term gains that will ruin the future of the company.
The price of a share is supposed to reflect the expected discounted value of all future dividends.
As long as the shareholders can sell at a higher price, they don't care about short vs long term.