this post was submitted on 22 Aug 2024
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Anything that makes you apply your hand to your face.

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[–] zeekaran@sopuli.xyz 5 points 3 months ago (1 children)

That growth is also directly attributable to short term gains that will ruin the future of the company.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 3 months ago

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.