this post was submitted on 24 Jul 2024
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You have no idea what you're talking about.
As a hypothetical investor, why would I invest my money in a company that promises profit in 10 years, when I could invest in profits for the next quarter, then take back my investment + profit, and invest somewhere else with profit next quarter?
Tesla is a a great counter-example. Before Musks true colors came out, Tesla stock went on a wild ride long before the company made a profit, and is frequently priced way above anything justifiable by current income or profit. It’s all based on hope for a long term plan to change the world and eventually make huge profits, rather than short term goals.
As a hypothetical investor, if you stayed away from companies like Tesla, you would miss some stocks with the highest returns
A stock-price bubble is the opposite of a good example in my opinion. Dumb techbros hyping a company to the point where it has a higher capitalization than literal Volkswagen group, because the stock price kept inflating. What percentage of the stock owners of Tesla 4 years ago are the same as nowadays? I'd bet it's low
Are you actually this stupid or are you trolling? I just cannot imagine that someone could actually be this ignorant.
Do you also explain yourself or are you just insulting people?
Depends on the corporation. Silicon Valley, for example, is often all about the next quarter. Older companies that have been around longer have a longer view and tend to be more focused on long-term results.