Comment by darth_avocado

Actually, myopic market has provided me plenty of opportunities and has served as a great wealth building force for myself.

But setting that aside, my perspective was mostly around capital allocation from investors. Yes on a personal level you can make more money by investing companies, hollowing them out for profit, and fleeing before the company fails, like a lot of PE does. But that isn’t necessarily a good thing for the company or for the investor themselves on a long enough time horizon.