Comment by ambicapter
19 hours ago
The stock market is over 60% passive investment, it's starting to get unmoored from the financial realities of the underlying companies. What that means for the future is [shrug emoji].
19 hours ago
The stock market is over 60% passive investment, it's starting to get unmoored from the financial realities of the underlying companies. What that means for the future is [shrug emoji].
The price changes are not being driven by the passive investors though. People did actually decide to put all that money into Tesla.