Is it just a bunch of bullshit?Are there still big brain anons here?
>>62369517>Is it just a bunch of bullshit?No, it's just the manipulation can go harder than your expectations.
>>62369517The higher the P/E the more future growth is priced in. It's therefor not enough to materialize this growth, because the P/E will then just normalize, and the stock kind of stay flat.. Unless future-future-growth get priced in, that you maintain the P/E while meeting the anticipated growth.
Tech has been elevated p:e forever, and its a larger and larger part of the index
>>62369631>>62369645But AI has not yet proven to be profitable. All the ai companies lose money
>>62369517>any big brain anons aroundI count there are currently at least 3 full blown commie threads up right now in /biz/What do you think?
>>62369786commie threads meaning what? communist bullshit?
>>62369727yep thats why we call it the future growth
>>62369803>communist bullshitIs there any other type?Its not a serious ideology followed by serious people
>>62369517They heavily reduced corporate taxes in the last decade
>>62369517Multiple countries now have sovereign wealth funds buying in with literal infinite time horizons. Do you think they give a shit about some 40 year PE bullshit when their holding times are literally hundreds of millions of years? Would you rather buy the index now, or in 3026?
>>62371118I would rather buy the index when is low. I know that for /biz/ is hard to understand
>>62371097And? Finish the thought nigga
>>62371311The index is low compared to what it will be in 4052.
>>62371368Humanity could very well be extint by 4052
>>62371319Sorry...im out of spoons to feed you because I used them all to smoke fentanyl