protist@protist@retrofed.com

Replying to an earlier post

I gotta disagree that the stock market is inherently gambling. If an investor does their due diligence, looks at the fundamentals of a company, and makes an informed decision to invest, they are very likely to see some sort of return on that investment.

Unfortunately, we’re deep into “vibe investing” territory now, where stats like P/E ratios no longer seem to matter to either institutional investors or many casual investors. Where people are dumping their money is now disconnected from where it’s wise to dump money

1984@1984@lemmy.today

Replying to @⁨protist@retrofed.com⁩

Its because they make money buying whatever goes up, instead of holding selected companies for a long time.

Think about it. You could have made 150% by holding micron for three months. Big tech companies take five years to make that much. So that’s why these investors have to jump on the bandwagon no matter what the fundamentals are.

They also sell as soon as it starts to show weakness, which is why micron dropped 30% in like 3 days.

Edited ⁨⁨Jul⁩ ⁨26⁩, ⁨2026⁩, ⁨09:26⁩⁩en