Because big companies destroying value makes the world worse? They're sucking up capital and not delivering anything to justify it.
Well there is massive waste of time on doing all the stuff need for it to happen. But I think they would have come up with something as unproductive as that anyway so overall it is not like that time would have been spend for anything actually productive.
Made up "value" moving from one place to an other. Just so that some people have something to do. And most likely they would not have much productive things to do in any case.
Well you aren't losing your job
Or are you claiming anything that was a merger ends like Enron?
Seems very rational to me.
I'm sure they'll love it when this AI bubble pops too
For example if you bought S&P 500 in Jul 1929, you got your investment back in 1955 (inflation adjusted). If you bought S&P 500 in Apr 2000, you got your investment back in 2014 (inflation adjusted).
https://archive.nytimes.com/www.nytimes.com/interactive/2011...
https://www.reddit.com/r/dataisbeautiful/s/oLP2K6gdbC
Plus it’s political suicide to let SP500 stagnate or drop.
"Market returns are more volatile than most people realize,” Mr. Easterling said, “even over periods as long as 20 years.”
in your second link, a commenter rightfully calls out that the log scale makes the data reductive
I think whatever it is that you need to fall asleep at night is your own habit - it doesn't need to be the rest of ours
Not understanding how investing works doesn’t make everyone else behave under your misunderstandings.