There is a fundamental misunderstanding here.
The goal isn't to make profit. The goal is to get money from investors. And the market isn't rational.
Homo economicus is such a last century idea.
Investors are trying to keep the thing going to offload to the next chump, and then US retirement funds will end up holding the bag at the very end when it pops.
General rules:
Exceptions may be made at the discretion of the mods.
There is a fundamental misunderstanding here.
The goal isn't to make profit.
The goal is to get money from investors.
And the market isn't rational.
Homo economicus is such a last century idea.
Investors are trying to keep the thing going to offload to the next chump, and then US retirement funds will end up holding the bag at the very end when it pops.