this post was submitted on 22 Aug 2024
1006 points (99.0% liked)
Facepalm
371 readers
1 users here now
Anything that makes you apply your hand to your face.
founded 4 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The price of a share is supposed to reflect the expected discounted value of all future dividends.
As long as the shareholders can sell at a higher price, they don't care about short vs long term.