• brainwashed@feddit.org
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    1 day ago

    and the stock market is rewarding exactly the business practices the classic locust investors introduced.

    No it is not. The market ist rewarding all sorts of strategies, the money Blackrock is managing is arguably becoming more passive. So buying and holding, they do not push strategies, budget cuts and focus on corporate governance.

    Unless your argument is “I don’t like publicly traded companies and capitalism as a whole.”