• zeekaran
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    3 months ago

    That growth is also directly attributable to short term gains that will ruin the future of the company.

    • Knock_Knock_Lemmy_In@lemmy.world
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      3 months ago

      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.