Scustin Bieburr
Baby baybee baybee UUUGH
Companies don't give a shyt about anything other than the share price of the company. They can buy back their own shares to generate more investments and simulate demand. They don't need to make a better product or service, they know you'll buy it anyway and even if you don't they'll just keep getting funding from investors.
This is why your videogames feel rushed and the same
This is why you're getting so many sequels and remakes
This is the reason why there hasn't been a breakthrough in tech on the level of a walkman, smartphone, Gameboy, Flatscreen TV, or Blu ray since 2010.
This is why Uber and AirBnB stayed in business.
This is why nvidia and apple can be worth over a trillion in market cap without having created a breakthrough product.
This is why Tesla is still worth a shytload more money than it gets in its sales.
The crash comes when people start selling their shares, but as long as a company can keep buying back their own shares, they can continue to simulate demand. They can also decrease their share amount to drive up the value due to scarcity.
Around 3:30, companies are buying 6x more company shares than people are. If unemployment goes up, these people who own shares will sell them to pay for their expenses. If they do that, it devalues the stock which can have a domino effect. I'm minimizing my risk by investing in manufacturers as well. If a company only makes an intangible product that businesses won't need(e.g. netflix) they will struggle more than a company that at least makes something that people, businesses, and government need(Nippon steel).
Robotics is going to be another bubble.
So invest in tangibles. Plastics, metals, chips, etc. These are things that will go up in value because the quality of their product is tightly tied to the thing that businesses are going to invest in so they can cut costs.
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