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The underperformance of value stocks (and subsequent overperformance of tech stocks) has me deeply worried: https://www.economist.com/graphic-detail/2020/09/19/the-age-old-strategy-of-buying-cheap-shares-is-faltering
The market needs companies that actually make useful products. I am inclined to blame this bloated valuation of tech stocks on aggressive stock buybacks that artificially manipulate stock prices and will result in another boom/bust, which is just baked into how capitalism is structured now, no matter how many Millennials it hurts.