You’re saying they’re going “the wrong way”, but from the standpoint of a publicly traded company it’s literally the best way possible.
You promise to give $1million to Nvidia, Nvidia promises to give $1million to you - wam, bam, suddenly your stock market valuation’s up, people are throwing their money at you, and you didn’t even have to call your bank to make any transfers.
They’re literally printing money out of thin air.
That it will all crash and burn at some point? Who cares? If everyone goes down, you can blame the market. If you’re not in on the bandwagon while everyone else is printing money, you get sacked by the board of directors.
You’re saying they’re going “the wrong way”, but from the standpoint of a publicly traded company it’s literally the best way possible.
You promise to give $1million to Nvidia, Nvidia promises to give $1million to you - wam, bam, suddenly your stock market valuation’s up, people are throwing their money at you, and you didn’t even have to call your bank to make any transfers.
They’re literally printing money out of thin air.
That it will all crash and burn at some point? Who cares? If everyone goes down, you can blame the market. If you’re not in on the bandwagon while everyone else is printing money, you get sacked by the board of directors.
That’s all there is to it.