> Of the largest 1,500 companies by market capitalization today, around 200 weren’t profitable during any of the last three years. But instead of punishing them, investors have rewarded them with a total market value of more than $2.3 trillion. Wall Street hasn’t been willing to attach such high market values to unprofitable companies since the late 1990s (and even then, the total market valuation of the unprofitable companies wasn’t even half of what it is now).

Please stop posting this. It only makes Marx's falling rate of profit[1] look correct.

1. https://en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_prof...