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A comment on U.S. stock market returns – a history from the 1870s to 2022. Parent comment

Re:U.S. stock market returns – a history from the 1870s to 2022 by FatActor on Friday January 06, 2023 @12:35PM (#34277948)
A long time ago, naive me learned that tech companies also invest their money and that those returns count toward their valuation, and that seems wildly backwards to me, but I'm an engineer, not a financial expert.
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Re:U.S. stock market returns – a history from the 1870s to 2022 by JumpCrisscross on Friday January 06, 2023 @01:22PM (#34278710)
> tech companies also invest their money

This is a treasury function. They’re buying bonds, rarely stocks. When people complain about dollars not holding values, they’re forgetting that the U.S. dollar is optimised for transactions. Treasuries are optimised for value preservation, and that’s what a tech company with billions wants from its cash.

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