12 thoughts on “Bull Market Bull

  1. Anyone buying stock in an American company right now must be comfortable paying two or three times annual sales per share, a level of shareholder generosity that hasn’t been seen since the dying throes of the dot-com bubble.

    What could possibly go wrong?

    That’s the big change: access to capital that doesn’t require a public listing. Right now, venture firms have about half a trillion dollars under management, roughly equivalent to all the money raised in IPOs over the last 10 years. Companies that would’ve gone public within a few years of being created in the 1990s aren’t even thinking about it now.

    That is interesting. IDK if it's good, bad, or in between, but it is interesting.

  2. Bullshit conclusion to a bullshit article:

    "BOTTOM LINE – Even as investors are willing to pay high prices for equities, companies have been slow to go public, and the stock market has lost much of its cultural buzz."

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