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   cjd (cjd@pkteerium.xyz)'s status on Thursday, 18-Apr-2024 23:12:15 JST cjd

   in reply to
   What you're describing is the financial equivalent of a perpetual motion machine. It SOUNDS really plausible, but it cannot possibly exist.
   
   If a company is poorly run, and there's a way to objectively KNOW that its poorly run, then there's money to be made shorting the stock.
   
   Anywhere that there's money to be made, there is always going to be SOMEONE making that trade, and if it's reliable money then word is going to spread quickly until EVERYONE piles into the trade. In the public markets, a truly bad company would go down in flames overnight.
   
   You might think these people are overpaid, and some academic might think they're overpaid, but the people who are the best in the world at making profitable investments are not convinced.