Elon Musk
@elonmusk
Replying to @BillyM2k
He’s right that only active investors can set valuation. Passive/index investors simply amplify those decisions.
In my opinion, passive is too large a portion of the market. People should invest in companies directly where they think the product or service is great.
12:08 AM · December 12, 2023 · 74K views
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