7 ms·

I think this is basically right, but I'd phrase it as "capital allocation theater" rather than just stupidity

• glitchcrab 4mo ago
  Which feels like a longer way of saying 'stupidity'.
  • lenerdenator 4mo ago
    If we call it "stupidity" then a lot of money simply vaporizes overnight.
    • glitchcrab 4mo ago
      Which ironically illustrates just how stupid the system really is.