Is This Just Bad Capital Allocation?

Value investors misunderstood what value was. Value isn't necessarily things that are cheap. Value is things that are, things that are valuable. What you're saying is, if i can summarize it was nowhere else for them to put their money sacks. And this is where i think what byton is doing is so unbelievably off base,. Is ok, look, he didn't start trillion dollar deficits. We're seeing the hawkish of tightening inflation now out of control. Nobody on us halsek mais, let's just call a spade a spade at this point. I don't think there is an extreme bone in that man's body. He has always come off like equanim