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Is the Stock Market Overreacting?
Growth was so overvalued, everybody sbying sass companies at 20 times revenue. Rivian at a hundred. Zoom is bigger than xon. At one moment an time, xon is now 13 times bigger than zoom. So that should have been corrected real quick. But the name, to me, that's the poster child of that is is revian, though it was the biggest ipo of 21. It had all the right people involved. They sold forard of amazons ord ah. The central bank s jus sellin ies to that point. verdad did this kicks piece that perfectly describes the current environment.