The Nature of the Stock Market

Aplevan: The fundamentals et never made sense, because unity there's no way they can maintain these growth rates and justify these valuations. But this is the nature of the stock market. It's happened three times in my career, you know, first in two thousand when i was at a then in two thousand eight, and now in two thousand 22. And it's likely going to happen again, right? These companies are, there's going to be a reckoning for these crazy, artificially high valuations.