Comment by Agentlien

A few days ago I was discussing the stock market with my mother, who used to be the financial manager for several large companies before she retired. She stated that she's come to believe the speculation of company value is nothing but a pyramid scheme divorced from any actual value of said company. It's an opinion I've heard often from amateur speculators or self-proclaimed experts. It was interesting hearing it from someone I know and trust with serious experience managing the finances of large publicly traded companies.