Retail investors are not the most savvy lot. Yet we fund the most risky mining and biotech start-ups. It's damn weird but true. Over on the OBJ thread they believe they have a magnetic cream that can do almost everything. Go figure.
For whatever reason, the market is not giving us a premium for having credible science.
In the short run the stock market is a voting machine, but in the long run it is a weighing machine.
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