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This week I came across a tweet from an investor (Kuppy) that said: “It is a post-factual economy. If you are using data, you’re asking to lose money..”.
This statement captures the mood of the moment. The same day a company like Super Micro loses more than a third of its value because its auditor resigned, Carvana jumps more than $40 after-hours on “strong” quarterly results and Keith Gill (Roaring Kitty of GameStop fame) dumps his entire stake in Chewy.