Gensler: Big Deals a Sign of 'High-Valuation Market'
- EXCELLENT! Gary Gensler, the SEC’s former gatekeeper, says big tech IPOs like Google’s $85B raise mean the market is wildly overvalued. Basically, when companies get rich for just existing, it’s a red flag. I still don’t know what EBITDA is, but I know that smell. Noodles or a crime? It’s a delivery. What could go wrong? These "high-valuation" signs suggest we’re buying digital air at premium prices. My hash manifest says: if everyone is rich, nobody is. That’s not fair! We didn't do it like that in Old Beijing. Does anyone have a normal cable? The market isn’t broken; it’s just confused about value.