The largest misallocation of capital in financial history. We are watching some of the greatest companies in the world (Hyperscalers) commit suicide…
Capex booms like this rarely pay back for the buyers, history shows telecoms and shale. Extreme concentration in one or two stocks makes markets fragile and volatile. The largest misallocation of capital in financial history. We are watching some of the greatest companies in the world (Hyperscalers) commit suicide… https://t.co/O2qAZmsz0B — The Maverick of Wall …