Ah yes, incredibly large influential investors who often just function off of reflex and assumptions. That in itself seems to be a self-confirming delusion.
Jesse Felder‘The reason investors are ignoring the sudden disappearance of massive cash flows from the market’s leaders is a “reflexive assumption” that the situation is only temporary and the figures will turn positive again soon. “I wonder if that is a comfortable delusion.“‘ www.bloomberg.com/news/article...