Samsung may be bracing for first-ever annual loss in smartphone business | The AI-driven memory shortage is hitting Samsung’s bottom line

I mean with blue chip stocks, the expectation is for consistent positive quarters outsides of recessions and force majeure type situations. That’s why they tend to have a price premium relative to non blue chips stocks.

It’s just how it is. You order/buy an expensive steak, you tend to expect something specific in return.

I say this as someone who paricipates in a minor way in stock markets (relative to the median US citizen), but finds the almost-religious framing to be very suspicious (and very American) and definitely doesn’t believe some of the alleged qualities of financial instrument markets.

At the end of the day, this is not a scientific discipline. It’s a man made thing. It’s an institution that goes way beyond some of the partially inherent positive qualities of ownership equity and comparable systems.