Who's buying depressed companies and assetsSo with everyone that rushed out of the sector in the last 5 years, who's been buying up the companies, assets and resources?
I came across this interesting interview this morning. It's a prelude to a documentary to be released later this month. At about the 28 min mark she speaks about analysis her group did regarding the BLM protests in the USA. Her assessment of why they occurred and where makes sense if the end goal she postulates is true.
Sounds like the strategy would have the same effect as what we've witnessed in regard to Canada's energy sector. If everyone is led to believe the oil and gas sector needs to be burned to the ground and supported by protests... who's buying up on the cheap?
The entire interview is really quite good and goes on to theorize that tech oligarchs will use their ridiculous stock evaluations/resources to buy up physical bargains as the general populace runs the other way to pump tech stocks higher.