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Old-school value stocks are a dying breed

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With the number of listed U.S. firms having declined, and most public-market newcomers losing money, investors looking for solid earnings are running out of options, writes TheRealLSL.

The number of listed U.S. firms has halved over 25 years thanks to mergers and buyouts fueled by cheap debt. Those remaining are borrowing more, worsening Covid’s damage. Most newcomers to public markets lose money.

Investors looking for solid earnings are running out of options.
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TheRealLSL It looks like the bottom of the PyramidScheme is starting to crumble.

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