/biz/ - Business & Finance

>>20687125
>Zoomer answer: it went down 60% on friday so it must go up later
i feel like you're attacking me, but it's hard not to put a portion of your portfolio in some boomer "growth" stocks when you see shit like pic related and live in the city where half their real estate assets are so you have a first-hand look at how much more optimistic their outlook actually looks (like holy shit, pic related is priced as if Toronto was going to become Detroit or something)

i mean if it can survive 2008 and it has liquidity right now to pull until full reopening or take advantage of a dip in real estate prices (real estate actually increased instead during pandemic), their top 10 tenants are groceries or banks, and even if you're still concerned about office rent income going down, it's not like they're going down by half, never mind that the remaining lease terms average around 5-8 years.

people are so scared about a "new normal" when in reality companies are asking for people to volunteer to come back to the office (from my experience with friends/family around Toronto) because of (1) lazy fuckers with lower productivity working from home (2) managers/supervisors who are deadweight right now but companies can't get rid of them (3) extroverts who are becoming increasingly anxious staying at home all day (4) IT nightmare with non-standardized conditions across all their employees.