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Comment on Lawsuit against Meta invokes modern portfolio theory to protect shareholdersparent

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It's an interesting perspective. There's probably a sense in which overall improving a diversified portfolio maps to improving society or the economy as a whole, rather than harming society to make a dollar. So whereas the lawsuit likely has no grounds, it might actually be a good thing if this was the way things worked.

I think equating (or even correlating) the market value of some stocks with "improving society" is a pretty big reach.

At the very least, it maps a lot more closely than does the market value of a single stock.

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