What are the implications of stretched valuations according to the speaker?
Citron's Andrew Left: Short Selling Is the Worst Job Now
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The video discusses how market valuations don't change overnight and are often influenced by specific events or catalysts, such as earnings reports or changes in online engagement. It explores the challenges of short selling in a market with stretched valuations and momentum-driven stocks. The discussion also touches on the debate surrounding Kenmore's potential bankruptcy and differing market opinions.
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What does the speaker suggest about the performance expectations of companies like Apple?
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