3 ms·
It's almost as if journalists aren't actual stock market analysts. Media in general suffers from believing their own lies. News rooms hype up stories with outra
by vasco 9y ago
It's almost as if journalists aren't actual stock market analysts. Media in general suffers from believing their own lies. News rooms hype up stories with outrage based on "it is said that..." kind of stories, which then generate clicks, and somehow think this has anything to do with companies bottom lines.
- moomin 9y agoYeah, I remember when Enron used to shrug off negative news by showing their stock price graphs. The market doesn’t always price in bad news, until it does.
- nodesocket 9y agoDo you honestly believe Tesla and Elon are flat out lying and committing fraud like Enron/Skilling though? If you do, that is fine, but I'd be curious to hear your argument.
- personjerry 9y agoI believe you’re too focused on the example (“Enron”) and missing the point (“The market doesn’t always price in bad news, until it does.”) of the parent comment.