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GOOG is 3% down today (while market overall is about the same). I personally like Larry's change, but average investor seems to be skeptical.
by dennisgorelik 16y ago
GOOG is 3% down today (while market overall is about the same).
I personally like Larry's change, but average investor seems to be skeptical.
- jacques_chester 16y agoThe average investor went to the same school as the MBAs whose power may be diminished if this is true. Management ideology includes the idea that a good manager can manage anything; that management is a context-free science that should be left to professionals. If you believe that then you believe that this article says Google will be turning over management to amateurs. Naturally you might be suspicious.
- yuhong 16y agoYea, I know: http://news.ycombinator.com/item?id=2118742 http://news.ycombinator.com/item?id=2118742 In fact, I know this is only one of the horrible things that MBA courses at least used to teach.
- jacques_chester 16y agoYou have a better memory than I do.
- brown9-2 16y agoCan you really draw this conclusion based on these two points of data? There is no way to determine cause and effect.
- dennisgorelik 16y agoThere is no guarantee of causation, but do you see another explanation of why GOOG dropped 3% today?
- brown9-2 16y agoFinding a single reason why thousands of people (and robots) trade the way they do is a folly, in my opinion.
- monjaro 16y agohttp://www.bloomberg.com/news/2011-04-05/google-said-to-be-possible-target-of-antitrust-probe-after-ita-acquisition.html http://www.bloomberg.com/news/2011-04-05/google-said-to-be-p... could be a possibility