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> But if its not growing, then it is viewed as failing I’ve only seen this in wealth generation instruments. Outside of those, I haven’t seen much of the “cult

> But if its not growing, then it is viewed as failing I’ve only seen this in wealth generation instruments. Outside of those, I haven’t seen much of the “culture“ you’re referring to. In that framing, I think it makes sense and is anything but absurd. The company is dual purpose at this point: part original mission (airline) part communal investment. Being a great airline that is comfortable with its current market definition isn’t sufficient for its second purpose. The commune’s investment expects growth in the abstract sense. They aren’t interested in Airlines, they’re interested in purchasing a piece of future growth. Your Vanguard mutual fund’s performance depends on exponential growth - healthy retirement strategies live primarily off of growth, not principal, during the retirement phase. Maintaining value (~+2% on paper growth) doesn’t earn your company a place in society’s communal pool of assets.

vdqtp3 5y ago
Take a look at earnings reports...a company that doesn't grow from last quarter is considered a failure. A company that grows but doesn't hit goals from last quarter is considered a failure.
- r3trohack3r 5y ago
  > take a look at earning reports Aye, I think that’s the point I’m making. Earning reports are for public companies. The company is part of society’s communal wealth if it’s publishing a quarterly earning report. Check out the companies not posting quarterly earning reports - because they aren’t publicly traded - and not building towards a public offering; I don’t think you’d find this same “culture.” In your scenarios, the public communally purchased shares of future growth, priced in against the stated goals - and the public’s confidence the company would reach those goals. What other outcome would you expect? If you think this is the market being irrational, you -personally- can buy at the “failure” price. If you’re right, you’ll do well over a long time horizon.

vdqtp3 5y ago

Take a look at earnings reports...a company that doesn't grow from last quarter is considered a failure. A company that grows but doesn't hit goals from last quarter is considered a failure.

r3trohack3r 5y ago
> take a look at earning reports Aye, I think that’s the point I’m making. Earning reports are for public companies. The company is part of society’s communal wealth if it’s publishing a quarterly earning report. Check out the companies not posting quarterly earning reports - because they aren’t publicly traded - and not building towards a public offering; I don’t think you’d find this same “culture.” In your scenarios, the public communally purchased shares of future growth, priced in against the stated goals - and the public’s confidence the company would reach those goals. What other outcome would you expect? If you think this is the market being irrational, you -personally- can buy at the “failure” price. If you’re right, you’ll do well over a long time horizon.