4 ms·
Any market is "a machine for creating cults", including the market of ideas. The first sentence of the article says it all.
by tootallgavin 4y ago
Any market is "a machine for creating cults", including the market of ideas.
The first sentence of the article says it all.
- fuzzfactor 4y agoThis is a side-effect of the greed which can leverage mis-valuations to a greater degree than underlying performance can support. Different companies really can have some particular layer of superstitious groupthink depending on how deeply they are affected by this.