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It isn't contrarian, it is the hard questions that need to be asked. The current mind set of shareholders is incompatible with this. Shareholding/"investment"
by NovaDudely 4y ago
It isn't contrarian, it is the hard questions that need to be asked.
The current mind set of shareholders is incompatible with this. Shareholding/"investment" nowadays is merely gambling with extra steps. This is not always a bad thing, in that, one can invest/gamble on a business that can grow into something that benefits many people.
The mindset change is that you invest to make better companies, not just to make more money. Invest in companies that make products that don't have planned obsolescence, that aren't hyper focused on just getting 5% profit growth next quarter etc. Or just trying to time the market so they can extract money from the greater fools. It would be an legitimate investment into business that would make the world a better place.
Side note - The mind set of shareholding is very weird when you look at it. I remember back in about 2003/4 reading about the latest quarters reports on tech. Apples shares had dropped on the back of profit being about 5% lower than expected - they still made hundred of millions that quarter but because they missed expectation the shares dropped. AMD shares that quarter went up - why? Because while they took a lose, it wasn't as much as expected. But it will still a loss... the markets are a weird thing!