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I would put a slight caveat on that: it's caused by bad behavior being _perceived_ to be profitable. That doesn't mean it necessarily is. Nor that the bad actor
by nbadg 3y ago
I would put a slight caveat on that: it's caused by bad behavior being _perceived_ to be profitable. That doesn't mean it necessarily is. Nor that the bad actor necessarily has the tools (or desire) to evaluate the effectiveness of their behavior in realizing their greed.
- spacemadness 3y agoOr perhaps profitable in the short run, which for an IPO is all that matters when people with more money than sense buy into it.