2 ms·
> can cause fear in business which can lead to "precautionary" retractions... which can exacerbate the actual market problems. Thing I learned a long time ago
by Gibbon1 3y ago
> can cause fear in business which can lead to "precautionary" retractions... which can exacerbate the actual market problems.
Thing I learned a long time ago from an experience[1]. Managers often place more trust in what they read in rags like the NYT and the WSJ than they do their in house experts. Which is crazy because the guys that scribble for those outfits are relative buffoons with a knack for writing and nothing else. And relying on third hand bullshit most of the time.
[1] VP said we were idiots because what were were saying didn't line up with an article he read in Inc Magazine.