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Or also, all firms will say what you want to hear, like modern ratings agencies already do. Because otherwise you won't ever shop at the ones who give you bad n
by komali2 1y ago
Or also, all firms will say what you want to hear, like modern ratings agencies already do. Because otherwise you won't ever shop at the ones who give you bad numbers, and market pressure will turn them all into a ratings shop.
- mywittyname 1y ago"Bad" numbers are what companies are paying for. If I'm a sailor paying for weather data related to my trip, I want to know about the dangerous weather.
- bigbadfeline 1y ago> "Bad" numbers are what companies are paying for. You've never heard of the stock market, have you? Nobody cares about the "weather", they all want low interest rates and reports that justify the Fed taking interest rates to zero and below. That's it, nothing else matters. > If I'm a sailor... You aren't. Wake up.