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Nothing, they just don't make the headlines.
by hazbot 11mo ago
Nothing, they just don't make the headlines.
- lazide 11mo agoAlso, if you were someone picking a stock, which is likely to go up higher? One where the stock demonstrably keeps going up and to the right, or one that doesn’t? The issue is everyone’s own greed. Including the old ladies and pension fund managers. Which provides many benefits - but also, when push comes to shove - exposes the ‘teeth’ more directly. The stock market just allows more abstract and scalable access to that greed, that otherwise would be more randomly distributed.
- lotsofpulp 11mo ago> One where the stock demonstrably keeps going up and to the right, or one that doesn’t? The one that doesn’t go to the right, because if they figured out how to stop or go back in time, they probably have some smart people working there.
- lazide 11mo agoThey have a term for ‘doesn’t go to the right’ in business - liquidation. It has nothing to do with time travel, and investors really don’t like it most of the time.