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In the combination Keynesian Beauty Contest[1] and casino that passes for an equity market in the US, everyone knows that Tesla is ugly as hell, but everyone al
by mullingitover 10mo ago
In the combination Keynesian Beauty Contest[1] and casino that passes for an equity market in the US, everyone knows that Tesla is ugly as hell, but everyone also knows that everyone knows that it will get votes, so the show goes on.
[1] https://en.wikipedia.org/wiki/Keynesian_beauty_contest https://en.wikipedia.org/wiki/Keynesian_beauty_contest
- eru 10mo agoWhat do you mean by 'everyone'? Tesla usually has quite a bit of short interest.
- idiotsecant 10mo agoOnly works until it doesn't.
- dandanua 10mo agoOr until they have enough power and influence to hack the government so the money flow will never end