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The sad part is that you work in FINANCE of all things and this happens there. Like: What competence do decision makers in FINANCE have, when they are this obl
by OtomotO 3mo ago
The sad part is that you work in FINANCE of all things and this happens there.
Like: What competence do decision makers in FINANCE have, when they are this oblivious to economics?
- noduerme 3mo agoA better question would be how anyone who thinks about economic fundamentals could get a job in finance (or stay in it). [no offense intended to the parent post, I'm on their side]
- wjnc 3mo agoLook, I share your sentiment. But, I can relate to the C-squad though. Going squarely against the market sentiment is not the way to gain and keep confidence. And everyone is vibing right? So they are probably thinking something like: as long as the spent is < few percent of a years profit, we can always adjust direction in the future and at least we’ve bet the same horse as the rest. “Those penny pinchers in finance (:: me) don’t get the big picture.”
- noduerme 3mo ago>> Going squarely against the market sentiment is not the way to gain and keep confidence I don't think this is axiomatic. I usually invest my time, energy and money in things that go squarely against the market's momentary sentiment.