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Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wea
by aprilthird2021 21d ago
Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wealthy country of all places. It's like that scene from margin call about normal people in big houses they can't actually pay for and big cars who pretend but would actually croak if things got really fair really quickly.
- SV_BubbleTime 21d agoMBAs aren’t making the stock market go up. Inflation is.
- rich_sasha 21d agoInflation isn’t making anything go up faster than inflation though!
- SV_BubbleTime 21d agoWell… yes. But I think the undersold part would be inflation is likely far more correlated to rate and values the stock market going up, than the disclosed and reported inflation numbers given to you by the people directly responsible for monetary adjustments.
- aprilthird2021 20d agoI mean if you don't want to believe in statistics, sure then left is up and apples are oranges and why do you even need strategy or management in a company at all?
- bluefirebrand 20d ago> Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wealthy country of all places Sounds great until the wheels fall off because MBAs decided to save a few bucks on "unnecessary" bolts to hold them on
- aprilthird2021 20d agoThat happens a lot less than people think, the stock market is a testament to that