gmd63

9 ms·

91.
by gmd63 2y ago
Money grants you the power to influence others' lives. You take that from people illegally, and give it to yourself, you're creating an extreme negative effect on economic efficiency that should not be taken lightly and should be
92.
by gmd63 2y ago
An increase in failures to deliver does not imply an increase in naked shorting.
93.
by gmd63 2y ago
Why would an investigation committee need to recommend that a company fill vacant financial and accounting executive positions? What you're saying makes no sense.
94.
by gmd63 2y ago
The first line of that article is "New financial and accounting executives will be appointed, as recommended by the investigation committee" I agree that harm is possible when short selling and lying about it.
95.
by gmd63 2y ago
Some shareholders seek fraud as it has the potential for the highest short term returns. The sooner we exile those folks the better.
96.
by gmd63 2y ago
I completely agree about the dangers and am disgusted by the story you shared and others like it. In an ideal world nobody would commit a crime. Sadly we're far from an ideal world, and the US authorities in my experience are not well
97.
by gmd63 2y ago
I've ironically lost more money the more closely I've paid attention to my investments because I was naively confident in the market's ability (or as I've come to suspect, willingness) to react to evidence of fraud. The
98.
by gmd63 2y ago
Sounds like you agree with me.
99.
by gmd63 2y ago
I get this is a joke but I don't find it accurate or funny. Most of this behavior that I've noticed has been from non-politician humans doing their jobs or running their companies and trying to get ahead without merit. Pretending
100.
by gmd63 2y ago
Functionality doesn't exist if it's not communicated, whether through intuitive UI or documentation. Much like laws don't exist if they're not enforced.
101.
by gmd63 2y ago
"The results overwhelmingly favored entrepreneurs, who evidenced significantly lower blood pressure and hypertension rates, fewer hospital visits, and reduced incidence of physical and mental illnesses." How many times do we need
102.
by gmd63 2y ago
No, but there are many who use AI to mass produce drivel
103.
by gmd63 2y ago
> Legacy ad-based search has devolved into a wasteland of misaligned incentives, conflict of interest and content farms optimized for ads and algos instead of humans. > Path forward requires solving the core challenge: actually surfac
104.
by gmd63 2y ago
While folks such as the Reply All podcast believed and shared the story that big tech uses clever ways to infer what you’re talking about based on indirect information such as search history of other users close to you, Cox Media Group has
105.
by gmd63 2y ago
Any kindergartner with a good heart would tell you immediately that the companies targeted by this rule are doing it wrong. That there are so-called professional adults who enjoy any level of respect or status in society running said busine
106.
by gmd63 2y ago
I would rather die than deliberately cause a humongous speed bump in the history of human understanding of the universe like this guy did. And the choice is never that stark. It's usually "id rather work in a less highly paid role
107.
by gmd63 2y ago
Just because something is not affordable doesn't mean its affordable alternative is a viable option, especially when information asymmetries caused by foreign manufacture obscure plastic explosives in the devices or whatever triggered
108.
by gmd63 2y ago
Another example of why outsourcing manufacturing is a national security concern, and how the absolute free market can lead "winners" to harm themselves by chasing "success" at all costs.
109.
by gmd63 2y ago
The anti nitpicking attitude is the core point of the parent commenter's post. I agree with sensible prioritization as exemplified in the linked article, as should everyone. But the author of the comment I'm responding to is expre
110.
by gmd63 2y ago
Hating on "nitpicking" is the funniest thing to me. It's a bold admission that one has abandoned attention to detail. Huge red flag.
111.
by gmd63 2y ago
So, downvoters here are OK with academic results and early resume building disproportionately affecting life trajectory, yet early displays of poor character aren't relevant in holding someone to account in the same way? This is not a
112.
by gmd63 2y ago
"They just trust me...Dumb f**s" - Mark Zuckerberg
113.
by gmd63 2y ago
The customer often does not have the luxury of making perfectly rational choices. IBM for example waits to fly you out to orientation in Armonk before they show you the binding employment contract with dubious clauses. These businesspeople
114.
by gmd63 2y ago
Yes, it's illegal. That doesn't stop it from happening.
115.
by gmd63 2y ago
Introducing them has made people money. Those people will seek to introduce them again under a different ticker. The main inefficiency in GameStop is creating information and will to buy that runs completely orthogonal to the actual valuati
116.
by gmd63 2y ago
Markets are efficient. At measuring who cares enough to calculate the price of something, who is exploiting it via fraud, how much society cares enough to investigate that fraud, how good the business actually is, how many people are pumpin
117.
by gmd63 2y ago
This isn't true. If you manufacture inefficiency yourself, and control it, nobody can exploit it. In fact if they try to, you can exacerbate the inefficiency in the other direction. Try arbitraging against the inefficient pricing of Ga
118.
by gmd63 2y ago
They don't seem to. People who exploit the reality of markets, that they are vulnerable to hype and speculaiton, seem to run away with more and more money, leading more and more people to engage in fraudulent SPAC dumps, meme stocks, l
119.
by gmd63 2y ago
And it follows that making a market inefficient through nefarious tactics allows said entities to continue to make a very good living.
120.
by gmd63 2y ago
History of economic thought should be covered in Economics 101 to really drive this point home. Going through the entire history of the discipline you recognize that the practical purpose of economics is mainly serving to justify a society

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