41–50 of 78 posts
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Well, they did that too...
Saving the world economy from a pandemic and creating the equivalent of a vaccine printer = 2x their stock price. If anything i d say investors are being pessimistic
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Why is everything a large group of people do collectively called a 'mob' these days, for everything? Is no one allowed to do things together anymore without being chastised?
because mobs act impulsively and blindly follow the leaders
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>Why is everything a large group of people do collectively called a 'mob' these days? These days? It's always been thus. The Roman Poet Juvenal who said: "It is all too easy to fall from power – like Sejanus. The mob follows Fortuna and cares for nothing but bread and circuses." (Circuses can also be games, or in modern times TV, Games, Netflix, Reddit, etc...). You ever see Gladiator? Lucilla: "The gods have spared…
You really think that 40% of people are being controlled by an internet troll?
But for now, it's 40% that's a mix of cultists and people who act like cultists for the time being.
For me the real "future" covid has already brought is contactless payment, as least in Germany. I know it is not a new thing, but before the first lockdown in March last year, some vendors I frequented didn't even have a POS terminals, some had one but without contactless function. Fastforward to present time, I can pay everywhere I go with just my phone. What a change!
In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category. Uh oh. "Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
I've been listening to people say this "uh oh" since 2009. I think literally every year. Not a single year has gone by when someone doesn't "uh oh" and post something about turkeys at Thanksgiving.
For me the real "future" covid has already brought is contactless payment, as least in Germany. I know it is not a new thing, but before the first lockdown in March last year, some vendors I frequented didn't even have a POS terminals, some had one but without contactless function. Fastforward to present time, I can pay everywhere I go with just my phone. What a change!
The only problem is that you must touch the grimy touchscreen terminal to give or deny a gratuity. The same touchscreen terminal that the last 500 people touched, and nobody has yet cleaned.
This article is all over the place. The author starts with some history on how crisis and necessity for better life brings ideas to life, and then half the article is defending his view on the TSLA stock. Apart from this, yes ,it’s cleat that a crisis is a terrible thing to waste, and companies are forced to innovate as the current struggles provide them opportunities to shine.
Indeed. I mean, I own Telsa stock, so I'm not unhappy about what it's doing, but I'm not about to invent reasons why it makes sense. Eventually the major manufacturers like Toyota and VW are going to pivot and Tesla is going to be an entertaining footnote of daring that paid off ... in past tense.
In fact, some economists continued to argue after 2000 that “bubble” is a meaningless category. Uh oh. "Stocks have reached a permanently high plateau" - Irving Fisher, economist, early October 1929.
I've been listening to people say this "uh oh" since 2009. I think literally every year. Not a single year has gone by when someone doesn't "uh oh" and post something about turkeys at Thanksgiving.
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I've been listening to people say this "uh oh" since 2009. I think literally every year. Not a single year has gone by when someone doesn't "uh oh" and post something about turkeys at Thanksgiving.
The people who predicted 17 out of the last 3 recessions are still less wrong than the ones who think there will never be another recession. Just wrong more often.