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The insurmountable momentum of the systems we have in place will lead us to ruin. (lemmy.zip)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 3 months ago (2 children)

As a hypothetical investor, why would I invest my money in a company that promises profit in 10 years, when I could invest in profits for the next quarter, then take back my investment + profit, and invest somewhere else with profit next quarter?

[–] [email protected] 1 points 3 months ago (1 children)

Tesla is a a great counter-example. Before Musks true colors came out, Tesla stock went on a wild ride long before the company made a profit, and is frequently priced way above anything justifiable by current income or profit. It’s all based on hope for a long term plan to change the world and eventually make huge profits, rather than short term goals.

As a hypothetical investor, if you stayed away from companies like Tesla, you would miss some stocks with the highest returns

[–] [email protected] 1 points 3 months ago

A stock-price bubble is the opposite of a good example in my opinion. Dumb techbros hyping a company to the point where it has a higher capitalization than literal Volkswagen group, because the stock price kept inflating. What percentage of the stock owners of Tesla 4 years ago are the same as nowadays? I'd bet it's low