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What industry secret are you aware of that most people aren't? (programming.dev)

submitted 3 months ago by protein@programming.dev to c/asklemmy@lemmy.ml

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[–] Modern_medicine_isnt@lemmy.world 1 points 3 months ago

So I know layoffs don't make revenue go up. But in your previous comment you said revenue drives the stock price.

You are so sure of yourself, anyone who disagrees must be an idiot. And you then miread what they are saying because they must be idiots.

But at this point you have just validated what I am saying. You said there is no metric for covid. Correct it was people perceived evaluation that drove the price. Which is what I have said all along. Everyone can see the numbers, so the numbers no longer matter. When you buy a stock, you are betting others will too, but for a higher price. And if you both have the same numbers, then it isn't numbers that would make the difference, it is perception.