Well yeah. The market is just an aggregation of sentiment of traders. It hasn't been a reflection of value in ages.
Comic Strips
Comic Strips is a community for those who love comic stories.
Rules
-
π Be Nice!
- Treat others with respect and dignity. Friendly banter is okay, as long as it is mutual; keyword: friendly.
-
ποΈ Community Standards
- Comics should be a full story, from start to finish, in one post.
- Posts should be safe and enjoyable by the majority of community members, both here on lemmy.world and other instances.
- Any comic that would qualify as raunchy, lewd, or otherwise draw unwanted attention by nosy coworkers, spouses, or family members should be tagged as NSFW.
- Moderators have final say on what and what does not qualify as appropriate. Use common sense, and if need be, err on the side of caution.
-
𧬠Keep it Real
- Comics should be made and posted by real human beans, not by automated means like bots or AI. This is not the community for that sort of thing.
-
π½οΈ Credit Where Credit is Due
- Comics should include the original attribution to the artist(s) involved, and be unmodified. Bonus points if you include a link back to their website. When in doubt, use a reverse image search to try to find the original version. Repeat offenders will have their posts removed, be temporarily banned from posting, or if all else fails, be permanently banned from posting.
- Attributions include, but are not limited to, watermarks, links, or other text or imagery that artists add to their comics to use for identification purposes. If you find a comic without any such markings, it would be a good idea to see if you can find an original version. If one cannot be found, say so and ask the community for help!
-
π Post Formatting
- Post an image, gallery, or link to a specific comic hosted on another site; e.g., the author's website.
- Meta posts about the community should be tagged with [Meta] either at the beginning or the end of the post title.
- When linking to a comic hosted on another site, ensure the link is to the comic itself and not just to the website; e.g.,
β Correct: https://xkcd.com/386/
β Incorrect: https://xkcd.com/
-
π¬ Post Frequency/SPAM
- Each user (regardless of instance) may post up to five (5 π) comics a day. This can be any combination of personal comics you have written yourself, or other author's comics. Any comics exceeding five (5 π) will be removed.
-
π΄ββ οΈ Internationalization (i18n)
- Non-English posts are welcome. Please tag the post title with the original language, and include an English translation in the body of the post; e.g.,
SΓ, por favor [Spanish/EspaΓ±ol]
- Non-English posts are welcome. Please tag the post title with the original language, and include an English translation in the body of the post; e.g.,
-
πΏ Moderation
- We are human, just like most everybody else on Lemmy. If you feel a moderation decision was made in error, you are welcome to reach out to anybody on the moderation team for clarification. Keep in mind that moderation decisions may be final.
- When reporting posts and/or comments, quote which rule is being broken, and why you feel it broke the rules.
Banned Artists
The following artists are banned from the community.
- Jago
- Stonetoss
It should be noted that when you make reports, it is your responsibility to provide rational reasoning why something should be removed. Saying it simply breaks community rules is not always good enough.
Web Accessibility
Note: This is not a rule, but a helpful suggestion.
When posting images, you should strive to add alt-text for screen readers to use to describe the image you're posting:
Another helpful thing to do is to provide a transcription of the text in your images, as well as brief descriptions of what's going on. (example)
Web of Links
- !linuxmemes@lemmy.world: "I use Arch btw"
- !memes@lemmy.world: memes (you don't say!)
Can you imagine if shares, were for sharing profits with the best workers of a company?
If shares were for sharing, that would be reflected in the name somehow.
Yeah, I guess so. Well at least I have my Asset.
Be sure to hold onto it tightly as you spread those checks.
Hey, I would like a share of your ass. too, don't be hoarding that!
Not quite the same sentiment, but a system of βcodeterminationβ, as followed in Germany and in Elizabeth Warrenβs proposals, would make it so worker votes would have a controlling stake in large companies. Itβs not a share of profit, but it means they can override unhinged decisions in the boardroom.
If by "traders" you mean "the ruling class" then yeah
It never has been anything but that. "Value" is just a sentiment of a trader. Probably by definition.
It didn't used to be. When it all first started, before the exchanges and before it got very easy to trade, a share was literally just a portion of the company. Directly tied to its value.
Then we got all "efficient" and fucked it right up.
Shares are still just portions of a company.
What was company value back then? What determined it? Price or value of the company was just what buyer was willing to pay for it. And it still is...
My preferred version:


Red makes the line go faster, boss.
The greatest realization of the stock market was learning it was how people felt and no real mathematical decisions or even educated guesses. "President Trump woke up with a headache today and took Tylenol for it." Tylenol stocks skyrocket No logic, just reactions.
so many of my friends work in brokerages. Itβs actually really sad how many millionaires calling them acting like the entire world is ending at 2 am. Every single fucking day.
Itβs like having a permanent baby to look after.
When you have money that's all you're worried about it appears as well.
Yup. Apparently winning isn't really winning.
If the investments you're making are beyond your risk tolerance - you fucked up.
A few years ago, I set my mind to understanding stock market investing. It had always looked intimidating, but I have a couple of degrees that required me to pass chemistry, physics, and engineering courses - I figured I could learn if I put my mind to it.
What I discovered was that the stock market is mainly hype. For all the formulae and Greek letters that look complex and deter the general public, the emperor is really wearing no clothes.
Stock prices rarely follow fundamental analysis of value, and rather mostly pre-empt news cycles due to insider trading. And technical analysis seems to be a bunch of fortune tellers who think they have discovered Newtonian calculus by drawing tangent lines off cherry picked data.
Furthermore, the entire system supports the enshittification of our economy. When a company is supposed to make MORE profit every quarter rather than just maintain profitability, it leads to lower quality goods and services and worsening work conditions.
I realised this a while ago, and it's frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn't matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.
The fact that people buying and selling usually correlates with a company doing well or poorly doesn't actually mean those two things are inherently connected.
See also: GameStop

Didn't like how the line was going back in time

Ok that is neat.
Stock market is just rich people gambling a small portion of their generational wealth.
Yeah, if you ignore all of the retirement accounts.
the top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually
That's true, but it doesn't change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires.
Also, they make a useful hostage when asking for bailouts.
the invisible hand of the market is literally one of the biggest and most powerfull daimons ever propogated by one of the biggest intercommunity faithbased channeling rituals concieved, and STEMcells will still claim magick doesnt exist and that faith cant move mountains. Bro faith literally determines if you get to eat today.
This is just textbook the last 50 years of western SE.
I do believe in bull-markets. I do, I do!
π π§ββοΈ