this post was submitted on 08 Apr 2026
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Comic Strips

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[–] BeardededSquidward@lemmy.blahaj.zone 20 points 15 hours ago (2 children)

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.

[–] vithigar@lemmy.ca 2 points 2 hours ago

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

[–] Smoogs@lemmy.world 9 points 14 hours ago (1 children)

so many of my friends work in brokerages. It’s actually really sad how many millionaires calling them acting like the entire world is ending at 2 am. Every single fucking day.

[–] BeardededSquidward@lemmy.blahaj.zone 3 points 14 hours ago (1 children)

When you have money that's all you're worried about it appears as well.

[–] Smoogs@lemmy.world 4 points 14 hours ago

Yup. Apparently winning isn't really winning.