Avatar

samokosik

samokosik@lemmy.world
Joined
4 posts • 215 comments
Direct message

I think he should start with burning himself

permalink
report
reply

You can buy a part of company. If you buy 0.00001% of that company, you surely won’t take part in the decisions as your vote does not matter. From the other side, if millions of people owning 0.00001% of the company were making decisions, it would have been very slow to respond to the competition.

It’s all quite simple. If you disagree with company’s management, just sell the stocks. And no one is saying that company’s stock will be worth more next month.

permalink
report
parent
reply

Imagine calling stocks a casino xD

permalink
report
parent
reply

Sure, if the CEO is replaced by someone else who can manage the company, sure. But you cannot generally expect people to manage themselves. That’s why communism never worked and never will.

Also, what is according to you a glorified casino?

permalink
report
parent
reply

So if I have a small computer repair store and want to make it more successful, I should employ at least million people, so the ratio goes up?

permalink
report
parent
reply

Company is not a charity. There is a difference.

Suppose that dropbox employs twice as many people as other cloud providers. Would you be willing to pay them the twice amount for the same product the competition offers just because they employ more people?

You know, we live in the world of competition where you need to be ahead your rivals, otherwise your company fails (and all employees lose their jobs). So cutting costs where it’s possible makes perfect sense, especially if the employees can be replaced by computers or sth.

permalink
report
parent
reply

Well, if dropbox can exist without those 500 employees, then it’s logical. You don’t judge success of a business by how many people it employs

permalink
report
parent
reply

Tesla and Elon are one of the reasons why I don’t but individual stocks but I rather get indices… It’s just the lack of consistency and the fact a single person can make you lose money…

permalink
report
reply

I do not really see why this is bad. If they can exist with 10% less, why not.

permalink
report
reply