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Joined 1 year ago
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Cake day: June 29th, 2023

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  • Goodie@lemmy.worldto196@lemmy.blahaj.zonerule
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    4 months ago

    That makes no sense.

    The only difference between a public company and a private company (in this sense) is how liquid the asset is, said another way, how easy it is to enter or exit the position, and how regularly the holdings value is recalculated.

    I could buy 100k of valve stock of someone tomorrow, and then find myself wishing I’d bought NVIDIA. I could buy NVIDIA tomorrow, and it could crash and I could wish I’d bought in to Valve.



  • Goodie@lemmy.worldto196@lemmy.blahaj.zonerule
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    4 months ago

    Valve might not be a publically traded company, but it sti has shareholders. Some of those shareholders still want Valve to increase value, etc.

    The difference is that valve has a songle large share holder who seems to just not give a fuck about those pressures. While most (all) publically traded companies crumble and fall to that pressure.




  • I’ll do my best to explain what I can. But it’s hard, and many PHD dissertations will be written on this. It’s not exactly something that can just be explained.

    But yes, Covid was probably the most easily identifiable source. In addition, you could make a claim that Putins’ moves, the support from Russia to for various “alt-right” groups, and their eventual war in Ukraine (assumedly, aiming for culmination in reuniting the Soviet Union) have an impact. Lastly, we have various AI projects reading “maturity” (or at least public notoriety), and various services realizing they were missing out on a piece of the “AI pie”.

    Covid was… bad. It’s a new, deadly disease that potentially leaves people with life altering side effecs (long covid). The Vaccines are good, if not great even for having been developed so quickly and drastically change your likely outcomes, but they aren’t full immunity (like we have for Polio). This left governments in a dammed now if you don’t support people, or damned later if you do. They all chose various levels of later. Some governments supported businesses directly and left people alone to suffer, others supported people and left businesses mostly alone. Either way: Cash injections into an economy produces inflation.

    Fighting inflation… the most commonly accepted method in the western world is to raise interest rates* and then let it play out. With the loss of cheap money from low interest rates, many businesses are now being pushed by their owners and shareholders from focusing on growth to make profits (eg: Raise prices, crack downs on password sharing, API use).

    There are other claims you could make, and construct narratives with. For a few years now companies have been growing by expanding into growing countries, but now the number of countries left is short, and companies are running out of places to expand into to grow. Once again, as growth becomes impossible or undesirable, the focus shifts to extracting profit from your existing base. We are reaching maximum saturation.

    *Alternatives: If you would like to slash government spending… see Argentina’s inflation (it’s bad), for windfall taxes see Spain (it’s good).





  • Feel like? Maybe not. Accepted? Maybe.

    More often than not now, I find myself having to be the adult in the room. My father recently died, and while my parents both have wills sorted, they didn’t have other things like power of attorney sorted, or a real discussion of what his funeral arrangements he would like. It was not a sudden death. That was a turning point for me.

    I guess that’s where I’m at, I’ve accepted I’m an adult. I’m losing backstops, but also becoming other people’s backstop.