16 March 2012 - listen to reality 2

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And Remember the Golden Rule

To continue the story, the stock market is halfway between science and politics: It listens closely to reality when a company goes bankrupt or pays a dividend, but at other times listens to itself and rushes crazily up or down (luckily it can’t go other directions). And you know, halfway is better than nothing. Let’s invent a market that can pass laws!

the Daily Whale || copyright 2012, 2024 Jay J.P. Scott <jay@satirist.org>