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calicat9 t1_iu2k71a wrote

Is there something wrong with steady sales? Perpetual growth seems unsustainable. How much money is enough?

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Acronymesis t1_iu2oqzm wrote

> How much money is enough?

You must be new here.

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calicat9 t1_iu2p739 wrote

It was actually a rhetorical question that really shouldn't have to be.

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Acronymesis t1_iu2pt4g wrote

100% agreed. My comment was meant only in jest, I’m one of those that tries to make funny so I don’t cry.

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calicat9 t1_iu2q5mn wrote

No tears here. Tone is hard to express with text.

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kyungky t1_iu3v00q wrote

Real story this week. Emailed a junior staff to ‘kindly’ explain something to the other party

She wrote a rant about why I think she’s not kind normally , she works even though she is sick, blah blah.

So, yeah.

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somereallyfungi t1_iu5qjas wrote

I'd give her a break. I've definitely been sick and bitchy, while also misreading basic social cues

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myrddyna t1_iuccj7o wrote

The younger, too. I work with so many emotionally fragile youngsters (17-26). I'm 45, never had to deal with all the issues they deal with. It's amazing to see, though, they're so much more in tune with their emotions and mental health.

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TokiDokiPanic t1_iu3uj68 wrote

Capitalism requires infinite growth on a planet with finite resources.

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DavidMalony t1_iu2tmwu wrote

Never enough, if you're an insecure psycho douche like Bezos, Musk, Zuckerberg, et al.

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BerkeleyYears t1_iu31hwb wrote

The current share price is built on speculated growth not current growth. that is, people gamble on increased growth rates and assume this gamble will pay off in the future. This means the current share price is a prediction - a statement of what the investors think it can be. its not its current estimated value. This feature of the stock market is not a bug and is not evil per se. This mechanism allows for investments in the future - and this in turn can by itself allow for growth! assuming the company can leverage that money that people have gambled on it in a smart way and not syphon to be horded unused or used for things that don't improve growth.

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Bison256 t1_iu44p6l wrote

Ie the stock market is a form of gambling.

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pinkeyedwookiee t1_iu4dokz wrote

How fortunate my and everyone else's retirement is based on that in 401ks then. I might make it big.

/S

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mtarascio t1_iu2zk1o wrote

This was just a known opportunity in earnings to withdraw money from the market by hedge funds.

Nothing tethered to value of Amazon.

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cremaster_shake t1_iu3p9e3 wrote

A lot of internet businesses are basically Ponzi schemes, with their theoretical value tied to growth and unrelated to reality. If they don't grow, it proves the value is inflated, and then big sad.

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ElectrikDonuts t1_iu4shz0 wrote

Their P/E ratio is based on absurd growth. Stock is going to crash hard if they become a no longer a growth company company.

Growth is effectively a lever arm on share price, and it goes both ways

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Mist_Rising t1_iu2psge wrote

>How much money is enough?

I'm fairly sure almost nobody has ever said "I'm being paid enough, let's cut my wages." If they did, check the perks benefits.

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calicat9 t1_iu2r0mp wrote

I'm thinking of the corporation and their loyalty to the stockholders, who don't actually contribute to the bottom line. Even if sales went stagnant, they would still make money. But it wouldn't be enough, so they'd sell and move on. That drives the stock down and gives the illusion of a declining company. With steady sales. Get where I'm going with this?

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Willsmithsdignity t1_iu2zwsx wrote

Credit for using almost. Really cuts down the few examples as people get pedantic.

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Mist_Rising t1_iu37g12 wrote

I almost didn't, but I know there one or two folks who probably have.

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Agent_Angelo_Pappas t1_iu3rn9c wrote

Amazon isn’t the only company to invest money in. This isn’t about people not accepting what Amazon is doing, it’s more them thinking maybe there might be other companies that do better and preferring to gamble on them instead.

If Amazon projects lower growth you really don’t think it’s reasonable for some investors to look around and see if there’s companies more optimistic and switch over their holdings? Because that’s what is happening here.

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Old_timey_brain t1_iu3ywy1 wrote

> How much money is enough?

Enough is knowing you can sustain your lifestyle for a time with no income. A safety shield. A sensible thing.

Sometimes though, when the money is coming in strong, the lifestyle bumps up a step and it takes more to sustain it so the safety net must get bigger.

Then comes the fear of losing some of those gains, so the safety net must become even larger.

Enough money is a state of mind which many of us need to learn, or re-learn.

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Weak-Rip-8650 t1_iu3yy8i wrote

When a stock is overvalued as fuck by people counting on more growth then yes.

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Ronaldo_Frumpalini t1_iu67vcw wrote

No amount. If you spend all your money at Amazon they need to sell your time to companies through ads for products which if they thought were right for you would have already been the top option anyways. We must become the product as they become a worse and worse company.

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