Post B9GXldgE6KA17GGe24 by statsguy@mas.to
 (DIR) More posts by statsguy@mas.to
 (DIR) Post #B9G091LUsjrqjUY6sa by wolf480pl@mstdn.io
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       @david_chisnall> the stock market redirects capital to things that have potential for growthok, but if you don't have potential for growth, do you have any use for more capital?Ok I guess the problem is that instead of reaching steady state, you would get less capital, as investors move it to somewhere where it can growOTOH, if you're a profitable business, you should be able to pay out dividends, right? Shouldn't that keep some if the investors in?@MiaMarkTwo @statsguy
       
 (DIR) Post #B9G0rxyqF0jRKINs00 by MiaMarkTwo@syzito.xyz
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       @wolf480pl @david_chisnall @statsguy And "potential" is the operative word here.  The markets are addicted to the idea of the shortest possible timescale between investment and profit, which of course makes sense until you scale it up to where it's led us.  They'll literally belive the hype, without any real analysis of the projected timeline for profit, and hollow out other more viable options by chucking all their eggs in a couple of very ropey baskets.
       
 (DIR) Post #B9G5yjzz7dOHlFy6Uq by wolf480pl@mstdn.io
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       @MiaMarkTwoalthough now that I think of it...how can investors remov capital from a company?obviously they can sell their stocks at lower and lower prices, but that doesn't remove any money from inside the company...can the shareholders force stock buybacks?@david_chisnall @statsguy
       
 (DIR) Post #B9G6Q8tKgCaMmcvHVY by wolf480pl@mstdn.io
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       @david_chisnalladd EU-fund-style restrictions on how the purchased assets can be used /hj@MiaMarkTwo @statsguy
       
 (DIR) Post #B9G81djN5B856AhvxA by wolf480pl@mstdn.io
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       @MiaMarkTwoI think even if the system is broken, it's worth spending time trying to understand it, and I think@david_chisnall is doing a good job explaining it here.Should I untag you if I later want to continue this discussion? @statsguy
       
 (DIR) Post #B9G8IAmJypWgE8yGMC by MiaMarkTwo@syzito.xyz
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       @wolf480pl @david_chisnall @statsguy I agree with both those points.  You needn't untag me, I'm interested in what David's saying.  I can always mute the conversation if I don't want to hear any more.  I appreciate you asking though 😊
       
 (DIR) Post #B9G9lCVSjZbfwGUUfA by wolf480pl@mstdn.io
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       @david_chisnallwhat if there was a separate stock exchange / index / whatever that is only for companies that do not issue new shares, and pension funds are only allowed to invest in those?@MiaMarkTwo @statsguy
       
 (DIR) Post #B9GAYEnJ16C7DwDfX6 by wolf480pl@mstdn.io
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       @david_chisnallif you're not growing and you're paying dividends, the fund would get dividends... but yeah I agree there's little reason for the comoany to want a fund to invest in it...@MiaMarkTwo @statsguy
       
 (DIR) Post #B9GXldgE6KA17GGe24 by statsguy@mas.to
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       Nvidia are going to spend $500 billion on increasing their carbon footprint.For context, the UN have estimated that it would cost $93 billion per year to end world hunger.Anyway, hope you're all enjoying the heat wave.https://www.bbc.co.uk/news/articles/c78gr0jv0mdo#NVidia #ClimateCollapse #ClimateChange #ClimateCatastrophe #ClimateEmergency