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Why is everything going to shit?
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this post was submitted on 14 Aug 2023
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Asklemmy
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Few, if any, of the big tech companies were playing out any kind of dividend to investors. It was more that they were content for companies to maybe someday make money as opposed to actually making money,
That assumes dividends are the way stock players make money, which is, to put it rudely, boomer thinking. The company doesn't need to pay you a dividend if your stock goes up 30% YOY because of your 'infinite growth', you get your money from selling the stock. This is why the markets are so fucked, because the big trading algorithms that drive day to day trading push companies to overextend and in some cases believe the lie that is infinite growth so their short term investors can reap rewards over a few weeks, then move on to the next company, leaving the first one holding the bag for their own actions.
Doesn't help when companies that resist this trend suffer from activist investors that use their media influence to say that a long running company is 'suffering' when it really is just consistently growing slowly and safely. Pushing for restructures and endless inflation. It's the 80s all over again, just rebranded.