Sorry for being the hn stereotype, but that's pure survivor bias. That "buy the hated" strategy would have left you with lots of worthless Unisys shares for example, they are down >> 90% from back when the GIF patent was putting them in the spotlight of unpopularity.
Re:Uber Q3 Results
by AdieuToLogic on Tuesday November 05, 2019 @05:59AM
(#21451273)
> For the past 25 years there has constantly been at least one tech company which is perceived in techie forums as so bad that it's incredible anyone would voluntarily use their products.
> Those companies have been Microsoft, Apple, Google, Facebook and Amazon.
That's a great point. I'd add IBM to that list and the time frame would reach back to 35 years.
Those companies have been Microsoft, Apple, Google, Facebook and Amazon.
Financially you could have done amazingly well in the stock market simply by buying whatever big stock techies hate at the moment.
(Not saying Uber will necessarily continue this pattern. Even though they have the brand, I don't see how they intend to fix the enormous losses. That's very different from the optimized zero profit Amazon was making for years.)