News for hackers. Stuff that matters.
Re:Economists who defend disaster profiteers are wrong by sokoloff on Tuesday April 14, 2020 @06:22AM (#22864327)
Because at some point, TP will go back to $0.50/roll essentially permanently.

You can’t be sure that you’re buying on a sustained upswing in prices.

Re:Economists who defend disaster profiteers are wrong by TeMPOraL on Tuesday April 14, 2020 @06:50AM (#22864511)
And yet this doesn't deter people from buying stocks.
Re:Economists who defend disaster profiteers are wrong by sokoloff on Tuesday April 14, 2020 @06:54AM (#22864538)
It does serve as a limiting function for buying shares during hyperbolic up moves. Tesla had one earlier this year. It was the most comfortable short I’ve ever put on. My only concern was trading small enough to ensure I could fade the rest of the upward movement.
Re:Economists who defend disaster profiteers are wrong by ric2b on Tuesday April 14, 2020 @08:13AM (#22864921)
Because people don't buy stocks with the expectation that they'll remain flat in the long term. They expect them to increase in value over the long term.