Re:Zynga stock plummets below value of its cash and real estate
by hkmurakami on Wednesday October 10, 2012 @08:56PM
(#4638907)
Hopefully the parent just replied to the wrong comment, since I read over my comment a few more times and couldn't see how I potentially stepped out of bounds egregiously :(.
But anyways, the similarity I see is that in both cases, the individuals would have exercised poor financial decision making by assuming that non-realized or potentially temporary increases in income streams were real/permanent. I'd guess that financial professionals have experienced something similar, by assuming that the year end bonus would be size X when they actually only ended up getting X/2, or making purchases assuming job security until the end of the year but getting laid off.
But anyways, the similarity I see is that in both cases, the individuals would have exercised poor financial decision making by assuming that non-realized or potentially temporary increases in income streams were real/permanent. I'd guess that financial professionals have experienced something similar, by assuming that the year end bonus would be size X when they actually only ended up getting X/2, or making purchases assuming job security until the end of the year but getting laid off.