Satya Nadella, CEO of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul, South Korea, Tuesday, Nov. 15, 2022. Nadella delivered a keynote speech at an event hosted by the company’s Korean unit.
SeongJoon Cho | Bloomberg | Getty Images
Building a fire – but not destroying the market by doing so.
That’s the goal right now. It’s not as easy as in the famous Jack London short story (“Too Build a Fire”) where the survivors end up profiting instead of freezing to death in their sleep.
In the early part of this decade we saw the rise of Robin Hood (HOOD) and the distribution of investments from the serious to the volatile. These days, Robinhood looks like one giant bonfire of young people’s money. The concept of gamification was real and the exodus of investors was noisy – culminating in the ridiculous self-immolation of GameStop (GME), AMC Entertainment (AMC) and the meme shares. Those who fought this trend left Twitter, hired bodyguards and tried to hide from the angry mob that tried to boost the stock by bailing out the sellers. No tinder from these clowns.