Replying to Avatar hh

A couple of comments about today's market dump:

1. Oh, the sheer RETARDNESS of dumping Nvidia stock due to the DeepSeek CCP psyop, when admittedly DeepSeek has been trained using... NVIDIA CHIPS. If anything, DeepSeek proves that Nvidia chips can do even more than previously thought, and consolidates their monopoly.

2. The sheer stupidity of those babbling on about wHErE's YouR raTIoNaL INveSt00r n0w, EH? all over the internets. "Rational" as in the much touted "rational actor/investor" doesn't mean "an actor who never voluntarily incurs a monetary loss when making decisions in life". It simply means an actor who makes decisions based on their SUBJECTIVE self-interest IN THE MOMENT.

I've never found much use for this concept, other than to cause me to look at actions I cannot comprehend and make an effort to try to put me in the other person's shoes and see the world the way they see it and try to make sense of their calculation, which is NEVER numerical.

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paulo 1y ago

We live surrounded by fools.

https://en.m.wikipedia.org/wiki/Jevons_paradox#

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hh 1y ago

I would rename it as Jevon's Fucking Common Sense.

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paulo 1y ago

Yes, no jedi thinking level required.

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