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Joined 1 year ago
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Cake day: June 13th, 2023

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  • Imagine you own a goose that lays golden eggs. It lays one golden egg per year. How much would you sell it for? Probably not one golden egg, but definitely you’d sell if for a million gold eggs. You’d probably settle for maybe 5? 10? 15? Something like that.

    Suppose the goose only lays one egg per year now (or none at all!) but it’s still young and most people expect it to start laying four or five or even ten or twenty eggs per year in a few years from now. It’s impossible to tell for sure how many it’ll lay over its life, or when that will happen, or if it will happen at all. NOW how much do you sell it for?

    That’s the stock market.

    A bunch of investors think a bunch of gooses will start laying a ton more golden eggs soon, and they’re willing to pay big bucks now in exchange for the possibility of that in the future. This isn’t a pyramid scheme or a zero sum game or anything like that. It’s just a prediction of the future which may or may not be correct, and only time will tell.









  • solstice@lemmy.worldtoMemes@lemmy.mlNo 👏 more 👏 screenshots 👏
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    1 year ago

    Does anyone else remember when something had to go viral first before it became a meme? Seems like the causality changed and now people “create” memes. Back in my day one did not simply create a meme, it had to become one.

    The Star Wars kid, numa numa, all your base, Ellen Feiss, double rainbow etc. Can’t remember my first still image meme. Maybe overly attached girlfriend, scumbag Steve, good guy greg, one of those.



  • solstice@lemmy.worldtoMemes@lemmy.mlReddit moment!
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    1 year ago

    I’m so sick and tired of every single website and service trying to push an app on me. No, I don’t want to download your stupid shitty app, I’ve got dozens and I don’t want another one that I don’t use that interrupts me to push stupid notifications. Now get off my lawn!



  • I find gyms insufferably boring.

    I play an intense competitive sport which burns easily 5000 calories a week, keep a reasonable diet, and do stretches/cooldowns according to my Dr and physio. Then at home I do a pretty basic routine of squats, push-ups, sit-ups, and stretch band exercises. I don’t smoke and barely drink anymore either.

    I’m 38 and that keeps me in great physical condition, healthy weight, nice muscle tone; plus I’m energetic, and mostly injury free. I’ve also noticed I’m aging significantly better than my stagnant friends and colleagues.

    Find a sport you enjoy and go all in on that.