Is there a term for this kind of short term low-correlation thinking?
I’ve seen it with both Amazon and Tesla, now hearing it again with Rivian. It’s like a certain portion of the population is utterly incapable of ingesting a wide variety of information and then contextualizing it.
Seriously what is the origins of the this joke?
https://www.theatlantic.com/business/archive/2007/11/we-apos...
If you need more than that, you can stay poor with the rest of the people leaving comments as idiotic as the one I replied to.
The general behavior so common there's an entire joke circling HN about "What's our pivot strategy"
"We pivot into pretending to work while absorbing large sums of cash. Then we bail and do it again while the market rewards our confidence."
Like the author said. "Love it!"
It's correlating on a really common strategy. "Through mysterious circumstances, we have somehow negotiated incredibly horrible supply deals. We now go out of business and run away with your money."