this post was submitted on 17 Nov 2025
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Technology

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[–] CosmoNova@lemmy.world 37 points 2 days ago (12 children)

I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.

[–] rafoix@lemmy.zip 27 points 2 days ago (5 children)

Unfortunately, these stocks being high are directly related to so much of the tech world being complete shit right now.

[–] CosmoNova@lemmy.world -3 points 2 days ago (4 children)

You see that is exactly the problem I have with these posts. You don‘t actually know if the trading portfolio of a mega evil asshole actually has any impact on the technology world. Stocks are just gambling and he could make the wrong move here. Like 90% of high traffic posts in r/technology was just random billionaires trading stocks at some point. It was utterly pointless.

[–] Aceticon@lemmy.dbzer0.com 6 points 1 day ago* (last edited 1 day ago) (1 children)

This is the American version of Kremlinology: just like then all manner of non-political actions of members of the Soviet elites were studied to try to predict the direction of the Soviet Union, now all manner of non-political actions of members of the American elites are studied to try to predict the direction of the United States.

The reason for that kind of thing is that in systems were almost all of the real thinking, motivations and even politically revelevant actions of the elites controlling those nations are hidden or disguised, the only way to try and deduce what's going on is to look at those things which by need or because they're deemed to unimportant aren't hidden or disguised.

Peter Tiel's bulk stock sales and purchases are one of such non-political data points that might be important in predicting the short- and mid-term future of the US, at least Economically, which in turn has Political implications and more broadly for the future of American and Americans.

Sadly what American elites do in the Stockmarkets tells us a lot more about were they see the country going to than what they say, which itself already tells us way more than what Politicians say.

[–] CosmoNova@lemmy.world 1 points 10 hours ago

I think your post just really proves my point because nothing you said is really about the topic of this community anymore. There are better places on the Fediverse specifically designed for politics or economics. As a rule of thumb, if a headline is about stonks, it shouldn‘t be posted because the comments will only derail further away from the technology topic.

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