• jordanlund@lemmy.worldM
    link
    fedilink
    arrow-up
    30
    ·
    9 months ago

    Try working for a publicly traded company and having stock shares.

    I had a decent chunk of stock. One quarter we failed to meet expectations by 0.23%. The stock price went down 30%. Grrr!

    • ivanafterall@kbin.social
      link
      fedilink
      arrow-up
      17
      ·
      edit-2
      9 months ago

      I worked for awhile at a private investment firm. Still can’t muster much more than it’s all so, so dumb.

    • SupraMario@lemmy.world
      link
      fedilink
      arrow-up
      16
      ·
      edit-2
      9 months ago

      The shit part is even with private companies if they’re run by a bunch of fucking idiot owners, they do not want to back off their bottom line, so they’ll just let people go vs having savings to weather a down turn. Very few of our companies that employee everyone are run by intelligent people… it’s mostly fucking idiots driving the ship like crack heads looking for their next fix.

    • PatFusty@lemm.ee
      link
      fedilink
      arrow-up
      3
      ·
      9 months ago

      You must have joined the work force in 2021. Stock drops like that are extremely not normal.