SubstituteTurkey 38 points 3 months ago

As opposed to what? Generosity mode?

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swade2569 19 points 3 months ago

Fear. There’s a Greed/Fear index. Never buy in greed. Buy in fear. Obviously carries a great deal of risk but if the sun keeps coming up in the morning it’ll work itself out eventually.

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givesomefucks 4 points 3 months ago

Our capitalist society legally obligates corporations to maximize share holder return at all costs.

If they don't, the shareholders sue the corporation they own, and win.

It's not "greed mode" it's not even that they're always in that mode.

It's like a fucking George Foreman grill, there's no switches or modes. If it's plugged in, this is what's happening. There's no way to have the system plugged in and not doing this

Like if someone turned on a light switch, and then asked why the room gets brighter every time they turn the switch on. Everything is working as designed...

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CapuccinoCoretto 25 points 3 months ago

He would know.

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ryrybang 13 points 3 months ago

Sure would:

Goldman Sachs quietly crowned CEO David Solomon the early 2025 pay leader among Fortune 500 company chiefs with a double-digit percentage raise that puts him above both JPMorgan’s Jamie Dimon and Disney’s Bob Iger.

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IWW4 8 points 3 months ago

In other news, water makes things wet.

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goatinspace 7 points 3 months ago

Greed says markets are in greed mode.

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Flower 4 points 3 months ago

Markets are in hyper greed mode and normal greed can't keep up anymore.