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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • I keep offering my partner a way out via either a pi hole or (my current setup) adguard. They literally don’t want it. Why? It doesn’t bother them and sometimes you have to watch the ads for perks in games. Even tried to show them that you can have per App rules etc.

    But no. It’s not a big deal. Using any of their devices gives me an aneurysm, I keep forgetting how bad mobile ads and browser ads are. Smh










  • These are just AI ramblings. But for the sake of the argument I don’t think the stock market requires infinite growth per se. Shareholders could just as well be happy with the dividend payout. Say you gave your apple farmer 20 units of wood to build a fence and storage, and in return he gives you an X amount of apples per fiscal quarter.

    But this is hypothetical and in the capitalist system we enjoy you are right of course.

    Though I will say that we could definitely regulate more. I would always be more inclined to put my faith in a regulatory body than the powers of the free market.


  • I’m by no means an expert. So I asked the old CharlieGPT

    This list seems pretty good to me though:

    Transforming the stock market from its current state, which many perceive as being overly speculative, to a more stable and purposeful system would be challenging. However, here are some suggestions that could help mitigate its “casino-like” nature:

    1. Limit High-Frequency Trading (HFT): HFT can exacerbate market volatility. Some argue it provides liquidity, while others feel it allows for manipulation. By setting limits or additional regulations on HFT, you might reduce some of the rapid, short-term fluctuations.

    2. Enhance Financial Education: Educating the public about the fundamental analysis of companies, rather than speculative trading, can lead to a more informed investor base that makes decisions based on a company’s intrinsic value, not short-term price movements.

    3. Tax Incentives for Long-Term Holding: Offer tax benefits for long-term investments. For example, increase capital gains tax for stocks held less than a year and reduce it for those held longer. This would incentivize investors to think long-term.

    4. Increase Transparency: Companies could be required to disclose more about their financial health and business operations, making it easier for investors to make informed decisions.

    5. Reduce Leverage: Limit the amount of leverage retail investors can use. Excessive borrowing to buy stocks can magnify gains but also amplify losses, leading to more volatile markets.

    6. Strengthen Short-Selling Regulations: While short-selling can be a useful tool for price discovery, unrestricted or manipulative shorting can destabilize markets. Strengthening regulations and increasing transparency around short positions might help.

    7. Limit Derivatives or Complex Financial Products: Overly complex financial products can mask risk. By limiting or more strictly regulating these products, one might reduce systemic risks.

    8. Robust Regulatory Oversight: Enhance the powers and resources of regulatory bodies to monitor market manipulations, insider trading, and other unethical practices.

    9. Circuit Breakers: Strengthen and refine circuit breakers, which are mechanisms that temporarily halt trading on an exchange during significant declines for predefined periods.

    10. Restrict Speculative Products for Retail Investors: Limit access to highly speculative or complex products for inexperienced retail investors.

    11. Promote Stakeholder Capitalism: Shift the focus from purely shareholder returns to considering other stakeholders, such as employees, the community, and the environment. This can encourage companies to think long-term and align their strategies with broader societal benefits.

    12. Enhanced Shareholder Rights: Grant shareholders more power in corporate decision-making, making it easier for them to hold company executives accountable.

    Remember, the stock market serves as a crucial mechanism for companies to raise capital and for investors to grow wealth over time. Any regulations or reforms should be considered carefully to ensure they do not stifle innovation or economic growth.