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by jerf
2537 days ago
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A lot of this is why I didn't say it wouldn't affect Jeff at all, or try to predict the particular impact, but just that it would be... strange. Even if you could objectively analyze the full business picture, nobody could fully analyze exactly how Wall Street would react; the ability to do that would imply the ability to get very rich on Wall Street very quickly. I forget where it was, but I also recently read an article musing on the idea that in the modern era we seem to have a new threat emerging where companies establish very, very firm footholds in some particular industry, and then use that to leverage their way into other industries because they can literally out-resource the entire competitor base of that industry. In some sense, in theory this has been possible for a long time, and we've had things like Samsung which are massive conglomerates, so it's not a new problem in quality, but the quantity of money that can be brought to bear this way in the 21st century may still make this a new sort of problem for trust busters to keep their eyes on. |
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