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by vladmk
1964 days ago
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It usually is crazier than you expect but I feel the authors answer “small trends” is a cop out answer. Small trends can be found in any success, the contrarian view is more interesting: why do things go right when they’re not supposed to? “Small trends” is a bad answer for GameStop, the answer is more complex and the variables aren’t covered in this article |
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And in 2008/09, people probably didn't want to buy from a bankrupt GM because it's hard to get spare parts from bankrupt car manufacturers. At least for the common definition of bankrupt (i.e. shuttered).