8 Matching Annotations
  1. Sep 2023
  2. Aug 2023
    1. In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price.
  3. Feb 2021
    1. Eh, that's just sales. Humans are dumb, panicky animals: just look at how J.C. Penny's "Fair and Square" initiative went.Short version: they went full-on no bullshit: no limited time sales, no fake prices discounted, things cost what they cost, no more FOMO, no waiting for deals.It tanked. Horribly.
    2. Why do companies insist on making deals a gamble? Is it basically just to capture FOMO sales?Both rhetorical questions.Edit: I'm talking about how you can pay one price for a deal and then a couple months later it's even cheaper.
  4. Nov 2020
    1. I refuse to back anything from Queen games. Their kickstarters, IMO, are meant to get people to have FOMO instead of something being worth the price.
  5. Apr 2020
  6. Feb 2020
  7. Nov 2019