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Joined 1 year ago
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Cake day: December 7th, 2024

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  • From the article:

    Nvidia declined 7%, Oracle, and AMD dropped 8.8%, Meta and Microsoft dropped around 4%.

    These are amounts that stocks often fluctuate. Percentages are what matter. Phrasing it as a big dollar value was lost is always manipulative framing.

    The market is big. There are more than a few shares. A small change becomes a big number when multiplied by the size of the entire market. $800 billion is basically meaningless.

    The numbers are fake anyway. Market cap is the value if all existing shares were sold at the current price. Nonsense. Selling all the shares would change the price in some way.





  • The father in the interview is black. This isn’t a race thing.

    He wants his daughter to get a good education. As an air traffic controller, he surely knows the value of education because he works a job that takes a lot of education and training to get into. Public schools in the united states are very bad, and underfunded. Private middle and high schools are common in cities and are usually much better than the public schools. Its a good choice for anyone with the means, which he had every other month this year.

    Racism is systemic. It is behind the right wing policies that constantly underfund education. It is rarely the driver of individuals. Individual’s decisions are shaped by the options available more than anything else. Sending his daughter to a private school is the best choice for a father in his position. Hold your ire for those in positions of power.