I’m wondering if big corporations like Target etc underestimated the impact of tech illiterate warming up to online shopping due to COVID. People poring over old data and thinking that most people would simply deal with the inconvenience, but it turns out most people are more comfortable just using Amazon now than 5 years ago
Projections won’t swing more than a few quarters ahead. Long term thinking yields short term losses, and the US stock market is a heroin addict begging at the methadone clinic for the briefest reprieve from its anguish. Long term is irrelevant and the neighbor’s window is open just enough to get the hit that the clinic denied.
I’m wondering if big corporations like Target etc underestimated the impact of tech illiterate warming up to online shopping due to COVID. People poring over old data and thinking that most people would simply deal with the inconvenience, but it turns out most people are more comfortable just using Amazon now than 5 years ago
Projections won’t swing more than a few quarters ahead. Long term thinking yields short term losses, and the US stock market is a heroin addict begging at the methadone clinic for the briefest reprieve from its anguish. Long term is irrelevant and the neighbor’s window is open just enough to get the hit that the clinic denied.