It is natural to correlate fetishism with a sexual connotation, but when Karl Marx discussed the fetishism of commodities, he was instead dictating people’s mysterious notion to enter a social contract of anthropomorphizing commodities.
My belief is that in 20-years, people will look back to 2019 and laugh and say “I can’t believe some people were betting against Musk.”
I understand that the topic of abortion and pro-choice vs. pro-life is incredibly politically charged right now. But that is precisely why I need to write and share my thoughts on this topic.
Amazon, Google, Facebook, and Apple. How big is too big such that consumers are being harmed by the growing dominance of digital platforms?
At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.
Generally, an inverted yield curve signals a potential recession that will occur anywhere in the next 12 to 24 months. So is it time to panic?