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The Stock Market is Just Financial Fantasy Sports
(sh.itjust.works)
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.
Whats it like to be a mod? Reports just show up as messages in your Lemmy inbox, and if a different mod has already addressed the report, the message goes away and you never worry about it.
I will do you one better. The Stockmarket is more like a roulette wheel.
A roulette wheel gives everyone a fair chance with only the house (stock exchange) taking a cut.
The stock market lets people who make giant bets give themselves an advantage. Also if they are famous or powerful they can announce what they are going to pick which will help make that number win.
Then there are HFT's which is like if the house let really rich people install a camera tied to a computer and place bets just before the ball lands in the slot.
Not only that, but the winnings of camera instabet players are automatically deducted from everyone else's winnings.
A roulette wheel where a handful of old guys can just stop the wheel and put the glass ball wherever they want.