FlashMobOfOne comments on MIT report: 95% of generative AI pilots at companies are failing

[–] FlashMobOfOne@lemmy.world 2 points 1 year ago (3 children)

Oil stocks were down 90% in March 2020. That's what I went with. You can profit off a lot of things if you're willing to hold for a few years.

permalink

fedilink

source

parent

hideshow 3 child comments

[–] bier@feddit.nl 3 points 1 year ago (2 children)

I once had stocks in Shell, mainly because it's a Dutch company (I'm Dutch) and its a pretty stable investment. But it felt very wrong to invest in oil. So after a few months I sold them (thankfully with a little profit).

Personally I just don't want to invest in anything I think fucks up the world. It's also why I don't want to invest in meta and some other tech companies.

permalink

fedilink

source

parent

hideshow 2 child comments

[–] ubergeek@lemmy.today 3 points 1 year ago

Personally I just don’t want to invest in anything I think fucks up the world.

For better or worse, then you wont want to invest in well, anything. Capitalism is always fucking up the world.

That said, most don't have a choice about it, if they ever want to retire.

The best I can get you is investing in Seed Commons, or something similar: https://seedcommons.org/invest

permalink

fedilink

source

parent

[–] FlashMobOfOne@lemmy.world 1 point 1 year ago

It's true. A person has to make the best choices for themselves.

Oil stock, in my case, paid off my student loans and paid for the down payment on my home, and just in time too given that the US leaders have allowed things to get so bad for the people in those arenas.

The way I justify it to myself is that, as far as investing goes, I am among the smallest of the small fish. Unless you own enough to sway votes in a public company, your investment doesn't particularly matter as far as a company's policies and behavior.

permalink

fedilink

source

parent