Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Perhaps not so ironically, it was precisely at the moment when Jackson advocated the incorporation of marginalized communities into the so-called shareholder value revolution that my Wall Street informants began to suspect the impending burst of the bubble. Many subscribed to the old Wall Street adage: When cab drivers start asking for investment advice and stock picks, its [sic] time to get out of the market. As Wall Streeters understand it, by the time stock market knowledge seeps to the masses, the bull market has turned into a bubble economy. This assumption only makes sense, of course, if success in the stock market depends on a delicate balance of insider knowledge, market hype, and timing. Wall Street, then, views the democratization of stock market participation as a bellwether of oversubscription and as a signal for insiders to sell, meaning "latecomers" to the market tend to bear the brunt of crashes.

knowing that it's at least somewhat of a zero-sum game, only some can make a lot of money, the trick isnt just to get a certain amount of money but to have a certain position in the world economic rankings in order to command more power [prestige, etc] over others

—p.23 Wall Street's Orientation: Exploitation, Empowerment, and the Politics of Hard Work (2) by Karen Ho 4 years, 10 months ago