this post was submitted on 19 Oct 2023
473 points (97.4% liked)
Technology
59602 readers
3710 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You can.
Buy stock for a company that prioritizes steady sustainable growth instead of chasing an ever increasing profit margin.
Plan to keep that stock for decades.
Buy more stock as time goes on, never stop buying that stock.
Pray that a giant conglomerate doesn't decide to buy it.
If a conglomerate buys it, dump stock immediately while everyone else is buying. Then reinvest it all into a new company.
Repeat as needed.
It'll help good companies, and if enough do it, conglomerates might eventually not seeing gobbling every other company up as profitable.