• 0 Posts
  • 107 Comments
Joined 2 years ago
Cake day: June 15th, 2023
  • partial_accumen@lemmy.worldtoAsk Lemmy@lemmy.world•if you we're a CEO of a company and one of your competitors (YOU'RE NOT A MONOPOLY) developed a highly wanted feature faster than you could, how would you react and act in a executive meeting?
    10·
    8 hours ago

    It doesn’t work the way you’re describing for a bunch of reasons.

    First, while everyone thinks the CEO is the boss, they aren’t. They are hired and fired by the Board of Directors. The Board has a strategic objective for the company and has tasked the CEO with making that strategy reality. So in your hypothetical, the Board may not be interested in developing new features or putting lots of resources into R&D at that time. Its also possible that the Board is wanting to pivot the company into a different business segment where that new features isn’t attractive to that customer base.

    Lets assume for the moment the Board does have interest in the result $NewFeature might provide.

    CEO does something like this:

    • Contact Marketing and confirm our customer base would want this $NewFeature that $competitor developed. Also, we’ll need pricing strategy fairly quickly to know how much we will net out of implementing this $NewFeature or how much of our customer base we’ll lose to $competitor if we don’t have it in our product. Also, Marketing will need to come up with a new name for $NewFeature under our banner.

    Those number from Marketing will give us an idea of our budget for building this $NewFeature

    • Contact Legal and confirm that $NewFeature is not covered by any filed or pending patent or copyright claims. Take the name that Marketing came up with and search for existing copyright and trademark claims to see if we can use the new name or if we have to come up with something else. If there is existing IP covering the functionality, we need a breakdown on what that is to see if Marketing and CTO can make something else that does all or some of what $competitor’s $NewFeature does. Depending on how important $NewFeature is, don’t rule out licensing the IP from $competitors

    • Ask CTO to work with the Project Management Office (which probably works under the COO) to come up with a rough Work Breakdown Structure and folding into a Project Plan with identified Milestones and rough release date. CTO will also need to provide a Resource Allocation (how many people, how expensive of people, and for how long) to complete the development of $NewFeature. This Resource Allocation will be folded in with the additional development costs of tools, etc, and compared against the number Marketing is providing to see if this is a good business decision to even pursue making $NewFeature.

    There’s a bunch more, but this is a taste.

  • partial_accumen@lemmy.worldtoNews@lemmy.world•Dow sinks more than 700 points. Stocks are on track for their worst quarter since 2023
    1·
    2 days ago

    Go back and read our exchange. You wrote your position. I communicated my confusion with what I read of your position. You’ve done nothing to explain further what is wrong with how I explained how I understood your position except to say essentially “not that way”. You have yet to provide any more information for me to understand what your way actually is.

    I’m not upset with you or your position, I’m genuinely confused. I’m happy to be corrected with my understanding of your position, but you’ve offered none. How else am I supposed to understand you? Just guess more and have you tell me “not that way” more? If you don’t want to talk about it more, thats fine too. I hope you have a great day.

  • partial_accumen@lemmy.worldtoNews@lemmy.world•Dow sinks more than 700 points. Stocks are on track for their worst quarter since 2023
    2·
    3 days ago

    When it goes down more, you dont need to see the bottom.

    So when are you recommending buying back in with your strategy? 1 point lower than you sold for? 10? 100? 1000?

    You can wait until it hits recovery or bull market even, and buy back. That point will likely be lower than where you sold even if its not the lowest. You dont need to buy the bottom, but buying lower than you sold is a win.

    Unless you miss that point, and you have to buy back in higher than you sold for, and it could be years before its ever low enough for you to “buy back in low than you sold”.

    If you buy back in when its higher than your arbitrary threshold, but then drops back down again the next day, do you sell again?

  • partial_accumen@lemmy.worldtoNews@lemmy.world•Dow sinks more than 700 points. Stocks are on track for their worst quarter since 2023
    2·
    3 days ago

    You can never time the lowest point.

    You’re cheating this exercise. We were talking about properly guessing when to buy back into the market, and you’ve predicated your solution with this:

    What you can do however is guarantee yourself a massive gain over the next few years when the stocks inevitably go back to pre-trump levels by buying it now

    This presupposes you’ve already sold to a cash position prior to the fall. So that would be accurately timing the market at the best time to sell off. If you sold even a month ago, you would have already incurred a loss from the highest peak value. You’re arguing against the parent post about selling off all stocks to a cash/bond position today. You’re both depending on a close-to-perfect timing of the market. He’s depending on buying in at the low, you’re depended on knowing when the high was to sell.

    Also, I think its sound thinking to always be suspicious of anyone’s claim saying “What you can do however is guarantee yourself a massive gain” when talking about investments. There is no such thing as a guarantee in investing.

  • partial_accumen@lemmy.worldtoNews@lemmy.world•Dow sinks more than 700 points. Stocks are on track for their worst quarter since 2023
    5·
    3 days ago

    You can wait until the market recovers, and as long as you buy back at a price lower than what you sold, call it a win.

    Right, thats the magic, but its not that easy. No one knows when that will occur.

    You have to accurately predict both a high enough point to profit, but also, and much harder, put the money back in when you decide its “low enough”. Look at historical recoveries. You said it yourself, most people aren’t playing the market daily. The folks that are pulling out may miss the recovery by weeks or more because they’re not watching. I know I don’t watch that closely, but I also don’t try to time the market.

    Dont chase, “what could have been” because youll always feel like you lost

    Isn’t that what trying to time the market is doing? The folks that are pulling out to put in later are attempting to time the market.

    I’m arguing the opposite. “Time in the market beats timing the market.”