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Comment Market disruption (Score 5, Insightful) 243

Maybe all of these companies with higher profit margins than Amazon should be reinvesting more of those profits towards their long term viability instead of fixating on quarterly earnings and shareholder dividends. These companies have the resources to compete, they're just afraid of the disruption it'll cause and investors tanking their stock because their growth was a few tenths of a percent off of what they predicted.

Comment Re:If it works and it is stupid, it aint stupid. (Score 1) 190

It is also about confidence. Particularly for athletes, politicians and other performers, mental conditioning and feeling confident are really important, especially at the highest levels. I grew up around hockey players, who are known for their superstitions and weird pregame rituals they have. I've also seen the difference confidence can make in the performance of an individual who is objectively very good. Most of these people know that putting your left sock on before the right doesn't REALLY make a difference in the grand scheme of things, but they do it anyway because it gets them in the right mindset to perform at their best.

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