this post was submitted on 12 Mar 2025
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[–] mogoh@lemmy.ml 6 points 3 days ago

here’s why

What could it be?

[–] Opinionhaver@feddit.uk 3 points 2 days ago (1 children)

I didn't read the article but I'd bet the "why" is because it's been on the news and people think it's an easy way to make a quick buck. However, these people are amateurs - when it's in the news you're already too late.

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[–] Darkard@lemmy.world 2 points 3 days ago (1 children)

I always wish I was quick enough to take advantage of things like this but I always miss the boat

[–] addie@feddit.uk 2 points 2 days ago

Does make me think about the story of Thales of Miletus; ancient Greek philosopher, got asked what use was philosophy if it doesn't make you any money. Predicted good weather, and monopolised all the olive presses, made a fortune.

For a modern example; shares in Rheinmetall (German firm who make, amongst other things, the turrets for tanks) have gone through the roof after the recent US debacle. I could have told you a year ago that Trump getting in would have meant the US abandoning Ukraine; obvious in hindsight that that would mean a boon for European arms manufacturers.

I don't think you need to be quick to take advantage. I think you need insight. If there's a topic that you're knowledgeable about and you can see which way the wind is blowing, then you can make your own boat.

https://en.wikipedia.org/wiki/Thales_of_Miletus#Olive_presses

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