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wildwood

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wildwood
·il y a 17 ans·discuss
Google got whipped by Yahoo JP for quite a while, as I recall, and they stuck with it. They're still getting their asses handed to them in South Korea.

This doesn't seem like a decision that's being based on market share. And Google doesn't have a track record for bailing on tough markets. With their cost structure, why would they? (Google doesn't have near the physical plant costs that GE does.)
wildwood
·il y a 17 ans·discuss
What's more, you can even go broke with overall positive expectancy, if your position sizing strategy can't handle losing streaks.