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wildwood

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wildwood
·17 anni fa·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
·17 anni fa·discuss
What's more, you can even go broke with overall positive expectancy, if your position sizing strategy can't handle losing streaks.