kathmandu: Close-up of pussywillow catkins. (Default)
kathmandu ([personal profile] kathmandu) wrote in [personal profile] thewayne 2024-04-18 02:24 am (UTC)

One thing I learned from hanging out on investment forums is that when a company moves its headquarters to a new area (like to be near the CEO's new luxurious country house), the stock usually goes down afterward.

That's because the skilled and valuable upper-level employees don't want to move away from their homes, families, friends, etc. So they all quit, and the company is left with less-experienced replacements.

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