MapQuest stood up to President Donald Trump, and now its app is reaping the rewards.
The “OG of online mapping,” as the company calls itself, announced on Thursday that it would not change the name of Lake Ontario on its maps to Lake America, despite Trump’s executive order directing the U.S. Department of the Interior to update the lake’s name in the U.S. geographic naming service. As a result, MapQuest’s mobile app downloads soared, sending the iOS app to the No. 4 position on the U.S. App Store’s Top Charts for apps (not including games) as of Monday morning on the U.S. east coast.
MapQuest also reached the No. 8 position overall in the U.S. App Store across both apps and games, and it became the No. 1 Navigation app in the United States.
So short the market and profit from the downfall. What’s the problem?
Too expensive unless you can predict exactly when the bubble is going to burst.
The market can remain irrational longer then you can remain solvent
“The DOW is over 50,000!”
https://www.youtube.com/watch?v=Q71Xb1Sd86M
*was
I am an anti-capitalist and I think about investing in the stock market similarly to how religious people view gambling (e.g. not just sinful in an abstract sense, but an actively terrible financial idea in the short term, too).
Ever notice how there are like… regular market collapses? And the only people making a lot of money are very obviously doing insider trading?
Anyone who has ever invested in the stock market has already lost more money than I ever will.
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