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The post about prospectus credibility is not bad: http://theplanis.com/blog/latestage/ http://theplanis.com/blog/latestage/
by ableal 17y ago
The post about prospectus credibility is not bad: http://theplanis.com/blog/latestage/ http://theplanis.com/blog/latestage/
- notauser 17y agoThanks. I actually read the investor update for that particular prospectus recently. Generally it seems to be working out, and as predicted the technology has very little to do with it. In fact one of the customers is proposing to license it and then use none of the technical solution, instead building their own in house. The power of golf in the technology business at work :-)
- ableal 17y agothe technology has very little to do with it "amateurs talk strategy, professionals talk logistics" ... power of golf Those of us on the "a good walk spoiled" side are missing out then (ah well, there's wining and dining ;-)
- barrkel 17y agoI wonder how much of that is a result of European risk aversion and relative economic rigidity, focusing on credentials, legal barriers to competition (as opposed to building a better product), "connections and pedigree". It all sounds like big corporation CYA behaviour where the returns are low and predictable and you just need to scale, rather than an investment with big potential for upside and concomitant appetite for risk. But like he says, it's only one data point.
- notauser 17y agoThis investor was an American (and a red-meat eating, cigar smoking, boot wearing Republican too, for what it's worth).
- Robin_Message 17y ago> European risk aversion and relative economic rigidity, focusing on credentials, legal barriers to competition This is racism. > It all sounds like big corporation CYA behaviour And this is illogical. I mean, if Europe is the risk averse one, why is the acronym "cover your ass"? It should be "couvrir ton derriere", or at least "arse!"
- barrkel 17y agoFWIW, I'm an Irishman living in the UK, and I judge what I see.
- amock 17y ago>> European risk aversion and relative economic rigidity, focusing on credentials, legal barriers to competition >This is racism. This is an ad hominem argument. The original poster's comment sounds more like a statement about how he sees European law.