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No he isn't. He thinks broadband competition in the US is "robust"[1], which is farcical on its face. Ajit Pai is a decidedly anti-consumer, anti-competition c

No he isn't. He thinks broadband competition in the US is "robust"[1], which is farcical on its face. Ajit Pai is a decidedly anti-consumer, anti-competition commissioner. His job is to make sure ATT, Verizon, Comcast, et al make as much money as possible. Period. [1]http://www.broadcastingcable.com/news/washington/fccs-pai-broadband-competition-underplayed/140624 http://www.broadcastingcable.com/news/washington/fccs-pai-br...

edoceo 10y ago
I cancelled Comcast but am still long on $CMCSA. It's horseshit. But, my upside can be donated to a school.
- logicallee 10y ago
  If you don't think customers matter, you're simply a bad investor, and you won't have any upside. (It really is that simple.) This isn't a moral statement, just that you are unlikely to have upside. If you want to benefit schools, go ahead and donate, but becoming a stakeholder in a company that hates its customers and vice versa is unlikely to serve your stated goal, in my opinion.
  - logicallee 10y ago
    I can't believe 3 people downvoted this :) Customers who hate your guts is not a good formula for the medium term. (Long-term, companies can change - customers like Microsoft a lot more these days.)
  - Clubber 10y ago
    You are absolutely right, but I think there are ways around it that Comcast and friends have figured out. Obviously carving out territories and sticking to your territory is a big one. No competition for what many consider a necessity. Imagine if the electric company did the same thing? What are you going to do? Live without power?
    - logicallee 10y ago
      it's one thing to say they'll probably survive, and another thing to completely actively invest in it. I say actively because it's not like gp poster has it in their portfolio due to some mutual fund, etc. They actively bought it as a long position!
jessriedel 10y ago
Your comment would be much better if you dropped everything but the second sentence (and maybe the first, to orient the reader), since that's where all the substance lies.

edoceo 10y ago

I cancelled Comcast but am still long on $CMCSA. It's horseshit. But, my upside can be donated to a school.

logicallee 10y ago
If you don't think customers matter, you're simply a bad investor, and you won't have any upside. (It really is that simple.) This isn't a moral statement, just that you are unlikely to have upside. If you want to benefit schools, go ahead and donate, but becoming a stakeholder in a company that hates its customers and vice versa is unlikely to serve your stated goal, in my opinion.
- logicallee 10y ago
  I can't believe 3 people downvoted this :) Customers who hate your guts is not a good formula for the medium term. (Long-term, companies can change - customers like Microsoft a lot more these days.)
- Clubber 10y ago
  You are absolutely right, but I think there are ways around it that Comcast and friends have figured out. Obviously carving out territories and sticking to your territory is a big one. No competition for what many consider a necessity. Imagine if the electric company did the same thing? What are you going to do? Live without power?
  - logicallee 10y ago
    it's one thing to say they'll probably survive, and another thing to completely actively invest in it. I say actively because it's not like gp poster has it in their portfolio due to some mutual fund, etc. They actively bought it as a long position!

jessriedel 10y ago

Your comment would be much better if you dropped everything but the second sentence (and maybe the first, to orient the reader), since that's where all the substance lies.