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Yep - I was always told, keep your dividend-paying winners, sell your losers. Wework is definitely a loser, ARM is a winner - its completely upside down. If he
by guiriduro 6y ago
Yep - I was always told, keep your dividend-paying winners, sell your losers.
Wework is definitely a loser, ARM is a winner - its completely upside down. If he wants cash, he should sell his trash. And avoid future losses by not buying trash in the first place.
- Danieru 6y agoRather Alibaba and Yahoo Japan are Softbank's dividend-payers. ARM has proven nothing more than a bargaining chip to kickstart the vision fund and now a crunch zone to keep the group liquid. ARM's valuation has barely moved despite the continued dominance of the platform. Selling ARM lets Softbank keep WeWork living for a couple more years, enough time to bring the non-japan markets into cashflow positive status. Japan by some miricle was cash flow position from the start, he must think the model can work overseas.