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Everyone else is too busy spending everything they have on GPUs, DRAM and power plants? Joking. Honestly, the only thing that surprises me more than seeing Lar
by TeMPOraL 11mo ago
Everyone else is too busy spending everything they have on GPUs, DRAM and power plants?
Joking. Honestly, the only thing that surprises me more than seeing Larry Ellison at the top of the list, is seeing Netflix buying Warner Bros, and not the other way around. Maybe I'm too old, but the very notion somehow does not compute.
- jibal 11mo agoYeah, that headline struck me as backwards too, but I acknowledge it's based on an old framework that doesn't match the modern facts. P.S. punished for what, honest self-deprecation? By "it" I meant my expectation, not the headline ... is that really not clear?
- hateful 11mo agoIt felt the same way when AOL bought Time Warner.
- shadowgovt 11mo agoIn business, it's sometimes more about people's expectations for a company's future than their past performance. We must never assume the market is rational, and enough people getting hyped at the same time can give a company enough short-term cash to make an unexpected move.