4 ms·
They had. Things change.
by calambrac 17y ago
They had. Things change.
- paddy_m 17y agoI was just thinking of porsche's brilliant financial coup. I'm confused as to how they are now in this position.
- calambrac 17y agoWhat's confusing? They've made some high-stakes financial plays. Their previous one worked, but this one didn't, and now they're in trouble. Is it really that mind blowing to see someone overplay their hand?
- froo 17y agoI like to look at their "financial acrobatics" in a more metaphorical sense. Like driving a 911. The car is prone to oversteering, so if you push it too hard around a corner, you can lose control and spin out. Looks like this this is what is happening to Porsche. Quite ironic really, their financial position taking on the characteristics of their signature vehicle.