Centaur1989

3 ms·

1. 1.▲
   by Centaur1989 6y ago

   Let's think in first principles here, shall we? Stocks (or equity) is a fractional stake in current and future earnings of the company. We know if a company declares bankruptcy, its liabilities have exceeded assets and equity is down t
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   by Centaur1989 7y ago

   >>When reasoning doesn't line up with facts, there are usually flaws in the logic. I don't think there's an opposition of facts and logic here. Grab was founded in 2012 ( https://www.grab.com/sg/abou
3. 3.▲
   by Centaur1989 7y ago

   No. That's not how price collusion works. If Delta airlines started charging for 2nd baggage, and after their announcement United/American/Southwest follow suit, that's not a price collusion if it wasn't predetermin
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   by Centaur1989 7y ago

   People here seem to think that Uber/Lyft do not have any competitive moat. I disagree. What we seem to forget is that just because a VC can burn boatloads of money to capture ridesharing market from Uber/Lyft doesn't mean th
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   Earth today looks like 115k years ago without the massive sea level rise(washingtonpost.com)

   1 points by Centaur1989 8y ago|0 comments