fitchjo

8 ms·

31.
by fitchjo 10y ago
One other clarification for you, many floating-rate lending agreements actually allow for the borrower to select between the Fed rate and LIBOR throughout the term of the agreement. As I understand, the prevalence of LIBOR in US contracts
32.
by fitchjo 10y ago
If you are assuming a 25 - 35 year old, you must be very risk averse as 30% is pretty high for such a young person to have in bonds.
33.
by fitchjo 10y ago
All the average investor needs to know how to do is sell their shares and in four simple steps the media person/short seller makes their money: 1. Media person shorts stock 2. Media person tells viewers stock is worthless 3. Viewers ho
34.
by fitchjo 10y ago
Considering the aging truck force[1], the impact of automated trucks may not be as big of an impact as what most are estimating. [1] https://blog.transplace.com/2015/02/an-aging-truck-driver-wo...
35.
by fitchjo 10y ago
According to Merriam-Webster[1], racism is defined as one of the following: 1. a belief that race is the primary determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race 2.a
36.
by fitchjo 10y ago
It is not a book, but Matt Levine is the way I get my daily finance news. He is fantastic.
37.
by fitchjo 10y ago
I (hopefully) see what you did there :)
38.
by fitchjo 10y ago
Thanks for the constructive criticism, gents. Cheerio!
39.
by fitchjo 10y ago
Just want to point out that in many industries a revenue multiple of less than 1.0 is expected [1], such that generating greater than $15 billion in revenue does not automatically result in a company worth $15 billion. That being said, FB&
40.
by fitchjo 10y ago
Just to clarify, the main reason that the "Coca-Cola" tradename is not a recognized asset is because it was generated by the Company and not purchased, not because of how difficult it is to value. I agree that accounting is very
41.
by fitchjo 10y ago
I would be shocked if this did not get reversed upon appeal for that very issue - the precedent that would be set by this would wreck havoc on the market.
42.
by fitchjo 10y ago
So you are saying those that are seeking a partner/significant other are doing so because they crave validation? Not sure I really understand your thought process.
43.
by fitchjo 11y ago
Reminds me of the joke that if a forest firefighter woke up in the middle of the night and saw his house was on fire, he would go light his neighbor's house on fire to fight it.
44.
by fitchjo 11y ago
I would say normally when you are using monetary value as an adjective for a company, you are describing how much it is worth, not in relation to revenues. Most companies do tend to have Revenue/EV multiples greater than 1.0, so more
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by fitchjo 11y ago
Actually, at least for the US, fines paid to governmental agencies are generally non-deductible and so DB will take the full brunt of the fine to the bottom line.
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by fitchjo 12y ago
Not sure how that has anything to do with passing the cost onto the consumer. If, for instance, the processing fee increased to 10% across the board, you would see an increase in prices to cover that expense. It will certainly not be inst