lokar

13 ms·

511.
by lokar 4mo ago
They sometimes have to keep access for fire trucks
512.
by lokar 4mo ago
KKR bought Avago, which bought Broadcom and took the name. They are a PE firm
513.
by lokar 4mo ago
Strong theranos vibes
514.
by lokar 4mo ago
I’m surprised by the comments here. The Broadcom business model (outside the chip business) had been pretty well known, and they don’t really hide it. They are tech bottom feeders. They find large businesses with a decent moat and free cas
515.
by lokar 4mo ago
They don’t hide this
516.
by lokar 4mo ago
They explained that fairly clearly
517.
by lokar 4mo ago
I’m sure they don’t care. They were pretty up front when they bought VMware what the play was
518.
by lokar 4mo ago
They are working on the moat: corruption.
519.
by lokar 4mo ago
Calling it capex with an appropriate depreciation schedule is more appropriate.
520.
by lokar 4mo ago
Uber did not need this much money to cross the finish line, and faced less competition.
521.
by lokar 4mo ago
Seems reasonable. Of course there are really good (true) roundabout designs that are great of cycling (and walking), but without understanding the space it's hard to know if they would fit / work well.
522.
by lokar 4mo ago
traffic circles (w/ stop signs) are an abomination and should be removed
523.
by lokar 4mo ago
Ignoring stock comp is not the same as the other non-cash expenditures and is very dishonest.
524.
by lokar 4mo ago
And they solved real, hard problems the company was facing for which there were no good external solutions.
525.
by lokar 4mo ago
He does not micromanage, but at the same time he does not tune out. He has to see what’s going on.
526.
by lokar 4mo ago
Past a certain point top talent care more about how they are treated then even more money. The top of the field can get generational wealth at a bunch of different places, why would they put up with Zuck?
527.
by lokar 4mo ago
Someone from Google can quickly enlighten us. Look up the current tenure to be at 50% in percent, for Eng. I think it was about 2 years 10ish years ago, but that was during rapid growth. Now that overall growth is down it is useful for th
528.
by lokar 4mo ago
Zuck hired him and has always been super hands on. He is responsible.
529.
by lokar 4mo ago
The problem with that argument is the failure to reasonably factor in time. If you take an expected value approach (quite reasonable in general) looking into the future you need to discount for time or everything goes to infinity.
530.
by lokar 4mo ago
Yeah, I certainly did not mean go to zero, or near that. To be more specific, I have often seen people argue for including crypto in a portfolio based on the theory that if equities drop a lot (25, 30%?) crypto will hold or go up. People m
531.
by lokar 4mo ago
I mean the original thing I replied to. The idea that it was a stable or anti-cyclical store of value emerged after it became clear the payments stuff was not working.
532.
by lokar 4mo ago
Yeah, now both the first and second rationalization have fallen.
533.
by lokar 4mo ago
That was my general impression. They did amazing work to totally change launch costs (with more on the way). But launch was a limited market. The low costs have and will grow it, and starlink will grow it, but not enough to justify this
534.
by lokar 4mo ago
How far out would you say that is? Have you sketched out the net present value calculation for an investment in spacex today based on that?
535.
by lokar 4mo ago
Most people I see online freak out at the idea of normalizing living in an apartment/condo and slightly higher density. I don’t see them lining up to live in space :)
536.
by lokar 4mo ago
Again, the original argument was that it was like gold, and provided a hedge against equities.
537.
by lokar 4mo ago
Isn’t a 50% reduction pretty bad? And being higher over 10 years has little to do with it if acts counter cyclical to stocks and other assets.
538.
by lokar 4mo ago
Do they give you the data to know? I assumed he meant that impressions had gone way down so people are not even seeing it (and why everyone begs you to subscribe and hit the bell). Of course impressions could be restricted because people
539.
by lokar 4mo ago
Which resources are cheaper to get from space? I’ve only ever seen hand waiving arguments, never any math.
540.
by lokar 4mo ago
Hasn’t it crashed in every economic downturn and financial panic so far?

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