prklmn

20 ms·

151.
by prklmn 9y ago
It’s reasonable because that how land ownership works. It appears that perhaps you are not in favor of the principals that come along with land ownership, like zoning. Put yourself in the position of a landowner. You buy a house (the larges
152.
by prklmn 9y ago
It’s all relative. You own a cheaper house now so if prices went down your absolute loss in selling would be less than someone who sells a house that’s worth let’s say 10x more than yours, maybe the next house you want to buy. Also, not eve
153.
by prklmn 9y ago
We all need shelter - I cannot argue with that. However, we all don’t need shelter in the Bay Area. There is a great sense of entitlement in thinking that anyone should be able to move to any city they so choose and live comfortably. Pick a
154.
by prklmn 9y ago
Don’t confuse yourself - YOU don’t see it as an unjust assault, not “people.” The 64% of Americans who do own a home would say otherwise. Also, houses are not like stock, nobody lives in stock.
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by prklmn 9y ago
You should touch up on your history.
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by prklmn 9y ago
I was referring to both because EPS is wrapped up into P/E... P/E = stock price / (earnings / # of shares oustanding) And it actually does matter because a company can steadily grow EPS while not growing revenue meaning
157.
by prklmn 9y ago
It's also very common now for companies to buy back a ton of stock thus lowering the share denominator in the earnings portion of the ratio, while not actually growing revenue much if at all.
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by prklmn 9y ago
P/E is without a doubt meaningful, and looking at it in the context of growth i.e. PEG, makes it even more meaningful. Amazon is selling at an objectively absurd PEG ratio of 5. Anything over 2 is fundamentally considered overvalued by
159.
by prklmn 9y ago
The difference is that the companies you listed have very high free cash flow. Tesla on the other hand is free cash flow negative. https://www.investopedia.com/terms/f/freecashflow.asp
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by prklmn 9y ago
>>But they do care most about making money from the public and no one has convinced me that filtering internet packages by website makes any technical, marketing, or business model sense at all. Charge internet companies for access to
161.
by prklmn 9y ago
I think that your thinking is too shortsighted. Autonomous driving, if it's going to be as rosy as you and I both think, is going to be what kills much of the auto insurance industry. What we have now are more serious and more frequent
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by prklmn 9y ago
It's still an absurd comparison. I'd venture to guess that the average combine is driven in a straight line at a set speed at least 95% of the time it's being used.
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by prklmn 9y ago
"Furthermore, I can't see around trucks in front of me without pulling halfway into another lane."
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by prklmn 9y ago
Are you comparing a semi truck driven at 70 mph in between two lanes of traffic to a piece of farm equipment that maxes out at 15mph and is typically driven without another vehicle in sight?
165.
by prklmn 9y ago
~$520 billion as of Friday. Aside from international expansion, the difference between Facebook and MySpace is that Facebook has made and will in all likelihood continue to make a lot of money, actual profit measurable with GAAP. Snapchat w
166.
by prklmn 9y ago
Not only will things break, but they'll also be a pain to use. People will hate doing simple things in their car, and this will make them like the car much less.
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by prklmn 9y ago
https://twitter.com/MgtowExpat/status/927593680277348352
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by prklmn 9y ago
No, not obviously. Why isn't it banned in every country that's not a US ally? Just China...
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by prklmn 9y ago
Broadcom just announced yesterday that they are moving their legal corporate HQ back to the US. I wonder if that has anything to do with this news.
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by prklmn 9y ago
The difference is that Amazon treats their drivers like garbage http://www.latimes.com/business/la-fi-amazon-drivers-2016121... UPS and Fedex pay drivers enough to care.
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by prklmn 9y ago
> Let's say you sue for an entire year's worth of crops and you win. Then you win the appeal. And you win the appeal of the appeal. All the way up the chain. For 10 years, you win on every level. Herein lies the beauty of a cla
172.
by prklmn 9y ago
Potentially. But now more than ever, companies with little to no revenue growth don't know how to boost earnings aside from cutting costs.
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by prklmn 9y ago
We have that now, it's called the Veteran's Association (VA). It's kind of a mess.
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by prklmn 9y ago
This hits at the overlying issue...you are not trusting Amazon with access to your home, you are implicitly trusting the person working for Amazon, oh who by the way may not be making a liveable wage, with access to your home.
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by prklmn 9y ago
Many people live in houses where anyone can walk up to your front door and steal what's in front of it. The delivery is not hard, it's what comes next that's the challenge.
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by prklmn 9y ago
Here’s one, you buy a Mac and use it for 5 years with all your Mac software you bought and then you decide to switch to a pc. None of the software can be used on the pc, and you have to buy it all again for the new machine. Consumer hates i
177.
by prklmn 9y ago
Maybe the situation is more analogous to joining Costco or Sam's Club where you pay a membership fee, i.e. buying the phone. Your point about losing all your purchases is a good one. I guess you could say you still own your purchases a
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by prklmn 9y ago
I look at in in the context of physical goods. Grocery stores processs their private label meats. The grocery store also sells name brand meats but those brands have to pay for shelf space. The meat is exactly the same, just processed by tw
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by prklmn 9y ago
> I am considerably safer putting my presale funds into a product of an established company as they are more likely to honor the arrangement. They can’t just go belly up and move on to the next big thing. Sure, compared to an unestablish
180.
by prklmn 9y ago
> who knows his things (well, when it comes to these things, at least). I’d venture to guess that half the people buying MDMA-less molly would say the same thing. If your friend isn’t sitting in the lab while it’s being made or not doing

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