valuearb

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181.
by valuearb 6y ago
These people chose a job that offered a career path to become super wealthy. These hours are the price for their shot at massive riches.
182.
by valuearb 6y ago
What do they do that’s immoral?
183.
by valuearb 6y ago
1) yes he was second in command got 4 years, and in total control for two more, how is that not give him huge influence on the banks capital structure? 2) So for 6 years he could have had his team chase bigger profits like Wachovia, Bear St
184.
by valuearb 6y ago
They would be better off paying the taxes. Making chips isn’t a tax dodge, it’s a hugely expensive many year commitment.
185.
by valuearb 6y ago
To a man carrying an axe, everything is a tree.
186.
by valuearb 6y ago
Designing chips isn’t capital intensive, making them is.
187.
by valuearb 6y ago
1) Jamie Dimon had been COO for four years, and CEO for over two years, if he wasn’t responsible for the banks capital position, who was? 2) if JP Morgan Chase wasn’t as exposed to the MBS meltdown as other banks, how is that not to his cr
188.
by valuearb 6y ago
I’m not sure what you mean, his bank was the strongest and most highly capitalized during 2008. He famously had to be brow beaten into accepting federal bailout money. And brilliant doesn’t mean perfect. he’s had his share of mistakes, but
189.
by valuearb 6y ago
Jamie Dimon has a reputation for brilliance. His Bitcoin comments were spot on, people criticizing them don’t understand the regulations banks live under. BTC may be great, but it has no intrinsic value and trading it is pure speculation.
190.
by valuearb 6y ago
Do you understand the difference between brokering trades for clients, and what you allow employees to trade using the banks capital? There are all sorts of arbitrage and correlation trades to be made in bonds, stocks and similar securitie
191.
by valuearb 6y ago
The book or the movie? Because the book was very well researched, and the film was a very accurate summation of the book.
192.
by valuearb 6y ago
Stagflation.
193.
by valuearb 6y ago
As a hedge against inflection and higher interest rates. Oh, wait, I thought the title was “Why would you short bonds”
194.
by valuearb 6y ago
Are they in hockey stick revenue growth, or is growth slowing like it does for 90% of startups? How large is their total addressable market anyways? Seems like a super niche product. One thing I could have been clearer on is that private v
195.
by valuearb 6y ago
My raspberry pi does 9 hours.
196.
by valuearb 6y ago
This is why you don’t keep hitting the submit button...
197.
by valuearb 6y ago
Amazon stock price dropped over 90% in 18 months after March, 2000. There is no excuse for not doing basic valuation estimates, it can save you from these collapses. You can still love Amazon’s business on 2000, but not overpay for it, just
198.
by valuearb 6y ago
To invest successfully you don’t pay a high price saying “well there are worse companies at worse prices out there”. Valuations are always determined by the NPV of future earnings, discounted for time and cost of money. Given rising interes
199.
by valuearb 6y ago
30x revenues is a marker for an excellent short position. Revenue growth always slows and almost never justifies such ridiculous valuations.
200.
by valuearb 6y ago
And that’s worth $140m in revenues. Not enormous at all.
201.
by valuearb 6y ago
Slacks price was even more ridiculous. It’s lucky it was able to get acquired before this bubble bursts.
202.
by valuearb 6y ago
It’s a bubble not a sector. This ends like 2000 ended.
203.
by valuearb 6y ago
Virtually all of the companies trading north of 30x sales are ridiculously overpriced. It’s just a bubble, don’t allow it to distort what long term values really are. Amazon and Cisco were similarly overvalued in 2000. It took Amazon 7 year
204.
by valuearb 6y ago
Those are P/Es, not P/S. If Zapier nets 25% after taxes, it’s valuation is 150x earnings. And Shopify, Square and Tesla’s valuations are even more absurd.
205.
by valuearb 6y ago
$5B is a pretty ridiculous valuation for a $140M revenues company.
206.
by valuearb 6y ago
When someone is a habitual line stepper there is always another line they stepped over.
207.
by valuearb 6y ago
Knowing the specifics matters. The Thiokol SRB design wasn’t safe in very cold weather, and the Challenger launch was on the coldest weather ever attempted. That’s why the warnings for this flight.
208.
by valuearb 6y ago
NASA leadership escaped consequences for designing a ridiculously unsafe launch system, and playing politics to choose their 4th rated SRB design to get Utah’s congressional vote.
209.
by valuearb 6y ago
if it doesn't come with an ISDA, I'm not interested. "JP Morgan Employee : But, uh... you guys are under the capital requirements for an ISDA. Charlie Geller : By how much? JP Morgan Employee : [thinking] Uh... how much? One
210.
by valuearb 6y ago
Were they really ever together? Did they actually even exist?

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