Glen Okun of NYU business school has written about BNPL loan portfolio weakness. The AI marketing is just an attempt to reframe the value narrative of the company before IPO. They would rather be seen as an AI company…
The author (who grew up in Poland while it was a puppet state of the USSR) offers examples literally in the same paragraph that you quoted. The full paragraph is: Russia’s expansionist policy, on the other hand,…
They may be collateralized by bonds worth even less than that. If the bonds were worth 80 cents on the dollar than they just traded 80 cents on the dollar for 99.9 cents on the dollar. A good deal if your balance sheet…
But if they are using bonds which the fed has valued at face value rather than market value as collateral then this is still effectively free money. They are only losing .1% of bond value instead of the difference…
A bond bought by a bank in the past at a lower interest rate than those offered today is worth less than those offered today. If the fed values those bonds at face value (rather than what the market would pay today) and…
There is a book about this called “The Millionaire Next Door” that may be of interest to people looking to build wealth this way.
Yep that guy, except I suggest reading his actual work instead of basing your thinking on what someone else thought he thought.
I recommend reading some of the original economic theory that undermines the “Chicago School” free market thinking of Milton Friedman and others who it seems you are so fed up with. One good place to start might be the…
What you wrote is true about the performance of the underlying businesses but not necessarily true about an investment. Stock performance (and any investment) is driven by both cost of purchase and underlying…
What others wrote was pretty much my reasoning but a bit further, over the very long run (30+ years) markets will revert to mean performance. If you have strong gains in the first half of your career then when you are…
For those of us still in the first half of our working careers, this would be a welcome development.
Got it. Yeah checks out with my personal experience. I am always surprised when I see these ex-Mck hires filling series B and C companies as well.
Can you elaborate? I would think VCs would be the last to use McKinsey.
Personal anecdote about this: My wisdom teeth grew in about 15 years ago and have sat comfortably behind my molars since. I saw a new dentist for a routine cleaning “intro package” where she suggested that I have the…
It’s possible to believe his concerns regarding indebtedness of “The West” and the state of the current debt cycle while also disagreeing with his bullish view of Chinese economic growth / dominance. This is my personal…
Where do you keep up with information like this? Do you have to work in the space or do you read certain periodicals or something else?
Hire a lawyer if you are serious. No advice here will compare. Hire a lawyer who specializes in work with venture funded startups.
While I agree with the sentiment of your comment, I do not agree that a government financed news station is in fact "just like" CNN providing favorable coverage to the current administration presumably in exchange for…
This is the right answer (at least in our case). I used to be a freelancer and now I run a 180 person development group. Our path was similar to this. In order to become the rainmaker you need to understand the problems…
Does Meta provide a guarantee that data won’t be unified between Facebook and Oculus accounts ever? If not, what is the value of this distinction beyond PR?
I’m not sure if your language was intentional but this was literally Mark’s attitude from day one. [1] 1. https://www.google.com/amp/s/www.indiatoday.in/amp/technolog...
Move to a European country and Sue there for GDPR violation.
Mine crypto and donate the money. Minimally you reduce the incentive for others to use electricity to mine more.
It depends on your risk model. We use a commercial VPN at our company because it provides a mechanism for traffic encryption for employees who might be connecting from insecure networks. Sure most sites use HTTPS but…
Highly recommend Empire if Pain about the Sacklers and how they got away with these crimes. Longer story short they piped the earnings from the opioid crisis out of company for decades and then when the net was finally…
Glen Okun of NYU business school has written about BNPL loan portfolio weakness. The AI marketing is just an attempt to reframe the value narrative of the company before IPO. They would rather be seen as an AI company…
The author (who grew up in Poland while it was a puppet state of the USSR) offers examples literally in the same paragraph that you quoted. The full paragraph is: Russia’s expansionist policy, on the other hand,…
They may be collateralized by bonds worth even less than that. If the bonds were worth 80 cents on the dollar than they just traded 80 cents on the dollar for 99.9 cents on the dollar. A good deal if your balance sheet…
But if they are using bonds which the fed has valued at face value rather than market value as collateral then this is still effectively free money. They are only losing .1% of bond value instead of the difference…
A bond bought by a bank in the past at a lower interest rate than those offered today is worth less than those offered today. If the fed values those bonds at face value (rather than what the market would pay today) and…
There is a book about this called “The Millionaire Next Door” that may be of interest to people looking to build wealth this way.
Yep that guy, except I suggest reading his actual work instead of basing your thinking on what someone else thought he thought.
I recommend reading some of the original economic theory that undermines the “Chicago School” free market thinking of Milton Friedman and others who it seems you are so fed up with. One good place to start might be the…
What you wrote is true about the performance of the underlying businesses but not necessarily true about an investment. Stock performance (and any investment) is driven by both cost of purchase and underlying…
What others wrote was pretty much my reasoning but a bit further, over the very long run (30+ years) markets will revert to mean performance. If you have strong gains in the first half of your career then when you are…
For those of us still in the first half of our working careers, this would be a welcome development.
Got it. Yeah checks out with my personal experience. I am always surprised when I see these ex-Mck hires filling series B and C companies as well.
Can you elaborate? I would think VCs would be the last to use McKinsey.
Personal anecdote about this: My wisdom teeth grew in about 15 years ago and have sat comfortably behind my molars since. I saw a new dentist for a routine cleaning “intro package” where she suggested that I have the…
It’s possible to believe his concerns regarding indebtedness of “The West” and the state of the current debt cycle while also disagreeing with his bullish view of Chinese economic growth / dominance. This is my personal…
Where do you keep up with information like this? Do you have to work in the space or do you read certain periodicals or something else?
Hire a lawyer if you are serious. No advice here will compare. Hire a lawyer who specializes in work with venture funded startups.
While I agree with the sentiment of your comment, I do not agree that a government financed news station is in fact "just like" CNN providing favorable coverage to the current administration presumably in exchange for…
This is the right answer (at least in our case). I used to be a freelancer and now I run a 180 person development group. Our path was similar to this. In order to become the rainmaker you need to understand the problems…
Does Meta provide a guarantee that data won’t be unified between Facebook and Oculus accounts ever? If not, what is the value of this distinction beyond PR?
I’m not sure if your language was intentional but this was literally Mark’s attitude from day one. [1] 1. https://www.google.com/amp/s/www.indiatoday.in/amp/technolog...
Move to a European country and Sue there for GDPR violation.
Mine crypto and donate the money. Minimally you reduce the incentive for others to use electricity to mine more.
It depends on your risk model. We use a commercial VPN at our company because it provides a mechanism for traffic encryption for employees who might be connecting from insecure networks. Sure most sites use HTTPS but…
Highly recommend Empire if Pain about the Sacklers and how they got away with these crimes. Longer story short they piped the earnings from the opioid crisis out of company for decades and then when the net was finally…