@RandomWalkeur Very surprising because Germans like to complain that their fellow citizens only park their cash in the bank Sparbuch. You’re rightly, 80% of my portfolio is in 2 ETFs.
$AAPL is such a crazy good business. Siri is bad, nobody really uses it - but they can just sit there and wait because they own the interface between the technology and the actual physical human. They can simply adopt AI correctly at the right moment and be fine.
How can Siri still be so bad? It doesn’t make any sense. The technology is there. They have unlimited money to pay the right people…and yet…it is the single worst technology product. It is humiliating to use
Nice result from Remy Cointreau.
The inventory whip in spirits can be brutal and financial analysts often fail to understand inventory accounting in general.
In one quarter, about 15 years ago, I saw Diageo report a negative revenue quarter (implied by the dumb
@secondorderfx@BoringBiz_ It’s a good comment, but at some point you’ll likely need an off ramp for any bearer instrument to convert into a commercially viable instrument like fiat to obtain goods and services.
@groenphoenix@BoringBiz_ His portfolio is up because stocks are productive assets. Doesn’t matter if denominated in fiat or crypto or any other non productive asset.
Because equity prices reflect the net present value of all expected future cash flows, whereas trailing FCF represents historical performance over the past 12 months.
@MilesTalk@njshoreinvest Home ownership protects against landlord-initiated termination but significantly increases the cost and difficulty of moving for more common reasons: Job Relocation, Household Expansion, Relationship Status, Educational Reasons.