आपदां हरणं नित्यं भयदुःखविनाशनम् ।
बटुकं भैरवं देवं नमामि करुणानिधिम् ॥
I bow to Baṭuka Bhairava, the treasure of compassion, who constantly removes misfortune and destroys fear and sorrow.
Breaking: Michael Burry exposes Oracle's accounting trick they've been using to inflate revenue
Burry claims "Oracle manufactured an extra 19% of revenue" through these steps:
1. A customer prepays Oracle $10B today for cloud capacity to be delivered 3 to 5 years from now
2. Oracle books that as an $11.9B contract liability, accreting interest at 6% over the wait
3. When Oracle finally delivers the capacity, it recognizes the full $11.9B as cloud infrastructure revenue against the original $10B
4. The extra $1.9B becomes revenue for capacity that was never used and work that was never performed
This would be bad news for $ORCL investors if true
Howard Marks did the math out loud on why the next ten years of your stock returns are already mostly decided. It is not the economy. It is not earnings. It is not the news. It is one number you paid on the day you bought.
He co-founded Oaktree, manages around 190 billion dollars, and called the 2000 tech crash and the 2008 collapse before either one arrived.
His warning has nothing to do with the headlines. It is not about a recession, an election, or a war. It is about the price on the sticker the day you buy in.
Buy the S&P 500 at 23 times earnings, and history gives one answer. Your return over the next ten years lands near zero, somewhere between plus two and minus two percent a year, almost every time it has been this expensive.
Price is not what you get. It is what caps what you can get. A great company bought at a rich price is still a poor investment, because the good news was already paid for.
That is the part nobody wants to hear at the top. The number feels boring while the crowd feels rich. And feeling rich is what makes people pay any price right before the decade of nothing.
Most people do not lose because they picked the wrong stock. They lose because they paid too much for the right one.
The market today sits near 25 times. Marks did not call a crash. He just read the sticker, and the sticker already gave the answer.
The clip is 90 seconds, free, from a man who saw the last two crashes coming. Almost nobody wants to hear it at the top, and fewer still act on it.
@Shoaib24_7@SanviSharm49500 Abe chodu nowehwr is mentioned sita age every younger sister of sita maa married simultaneous and she has 3 younger sister so by your madrasa logic 3rd younger sister of sita married at the age of 2-3 yrs .....even if this true ram was not 56 yr old baaba bsdk
@khanDj7@MuslimVoiceCell Chup mc pehle religion ke name country divide kar diya abhi secular jaisa pretend kar rah hai and baba saheb for that matter he said "Islam can never allow a true Muslim to adopt India as his motherland and regard a Hindu as his kith and kin".
@ChiggyMshah@Khara_bath@AdityaRajKaul Abey gendu stck market girr rah hai kya ki Paisa us bond pe divert ho rah hai tu jaise chutiye hi low risk se high risk me invest karnge
@Bramma_PS@Shehzad_Ind Abey chutiye every intelligence of country evn mossad is not perfect u can't track every single jihadist sabotage them ... In congress era every day there was terrorist attack tab kaha tha tu