91–94 of 94 posts
At Google, for reference
Irrespective of the real reason, I don't buy the argument that these companies are preempting a recession. Facebook, Amazon, Alphabet, Apple, Microsoft have an insane volume of cash reserves to the tune of hundreds of billions each company. Unless their are predicting a decade long crisis there is no way this is the real reason staff is getting trimmed, feels more like an excuse rather than a justificatíon at this po…
Good talent is hard to hire. These company have more cash than brains or ideas. So even if there's a recession, a few months/quarters means nothing considering their war chest. And it's not worth firing people in January if you need them again in October.
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Are we just looking at one year now? Shares of google have doubled in the past five years.
> Shares of google have doubled in the past five years Doesn't matter. Investors care about the next quarter.
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> Shares of google have doubled in the past five years Doesn't matter. Investors care about the next quarter.
Short term possibly foolish investors are about the next quarter. Long term investors consider far more than just the next, easily manipulable quarter.