Sam Bankman-Fried Described Yield Farming and Left Matt Levine Stunned

Post by adam_arthur » Mon, May 23, 2022, 3:03 PM UTC

CTDOCodebases wrote: post #87

adam_arthur wrote: post #53

Earlier quoted context omitted.

Owning a share of Amazon gives you rights to future dividends, which in theory can be high if they continue to grow EPS. If I promise to pay you $100 10 years from now, is that agreement worthless because you didn't get it today? No you discount the time factor into current value. The people who got wiped out on growth tech don't understand this concept

I understand it. It's just that there is a lot of uncertainty. Ultimately I think that different people value things differently. To some people something is worth what someone is willing to pay them for it at the current moment. To others it's worth whatever it is in the story they have concocted in their head.

Post by CTDOCodebases » Tue, May 24, 2022, 6:55 AM UTC

s1artibartfast wrote: post #92

CTDOCodebases wrote: post #89

Earlier quoted context omitted.

> Stock buybacks are one way that is theoretically equivalent to dividends. I replied elsewhere but this is the true value of something. What someone else is willing to pay for it. > Also, amazon has underlying assets worth 420 billion I always struggle with these valuations because like I said above the true value of something is what someone else will pay for it so I think they are an estimation at best. I guess co…

>I always struggle with these valuations because like I said above the true value of something is what someone else will pay for it so I think they are an estimation at best. This is true of anything. I own a used car, it is an asset, and has an estimated value that will only be verified/or disproven if I need to go through with selling it. If a company is liquidated, share holders are indeed behind creditors in gett…