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Dropbox Is Getting Ready for IPO

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Re: Dropbox Is Getting Ready for IPO

#191
post #83

Earlier quoted context omitted.

So this is interesting. You may feel closer to people you haven't seen for a while when they are always "with" you on Snapchat -- I have certainly experienced that with people I don't talk to often or people who live on another continent. But then again, I can't shake the feeling that this is more about fun than really being close. I remember having close friends in high school and at the university. We spent many ho…

> But then again, I can't shake the feeling that this is more about fun than really being close. I remember having close friends in high school and at the university. We spent many hours a day together for several years. Can't fake that, and I doubt anything like that will be born through Snapchat or similar tools. I've got a whole bunch of friends whom I know mainly from online interaction. Surely that's a new class…

Try going offline for 2-3 months and see what happens. See how many of those people are real friends who call/email you, or even try to message you through your social media venue of choice.

My recent experience going cold turkey from Facebook revealed 1 friend who noticed my absence and reached out to me.

Re: Dropbox Is Getting Ready for IPO

#192

Earlier quoted context omitted.

We are all hoping to flip our investments in the equities market; no one is holding forever. Unless you intend to die and pass your ownership interest to heirs.

Buffett's favorite holding period is forever. Cuban points out that non-dividend stocks aren't much more than baseball cards. Kiyosaki argues that the reason people suffer financially is that they purchase liabilities and list them under the asset column. The difference between investing and speculating is whether you get paid for owning it or only for finding a greater fool to relieve you of it. The wheels have come…

Cuban doesn't know anything about public market investing. But what do I know, I've just worked at a hedge fund for most of my career.

Buffett holds LT due to tax deferral benefits conferred by the US tax system. If there were no capital gains taxes he'd be a different animal.

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