Travis Kalanick Is Exiting His Uber Holdings Uber Quickly

Post by tim333 » Tue, Dec 17, 2019, 5:24 AM UTC

stevehawk wrote: post #80

ralph84 wrote: post #40

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Every unprofitable growth company says they’re doing it “by choice”. And every unprofitable growth company burns investor dollars (where else would the dollars come from?). During Amazon’s unprofitable years many people were saying the exact same things about Amazon that people say about Uber now. Of course that doesn’t mean every unprofitable growth company is Amazon, but Amazon’s success means companies won’t stop…

Except Amazon was cash flow positive but "not profitable" because it was heavily reinvesting in itself. It was making shareholders mad because they wanted that cash back as dividends. Uber is not cash flow positive and not investing in itself near the scale Amazon was, assuming that we are not counting heavily subsidized rides as self investment.

Post by erikpukinskis » Tue, Dec 17, 2019, 6:04 AM UTC

martin_bech wrote: post #170

jacquesm wrote: post #149

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I love to make my own decisions about my safety. That's a ridiculous. Does the state compensate those who 'for their own safety' were disadvantaged?

This is for pensions only, If you want to do stocks on your own, you can do whatever, and even leverage the f out of it. But I actually think this is fine for pensions.

Post by ram_rar » Tue, Dec 17, 2019, 6:32 AM UTC

manigandham wrote: post #180

cVwEq wrote: post #98

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As an aside to the parent poster, an often-stated guideline for the maximum amount you should own in the companies you work for is 10% of your portfolio value [1][2]. Modern portfolio theory (Markowitz, et. al.) calculations for a bundle of assets probably would bear out that 20% in a single stock is not on the efficient frontier [3]. [1] https://www.marketwatch.com/story/dont-invest-in-your-compan... [2] https://www…

Diversification is for people who have no idea what they're investing in. Portfolio theory is spray/pray with no information which is what VCs do with unestablished startups, hoping for the wins to beat the losses. If you want to be that passive then just buy an ETF or all the large-cap blue-chip dividend stocks instead to keep it simple. Investment funds with a real thesis and research don't do this. Concentrated po…

Post by [deleted] » Tue, Dec 17, 2019, 7:31 AM UTC

fastball wrote: post #116

jjeaff wrote: post #94

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$100m can very comfortably afford a private jet. Maybe not a brand new G6, but a small to mid size jet could be comfortably purchased and maintained while barely spending more than the market appreciation of that $100m.

A new mid-size jet will run you $10-20M. Pilots and maintenance will cost you $1M+ per year. Depending on how much you use it, that could be significantly more. Spending 10-20% of your net worth on a vehicle up front + 1% pa going forward is not "comfortably afford". If my net worth was $2M, I would not say that I could comfortably afford a lambo.

Post by dep_b » Tue, Dec 17, 2019, 8:54 AM UTC