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S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

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331–340 of 378 posts

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#331
post #242

Earlier quoted context omitted.

what if you buy on the day of the crash only to discover that was day one of a year long crash?

Then he's beating those who held right before crash number 1, right?

Depends on what he left on the table sitting on cash in the run up first

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#332

Earlier quoted context omitted.

Run your years-old VirtualBox images? If I were to guess; maybe QEMU does that too.

The qemu-img(1) installed on my system claims that it supports every disk format supported by Virtualbox [0], so I guess the only thing left would be to be able to handle the "machine definition" file. qemu definitely won't do that out of the box, so, yeah, VirtualBox is better than qemu there. But I bet there's a fancy-pants GUI out there that has an import wizard that will handle that for you. [0] https://www.virtu…

Regardless of how suitable qemu is for Vbox users, it's unmatched for batch uses, like as something part of a distro build chain to allow non-cross-compilable packages to be built for ARM on x86-64 and such. And ... to interactively step into cross-compiled sysroots.

Vbox has the desktop experience. The "guest integration" stuff and whatnot. If you've used it for years, familiarity.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#334
post #175

Earlier quoted context omitted.

Enterprise companies typically don’t just add credit card forms, they push you through a sales process and don’t care much for small accounts.

For automated cloud computing services they do.

Microsoft pretends they do this with Azure where they'll let you signup with a credit card but anyone who has used Azure knows that the web admin is absolutely terrible and almost always requires speaking to a disinterested human to set it up properly.

I'm skeptical Oracle fits into the wider SaaS business category vs enterprise sales.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#335

Earlier quoted context omitted.

The UK empire is considered by many to have ended in 1947 with the independence of India. Others say it was finally finished in 1997 with Hong Kong. Either way the UK is still around and while things aren't rosy, they still trudge along and will continue to do so. Meanwhile the US's "supposed upcoming ending" puts them in a better position than the UK was in many different categories. It still has massive resources,…

Obviously the UK didn't vanish in a puff of smoke and nor will the US. America doesn't cease to exist it is just gradually ceasing to matter as I said.

I guess I didn't explain it clearly enough. For the US to stop mattering some other big guy will have to start mattering. I just don't see any country really taking on that mantle anytime soon. Maybe we are in a global decline and the only goal for the two big gorillas in the world is to outlast the other and only after that worry about what comes next.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#336

Earlier quoted context omitted.

> Market signals on an impending AI bust are broader than just Oracle’s woes. It's worse than that - I believe that Oracle is one of the (many) companies right now that, if their AI experimentation fails, will stop the music, and everyone will be running for a chair. Oracle is one of a few foundational components in the circular-investing group of AI companies. If they fail to make their commitments they're the first…

What's the best way to hedge against this, considering many of us have significant savings in the market? A few puts on SPY dated a year or two out?

Bogleheads would say to stick to a three headed portfolio, maybe a bit more biased towards bonds. So that's what I'm doing.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#337

Earlier quoted context omitted.

When we tried to do a pilot with their cloud we couldn't even sign-up. None of the corporate credit cards were accepted. In addition to that the form basically only worked in Edge. We emailed support, they changed something on the backend. It still did not work. We gave up. In retrospective that was a very clear warning sign that their priorities were misguided. I'm glad we did not waste any further time and effort o…

Oracle Cloud sometimes feels like an elaborate prank that I'm not in on. I know people and companies on AWS (obviously), Azure, Google Cloud, Hetzner, CloudFlare's various PaaS offerings, etc., but I can't name a single thing running on Oracle Cloud. Somebody out there is clearly using but I'll be damned if I know who it is.

Zoom ran on OCI some time ago; not sure if they still do. (They got a shitload of free credits iirc)

Many companies use OCI for their Oracle DBs, as I believe they get some sort of discount when run this way.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#338
post #334

Earlier quoted context omitted.

For automated cloud computing services they do.

Microsoft pretends they do this with Azure where they'll let you signup with a credit card but anyone who has used Azure knows that the web admin is absolutely terrible and almost always requires speaking to a disinterested human to set it up properly. I'm skeptical Oracle fits into the wider SaaS business category vs enterprise sales.

I've spun up Azure accounts with a cc several times fwiw

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#339
post #126

Earlier quoted context omitted.

he is correct on most counts and for the rest I lack the competence to vouch for or denounce his research. a rare sight!

I like his work. I think he is wrong when he says AI is useless. I agree that it's far from being as useful as assholes like Amodei claim it is, but it clearly has use cases. Then again, that is the weak part of Zitron's argument, and laughably the only thing his critics like to engage. When he brings up the bonkers economics of AI, and how absolutely unsustainable it is, his arguments are very solid. I am still to s…

I don't think Zitron's argument is that AI is useless so much as that AI in it's current form is unsustainable and maligned with what's good for society long-term (which I agree with).

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#340

Earlier quoted context omitted.

> Protection from downside risk on your S&P500 investments may cost 20-30% of your investment What? Absolutely not.

What did you buy and for how much?

You would buy puts. How much to spend is really up to you, but you can definitely get meaningful downside protection for much much less than that.
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