Saved by Matthew Giampetroni
Attention Required! | Cloudflare
I thought I should comment on these developments and the outlook, and the result was a memo called Nobody Knows, published four days later. I affirmed my ignorance of the future as usual, but to an even greater degree given that all prior expectations had been upended. Nobody knew – especially me – whether the spiral could be arrested.... See more
Oaktree Capital • Nobody Knows
There was nothing anyone could say they “knew,” and that included me. I was limited to gaming out my conclusions, which were as follows:
- we can’t confidently predict the end of the world,
- we’d have no idea what to do if we knew the world would end,
- the things we’d do to gird for the end of the world would be disastrous if it didn’t end, and
- most of the
Oaktree Capital • Nobody Knows
The final question is whether "TAM dreaming" can translate into dollars and cents in terms of valuation and execution. Forecasts have only one thing in common; they're all wrong. But appreciating directional size for a market can impact the equation.