Saved by sari
Investors Are Behaving as if the Future Has Already Happened
Successful investors will realize that technology doesn’t just breed new companies but also demands new ways of valuing them.
Adam Keesling • Intangible Assets: The Invisible Value Driver
If interest rates begin to rise or we see a post Covid-19 global slowdown, these automakers may struggle to make interest and debt repayment schedules while borrowing additional debt to fund its plans to rapidly build out their EV infrastructure and compete with Tesla. This issue raises major concerns for the survival of these traditional auto bran... See more
Tim Davies • Page not found • Holon
Two dangerous things happen when you rely too heavily on investment history as a guide to what’s going to happen next.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
What this means, in effect, is that all historical data going back just a few decades about how startups are financed is out of date. What we know about investment cycles and startup failure rates is not a deep base of history to learn from, because the way companies are funded today is such a new historical paradigm.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
When we buy a stock, we always think in terms of buying the whole enterprise because it enables us to think as businessmen rather than stock speculators. So let’s just take a company that has marvelous prospects, that is paying you nothing now where you buy it at a valuation of $500 billion…. To deliver, let’s assume that there’s only going to be a
... See more