30x PE isn't unreal, but the E has to be real. I don't know what frame of reference 30x "forward earnings" actually means, but maybe this is common for "growth stocks".
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30x PE isn't unreal, but the E has to be real. I don't know what frame of reference 30x "forward earnings" actually means, but maybe this is common for "growth stocks".
Martin Alvito
Player Valuation: £50m
It's the notion that a growth company is not the same as a blue chip stock, and that a better point of comparison is next year's expected earnings since that's really the basis for the valuation of a blue chip. Those earnings just don't vary as much when we're discussing a blue chip, due to the mature nature of their market.
Knew that Musk was likely to move the headquarters to somewhere like Texas but not paying rent whilst there, if true, is such a deadbeat move.
And “reconsidering paying severance” when it wasn’t particularly genrous to begin with is a) being a jerk b) going to be a legal minefield.
I mean, he’s a gargantuan tit regardless of what his fortune is.
You can have lots of money and be a loser.
Personally, I would like half his money and be half a loser
tommye
Player Valuation: £120m
I used to hear as a childIm quite happy being skint and trying to be a decent human.
Priorities n that ?
Only one person was perfect and they nailed him to a cross
Absolutely, look in the mirror and like what you see.Im quite happy being skint and trying to be a decent human.
Priorities n that ?
Men like musk are born with a hole right through the center of them, and all the money and power they earn, the pain and suffering they cause will never fill it.
Martin Alvito
Player Valuation: £50m
Did he fire the entire legal team in the mass bloodletting, or just all the ones who were not 'yes' men and women?
How much is nature and how much is nurture remains an unsettled question. Changing them certainly seems nigh impossible.
Iirc fired a lot in first round including those who were part of the team that drew up the agreement that the Deleware Chancery Court was going to force him to honor.
Then he fired the deputy gc Baker over reviewing files before giving to outside journos
Musk Fires Twitter General Counsel Amid Hunter Biden Saga
James Baker was previously FBI general counsel under Director James Comey, and played a key role in probing former President Donald Trump’s ties to Russia.
And his personal lawyer that was involved has apparently recently been let go for not firing Baker
Wish I could bet on Musk representing himself in a court case within 6 months as I’d like a better bet than Everton winning a match. Exploring European laws might be a more painful lesson for him than Mars.
Martin Alvito
Player Valuation: £50m
Iirc fired a lot in first round including those who were part of the team that drew up the agreement that the Deleware Chancery Court was going to force him to honor.
Then he fired the deputy gc Baker over reviewing files before giving to outside journos
Musk Fires Twitter General Counsel Amid Hunter Biden Saga
James Baker was previously FBI general counsel under Director James Comey, and played a key role in probing former President Donald Trump’s ties to Russia.www.thedailybeast.com
And his personal lawyer that was involved has apparently recently been let go for not firing Baker
Wish I could bet on Musk representing himself in a court case within 6 months as I’d like a better bet than Everton winning a match. Exploring European laws might be a more painful lesson for him than Mars.
Social media companies in general exist in a miserable legal space right now. I would imagine those attorneys are having about as much fun as the ones in United States banking a century ago must have had.
Probably dodged a bullet by letting his personal attorney go, in the sense that there's no way the guy was qualified to coordinate the problems that company faces at the moment. Whether he hires competent advice in the space is another question, of course.
He'll eventually block all Ukrainian networks as they are mean to him. Free speech champion etc.
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