Saledovil

joined 1 year ago
[–] Saledovil@sh.itjust.works 1 points 18 hours ago

So, in the post you're replying to, it's laid out how insurance wouldn't work, and your reply is "Have you considered insurance?"

[–] Saledovil@sh.itjust.works 1 points 2 days ago

Well, given time, prices will move to where the businesses make the most profit. If relationship between price and demand is linear, then an increase in expenses will move the ideal price point by half as much.

[–] Saledovil@sh.itjust.works 2 points 2 days ago

Assuming a linear relationship between price and demand, then if you increase the cost of product, the price where the most profit is generated moves by half of this amount.

[–] Saledovil@sh.itjust.works 2 points 2 days ago

I suppose that's true. But it just bothers me when people talk about the market cap like it's an amount of money that exists somewhere, instead of being an abstract valuation.

[–] Saledovil@sh.itjust.works 1 points 2 days ago (2 children)

Looking at a different example, Ford's market cap is $42.61e9, and its revenue is $47.81e9, while the profit is $1.83e9, 20 times of which is $36.6e9. If we average both of them we get $42.205e9. So Ford seems to have about the right valuation.

[–] Saledovil@sh.itjust.works 6 points 3 days ago (4 children)

Market Cap of a company is sort of a meaningless number. As in, it's shares in existence times price per share, which is just another way of saying its the share price. If somebody were to sell $100 Billion worth of Tesla shares, the market price would plummet and he'd not get the $100 Billion the shares were originally worth.

Of course, a rule of thumb is that a company is worth 20 times it's annual profit, or its revenue. So, by that valuation, Tesla is worth 28 Billion dollars, or 25.5 Billion dollars if we go by revenue. (I'm surprised that both approaches lead to results so close to each other) Compare with a market cap of 682,47 billion, we can see that Tesla is ridiculously overvalued. So, I guess you should go and buy puts on Tesla. Or sell your shares if you have any.

[–] Saledovil@sh.itjust.works 1 points 4 days ago

How so? Can you list some examples of upvoted things that are wildly wrong?

[–] Saledovil@sh.itjust.works 1 points 6 days ago

I'd say it could go either way. You could publish a positive piece on a company and then buy stock in them. They can make a profit whether their research turns out positive or negative. This would however give them an incentive to sensationalize their results, to exaggerate their findings, be they positive or negative.

[–] Saledovil@sh.itjust.works 5 points 1 week ago

GRUB works so well that the average Linux user likely never has to think about its inner workings. Even installing Linux has become extremely easy, like unless you use something like Arch Linux. So, its actually quite likely that somebody who writes a program that runs bash commands would not now how to maintain GRUB.

[–] Saledovil@sh.itjust.works 3 points 2 weeks ago

4 hours in, can still read it. Agree with your assessment, too.

[–] Saledovil@sh.itjust.works 2 points 2 weeks ago

That's a quite thorough debunk. Can you provide some sources for your claims?

[–] Saledovil@sh.itjust.works 73 points 2 weeks ago (7 children)

It's sort of a strange approach, because this will leave you with the workers who can't find employment elsewhere.

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