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Liberty

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Everything posted by Liberty

  1. https://www.theguardian.com/news/2018/sep/27/this-guy-doesnt-know-anything-the-inside-story-of-trumps-shambolic-transition-team
  2. https://stratechery.com/2018/whatsapp-founder-speaks-eu-deception-facebook-ideology/
  3. https://www.wsj.com/articles/how-china-systematically-pries-technology-from-u-s-companies-1537972066 Good piece on some of the tactics used in China to get IP.
  4. GE: -15% CAGR over the past 5 years Not bad, but amateur hour compared to SHLD at -55% CAGR over 5 years...
  5. https://instagram-press.com/blog/2018/09/24/statement-from-kevin-systrom-instagram-co-founder-and-ceo/ Ben Thompson on this: https://stratechery.com/2018/instagrams-ceo/
  6. http://austinmann.com/trek/iphone-xs-camera-review-zanzibar
  7. http://investor.siriusxm.com/investor-overview/press-releases/press-release-details/2018/SiriusXM-to-Acquire-Pandora-Creating-Worlds-Largest-Audio-Entertainment-Company/default.aspx
  8. https://wondurrrrboy.wordpress.com/2018/09/24/an-update-on-jd-com/ https://www.reuters.com/article/us-jd-com-ceo-insight/the-night-a-chinese-billionaire-was-accused-of-rape-in-minnesota-idUSKCN1M40EQ
  9. $50m at the parent, info from the CFO. Operating group can each set their thresholds.
  10. Nice. Two of my questions have been answered. I though it was a very nice Q&A. I like when he goes in-depth in his answers, makes the loss of the yearly letters and conference calls less painful...
  11. Volaris acquisition: https://globenewswire.com/news-release/2018/09/20/1574017/0/en/Volaris-Group-Welcomes-Helm-Operations-to-Marine-Vertical.html
  12. https://www.pymnts.com/amazon/2018/acquisition-india-grocery-chain-more-samara-capital/
  13. "Prosecutors are weighing whether to bring charges against Chinese businessman Richard Liu after the Minneapolis Police Department turned over the findings of its initial investigation" https://www.reuters.com/article/us-jd-com-ceo/minneapolis-prosecutors-weighing-evidence-in-jd-com-ceo-case-idUSKCN1M02EF
  14. Crypto traders (those who still have any money left) looking for a new exciting ride to jump into...
  15. At least they haven't lost their touch when it comes to crash safety: https://electrek.co/2018/09/20/tesla-model-3-5-star-safety-rating-nhtsa/ "perfect 5-star safety rating in every category."
  16. Do I have to read a book to find that out about Trump? And wait a minute there is another person who thinks in those terms about Trade, and trade deficit is like living on credit card - Warren Buffett. Buffett re-iterated this in a recent CNBC interview: https://www.cnbc.com/2018/05/07/full-transcript-billionaire-investor-warren-buffett-speaks-with-cnbcs-becky-quick-on-squawk-box-today.html WARREN BUFFETT: I think it was in 2003, Joe, I wrote an article for Fortune actually about the trade deficit. I was worried about it getting too large then. Because, again, it was getting to be 3% or so of GDP. It-- wasn't specific to China at all. But it was just a question of how wise it is to let the trade deficit grow larger and larger. Because when you run-- when you are in effect buying more from other countries than they're buying from you, you are handing them investment funds. I mean, it's the nature. You give 'em little pieces of paper, and they can convert that into buying-- they can buy government bonds. They can buy buildings here. And-- Japanese bought Pebble Beach in the 1980s when they were running a big-- surplus. I mean, so you are giving up claim checks on our country essentially in exchange for having more consumption now than you're producing in this country. And so I do think that there's levels of trade deficit that bother me. I had some system that did not make it country specific. But I think-- the world has gotten better and better. And there's no question that-- that countries may try and take advantage in this or that. And-- we've actually been guilty of that sometimes in the past, too. I don't think leaders in other countries, whether China or 100 other countries, are not smart enough-- to realize that it's in the interest to keep promoting trade. The more we trade over time. And-- we don't want it to be a question of where we important 20% of our GDP and we export nothing. Now, we could all quick working, and we could hand little pieces of paper to the rest of the world, and they could keep sending us food. And they can send us autos. And they can send us all kinds of things. But eventually they have claims on all our wealth. So-- we do want to have policies where the overall trade deficit does not get out of hand in relation to GDP. And I've been arguing that for a long, long time. (Emphasis in bold added) I think you have to be sure, because a lot of people think he's just using rhetoric to negotiate but he actually understands the benefits of trade and wants more free trade, while the behind the scene discussions he's had show that he doesn't and he thinks that trade is a zero sum game and hurts the US. But anyway, the book is about a lot more than that, so even if that was obvious to you, it can still be worth reading. People read a CNBC piece somewhere and think they got all that was to get out of it, but that's stupid, that's like taking any book that you really like and thinking that reading a summary somewhere is equivalent to reading the book. Buffett and Trump aren't saying the same thing. They're not even in the same universe in their thinking about finance and economics.
  17. https://www.cnbc.com/2018/09/19/jack-ma-alibaba-is-no-longer-planning-to-create-1-million-us-jobs.html
  18. https://www.cnbc.com/2018/09/19/amazon-is-reportedly-planning-up-to-3000-cashierless-stores-by-2021.html "Amazon is reportedly considering opening 3,000 of its cashierless stores by 2021, Bloomberg said on Wednesday."
  19. This is some scary dystopian stuff: http://www.abc.net.au/news/2018-09-18/china-social-credit-a-model-citizen-in-a-digital-dictatorship/10200278 "China is building a digital dictatorship to exert control over its 1.4 billion citizens. For some, “social credit” will bring privileges — for others, punishment."
  20. Charter and Comcast have access to MVNO from Verizon because of a 2011 deal: https://www.fiercewireless.com/wireless/charter-ceo-now-we-own-twc-we-can-use-verizon-mvno-deal-to-offer-nationwide-wireless
  21. Don't rip it though. Then they'll all go "at least read the book first. It's got some real sources!" LOL Partisan hacks getting rich off Trump. Only joke is on the people paying for this nonsense. I have no interest in reading about Trump's small dick. If you can't tell the difference between a Pulitzer-winning journalist ("recipient of nearly every major American journalism award, including the Heywood Broun award (1972), Worth Bingham Prize for Investigative Reporting (1972 and 1986), Sigma Delta Chi Award (1973), George Polk Award (1972), William Allen White Medal (2000), and the Gerald R. Ford Prize for Reporting on the Presidency (2002). In 2012, Colby College presented Woodward with the Elijah Parish Lovejoy Award for courageous journalism as well as an honorary doctorate. Also the Walter Cronkite Award for Excellence in Journalism") who broke Watergate and wrote about 7 presidents, known for his deep sourcing inside political organizations, and random hacks, the problem is with you, not with me. You guys act like you actually know how Trump is and it's everybody else who's mistaken. What are you basing that on? Oh, you've read his twitter? Seen him at a rally or on the news? What the FOX News pundits say? You watched the Apprentice? You realize that this is all the "I'm projecting some image" public relations stuff, right? The real him comes from people who've actually known him and worked with him behind closed doors over the years, from his actions, and those people don't paint a very flattering portrait (and it's not some conspiracy, since the portrait is pretty consistent coming from unrelated people from all sides of the aisle over many years, from his business days to his political days). I suppose that since he's the flag-bearer of "your side" you can ignore all that and just pretend he's how you want him to be, but that's just lying to yourself. And yes, I've been interested by various US presidents over time, as well as other historically-important figures, for positive and negative reasons. Maybe you guys would benefit from reading books and learning a few things (I suggest you start with Washington, Chernow has a good one) rather than just being partisan sheeps who whine about things you haven't read to people who never mentioned you. You guys are like Beavis and Butthead making sarcastic comments at the back of the class, not exactly adding value or coming off well.
  22. Starting operations in Turkey in 15 categories: https://www.reuters.com/article/us-amazon-com-turkey/amazon-launches-in-turkey-idUSKCN1LZ0GL Also, on the ad business: https://www.axios.com/amazon-becoming-3rd-biggest-digital-ad-platform-37338b9c-54f5-42cd-b081-79698e89f559.html Also, EU probe: https://www.ft.com/content/a8c78888-bc0f-11e8-8274-55b72926558f
  23. https://virtualmarkets.ag.ny.gov/
  24. https://www.bloomberg.com/news/articles/2018-09-18/visa-mastercard-reach-6-2-billion-settlement-over-swipe-fees
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