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dsdsfaa
searching Neon…
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by
dsdsfaa
4mo ago
Cut the crap. The value of the firm's operating assets = EBIT(1-t) - Reinvestment You (Anthropic) want that sky-high valuation? Accept reinvestment is part of the equation. If they decide to stop reinvesting, then they are as good as d
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by
dsdsfaa
4mo ago
and to make matters worse, they are massively over-valued. Whoever buys the stock at a richly priced 1tn at ipo is a bozo lmao. I know I know, index funds will be forced to hold it bypassing the 1 year rule. Disaster already.