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Vandalayind

12/17/21 8:14 AM

#349946 RE: NewYorker567 #349944

I imagine your friend used to have a lot more money in bonds.
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Vandalayind

12/17/21 8:16 AM

#349947 RE: NewYorker567 #349944

No one becomes an 80 Millionaire paying 2-3x more for something than someone did a year or two ago. They become an 80 Millionaire by selling it fir 2-3x as much as they paid for it.
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Vandalayind

12/17/21 8:18 AM

#349948 RE: NewYorker567 #349944

When rulers inevitably bend and break...valuation will be the hot topic.

It's starting already.
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Vandalayind

12/17/21 8:22 AM

#349950 RE: NewYorker567 #349944

EBITDA and price to sales will be laughable.

Owning an APP company who's debt squashes its tiny earnings will become an obvious no no.

Buy now pay later getting squashed as we speak.