tag:blogger.com,1999:blog-6485044273441682294.post4306253130268157548..comments2024-03-28T00:44:21.924-07:00Comments on Uneasy Empires: Roman candles and breached moatsJon Tsenghttp://www.blogger.com/profile/01916149961326205602noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6485044273441682294.post-27733064392104416912018-10-11T06:21:19.919-07:002018-10-11T06:21:19.919-07:00Thanks for a nice share you have given to us with ...Thanks for a nice share you have given to us with such an large collection of information. Great work you have done by sharing them to all. simply superb. <br /><br /><a href="https://www.maxwellglobalsoftware.com/amazon-web-server-aws-service-providers-in-india.php" rel="nofollow">amazon web services in india</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6485044273441682294.post-74905006542280737242012-08-17T05:53:43.688-07:002012-08-17T05:53:43.688-07:00Japan is the closet model of the future? Demograph...Japan is the closet model of the future? Demography is destiny. <br /><br />Yes, M&A is a risk. On balance though, there is (or used to be) an optimism bias built in to prices. Plus dumb money is mostly on the long side? So all else being equal, the odds may be better on the short side (this is just a guess. But surely can't be worse than long)? And who knows, one might always luck on to a black swan!Anonymoushttps://www.blogger.com/profile/12443271752994662556noreply@blogger.comtag:blogger.com,1999:blog-6485044273441682294.post-33359100375613566392012-08-17T05:22:34.314-07:002012-08-17T05:22:34.314-07:00True at the moment, although bear in mind in the l...True at the moment, although bear in mind in the long term markets tend to go up so that might not be a strategy for forever.<br /><br />Yes corporations always die (and long-term DCFs never seem to price in terminal decline. Funny that), but the problem is "the market can solvent irrational longer than you can remain solvent"!!<br /><br />As an aside what can really kills you in a short positiont (especially if you're trying to bottom pick distressed names) is when an M&A bid comes in - what if Google paid $8bn tmr for Nokia just to get its patent portfolio. (although a bid is not going to be an issue for something like Facebook for a long time, given founder's controlling stake...)Jon Tsenghttps://www.blogger.com/profile/01916149961326205602noreply@blogger.comtag:blogger.com,1999:blog-6485044273441682294.post-81947595771739792872012-08-17T05:13:14.448-07:002012-08-17T05:13:14.448-07:00Totally agree. Nice post.
Short may the way of th...Totally agree. Nice post.<br /><br />Short may the way of the future for investors. Seems safer nowadays. Sure, your loss is "unlimited" but I've never seen a stock goes to infinity! And science shows that corporations always die (google Geoffrey B. West - interesting presentations).Anonymoushttps://www.blogger.com/profile/12443271752994662556noreply@blogger.com