When a P/E ratio is particularly high, it means investors have strong confidence in your company’s future profitability — or at the very least, they believe more investors are willing to come in and take over.
Capital Favors Expectations Over Current Reality
You can be flawless and still be outperformed or outlucked
Where capital concentrates, genius does too. So many brilliant minds crammed into that tiny peak, all balancing on one leg—someone’s bound to lose their footing and fall.
If you can’t handle it, just walk down the mountain. The lower you go, the wider it gets, and the more space means more stability.
Though, of course, the further down you go, the more ordinary it becomes.
Why Being Right Online Is Cheap
The cheapest thing on the internet is being right. You can be as right as you want—it’s just talk, after all. #ReadingNotes
When repayment isn’t the goal, financing cost becomes irrelevant
Two Types of People: Those Who Live Day to Day, Those Who Chase the Future
There are two kinds of people in this world: those who simply get by, and those who live purposefully.
One group counts on their fingers whether they own a home, whether they can gain something from others, or whether they'll end up being taken advantage of.
The other group asks themselves: what kind of life can I experience? #readingnotes
Why Investors Snag Your Dream Home
A dimensionality-reduction strike means your needs aren't others' needs. In the marriage market, the finest cabbages get hogged by pigs—precisely because those pigs never thought about committing for life.
The packaging is a steal, far below net asset value
When you’re the seller, what should you do?
Pack up your soft power as much as possible. Use sweet talk. Learn to flatter the other party.
Because packaging is cheap, way cheaper than net worth. #ReadingNotes