Ambiguity Drives Google's Valuation
BreadMan writes "The Economist has an article about how Google uses its amorphous positioning to gain investor interest. At the current valuation (the P/E is north of 110) this is a winning formula, but the article questions the long-term soundness. The reporter was chagrined that the last press tour focused more on the CFO (Chief Food Officer) and the monthly pasta consumption (500 lbs) than products or financial performance of the company."
Ambiguity is being internally contradictory or open to multiple different interpretations. This article doesn't seem to be pointing to Google being possibly good and evil at the same time (like Ben & Jerry's). Instead it is saying that Google is highly secretive and no clear picture can be made, much less contradictory ones.
1... 2... 3... 3?!?! WHAT?!
Very nice. I like how you think.
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