What exactly is the "true value of the stock"? If your answer has anything to do with the future (future revenue, future earnings, etc.), please explain how you're able to know the "true value" of anything which has yet to happen.
This is an excellent point. No healthy public companies are trading wholly on their intrinsic value.
The intrinsic value (this is hardly the proper GAAP term, so I'm defining it briefly here) would be taking all of XYZ Company's assets and receivables and summing them. Then dividing amongst the "float" (number of shares issued).
So if XYZ has $1M in the bank, and is owed $500k (and we assume it's all collectable debt), then their value would be $1.5M. If they have one million shares issued, those shares are worth $1.50?
That's hardly how it works.
Why? The shares don't disappear into thin air at the end of their fiscal year. They'll make more money next year, and the year after that. But they might go bankrupt, or become obsolete in the market. We can't know these things with certainty, so we price the stocks accordingly ("risk"). But wait, what if they sign a big deal and suddenly their receivables go way up for this year? Well that's called speculation.
So now you have the way modern fixed equities (stocks in companies) are priced on our markets. Actual monetary value if the company was sold, plus or minus speculation/risk on perceived future monetary value. Oh, plus dividends, but those aren't nearly as important as they used to be.
TL;DR- It's not simple like you want it to be, and it shouldn't be. Speculation drives access to capital.
Remember that extracting wealth from the markets and transferring it from one account to another
I'll bite.
There is no "markets." Any value transferred came from somewhere. Let's call it an account.
The idea of "profit" or "revenue" IS simply transferring wealth from one account(s) to another. There is no "creation" of wealth, just aggregation. If I come up with a life-changing product that everyone on Slashdot chooses to pay me $1 USD for, I have not created any wealth in the literal sense. I've only transferred a portion of all of your individual wealth to mine; aggregated.
You need to view things in this manner in order to debate this topic. Note that I'm leaving ideology out, this is simply the mathematics of it.
executives get in trouble for failing to meet fiduciary responsibility if they don't do everything in their power to increase value for shareholders.
I hear this a lot in rants about capitalism, but do you have any examples of this actually happening? I'm familiar with fiduciary duty. I just want to see some example(s) of this occurring in a public company. thanks.
We have determined that this charity has a privacy policy which requires you to tell the charity to remove your name and contact information from mailing lists it sells, trades or shares.
They sell my blood for $200 a pint and then sell my name and address as a blood donor.
But it is unusual that he appears on the top of the list of recipients of BP as well as #2 of the Exxon list, when both companies favour Republicans. But then, even combined they wouldn't be among Obama's Top Contributors
I disagree, the large companies tend to back whomever is favored to win when they don't have a "preferred" (someone they have a relationship with) candidate. That should tell you something about the similarities of the politics between both major parties, as perceived by companies who can/do spend tens of millions analyzing politicians.
What Jobs is saying, is that he's finally found a way to reach the masses of computer noobs that Mac has been aiming for all along. The problem with the original Macs is that they required someone to actually use a computer.
Now that he's turned computers into toys, he can finally get "Grandma." But this doesn't really change anything in the computer world.
It's something to brag about for sure, on a marketing level. On a features level, he succeeds only by not having them. Kind of like how McDonald's succeeds by not having a steak dinner.
I agree.. and yet you can't even boot, for the first time, a 3G iPad without connecting it to a computer with iTunes. WTH were they thinking with that?
Anyone know what Google is planning on stuffing in their new tablet ?
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Slashdot broke my mod points somehow, but this deserves to be modded to plus infinity. However, as anyone who saw the iPhone OS 4.0 presentation knows, there will be plenty of ads on the iPad too soon enough.
It's my main phone, I'm not in a big hurry to mess too much with it, especially if an official version is coming out in a month or so. It's working rather fine, the faster JVM and bluetooth internet sharing are nice-to-haves for my purposes.
I was feeling the same way.. I flashed DamageControl ROM on it, worked flawlessly. Rooting it took about 15 minutes (including downloading the drivers). Works awesome. Faster than it was stock, more functionality (2.1 benefits)
I need to find an HDMI-to-DVI cable for this thing...
The video signal is, for all intents, the same- just a different pinout/connector.. I assume the EVO will have a proprietary plug on it so their cable will have that on one end and HDMI on the other. If that's the case, you can use a simple dongle but DVI doesn't carry audio. Here's a rather unwieldy and way overpriced unit that gives you HDMI -> DVI + optical (toslink) audio
So, in other words, all the normal things that happen when you get a new phone/upgrade an existing phone.
You may be able to avoid the MIR if you get the phone at Best Buy, though I can't recommend 'experiencing' Best Buy just to avoid an MIR. *shudder*
YMMV, but I was able to do this at Radio Shack for my last three sprint phones.. they give you the MIR as instant there, I didn't have to ask about it, it was just the way it worked.
I'm a semi-professional photographer and could theoretically roll 250GB in a month, and as all of that gets shipped offsite to Amazon S3 nightly in incremental backups I could hit the limit. Generally I don't come close, but in a very busy month I could see it happening. The closest I've come was about 120GB in one month - I do wipe out rejected shots locally to save storage, but that's generally a few days after loading them in and due to that they're stored on S3 and remain backed up indefinitely in case I need one back.
I'm a total amateur and I regularly will come back from a lengthy vacation with 8gb of raws. I also do incremental and versioned backups (I use Mozy, though, so maybe I'm a noob..) of my photoshop work files and other stuff.
It annoys me seeing all of these posts suggesting there's no legit ways to exceed a 250GB cap..
Let me get this straight. You're complaining about a 250GB cap, because it theoretically prevents you from illegally downloading movies?
How about coming up with a scenario that reaches 250GB without breaking the law? I could watch Netflix movies all day and still not go over the cap.
Incredible.
I know I'm feeding a troll.. but if you stream from a service that doesn't have low-resolution high-compression video (Netflix streaming on PCs is terrible), or download a lot of 720p/1080p "rentals" (iTunes and its' ilk) it's an order of magnitude more transferred.
Right but outside of cell provider fantasy land, it's more like 60k on average with 3000ms latency.
-1 troll?
There are plenty of articles that I won't Google for you that say regular users and journalists demo'ing Sprint's 4G have achieved over 8 mbps with less than 100ms latency.
I have a 3G novatel usb modem from them that I regularly see upwards of 1 mbit with 150ms..
But this really is serious. Environmentalists have been warning about this for decades. How many belts must Jupiter lose before we all acknowledge the reality of Jovial warming?!
I propose we institute a program of Jovial Dust Credits immediately. They will cost 1000 credits per tonne.
Slashdot Mirror
er, the "like you want it to be" was targeted at GP. sorry.
What exactly is the "true value of the stock"? If your answer has anything to do with the future (future revenue, future earnings, etc.), please explain how you're able to know the "true value" of anything which has yet to happen.
This is an excellent point. No healthy public companies are trading wholly on their intrinsic value.
The intrinsic value (this is hardly the proper GAAP term, so I'm defining it briefly here) would be taking all of XYZ Company's assets and receivables and summing them. Then dividing amongst the "float" (number of shares issued).
So if XYZ has $1M in the bank, and is owed $500k (and we assume it's all collectable debt), then their value would be $1.5M. If they have one million shares issued, those shares are worth $1.50?
That's hardly how it works.
Why? The shares don't disappear into thin air at the end of their fiscal year. They'll make more money next year, and the year after that. But they might go bankrupt, or become obsolete in the market. We can't know these things with certainty, so we price the stocks accordingly ("risk"). But wait, what if they sign a big deal and suddenly their receivables go way up for this year? Well that's called speculation.
So now you have the way modern fixed equities (stocks in companies) are priced on our markets. Actual monetary value if the company was sold, plus or minus speculation/risk on perceived future monetary value. Oh, plus dividends, but those aren't nearly as important as they used to be.
TL;DR- It's not simple like you want it to be, and it shouldn't be. Speculation drives access to capital.
Remember that extracting wealth from the markets and transferring it from one account to another
I'll bite.
There is no "markets." Any value transferred came from somewhere. Let's call it an account.
The idea of "profit" or "revenue" IS simply transferring wealth from one account(s) to another. There is no "creation" of wealth, just aggregation. If I come up with a life-changing product that everyone on Slashdot chooses to pay me $1 USD for, I have not created any wealth in the literal sense. I've only transferred a portion of all of your individual wealth to mine; aggregated.
You need to view things in this manner in order to debate this topic. Note that I'm leaving ideology out, this is simply the mathematics of it.
collect all of those fractions of a cent where the numbers are rounded into other currencies.
What you're joking about already exists in the form of Forex trading..
this is the world America built. Don't complain if you don't plan to help fix it. :)
Fix it to whose definition? yours?
Seriously, this is the next wave of OS protections from malware - where are the people working on this?
Over here - http://www.sandboxie.com/
Don't let the lacking site mislead you, it can sandbox any binary I've tried - not just browsers.
He was probably sick of working for pennies for an American company in his third world country...
He's welcome to go right home with his sentiment, too..
thanks for reading (and linking!) aolnews.com.
signed,
the last guy working at aolnews.com
executives get in trouble for failing to meet fiduciary responsibility if they don't do everything in their power to increase value for shareholders.
I hear this a lot in rants about capitalism, but do you have any examples of this actually happening? I'm familiar with fiduciary duty. I just want to see some example(s) of this occurring in a public company. thanks.
Perhaps you should go donate blood to the red cross. It'll make you feel better.
The Red Cross is doing just fine..
Net Assets $2,559,637,123
We have determined that this charity has a privacy policy which requires you to tell the charity to remove your name and contact information from mailing lists it sells, trades or shares.
They sell my blood for $200 a pint and then sell my name and address as a blood donor.
But it is unusual that he appears on the top of the list of recipients of BP as well as #2 of the Exxon list, when both companies favour Republicans. But then, even combined they wouldn't be among Obama's Top Contributors
I disagree, the large companies tend to back whomever is favored to win when they don't have a "preferred" (someone they have a relationship with) candidate. That should tell you something about the similarities of the politics between both major parties, as perceived by companies who can/do spend tens of millions analyzing politicians.
What Jobs is saying, is that he's finally found a way to reach the masses of computer noobs that Mac has been aiming for all along. The problem with the original Macs is that they required someone to actually use a computer.
Now that he's turned computers into toys, he can finally get "Grandma." But this doesn't really change anything in the computer world.
It's something to brag about for sure, on a marketing level. On a features level, he succeeds only by not having them. Kind of like how McDonald's succeeds by not having a steak dinner.
I agree.. and yet you can't even boot, for the first time, a 3G iPad without connecting it to a computer with iTunes. WTH were they thinking with that?
so Facebook should be allowed to rape and pillage privacy rights.
You don't have any privacy rights with regards to other peoples' photos, or facts (your birthday).
Don't conflate privacy rights and personal preferences towards privacy.
This can't be right... TFA doesn't make a single reference to magic.
I wish we had the original diagrams, maybe we could at least find the revolution generators..
(why parent post is funny)
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Slashdot broke my mod points somehow, but this deserves to be modded to plus infinity. However, as anyone who saw the iPhone OS 4.0 presentation knows, there will be plenty of ads on the iPad too soon enough.
The consumer agencies has let us know how **** we get by the telcos who offer such contracts.
You needed "consumer agencies" to do simple math for you? I can't wait for this logic to be imported to the US at educated persons' expense.
It's my main phone, I'm not in a big hurry to mess too much with it, especially if an official version is coming out in a month or so. It's working rather fine, the faster JVM and bluetooth internet sharing are nice-to-haves for my purposes.
I was feeling the same way.. I flashed DamageControl ROM on it, worked flawlessly. Rooting it took about 15 minutes (including downloading the drivers). Works awesome. Faster than it was stock, more functionality (2.1 benefits)
I need to find an HDMI-to-DVI cable for this thing...
The video signal is, for all intents, the same- just a different pinout/connector.. I assume the EVO will have a proprietary plug on it so their cable will have that on one end and HDMI on the other. If that's the case, you can use a simple dongle but DVI doesn't carry audio. Here's a rather unwieldy and way overpriced unit that gives you HDMI -> DVI + optical (toslink) audio
So, in other words, all the normal things that happen when you get a new phone/upgrade an existing phone.
You may be able to avoid the MIR if you get the phone at Best Buy, though I can't recommend 'experiencing' Best Buy just to avoid an MIR. *shudder*
YMMV, but I was able to do this at Radio Shack for my last three sprint phones.. they give you the MIR as instant there, I didn't have to ask about it, it was just the way it worked.
T-1 doesn't charge me anything to tether.
1.544mbps worth? :)
I'm a semi-professional photographer and could theoretically roll 250GB in a month, and as all of that gets shipped offsite to Amazon S3 nightly in incremental backups I could hit the limit. Generally I don't come close, but in a very busy month I could see it happening. The closest I've come was about 120GB in one month - I do wipe out rejected shots locally to save storage, but that's generally a few days after loading them in and due to that they're stored on S3 and remain backed up indefinitely in case I need one back.
I'm a total amateur and I regularly will come back from a lengthy vacation with 8gb of raws. I also do incremental and versioned backups (I use Mozy, though, so maybe I'm a noob..) of my photoshop work files and other stuff.
It annoys me seeing all of these posts suggesting there's no legit ways to exceed a 250GB cap..
Let me get this straight. You're complaining about a 250GB cap, because it theoretically prevents you from illegally downloading movies?
How about coming up with a scenario that reaches 250GB without breaking the law? I could watch Netflix movies all day and still not go over the cap.
Incredible.
I know I'm feeding a troll.. but if you stream from a service that doesn't have low-resolution high-compression video (Netflix streaming on PCs is terrible), or download a lot of 720p/1080p "rentals" (iTunes and its' ilk) it's an order of magnitude more transferred.
Right but outside of cell provider fantasy land, it's more like 60k on average with 3000ms latency.
-1 troll?
There are plenty of articles that I won't Google for you that say regular users and journalists demo'ing Sprint's 4G have achieved over 8 mbps with less than 100ms latency.
I have a 3G novatel usb modem from them that I regularly see upwards of 1 mbit with 150ms..
But this really is serious. Environmentalists have been warning about this for decades. How many belts must Jupiter lose before we all acknowledge the reality of Jovial warming?!
I propose we institute a program of Jovial Dust Credits immediately. They will cost 1000 credits per tonne.
I agree with those points, but I think The Oatmeal recently summed up the need for another Facebook competitor better than I could.