You are absolutely right, the valuations make no sense. However on the one side before 2020 coal was worth nothing. Because of all the carbon limiting rules, the space became uninvestable, and that could happen again. On the other side apple put arm based chips in the M1 Macs because Intel was unable to produce anything good for them. The M1 chips are fast and energy efficient, so the market will slowly go in that direction. Unfortunately the market always takes things to extremes.
love these comparisons. i sometimes get stuck in the mining stocks echo chamber to forget how stark the perceived difference in value of FCF is between mining and AIAI/metaverse/..
Why don’t ARM just buy BTU and double their earning?
Masaponzi-son. Shrub, you're killing me :D
Of all the big complex topics Andy mentions, CNBC’s first question back to Andy is clarifying what a tamagotchi is!
Journalism 101: when interviewing a guest always ask the most important question first
would add that ARM is now 125b and their SBC (LTM) is 900m :)
ARM net-income (LTM) is 85m. Every quarter SBC >> Net Income. In the end, if it goes well, all of it will go to management.
Love this!
That’s hilarious Shrub. I was wondering what Andy had hung in the background! 😂😂😂
Thanks shrub!
You are absolutely right, the valuations make no sense. However on the one side before 2020 coal was worth nothing. Because of all the carbon limiting rules, the space became uninvestable, and that could happen again. On the other side apple put arm based chips in the M1 Macs because Intel was unable to produce anything good for them. The M1 chips are fast and energy efficient, so the market will slowly go in that direction. Unfortunately the market always takes things to extremes.
Great piece of writing about mad Mr Market
love these comparisons. i sometimes get stuck in the mining stocks echo chamber to forget how stark the perceived difference in value of FCF is between mining and AIAI/metaverse/..