Saturday, March 14, 2015

Twitter, Netflix, Yelp, Groupon: What do they all have in common?

F***ing ridiculous valuations, that's what they have.

Twitter and Groupon has negative earnings. P/E ratio = #REF!

Netflix and Yelp has P/E ratios over 100.

Why anyone would buy a company that doesn't make any money is completely beyond me. Clearly, I do not have the appropriate education or logic to invest in the modern era.

I only like to invest in companies that actually earn money and at a good price. Wtf, so old school, right?

But don't take my advice, I don't live in a big shiny Manhattan apartment or work on Wall Street.

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