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...Smaller rival H&R Block trades on a multiple of only 12 times. But this premium has more to do with bog-standard accounting than cutting-edge tech....
...E R Yescombe YCL Consulting, London N10, UK...
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...Which means that R* doesn’t sound like a lodestar we can rely on?...
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...The Mag 7 re-invests 60% of their cash flow from operations through growth capex and R&D. This reinvestment rate is more than double the 26% of the Tech Bubble 5 and about 3x that of the S&P 493....
...A recent market theory is that stocks should trade higher because r-star (the neutral rate of interest) is making financial conditions easier....
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...Programmatic Buyers [i.e., retail buyers and sellers] could not reasonably expect the same....
...Trump on Friday posted a surety bond to cover a separate $83mn judgment for defaming the writer E Jean Carroll....
...“Then we put cacio e pepe with bucatini and garlic and rosemary pangrattato on the menu, and people loved it.”...
...R Block Q2, Gartner Q4, Infineon Technologies Q1, Linde Q4, Mitsubishi Q3, Nintendo Q3, Omnicom Q4, Prudential Financial Q4, Snap Q4, Spotify Q4, Toyota Q3, UBS Q4, Virgin Money UK Q1 trading update, Western...
...Luxury items he has raised finance on in the past week include a classic E-Type Jaguar collection, a Ferrari and a Lamborghini. Levels of repeat business are high....
.../ From E R Yescombe, YCL Consulting, London N10, UK...
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...and White’s h pawn queens. Chess 24581 Bh1! Kf4 2 Kg2! Ke4 3 Kg3 mate. Chess 24572457 1 Bb5! Resigns....
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...Best, R. Find me on Strava . . ....
...“Lilly hasn’t been one of those really big deal junkies,” said Les Funtleyder, a healthcare portfolio manager at E Squared Capital Management, which owns Lilly shares....
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