I am still struggling to understand how a company that has a revenue of 12 billion can make purchases of 250 billions. It is like all you own would be 50,000 euros and I would go and say that I am going to buy a house for 1,000,000 and everyone would be like - yep, sounds legit, lets celebrate the deal.
The steelman argument would be something like: Well, it's a company that went from zero to 12 billion in a couple years, is still growing super fast, has capital providers lining up, will likely IPO and then have access to the public markets, and the commitments are not solid orders but contingent on all kinds of things happening.
westinghouse, calm in the eye of nuclear meme, is even looking at possible revival of SC.
i dont know if it has better odds than some trump influenced deployment; my reflex being what is the MAGA (wright, trump) cut?
i wonder if some of this is brookfield's seller's regret (~50% stake) too cheaply.
I am still struggling to understand how a company that has a revenue of 12 billion can make purchases of 250 billions. It is like all you own would be 50,000 euros and I would go and say that I am going to buy a house for 1,000,000 and everyone would be like - yep, sounds legit, lets celebrate the deal.
Yeah, it is kinda crazy.
The steelman argument would be something like: Well, it's a company that went from zero to 12 billion in a couple years, is still growing super fast, has capital providers lining up, will likely IPO and then have access to the public markets, and the commitments are not solid orders but contingent on all kinds of things happening.
Thanks. The inability/unwillingness to automate ports is a key weakness in America's ability to compete with China.
Absolutely. I'm always reminded of season 2 of The Wire when thinking about this.