Bitcoin has been touted as an alternative currency for years now. In this environment of huge US dollar’s M0 supply increase, it makes sense to try to get out of a devaluing dollar and into bitcoin. Right? Probably yes, although there seems to be a ceiling for how high and what kind of transactions can … Continue reading On Bitcoin, Libra and Gold
Etiqueta: fuchs
EDP and the company that no one loves
There is long-term thinking, medium-term thinking and EDP thinking. This is a company I seem to love to hate. EDP is the biggest utility in Portugal by far. EDP was a state company and recently it was privatized and sold to the chinese China Three Gorges. The Chinese came as saviors in a time of … Continue reading EDP and the company that no one loves
Facebook EPS vs FCF
There's a huge discrepancy between Facebook's Net Income and Free Cash Flow. Net Income is $22M and FCF is $15M. That might then be a case of a bigger capex than depreciation. That's normal if it's at least similar, but capex in Facebook is way bigger than depreciation. So what's happening? Probably Facebook is accounting … Continue reading Facebook EPS vs FCF