Comment Re:Meanwhile... (Score 2) 48
At least they are installing renewables as fast as they can.
At least they are installing renewables as fast as they can.
Many people and I wear glasses.
But not on its official public web site and internal updater. Until those offer v146, then it is not officially out.
It should be out tomorrow at 6 AM PST (USA) unless last minute issues come up which are rare.
They are buying up property IN CHINA, which is again just numerical garbage. They pretend their homes are worth $2 trillion instead of $1 trillon. Trade imbalance still exists.
To buy property out of China, that would be undoing the trade imbalance. But China hates when their citizens buy property out of China. They call it corruption.
Someone buys a computer from China. They get a computer.
China gets some money. Used to be a bunch of paper. Now it's a numerical notation in a bank.
Sounds to me like the guy with the computer made out like a bandit and the idiots looking at numerical notations are fools.
Yeah, I know they can trade those numbers for other stuff - that's called undoing the trade imbalance.
So how exactly is China supposed to be benefitting without undoing the trade unbalance?
They can't.
Depends on what the person was doing at the time. If the person who didn't pull the trigger was holding up a liquor store and the police shot the wrong person, there's at least arguably mens rea, which is how we get things like the felony murder rule.
Not quite- that's how you get the proximate cause felony murder rule, of which only a couple of jurisdictions in the US, and none outside of the US in the Western world recognize due to its obvious injustice.
No, it's how you get mens rea for the felony murder rule. You didn't carry the gun with the intent to kill, only to intimidate, but you still had a guilty mind, and if you then used the gun to kill someone in the heat of the moment, there's your mens rea.
And remember that actual cause does not mean literally pulling the trigger. At least in the U.S., the courts apply a "but for" test. If the event would not have happened without the previous event, then the previous event is considered the actual, not proximate cause. The police would not have shot the other person but for the perpetrator pointing a gun at someone (and possibly shooting at the police).
IMO, that's not meaningfully different than involuntary manslaughter convictions for allowing unsafe working conditions at a construction site or leaving your loaded gun out where a child can take it, both of which have happened.
Using the numbers above, if Meta had the same pre-tax profit of $60B now but was using the 3 year depreciation schedule they used in 2020 vs the current 5.5 year, then instead of depreciation being $13B it'd be $23.8B, meanding they'd lose nearly almost $11B in recorded profits, just from a calculation. So in essence this boosts their stock price by making them look more profitable than they are.
True, but only momentarily. At the end of the first depreciation cycle, assuming purchasing of hardware is not accelerating, you're depreciating 5x as much hardware over 5x the time, and your momentary bubble in the stock price is gone.
And even if hardware purchasing is growing right now, eventually, that will flatten out, and the above will be true.
The only real question should be whether the depreciation rate is reasonable. If you're still getting substantial use out of the hardware after five years, then depreciating it over 3 years is questionable.
Also, the more slowly you depreciate it, the less you save on taxes each year. Faster depreciation is beneficial if you think the tax rate will go down and you will lose the benefit of that depreciation. Slower depreciation is beneficial if you think the tax rate will go up and you will benefit more from depreciating it later. So this may also mean that these companies are expecting corporate income taxes to go up. Make of that what you will.
Your numbers are wrong.
Netflix offered $27 and change per share.
Paramount offered $30 per share. That is about 10% more.
You need to read the article, not just the summary.
"Buy land. They've stopped making it." -- Mark Twain