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‘Massive’ coordinated arson attacks on TGV bring severe disruption to France’s busiest rail linesAngelique Chrisafis (The Guardian)
A taste of the adventures in sign painting inside Issue 02 of BLAG (Better Letters Magazine).Better Letters (BLAG Magazine: Adventures in Sign Painting Craft, Community & Culture)
I published this video this morning. In it, I argue that the row over the two-child poverty cap has revealed just how shallow the new Labour government's moral leadership really is. If it continues in this way, the next five years will be agonising.Funding the Future
Nicht wenige Menschen sind für Verschwörungserzählungen anfällig - ein Viertel bis ein Drittel der Menschen, sagt Politikwissenschaftlerin Katharina Nocun. Mittlerweile kursierten sogar über sie selbst solche Theorien.www.inforadio.de
The lack of a federal shield law leaves the public uninformed and enables corruption to flourishVanessa Leggett (Austin American-Statesman)
Peaceful protest now carries a ludicrously high penalty in UK courts.The Conversation
Rvk Er að henda tugum fyrirtækja burt af td Ártúnshöfða til að búa til svæði fyrir íbúðabyggð en…EUROPE SAYS (EUROPESAYS.COM)
White men, this is our chance to throw down big and open the political terrain to advance our progressive values.Mobilize
Nejmenší obce v ČR se dřív nebo později budou muset sloučit do větších celků. Nebo alespoň spolu zajišťovat…EUROPE SAYS (EUROPESAYS.COM)
Due to the errors, the Defense Department can send a further $2 billion in weapons to Ukraine to cover the amount already approved by U.S. President Joe Biden.Abbey Fenbert (The Kyiv Independent)
Smithsonian asked Scott Sillett, a wildlife biologist at the Smithsonian Migratory Bird Center.Smithsonian Institution
I prefer indexes and do not invest in individual stocks.
But what I know is that, for a mature company, a P/E ratio between 5-20 is generally a fair valuation.
For a “growth” company, you can afford a higher P/E but only if the revenue growth potential is realistic—otherwise we enter into euphoria and the multiple represents risk.
If we are to believe the P/E ratio, Tesla has greater potential for growth than Apple, Microsoft, and Amazon.
And I have to ask, based on what?
Personally, I don’t believe Tesla is a technology company in the same vein as the other companies I mentioned. All those tech companies have monopoly power in their respective industries, and have used their monopoly power to leverage growth in new industries.
Tesla has no monopoly power and yet it has a higher P/E ratio.
And because it’s a megacap, it puts the greater market at risk when—not if—its share price plummets to a saner valuation.
You may say the market is always forward looking, and this is true. But “forward looking” is often just a fancy way of saying “wishful thinking”.
Reddit has commenced its assault on search engines, reportedly blocking those that don’t have a commercial relationship with the company.Graeme Hanna (ReadWrite)
The branding has been spotted at San Diego Comic ConJordan Gerblick (GamesRadar+)
Friendica software. To learn how to make your own, go look at https://friendi.ca
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