My mistake. Maybe I can't think of the one I'm trying to think of. I don't need a name or rule really.
Philosophically speaking, if you have a few competing ideas and no way to come to a conclusion. The simplest explanation is the best one to go with.
> Positing a connection between Twitter and the US government, without supporting evidence but just because it "makes sense" - is anything but parsimonious. That remains true even if such a connection does eventually turn out to exist. "Do not attribute to malice that which is explained by incompetence" is likely to be the more applicable principle here.
I did provide evidence in my original post. Perhaps you dont accept my evidences for some reason?
I believe I should consider a rebuttal to my evidences. Are the other S&P500 companies so tremendously undefended from takeover?
WBD recently joined S&P and they are pretty undefended, not as bad as twitter.
CPT is worse than WBD.
MOH is worse than CPT.
NDSN is about WBD.
CEG is worse than all of them.
Woah. I kind of disproved myself? I haven't considered this. Tesla is like the only defended stock I can find? I haven't checked them all.
https://www.multpl.com/s-p-500-pe-ratio
Haven't checked on this in awhile. It's high but is trending down post covid recession.
The S&P500 is full of zombies? Is this seriously happening? wow. I haven't seen anyone talking about this. What the hell happened?
Just checked TSX60 for Canada. AEM, AQN, ATD, BCE, BMO, BNS, ABX, and they are all good. BHC is the first one that looks maybe questionable but nowhere near problematic.
Just checked a random selection of FTSE 100. BP, BATS, BLND. All healthy.
I feel like disproving myself wasn't a good thing though. I need to go spend some time on questrade.
People have been talking about it[1]; it's just that Elon hasn't so it doesn't end up in the media hype cycle. The S&P 500 is really just the 5 big megacap stocks.
That's what makes this Twitter so weird, as a company it's relatively unremarkable; it's not larger than Snapchat both in terms of marketcap and MAU, but in the media you would think it's the primary competitor to Meta.
Twitter gets a lot of flack about censorship and free speech; but it's by far the most libertarian platform - it still has a chronological timeline! If you had followed Donald Trump on Twitter, you would see all his tweets whenever he tweeted them. If you followed him on Facebook, Facebook would hide most of his posts on your feed! And yet Twitter is the boogeyman, the enemy of free speech.
Twitter the company, and Twitter the boogeyman are two seperate entities. If you read about Twitter from NYT headlines, maybe it makes sense they are government controlled. If you actually spend time on the platform you will find a platform that largely hasn't changed in the past 10 years, but still trying to wrangle it's political influence since the Arab spring days.
[1] https://www.cnn.com/2020/02/10/investing/sp-500-tech-stocks/...
This isn't it. I follow financial news, primarily financial post and economist, I havent seen anyone talk about this at all. It's crazy that I even thought to check on this. Obviously twitter being undefended was quite unusual, why would they all be this way?
In fact when I look at Microsoft and Apple... holy shit I haven't seen the problem that bad.
Meta isn't bad, but then again 500 billion market cap and pe ratio of 13? wtf? different problem altogether. People are clearly predicting huge crash on meta. No idea if that's coming.
Amazon isn't bad at all. Bezos is defending just as Musk is defending Tesla. I probably should go through all the S&p. I wonder if other stock markets are seeing this. UK and Canada obviously arent.
>Twitter the company, and Twitter the boogeyman are two seperate entities. If you read about Twitter from NYT headlines, maybe it makes sense they are government controlled. If you actually spend time on the platform you will find a platform that largely hasn't changed in the past 10 years, but still trying to wrangle it's political influence since the Arab spring days.
No that's not the problem. I dont think that the us gov is controlling anymore. When I checked tsx60 and ftse1000 there's no examples for at least the ones I checked. I admittedly didnt check them all.
I have never seen this before, it's not natural. I don't know what the terminology would be. Zombie is the wrong word. Of all my positions, Tyson is the only 1 that is bad like this; though I'm not exposed to the USA that much.
Arab spring days? Yes.
I expect it may even start the same way. Will it be a Nicholas McCrary?
Will it be food scarcity? Biden publicly said this will be the case.
Elon is way ahead of me in understanding the situation.
