Is Facebook Worth Its Current Price?

by John Coumarianos All assets are worth the present value of their future cash flows. Even if you haven’t been to business school and heard this financial theory, you probably have some intuitive sense that if you buy a piece …

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Here we just have an example of literally the richest man on Earth, Jeff Bezos worth over $100 billion, and his company, the biggest retailer on Earth, didn't pay 1 cent in income tax to the US government.

I don’t think we should be giving Jeff Bezos a medal for figuring out how to fuck over the system so bad, that one of the world’s largest companies didn’t pay any income taxes last year. And that was before the massive …

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[Crypto] XRP worth $380bn, Ripple labs worlds 10th largest company by market cap, Chris Larsen 5th richest in the world

Having soared 36,000% last year and continuing its crazy run in 2018… Ripple has surged ahead of Ethereum as the second-largest cryptocurrency by market cap… Bitcoin $246BN Ripple $143BN Ethereum $97BN   image courtesy of CoinTelegraph Leaving Mike Novogratz breathlessly berating the craziness..as Ripple’s …

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