The City of London, Wall Street and others are all looking for the next big thing, the next Amazon everyone can get behind and pump billions into the momentum trade.
Traders work during the Pivotal Software Inc. initial public offering on the floor of the New York Stock Exchange in New York, U.S., on Friday, April 20, 2018.this weekend , I did take a moment to think about parallel universes and the concept of time.
Now I very rarely get emotional at the movies but I did cry a tad watching the Avengers climax but not nearly as much as I cry inside every time I read yet more sycophancy and ingratiating copy from my peers about companies that have never made money, show no signs of making money anytime soon and who claim to have reinvented the wheel. Companies such as Delivery Hero, which is one of the pioneers from the revolutionary world of, wait for it … food delivery.
Er, but, no, apparently their EBITDA, you know this acronym, it's short for earnings before everything, was moving aggressively in the other direction last year. Now to be fair this was "hidden" on page three of this mighty three-page release, so how can anyone be expected to read the background information that far back?
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