One thing that pops up no matter where you look is the Pareto distribution. It’s a probability model that’s also been dubbed the 80-20 rule, and it illustrates how a tiny number of causes are responsible for the lion’s share of effects. For example, it’s like how the top 20% of sales people produce 80% … Read more
Meta, Amazon, Microsoft and Alphabet’s severance packages will cost up to $4.7 billion. The tech giants have collectively laid off tens of thousands of workers over the past few months. Google parent company Alphabet will have the highest severance cost, at a maximum of $2.3 billion. Big tech firms are accruing billions in costs from … Read more
Societe Generale’s Albert Edwards says tech stocks face a downfall similar to the dot-com bust he forewarned about in the late 1990s. While acknowledging their market leadership so far during this pandemic, he warns that their prices are rising at an unsustainable pace relative to profit growth. He likened the appeal of tech stocks today to … Read more