Is this a good time to be selling AVGO before it craters, or will it, and the broader market, continue it's run up to the election, then crash?
12 replies (most recent on top)
What architect and what feature are you talking about? I've been with VMW in a field role for about 15 years, and have heard nothing about this.
No wonder Hock made the entire thing one SKU. The field is so in touch with what they are selling and what is happening.
No one has to pay the debt because unlike a person, a country doesn’t “die”
@1xaw+1uGwA0bh Seems like someone doesn’t understand sarcasm even when explicitly told
I’m so much like Ajit, his situation is exactly like mine, so I’ll do as he does.
of course. Ajit is not peasant like you.
"The architect of VMware has been laid off. The feature he delivered is blocking customers from using VMware products. Customers are screaming and want to turn it off, but cant. They don't know what it does but blocks a ton of useful features. The support team is getting creamed. There is no solution to this problem. The geniuses that created this mess are now gone."
What architect and what feature are you talking about? I've been with VMW in a field role for about 15 years, and have heard nothing about this.
Let me consult my oracle ball..
Can we focus here? The architect of VMware has been laid off. The feature he delivered is blocking customers from using VMware products. Customers are screaming and want to turn it off, but cant. They don't know what it does but blocks a ton of useful features. The support team is getting creamed. There is no solution to this problem. The geniuses that created this mess are now gone. We are faaaakkked.
Ask Michael Dell
The system needs a reset once in a while. Then the crisis is used to save the too big to fail and push more people into living on government doles. Those who think that this bubble will last forever are probably too young to know about LTCM collapse, Enron collapse, Lehman collapse, reverse repo collapse etc. The shutdown collapse and the Ukraine collapse are recent ones which were relatively mild. The big one is still pending. Most probably will happen after elections. The regular crashes are baked into the system. That is how the rich get richer. Buffett would not hold 300 billion in cash right now if everything is fine. They are waiting for the crash to scoop up your houses.
I’m so much like Ajit, his situation is exactly like mine, so I’ll do as he does.
How id--tic are you to compare apples to oranges?
What Happened: On Monday, it was revealed that Ajit Jain, the insurance chief at Berkshire Hathaway for nearly four decades, sold over half of his Berkshire stake, amounting to $139 million. This marked Jain’s largest stock sale since joining the company in 1986.
https://finance.yahoo.com/news/expert-says-warren-buffetts-top-143215980.html
Those who are greedy will lose their homes and their cars. Reduce your debt. Deleverage. Not the time to swing for the fences.
I have the one and only correct answer but am unwilling to share.