So you are saying the goose labored to create eggs?
Surprised that he didn’t highlight the “exponential growth will continue forever” graph
For reference: Japan’s GDP is 675 trillion yen
I love how they were like lets use conservative growth predictions to appease the haters and doubters
Pictured: the head of an investment bank describing the novel idea of ROI using a children’s story
Not pictured: the AI goose needing 5-10 golden eggs worth of feed to produce each new egg
oh, it’s AI, i thought they were teaching labor theory of value via goose metaphor
It’s not AI either, this guy’s been making incomprehensible goose metaphors for years.
For real? That’s amazing
Well they aren’t any longer allowed to own workers.
Also forgetting the moral of the story don’t valorize the golden goose
Mfers need to learn accounting and learn difference between real and financial assets 😭
The eggs produced by the goose are a real asset (a commodity). The company is valued in financial terms (shareholder value). For the company to realize the profit the eggs have to be sold to someone who has the money, and the money obtained should be above cost for shareholder value to rise (normally).
The goose (or rather Goose Inc) can be magically valued using made up very optimistic models. Say, a goose produces 1 egg a day worth $5000 (they assume it can be sold at a high price forever lol) so that’s $150k a month, now take that towards a century, now the goose can be valued at $180B. That’s discounted cash flows.
Point is the goose value is definitely not 0 even in the beginning. Even conservatively you can say the eggs can be sold at some price for the future. In reality, the situation is the opposite usually, the goose is often very overvalued.
Now, convince fools to buy your stock even without many eggs being sold then you can mark the stock at whatever price it was last sold.
Uhm. This is actually a very advanced accounting strategy that they don’t teach to the noobs.
I used to work in business bullshit, so I’m very familiar with financial strained analogies and terrible slide decks.
This completely baffles me. I have no idea what they mean by this.
Idk, dementia probably.
Looking forward to the trashfuture episode.
Fuck is it bad that this makes total sense to me? Like it’s just banal nonsense, but all this is really saying is that “The goose” creates value through continually “laying eggs” so the value of the “goose” and “eggs” have to be valued taking into consideration of the future created value.
Which itself just seems like more pro AI investment slop.
Explaining the economy to a peasant: “Imagine a goose”
pheasant
GROUSE!?
Whaaaaat? Is that what the moral of the story is? No way! Thank you, Soft Bank, I’d never looked at it that way
Can we get a <the goose creates value> emoji
thats nice but Im specifically looking for the wings up victory pose
Yeah, I read theory.
You can use a goose for your capitalist propaganda all you want, Bank, the geese will always belong to the left!
Owl value 0 ?
gasp
I’m left as they come, but I don’t fuck with geese.
GooseJeb value!!!So what is WeWork in this equation? The goose of the eggs?
