Depreciation

topic on 4 shows · 4 statements across 4 episodes

Acquired the Knowledge Project My First Million 20VC

4 statements about Depreciation, every show

20VC Insight
Feldman: Chip depreciation is driven by generational performance jumps, not calendar time
“The question of depreciation is how much faster are future generations than the current generation? That's the actual question on depreciation. Because what you're, with depreciation, you're saying, at some point, it's no longer worth using a part that's fully…”
Andrew Feldman Oct 6, 2025 ▶ 16:34 Cerebras CEO, Andrew Feldman on Why Raise $1BN and Delay the IPO & Why NVIDIA’s Worried About Growth · 20VC with Harry Stebbings
Gaynor: In capital-heavy industries, replacement costs exceed accounting depreciation
“Now, if you're talking about oil companies, or steel mills, or heavy capital intensive businesses, it's not a good map, because the D that you're subtracting out to sort of talk about the earnings power, Not only is that D real and shouldn't be subtracted out,…”
Tom Gaynor Jan 23, 2024 ▶ 1:54:20 Tom Gayner: Invest Like The Best
MY FIRST MILLION Assertion Supported
Nagpal: Real estate owners can write off 20-30% via depreciation
“If you own that real estate, you can use depreciation to offset 20, 30% of the purchase price as a business loss that year.”
Ankur Nagpal Jan 17, 2024 ▶ 43:12 $250M Founder Reveals How The Rich Avoid Taxes (Legally) | ft. Ankur Nagpal
ACQUIRED Insight
Munger claims excluding depreciation from earnings via EBITDA is lying about profits
“You got a big truck company and Take the depreciation out of the trucks, out of the earnings. You're ever lying about the earnings.”
Charlie Munger Oct 30, 2023 ▶ 1:00:36 Charlie Munger (Audio) · Acquired

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