companies

“At some point companies will find a way to get out of these loans and or break the covenants with not much repercussion.”

“So I think that like, we've gone from believing in institutions. And now I think we fundamentally mistrust institutions. Then we spent 30 or 40 years believing in companies. And now I think we basically don't believe in companies anymore. And now we're sort of…”

“And now I think the big trend for the next decade or two, everyone's going to have like a institutional memory of this. And you're going to see companies that are going to start to vertically integrate supply chains. They're going to vertically integrate their…”

“This is a warning sign that says you cannot go into a massive investment cycle for all companies unless you can prove that you can sustain margins, sustain growth, and minimize OPEX.”

“All of these people who have zero judgment are going to fuck so many companies up. It is the beginning of the beginning.”

“Most people actually, when push comes to shove are a little afraid of the decisions they need to make to be truly successful. They're not willing to fire the people that they need to fire. They're not willing to be extreme in the product they want to build. Th…”

“I think the statement from consumers is look, just sell a product, stay in your lane. Make a better and better product for us at lower and lower prices. And otherwise just let the politicians and the voters decide social issues.”

“In this phase, the OPEX of companies will probably be cut in half.”

“And you'll discover 90% of companies have bad data. 90% of companies.”