Reply to post: Re: Efficient Market

What's that? Uber isn't actually worth $82bn? Reverse-gear IPO shows the gig (economy) is up

JLV

Re: Efficient Market

Vocabulary too complicated for you?

Moats is a common investing term which means a defence against competitors copying you.

Uber’s been struggling with a lot of cities’ taxi lobbies. Some of it is due to vested interests in taxi licenses (each going for 500$k easy). But it’s easier to cover up any lobbyist-based resistance when the company you are dealing with is a byword for toxic corporate hubris.

I dare guess that my “ESL” is considerably better than whatever your dumb ass can speak as a second language, if you even know any.

I can type more slowly if it helps ;-)

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