SoftBank to write down WeWork by $6.6B, compounding portfolio misery

Re:SoftBank to write down WeWork by $6.6B, compounding portf... by _pmf_ on Thursday April 30, 2020 @06:08AM (#23029266)

I'm starting to believe this is some plot to disenfranchise the Saudis, because the dimensions are too large for plain stupidity.

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by TheOtherHobbes on Thursday April 30, 2020 @06:52AM (#23029491)

The Saudis are perfectly capable of organic home-grown stupidity.

MBS has an impressive record of investment failures. It's possible he's part of a secret plot to destabilise the entire region and bring the reign of the House of Saud to an end, but it's just as likely he's a privileged playboy fool who has no idea what he's doing.

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by 9nGQluzmnq3M on Thursday April 30, 2020 @10:50AM (#23031416)

He has an equally impressive record of non-investment failures as well: the war in Yemen, assassinating Khashoggi, etc. And I agree that Occam's Razor argues for the latter.

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by Ididntdothis on Thursday April 30, 2020 @10:22AM (#23031074)

“Don’t explain with malice what can be explained with stupidity “.

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Re:SoftBank to write down WeWork by $6.6B, compounding portf... by lowdose on Thursday April 30, 2020 @09:03AM (#23030340)

Hanlon's razor

https://en.m.wikipedia.org/wiki/Hanlon%27s_razor

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