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Everything is Up This Year (EP.319)

Animal Spirits Podcast

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Uber: A Battleship to Turn Around

Uber lost cumulative $31.5 billion since 2014, which is a hell of a battleship to turn around. They reported, they made $326 million this quarter. The stock is down on 6% today. It's up like 90% of the year. So maybe not super surprising. We've gone again, going back and forth on my pendulum example, we've gone from expectations were way too low to not expectations are high again.

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