Is Uber Now a Value Investment?

Uber is now a classic value investment because it is a good company with a good product that has been having serious problems. There’s nothing wrong with Uber’s basic service or business model just its corporate culture.
Now that Khosrowshahi is cleaning that mess up, Uber stands to greatly improve. Buffett called himself “a great admirer of Dara” in a chat with CNBC. The sage of Omaha pointed out that some of the details in the Bloomberg story were wrong.

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Goldman Sachs plans Apple Pay Credit Card

An interesting goal for Apple would be the creation of a “financial App store” where a wide variety of solutions like Marcus would be available to consumers. Future solutions might include checking accounts, loans, insurance, investments, annuities, remittances, wire transfers, and investment advice from Goldman Sachs.

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Goldman Sachs rides the Tiger

Goldman Sachs is experimenting with cryptocurrency trading. The bank was laying the groundwork for a cryptocurrency trading desk in December 2017, Bloomberg Markets revealed.
The desk is supposed to be up and running by the end of June, Bloomberg Markets speculated. Note: Bloomberg’s reporting is unreliable because the sources of the information were identified only as “people.” That means the article was based largely on hearsay.

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Is SALT a good Investment?

SALT’s micro-lending might not be practical with today’s blockchain and cryptocurrency technology.

The greatest technological barrier to SALT’s business model is the scalability problem. Scalability is the maximum size of the blocks or architecture of the blockchain. The size of the blockchain determines the volume of transactions a platform can platform. That means it might not be possible for SALT to process enough loans to serve a mass market. 

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Lending Club is Junk

Lending Club has gotten to the point where it is losing money by just staying in its business. What might be worse is that Lending Club is losing money from financing, it reported a cash from financing figure of $-461.20 on September 30, 2017. That indicates the company might be losing money from its lending operations, which are its only business.

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Wells Fargo and the Future of Monster Banking

The potential challenges Wells Fargo faces are vast. The greatest of these is falling revenues, which probably reflects the growing implosion of the mortgage market.

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Goldman Sachs is on a Roll

A nightmare for GS would be competitors trying to label it as Trump’s bank or racist. Goldman Sachs will need to address the Trump links and find some way to distance itself from the President. If it cannot those political ties might damage the business.

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Goldman Sachs Bitcoin Value will increase by 52%

Jafari thinks bitcoin will enter a fifth wave that will see its price increase to $3,212 before dropping, CNBC reported. Her expectation is that bitcoin prices will slow then rebound to reach that number.

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The Value in Finance Bank of New York Mellon

Trump has proposed a tax holiday to let companies bring the money back, something that might be politically impossible to sell to Congress. Although a Republican Congress did give President George W. Bush a tax holiday in 2004 when two thirds of the earnings were repatriated, Wells noted.

If such a holiday were to occur; and it is a big if, a lot of the money would come through BNY Mellon. CNBC estimated that companies would bring $1.7 trillion back to the U.S. That might generate fees for Bank of New York which moves funds for big companies.

Such a holiday might be unlikely now because few Congressmen or Senators would want to be seen giving big corporations a huge tax break in today’s political climate. Hostility to Wall Street and big business is running high and destroying the careers of politicians seen as puppets of moneyed interest such as Hillary Clinton.

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Does Trump want to Increase U.S. Trade with China?

Trump’s first trade deal; the U.S.-China Comprehensive Economic Dialogue, might increase the American trade deficit with the People’s Republic, Forbes contributor Gordon G. Chang wrote. That might occur because the deal would allow Chinese companies to sell cooked poultry and financial services in the United States.

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