Gregory's Server
@fuzzychef this fund owns < 0.5% of alphabet (assuming all their holdings are class A) shares and they published an open letter, which is something you do when you don't have enough influence to get them to read your private emails. This is posturing to try to hit above their weight
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2 comments
 @agocke @fuzzychef That's an interesting observation, thank you for posting it. I have to reevaluate some of my projections. |
@agocke @fuzzychef yeah, I am with Andy here. You give this hedge fund manager too much credit.
Google like many other tech giants earned too much cash during covid recovery but did not know what to do with it so spent it on hiring people. Now when stocks dropped and you can't just throw shares at people, they realize how much they are going to pay in salaries - dumping of people comes next.