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OpenAI Mutiny

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Greg P
Greg P
Posted November 21, 2023underMicrosoftOpenAI

Microsoft seems to have bankrupted OpenAI in less than two days. If that is the case, their 13B investment will be written down however it seems investors have increased MSFT market cap by 70B today.

Hey ChatGPT, What’s a Soap Opera?

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S&P 500 PE ratio above 23 historically resulted in 2-2% annualized returns over 10 years, with current PE ratio at 24, indicating low expected returns for the next decade.Oaktree Capital has consistently invested in high-yield bonds for 47 years, achieving 7-8% yields comparable to 10% S&P 500 returns, but taxes reduce after-tax returns to 4-7%. […]

Greg P
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