Should Lamborghini be spun out of Volkswagen $VOW?
In 2023, they sold 10,600 cars, which is actually less than $RACE's 13,700. The two car manufacturers also have similar EBIT margins of about 27%. Lamborghini has grown its revenue with a 17% CAGR over the past 6 years, while EBIT had a CAGR of 53% during the same period. This visual by Quartr shows the number of Lamborghini cars sold per year between 1999 and 2023:
Even very clever people are not always right in their vision
Source: Massimo on X
Average salaries in OECD countries
.
U.S. Home prices hit record high of $426,900!
Source: Barchart
BREAKING: Donald Trump announces that he will create a US government Bitcoin strategic reserve if elected president.
This would be a stockpile of Bitcoin similar to the Strategic Petroleum Reserve. Former U.S. President Donald Trump promised to build a “strategic Bitcoin stockpile” for the United States at the Bitcoin 2024 conference in Nashville on Saturday. The Republican presidential candidate's keynote address followed a week of growing rumors and reports on the matter with a relatively vague announcement to the packed room of Bitcoiners. "As the final part of my plan today, I am announcing that if I am elected, it will be the policy of my administration, the United States of America, to keep 100% of all the Bitcoin the U.S. government currently holds or acquires into the future,” Trump said. “I hope you do well.” Source: Decrypt Activate to view larger image,
The top 10 largest stocks in the world are now worth a combined $18.74 Trillion down from $19.31T last week
Source: Evan
In the US, if your income and net wealth has not increased by 25% since 2020 you are poorer now than four years ago...
Source: Michel A.Arouet
As highlighted by Michel A.Arouet on X: the German business model was based on:
1. Cheap energy from Russia 2. Cheap subcontractors in Eastern Europe 3. Steadily growing exports to China All three are gone by now, and not much has been done to change the trend. Source: Bloomberg, Michel A.Arouet
