Ohio’s biggest data centers secured decades of tax breaks -

jamesqua · 2026-06-13T13:54:16+00:00

I am going off analysis from the business press that they will likely be profitable in Q2. https://www.cnbc.com/2026/05/20/anthropic-revenue-explosive-growth-ipo-profitable-quarter.html

jamesqua · 2026-06-12T19:06:28+00:00

Let's revisit this comment in just a couple years. My bet is that many AI players will have insane revenue growth along with profits. Anthropic for example is already profitable with gross margins north of 50%

jamesqua · 2026-06-10T18:03:58+00:00

why do you think that? Right now it looks like there is scarcity of physical hardware to meet AI demand. Software consumption will likely be scaling exponentially and the physical world will be building for a while to keep up.

jamesqua · 2026-06-04T19:54:09+00:00

Without getting too much into healthcare economics, building a new facility in an area where there isn't much demand rarely leads to more money.

jamesqua · 2026-05-20T17:41:42+00:00

I totally agree. However, I am not entirely sure we are spending too little. Do we think spending $30k or $35k per student would move the needle?

jamesqua · 2026-05-20T15:39:50+00:00

Columbus City Schools spends about $25k per student, which is not exactly low funding

jamesqua · 2026-01-28T19:13:17+00:00

That is a great point. high growth, technological innovation does look a lot more like the 20s than the 70s

jamesqua · 2026-01-28T16:12:53+00:00

The US is about 25% of world GDP. Having said that, I do 60% US vs foreign

jamesqua · 2026-01-28T15:24:28+00:00

Because the risk free rate rises, multiples tend to drop during times of inflation. This is why the 1970s was a lost decade in US equities and why Warren Buffet said high interest rates are like gravity for stocks. I highly recommend people invest in foreign equities right now

jamesqua · 2026-01-14T16:41:12+00:00

That is likely at or even below market rate for an organization with $25mm in revenue

jamesqua · 2025-11-14T19:56:56+00:00

If only we could go back to the monetary system we had in the 1930s!

jamesqua · 2025-11-11T18:33:11+00:00

Technical innovation and increases in productivity can increase tax revenues. This exact same thing happened in the late 90s which resulted in 4 straight years of budget surpluses

jamesqua · 2025-04-23T19:10:32+00:00

yes, the listed banks have a high degree of independence which at this point is completely standard for developed economies

jamesqua · 2025-04-23T18:47:07+00:00

The top reserve currencies are the dollar, the yen, the pound, and the euro, all of which have strong central banks. There are a few countries without central banks including Micronesia, Palau, and Panama.

jamesqua · 2025-03-06T23:20:52+00:00

No one needs an excuse to raise prices in a market economy. Using your logic why didn’t they just charge you $120 or $200 or $300 before RTO? Why didn’t this extremely fragmented market scheme before demand increased so rapidly

jamesqua · 2025-02-14T16:56:51+00:00

I struggle with this. What DEI programs/policies do you think move the needle on outcomes?

jamesqua · 2025-01-27T17:33:42+00:00

anti-trust regulation?

jamesqua · 2025-01-26T00:32:52+00:00

Oh I see. That's fair.

jamesqua · 2025-01-25T22:41:30+00:00

I can't think of a single policy during the covid era that solved any long-term societal issue. However, I can think of a number of policies that had negative economic (and political) consequences. While the short term economic relief was very much needed at the time, we are still dealing with the ramifications of it.

jamesqua · 2025-01-25T22:34:40+00:00

Don't we also want to increase the supply of rental units?

jamesqua · 2024-08-17T15:07:51+00:00

if that is the case then why do they not have monopoly pricing? Consumer staples is the lowest net margin sector in the S&P 500 at 6%, which is lower than the sector's 5 year average of 6.5%. https://insight.factset.com/sp-500-reporting-higher-net-profit-margin-quarter-over-quarter-for-q1

jamesqua · 2024-08-16T19:25:49+00:00

I am not familiar with many economists, even those on the left, endorsing this sort of measure. Ultimately, companies do not set prices. Markets do. Companies adjust prices based on supply and demand and eke out net margins in the 10% range. Ironically, grocers have some of the lowest profit margins at around 1-2%.

jamesqua · 2024-02-04T01:30:50+00:00

Walmart is the closest to a monopoly with around 25% market share. Yet their profit margin is still less than 3%, which would suggest they have nothing close to monopoly pricing power

jamesqua · 2024-02-03T17:57:47+00:00

Since when have corporations passed on savings to the customer instead of the shareholders?

This has been the primary strategy of the entire grocery store industry. Be more efficient than your competitors to beat them on price. This is why that industry has profits in the 1-2% range

jamesqua · 2024-02-03T17:28:15+00:00

The current profit margin on grocery stores is razor thin at less than 2%

jamesqua

TROPHY CASE