Multiple of industry times EBITA - estimating the value of a company compared to similar companies within the same industry.

How'd I do?

Can't stick one's neck out when you don't even answer either question, but instead just deflect.

About what I expected.

TheStorm said:

---

Can't stick one's neck out when you don't even answer either question, but instead just deflect.

About what I expected.

---

I absolutely answered both of your questions with my belief of what is happening. Why dont you enlighten the discussion further.

Cthepack said:

---

hokiewolf said:

---

Gulfstream4 said:

---

hokiewolf said:

---

Appreciate it but I still disagree.

---

You are not having a good day. Take the L and move on.

---

here is a great reason why I don't believe a PE guy has all the right answers.

A PE firm controls the majority of Fire Truck manufacturing industry and has created artificial scarcity to boost their profit margins. And contrary to PE guy telling me I know nothing about manufacturing, this is an industry that I am extremely familiar with.

---

I am actually embarrassed for you Hokie. You do not know manufacturing and you clearly do not know PE. I am not a PE guy. I spent 1.5 years of my over 30 year career working for a PE owned company. I was brought in to transform that company with the goal to sell in 3 to 5 years. PE works on Multiple of industry times EBITA. Do you know what either of those mean?? I did my job and we actually sold in 1.5 years. PE firms want to grow! Monopolies are illegal for a reason. The PE firm was clear that the number one thing was to grow while maintaining or reducing resources.

Ironically the PE firm that owned the company I was purposely brought into to transform was AIP. It was not REV. They were fantastic to me. As they paid me out at the 5 year expected level.

There are bad companies in all industries. Some not as ethical as they should be.

I currently spend maybe 25% of my time working with PE owned companies. All of them want growth. Why I needed to increase output of a line I worked on last week by 30%. Meaning 30% more capacity with the exact same resources. Kind of like bringing manufacturing back without having to hire as many guys as you seem to think has to happen. I gave them a 60% increase!

I read what you say, I watched the video you posted and I am honestly embarrassed for you. You have no idea what you are talking about. Manufacturing or PE.

---

Lol ouch

I enjoy reading your posts, nice to hear from someone that's actually in manufacturing and knows what they're talking about as opposed to those that use google and think it makes them experts.

Cthepack said:

---

hokiewolf said:

---

Gulfstream4 said:

---

hokiewolf said:

---

Appreciate it but I still disagree.

---

You are not having a good day. Take the L and move on.

---

here is a great reason why I don't believe a PE guy has all the right answers.

A PE firm controls the majority of Fire Truck manufacturing industry and has created artificial scarcity to boost their profit margins. And contrary to PE guy telling me I know nothing about manufacturing, this is an industry that I am extremely familiar with.

---

I am actually embarrassed for you Hokie. You do not know manufacturing and you clearly do not know PE. I am not a PE guy. I spent 1.5 years of my over 30 year career working for a PE owned company. I was brought in to transform that company with the goal to sell in 3 to 5 years. PE works on Multiple of industry times EBITA. Do you know what either of those mean?? I did my job and we actually sold in 1.5 years. PE firms want to grow! Monopolies are illegal for a reason. The PE firm was clear that the number one thing was to grow while maintaining or reducing resources.

Ironically the PE firm that owned the company I was purposely brought into to transform was AIP. It was not REV. They were fantastic to me. As they paid me out at the 5 year expected level.

There are bad companies in all industries. Some not as ethical as they should be.

I currently spend maybe 25% of my time working with PE owned companies. All of them want growth. Why I needed to increase output of a line I worked on last week by 30%. Meaning 30% more capacity with the exact same resources. Kind of like bringing manufacturing back without having to hire as many guys as you seem to think has to happen. I gave them a 60% increase!

I read what you say, I watched the video you posted and I am honestly embarrassed for you. You have no idea what you are talking about. Manufacturing or PE.

---

If you honestly believe that the vast majority of PE firms aren't dishonest vultures then I'm actually embarrassed for you. Given your history navigating ARMs I think we can safely assume you just haven't figured out how they screwed you yet.

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Haha hahahaha! Don't ever change.

Gulfstream4 said:

---

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Haha hahahaha! Don't ever change.

---

Quality entertainment for sure.

Just out of curiosity, is there any topic I'm allowed to have an opinion on, or are you guys just not interested?

hokiewolf said:

---

Multiple of industry times EBITA - estimating the value of a company compared to similar companies within the same industry.

How'd I do?

---

This is the equation that PEs, venture capitals...etc. work on.

To calculate EBITA the top line is revenue. You are living dangerous limiting revenue, like the example you gave with fire trucks.

SmaptyWolf said:

---

Cthepack said:

---

hokiewolf said:

---

Gulfstream4 said:

---

hokiewolf said:

---

Appreciate it but I still disagree.

---

You are not having a good day. Take the L and move on.

---

here is a great reason why I don't believe a PE guy has all the right answers.

A PE firm controls the majority of Fire Truck manufacturing industry and has created artificial scarcity to boost their profit margins. And contrary to PE guy telling me I know nothing about manufacturing, this is an industry that I am extremely familiar with.

---

I am actually embarrassed for you Hokie. You do not know manufacturing and you clearly do not know PE. I am not a PE guy. I spent 1.5 years of my over 30 year career working for a PE owned company. I was brought in to transform that company with the goal to sell in 3 to 5 years. PE works on Multiple of industry times EBITA. Do you know what either of those mean?? I did my job and we actually sold in 1.5 years. PE firms want to grow! Monopolies are illegal for a reason. The PE firm was clear that the number one thing was to grow while maintaining or reducing resources.

Ironically the PE firm that owned the company I was purposely brought into to transform was AIP. It was not REV. They were fantastic to me. As they paid me out at the 5 year expected level.

There are bad companies in all industries. Some not as ethical as they should be.

I currently spend maybe 25% of my time working with PE owned companies. All of them want growth. Why I needed to increase output of a line I worked on last week by 30%. Meaning 30% more capacity with the exact same resources. Kind of like bringing manufacturing back without having to hire as many guys as you seem to think has to happen. I gave them a 60% increase!

I read what you say, I watched the video you posted and I am honestly embarrassed for you. You have no idea what you are talking about. Manufacturing or PE.

---

If you honestly believe that the vast majority of PE firms aren't dishonest vultures then I'm actually embarrassed for you. Given your history navigating ARMs I think we can safely assume you just haven't figured out how they screwed you yet.

---

I know most are not dishonest. Pretty woman was just a movie, not real life!

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Exactly. If you can't see the difference between being subject to really challenging market forces identical to those faced by our peer nations post-COVID and then significantly outperforming all those peer nations, versus voluntarily cutting off your nose to spite your face with this tariff/trade war nonsense then I can't help you.

The confabulation and false equivalencies and whataboutisms necessary to sanewash most Trump admin actions, especially tariff-related actions, know no bounds.

I won't even call his tariff stuff "policy" because it's clear there is no coherent policy other than sitting back and watching The King of the Deal try to cook.

Civilized said:

---

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Exactly. If you can't see the difference between being subject to really challenging market forces identical to those faced by our peer nations post-COVID and then significantly outperforming all those peer nations, versus voluntarily cutting off your nose to spite your face with this tariff/trade war nonsense then I can't help you.

The confabulation and false equivalencies and whataboutisms necessary to sanewash most Trump admin actions, especially tariff-related actions, know no bounds.

I won't even call his tariff stuff "policy" because it's clear there is no coherent policy other than sitting back and watching The King of the Deal try to cook.

---

A lot of words just say nothing

Civilized said:

---

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Exactly. If you can't see the difference between being subject to really challenging market forces identical to those faced by our peer nations post-COVID and then significantly outperforming all those peer nations, versus voluntarily cutting off your nose to spite your face with this tariff/trade war nonsense then I can't help you.

The confabulation and false equivalencies and whataboutisms necessary to sanewash most Trump admin actions, especially tariff-related actions, know no bounds.

I won't even call his tariff stuff "policy" because it's clear there is no coherent policy other than sitting back and watching The King of the Deal try to cook.

---

There is a question if and/or whether his skills in domestic commercial affairs apply to international politics and trade. IMO, the jury is still out on his performance in the trade/tariff arena. But what's coming down the pike is runaway rate hikes as investors, domestic as well as foreign, shun US Treasuries and unless he has a viable cure for that, it will be his undoing. Ours too, for that matter. Hard assets is the place to be for those seeking sanctuary from dollar destruction.

Gulfstream4 said:

---

Civilized said:

---

SmaptyWolf said:

---

Gulfstream4 said:

---

Civilized said:

---

Cthepack said:

---

Civilized said:

---

Cthepack said:

---

hokiewolf said:

---

Central industrial planning is the tits.

It's been that way for a while… big words, no message.

Here's the president of the U.S. telling a private company how it must make its products, on pain of seeing a massive, government-imposed increase in its input costs. I very rarely use the word "fascist," but this is unconstitutional, fascist nonsense. pic.twitter.com/h3Or89Feb5

— James Surowiecki (@JamesSurowiecki) May 23, 2025

---

When tariffs were first imposed you went on and on about how this will impact the consumer due to price increases. I think you brought up buying a truck. Now you are complaining that Trump is doing everything he can to force the companies to eat the tariffs and you seem upset about that. Which is it?

---

It's both. Obviously.

Trump is implementing bad policy and then trying to coerce businesses to not act rationally and in the best interests of their shareholders and business.

He's wrong on both accounts.

How about not implementing tariffs that every economist in the world that's not sucking from Trump's teat agrees are taxes on consumers, and then the President won't have to try to cajole and shame businesses into not increasing prices in accordance with their newly increased costs that got jacked up because of his tariffs?

---

Every economist you say? So tell me what impact have they had? Inflation went down in the US, jobs went up. What has gone bad?

---

Do you really think prices will go down as supplier prices go up? How does that work exactly?

It's why we're having this conversation; WalMart just announced that very thing and Trump told them they need to magically absorb their higher costs.

It's why Target is forecasting slower sales and lower profits.

If Trump backs off tariffs then yeah that will mitigate some of this but that's the whole point; if tariffs stay, supply chain pricing goes up and subsequently retail prices are absolutely going up; there's no other way for that to work.

---

I don't remember your concern over high prices the last four years? In fact I remember you saying "it's worse in other countries" so just accept it.

What changed?

---

Four years ago high prices were caused by pandemic disruption that affected everyone on Earth, but you dutifully pretended that it was all Biden's doing (even though his big stuff didn't even become law until after inflation had already peaked). High egg prices were the end of the world!

Now we have Trump policies that are deliberately punching the global economy in the balls and suddenly you think intentional price increases and economic mayhem are super cool!

What changed?

---

Exactly. If you can't see the difference between being subject to really challenging market forces identical to those faced by our peer nations post-COVID and then significantly outperforming all those peer nations, versus voluntarily cutting off your nose to spite your face with this tariff/trade war nonsense then I can't help you.

The confabulation and false equivalencies and whataboutisms necessary to sanewash most Trump admin actions, especially tariff-related actions, know no bounds.

I won't even call his tariff stuff "policy" because it's clear there is no coherent policy other than sitting back and watching The King of the Deal try to cook.

---

A lot of words just say nothing

---

#Sieve, silk tongue, yet forked! LoL

i like Ole Sieve, he's in his own little paradise ....until MAGA! LOL

Lol 50% tariffs now off against the EU. What a dumb show

hokiewolf said:

---

Lol 50% tariffs now off against the EU. What a dumb show

---

I think he's giving them until mid July to make a deal?

Gulfstream4 said:

---

hokiewolf said:

---

Lol 50% tariffs now off against the EU. What a dumb show

---

I think he's giving them until mid July to make a deal?

---

A deal to do what? Force them to stop selling us stuff that we want? Force them to stop making iPhones?

Gulfstream4 said:

---

hokiewolf said:

---

Lol 50% tariffs now off against the EU. What a dumb show

---

I think he's giving them until mid July to make a deal?

---

no, he pitched a fit because the EU outmaneuvered him for a minerals deal with Greenland. Like I said, there isn't a strategy with tariffs, only whims.