The same Samsung also lost billions investing into memory chip fabs and car making. Also, although Samsung and LG have large market share, it's not clear how profitable they are in the sector; certainly have much profit margin than Apple. Samsung was subsidized by the Korean government to take over market share for silicon fabs in the past two decades, and it is still a money losing operation. The latest Samsung accounting report is heavily padded by the sale of the hard drive division to Seagate. The Korean companies certainly have a track record of trying to make up for losses with higher volume. LOL. The Korean people are ripped off to pay those government subsidy bills. The net effect is Koreans being taxed to pay for give-away cars and phones to American consumers.
Post-facto rejigging of portflio in order to show better portfolio return is a common practice among mutual fund families. If you start two funds each buying one stock; after a year, if one loses 50% and the other gaining 50%, you shut down the loser and fold it into the winner at current value. Voila! the average return (of remaining members of the fund family) becomes +50%! even though there has been no net gain whatsoever if calculation is done based on original investment into both funds.
posted by 75.67.1...
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- Cool video from the International Space Station, Noel , Sun, 22 Apr 2012 09:40:15
- Love the Auroras! Saw my house at 1:17, Bill Homer, Sun, 22 Apr 2012 11:34:36
- Re: Cool video from the International Space Station, AdamSAAB2kAero, Sun, 22 Apr 2012 11:00:37
- The original Sputnik, Tim, Tue, 24 Apr 2012 06:27:32
- The original Sputnik, Reality, Sun, 22 Apr 2012 12:04:01
- Then there's those pesky laws of physics..., Noel , Sun, 22 Apr 2012 16:39:23
- Competitive Market is a discovery process, Tim, Tue, 24 Apr 2012 06:29:41
- Competitive Market is a discovery process, Reality, Sun, 22 Apr 2012 17:22:30
- S. Korea: case where gov't intervention has worked, Bill Homer, Sun, 22 Apr 2012 20:09:17
- A perfect example of the saying..., Noel , Sun, 22 Apr 2012 19:22:44
- aka Personal Attack when logic fails, Reality, Sun, 22 Apr 2012 19:47:05
- Then would you please tell us exactly how, Noel , Mon, 23 Apr 2012 06:38:35
- Look up SpaceShipTwo and WhiteKnightTwo, Reality, Mon, 23 Apr 2012 07:20:07
- Re: Look up SpaceShipTwo and WhiteKnightTwo, Joeychess, Mon, 23 Apr 2012 08:38:39
- Re: Look up SpaceShipTwo and WhiteKnightTwo, Reality, Mon, 23 Apr 2012 09:41:22
- Clipper cost = $22K today, Gene N , Mon, 23 Apr 2012 11:02:11
- One can also buy a ride on a Russian rocket, Noel , Mon, 23 Apr 2012 10:48:36
- Also, Capital utilization rate would be much higher, Reality, Mon, 23 Apr 2012 18:28:50
- Not aware of any Russian rockets taking off from JFK, Reality, Mon, 23 Apr 2012 12:01:23
- Re: Not aware of any Russian rockets taking off from JFK, John G, Mon, 23 Apr 2012 16:37:25
- Does your Aunt still see dead people?, Joeychess, Mon, 23 Apr 2012 21:38:26
- What ifs, maybes and semi-relevant statements..., Noel , Mon, 23 Apr 2012 19:14:42
- Re: Not aware of any Russian rockets taking off from JFK, Reality, Mon, 23 Apr 2012 18:03:14
- LOL...6 figure parties, secret service hookers, GSA..., Joeychess, Mon, 23 Apr 2012 10:02:16
- Re: aka Personal Attack when logic fails, pete, Mon, 23 Apr 2012 04:58:58
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