A dozen donuts for a dozen zeros

Friends,
Alphabet began celebrating. Defying every faultfinder, Google-hoarding investors just knew leading markets never overestimate pricing. Questioning reason, surpassing trillion U$. Valiantly weathering xpectations yielding zero.

OK, the preceding was bad (it got pretty dicey at the end). I was trying to start each word in alphabetical order to reinforce the fact Alphabet, Google's parent, became only the fourth company to ever surpass a trillion dollars in market capitalization (although, with Amazon stock dipping a bit, there are only currently three in that club). Despite the fact that a number one followed by twelve zeroes is a far cry from the 100 zeros of a Googol, you have to admit it's still pretty cool --and more money than I can imagine.

Along the same vein, this week Tesla became the U.S. automaker with the highest market capitalization. Despite the huge achievement, I can't help but to throw a few flies in the ointment. First, it limits the comparison to the U.S., so companies like Toyota, with more than twice Tesla's market cap were overlooked. Second, market capitalization is not the same as enterprise value. Both Ford and GM have higher enterprise values, but much of that value is in their debt. Third, the stock price driving this market capitalization is entirely based on future expectations (Tesla is not profitable at this point in time), so it comes down to how good the collective crystal ball may be.

In any event, it seems to me the best way to celebrate a trillion dollar company is with a dozen donuts. After all, donuts resemble zeros. A donut for each of the zeros in a trillion.

Happy Friday!

Comments

Donut Doodle Dandy

Dear Members and Constituents, In trying to figure-out Wednesday’s cool-looking Google Doodle ( Jorge Luis Borges’ 112 th birthday ), I stumbled across a list of Google Doodles you’ll never see. This, and a Rockies game later that day, were sufficient inspiration to get my head spinning around what other doodles Google might never noodle? I’m sure you’ll probably have a few ideas of your own, but I was able to come-up with a couple. How about a former Colorado Rockies player whose unfortunate encounter with a moth put him in the news this week? The Matt Holliday doodle might look something like this… Another item which, surprisingly enough, has not been made into a doodle are donuts. Although I was slightly taken aback to find this delicious pastry has not been featured, after the initial disappointment, I decided to take matters into my own hands and take a stab at one (perhaps Google can use it next year for national donut day )… or to celebrate Greek police having “ blown a ho...

Donut Hole Alignment

Friends, My predawn attempts to watch the planetary alignment have thus far been met with cloudy skies. The weather forecast through the end of the cosmic event suggests I shall not witness it. And yet, my futile attempts have been rewarded in other ways. The chorus of birds, frogs and insects singing in anticipation of the sun’s glorious rising complement the river’s steady churning. The crisp, fresh air in a desolate town whose citizens are still bidding Morpheus “adieu” caresses my skin while the sweet aroma of petrichor fills my lounges. Deep shadows of centenarian eucalyptus trees slowly recede and give way to the imperceptible progress of the brightening skies. Sure, witnessing those tiny bright spots lined-up in the sky would be pretty cool —like sprinkles on a donut. Speaking of donuts, if you’re ever in Cuenca around the feast of Corpus Christi (which ended yesterday) you need to try the Huevos Chilenos (Chilean Eggs) —think of them as less sweet donut holes. And, if like me t...

Verónica, Esq.

Friends, Stop me if you've heard this one before. A man walks into a bar looking for a lawyer. The bartender says "you won't find any here... they need to pass the bar." Speaking of which, my daughter officially passed the bar last week and can now practice law in Colorado. She can also breathe easier, take a break from all that studying and, who knows, perhaps even stop at a bar once in a while. Or... celebrate in style with a Voodoo doughnut. Please join me in congratulating Verónica González, Esq., who will make a fabulous attorney. Happy Friday!

Friday Donuts

Search This Blog