Speaking of being faceed with a swarm of competing Albanian Armies, on a Feb. 19 fiscal call, Charlie Ergen said it is “probably inevitable” Dish and DirecTV will merge.
"Dish lost approximately 511,000 net Dish TV subscribers during the year, compared with the loss of about 1.13M in 2018. Dish added approximately 175,000 net Sling TV subscribers during the year, down from 205,000 in 2018." hollywoodreporter.com/news/dish-repo…
25iQuiz: What is Morgan Stanley paying for each customer acquired in an all-stock deal valued at $13 billion?
"Morgan Stanley said E*Trade has more than 5.2 million client accounts with over $360 billion of retail client assets"
Actual picture of a fintech Albanian Army Unit:
"Morgan Stanley said E*Trade has more than 5.2 million client accounts with over $360 billion of retail client assets"
Actual picture of a fintech Albanian Army Unit:
$13 billion / 5.2 million accounts = $2,500 per account!
25iQuiz bonus question! What are the unit economics that support this price? Do they include moving other customers off Morgan Stanley's existing systems to a more automated (ie, lower cost) systems? #Albaniansynergies
25iQuiz bonus question! What are the unit economics that support this price? Do they include moving other customers off Morgan Stanley's existing systems to a more automated (ie, lower cost) systems? #Albaniansynergies
US$360B in AUM In 5.2M accounts = $69,230 in E*Trade accounts on average. What can Morgan Stanley earn per month on an average account? What will churn and gross margin be?
Charlie Munger said he's never used calculus even once in a business setting. Business isn't engineering.
Charlie Munger said he's never used calculus even once in a business setting. Business isn't engineering.
