That's bullcrap... taxi drivers are joining Uber like crazy... it's more porfitable for them... fewer fees and expenses and legalese. Check your data. They can't wait even here in as yet un Uber-ed Nashville. A dorky very untaxi city. Don't know who these lobbyists or transport companies are of which you speak. Washington DC loves Uber. They all use it.
More wry observations from "the self proclaimed smartest guy in the room"...btw have you ever seen a healthy market? what is your ultimate goal? are you invested? I am curious... how do you make your money? are you wealthy? do you daytrade? who are you? surely your'e not making millions posting on talkmarkets. or your website. hell, for all I know you are ten people!
Is DIS overvalued? maybe so but it continues up -why? demand and flight to safety by big money trumping valuation? If so valuation is relative to the "story"- if I stay away from DIS because its overvalued, who am I hurting? Like overbought, overvalued can stay overvalued for a long time. DIS increased the fee to their parks..nobody is complaining. I wish it would pull back but sofar, nobody wants to sell this thing, and the slightest dip see buyers galore. So much for valuation. SUpply and demand rule the day. cheers
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