"The response since we launched early access has been fantastic and is already mirroring our remarkable first round,"
The bearish tilt in options discussions reflects real concerns that go beyond typical market gyrations: Oracle trades at a close to a 60 P/E ratio, leaving very little breathing room for any other than spectacular growth Quarterly earnings growth turned negative at -1.9% YoY, a jarring reversal among concerns about margin pressure The company faces intensifying competition in AI infrastructure from all comers. Everyone from Google (Nasdaq: GOOG) to OpenAI is building out their own massive infrastructure.
The book, which contains sexually explicit snapshots and hand-drawn images, concludes with a less-provocative section titled "Business." It offers a rare glimpse into the Wall Street job that helped launch Epstein's lucrative career as a money manager for businessmen like Les Wexner, the former owner of Victoria's Secret. The section includes letters from five former colleagues from Bear Stearns, the investment bank where Epstein worked for five years before hanging out his own shingle in 1981 as a financial advisor to the rich and powerful.
