LLNS may have excluded the wrong people in last VSSOP? The exclusions were based on outdated job categories and related skills. ULM are now thinking that in the future, job categories and functional areas will have to be re-defined. The next VSSOP/ISP will be based on the new categories and functional areas. The questions I have are: 1) Why didnt they think of that before the transition. It seems like their style is “change things as you go”. Planning is out the window! 2) Who will give input on the new changes? The next RIF apparently is going to be more lucrative than the VSSOP. Depending on the length of employment, a RIFed person, not only gets their 1 week pay per year of service but also from 30 to 120 days notice, essentially 30 to 120 days pay. Please feel free to comment on the rumors or add new ones you actually heard.
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And as you know over the weekend it came out that Warren Buffett sold a large amount of his Apple stock, incurring a large tax bill, during the first half of the year : this may turn out to be a genius move (although we do not know the future) since he now has cash to deploy in a market decline.
We can certainly hope for a utopia at some point in the future and work in that direction, by the way, but chatbots may be incapable of magically producing that outcome.
Any particular overvaluation of certain stocks may not be mirrored in the broader market, and also a general selloff can present an opportunity to increase market exposure in high quality, undervalued stocks.
So a proper market outlook might be somewhat mixed, although at any given time there could be black swan events or even a market crash that happens for no apparent reason.