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Our Friend, Mr. Ellison

Posted on 12/11/25 at 3:02 pm
Posted by ScottAndrew
Baton Rouge, LA
Member since Aug 2009
1286 posts
Posted on 12/11/25 at 3:02 pm
What a week for him. Oracle’s earnings report comes out shite the day after the Michigan news.
Posted by LSU82BILL
Fort Lauderdale, FL
Member since Sep 2006
10856 posts
Posted on 12/11/25 at 3:05 pm to
I thought the same thing when I saw Oracle down 14% pre-market this morning.
Posted by Fun Bunch
New Orleans
Member since May 2008
128036 posts
Posted on 12/11/25 at 3:06 pm to
quote:

What a week for him. Oracle’s earnings report comes out shite the day after the Michigan news.



His networth dropped to only 200 billion

probably can't afford that QB now
Posted by Big Jim Slade
Member since Oct 2016
6259 posts
Posted on 12/11/25 at 3:07 pm to
I feel horrible for him that he is now probably worth a mere $250B and not to mention his wasted investment in Underwood.
Posted by mtnhighTiger
Scottsdale, AZ
Member since Jan 2010
4351 posts
Posted on 12/11/25 at 3:09 pm to
quote:

Oracle’s earnings report
Buy the dip!!
Posted by TigerReich
Member since Dec 2024
792 posts
Posted on 12/11/25 at 3:10 pm to
Isn’t his connection to the university of Michigan purely transitory? His wife is a grad and fan I think. It’s undefeated I guess
Posted by ScottAndrew
Baton Rouge, LA
Member since Aug 2009
1286 posts
Posted on 12/11/25 at 3:11 pm to
You just wanted to use the word transitory albeit somewhat incorrectly haha. Yes his wife went there and he used his money to buy Bryce Underwood from up under us


Edit to say unless you think his marriage is “transitory”
This post was edited on 12/11/25 at 3:14 pm
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7010 posts
Posted on 12/11/25 at 3:20 pm to
quote:

His networth dropped to only 200 billion probably can't afford that QB now

It was $24X billion last I checked, so that would constitute a pretty serious fricking hit lol.

Obscenely rich as he is, I’m sure he plans retirement around his current lifestyle (like everyone else)… and “net worth” is not made of liquid casino/QB cash.

A +18% net drop in the value of your assets is not something you turn your nose up at, no matter how much money you have

Granted, I have no idea if that $200B figure is real so take the whole post with a grain of salt.
This post was edited on 12/11/25 at 3:31 pm
Posted by LSUnKaty
Katy, TX
Member since Dec 2008
4798 posts
Posted on 12/11/25 at 3:29 pm to
quote:

What a week for him.
Yea, it sucks to be him.
Posted by Cenlabration
The Ville of Pine
Member since Apr 2021
1393 posts
Posted on 12/11/25 at 4:30 pm to
quote:

His networth dropped to only 200 billion

Posted by BIG CAT
louisiana
Member since Jan 2005
3855 posts
Posted on 12/11/25 at 4:58 pm to
Pocket change
Posted by Tha crook
Baton Rouge
Member since Oct 2018
1135 posts
Posted on 12/11/25 at 5:06 pm to
I know right lol
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/11/25 at 5:15 pm to
I own a lot of Oracle stock which I'm still way up on (1300%) but today was not a good day for shareholders. BTW, the main reason for the drop was explained at how much money they are putting into AI...which personally I think will turn out to be a brain dead scam that Bernie Madoff would be proud of.

So you won't feel too sorry for our boy Larry, I was in San Francisco in September and in the bay waterfront area was his yacht with tiny helicopter on the front and literally a descriptive display by the sidewalk making sure you knew it was Larry Ellison's yacht.
Posted by TigerReich
Member since Dec 2024
792 posts
Posted on 12/11/25 at 5:18 pm to
Transitory properties
Posted by BigPapiDoesItAgain
Amérique du Nord
Member since Nov 2009
3409 posts
Posted on 12/11/25 at 6:05 pm to
I was surprised to come across an acknowledgement from Jack Carr at the end of one of his James Reece books. Apparently they share a mutual respect related to some shared experiences related to intelligence communities and (coming as a shock to me) conservative political beliefs.
Posted by Veritas
Member since Feb 2005
10240 posts
Posted on 12/11/25 at 6:22 pm to
Prediction: Next big merger Oracle and Broadcom.
Posted by White Tiger
Dallas
Member since Jul 2007
15371 posts
Posted on 12/11/25 at 6:42 pm to
It will rebound soon enough.
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7010 posts
Posted on 12/12/25 at 12:52 pm to
AI ain’t a scam dawg. The moniker makes it sound that way, but it is realistically the most significant development since the internet.

If you’re investing in any tech company, you’re investing in AI indirectly. Guarantee it’s part of every index fund out there too.
Posted by AkronTiger
Rubber City
Member since May 2021
2735 posts
Posted on 12/12/25 at 12:55 pm to
what will he ever do?

Also, Larry Ellison doesn't care about Michigan. He's dropped out of Illinois and dropped a bag for Bryce Underwood to make his girlfriend happy.
This post was edited on 12/12/25 at 12:58 pm
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/12/25 at 1:02 pm to
AI IS a scam dawg. Even my brother who disagrees with my vehement opinon on it says it has been vastly oversold. We'll wait and see but I keep seeing examples of the idiotcy of the "technology". Should I bring up the huge problems with selt-driving cars that can't avoid fire trucks and also don't stop for school buses or suddenly shut down on roads. Or maybe I should bring up the AI results of searches that bring up wrong authors or quotes that don't even exist.

I would love to sell you the Brooklyn Bridge because you would certainly buy it.
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