Liberty Posted May 5, 2020 Share Posted May 5, 2020 Thank you for the thoughtful analysis of the buffet method. I'm thoughtful enough to have realized not to waste more time with you. You're like a guy who's obsessed with whales, and he thinks they're the best animals ever, and so he talks about how all other animals suck because they're so small and can't even go under water and sing songs that cary for hundreds of miles and such. Very childish and over-simplistic view of things. Fair enough, let's agree to disagree. And maybe you're the guy who has blindly been worshiping a money changer and has never logically stress tested your own beliefs. I used to admire buffet but it was purely based on tv appearances and the performance of Berkshire stock. So I read his biographies, every single annual report and watched the last 20 Berkshire recorded annual meetings. After all of this I came to the conclusion that he has photographic memory, great insights into human psychology, and he was nothing but a brilliant genius money changer. I try to work hard against my own biases and delusions. It is not easy. Another example, I have liked Tesla cars for the last five years. My wife even bought a little stock two years ago, I thought it was a bad idea. Looking back now, it was a classic Peter Lynch five bagger. All my friends and acquaintances were buying teslas and loved them. I still cannot explained why I did not dig into the numbers and analyze the stock fundamentals. Have a good day! I'm not blindly following Buffett, stop projecting. I've followed Tesla since 2006 when the Roadster was first announced and met Elon Musk in 2009 and have been following electric car tech for almost 20 years. Link to comment Share on other sites More sharing options...
Liberty Posted May 5, 2020 Share Posted May 5, 2020 Link to comment Share on other sites More sharing options...
Liberty Posted May 5, 2020 Share Posted May 5, 2020 Potentially interesting battery chemistry with less cobalt and more lifetime cycles: https://electrek.co/2020/05/05/tesla-million-mile-battery-less-cobalt-higher-energy-density/ Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 5, 2020 Share Posted May 5, 2020 Thank you for the thoughtful analysis of the buffet method. I'm thoughtful enough to have realized not to waste more time with you. You're like a guy who's obsessed with whales, and he thinks they're the best animals ever, and so he talks about how all other animals suck because they're so small and can't even go under water and sing songs that cary for hundreds of miles and such. Very childish and over-simplistic view of things. Fair enough, let's agree to disagree. And maybe you're the guy who has blindly been worshiping a money changer and has never logically stress tested your own beliefs. I used to admire buffet but it was purely based on tv appearances and the performance of Berkshire stock. So I read his biographies, every single annual report and watched the last 20 Berkshire recorded annual meetings. After all of this I came to the conclusion that he has photographic memory, great insights into human psychology, and he was nothing but a brilliant genius money changer. I try to work hard against my own biases and delusions. It is not easy. Another example, I have liked Tesla cars for the last five years. My wife even bought a little stock two years ago, I thought it was a bad idea. Looking back now, it was a classic Peter Lynch five bagger. All my friends and acquaintances were buying teslas and loved them. I still cannot explained why I did not dig into the numbers and analyze the stock fundamentals. Have a good day! I'm not blindly following Buffett, stop projecting. I've followed Tesla since 2006 when the Roadster was first announced and met Elon Musk in 2009 and have been following electric car tech for almost 20 years. Meeting Musk must have been an amazing experience. "Projection is a psychological defense mechanism in which individuals attribute characteristics they find unacceptable in themselves to another person." You might want to recheck the meaning of the term and thanks again for your own detailed analysis of the buffet method. Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 5, 2020 Share Posted May 5, 2020 Can't wait for the TSLA battery day in a few weeks to see what tesla will be showing off. Maybe sub $100 kWH battery. Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted May 6, 2020 Share Posted May 6, 2020 https://www.bloomberg.com/news/articles/2020-05-05/tesla-s-musk-clears-last-hurdle-to-collect-706-million-award A measure of Tesla Inc.’s market value on Tuesday reached the threshold needed for Chief Executive Officer Elon Musk to collect the first chunk of his moonshot pay award. The electric-car maker’s average trailing market capitalization over six months topped $100 billion at the close of trading, according to data compiled by Bloomberg. As a result, Musk is eligible to unlock 1.69 million stock options, which he can exercise at $350.02 apiece. The stock climbed 0.9% to close at $768.21, giving the options a value of $706 million. Strange, shorts told me that Elon is a fraudulent CEO who bilks investors. Why would he tweet that "the stock price is too high IMO" if it was in his interest to keep a high stock price and reap this reward? *Shrugs* Link to comment Share on other sites More sharing options...
Dalal.Holdings Posted May 6, 2020 Share Posted May 6, 2020 Meanwhile at GM: Oct 2017: GM will test fully autonomous cars in a matter of “quarters, not years,” CEO Mary Barra says. 2019: Cruise will miss its goal of launching a large-scale self-driving taxi service in 2019, the GM subsidiary’s CEO Dan Ammann said in an interview Tuesday. The company plans to dramatically increase the number of its autonomous test vehicles on the road in San Francisco, but will not be offering rides to regular people this year. Previously, GM executives told investors that its autonomous ride-hailing service would be open to the public by the end of this year. Now it seems as if Cruise is moving away from deadlines and launch dates altogether. Ammann, GM’s former president who now leads its autonomous vehicle unit in San Francisco, wouldn’t even commit to launching the service next year, in 2020. Based on TSLAQ criteria, Mary Barra is clearly a fraudulent CEO who "overpromises and under-delivers". She raised money for Cruise under false pretenses and reaped stock grants for her own benefit! ...or what it would sound like if every company was analyzed with the same level of scrutiny as TSLAQ does with Tesla... Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 6, 2020 Share Posted May 6, 2020 Meanwhile at GM: Oct 2017: GM will test fully autonomous cars in a matter of “quarters, not years,” CEO Mary Barra says. 2019: Cruise will miss its goal of launching a large-scale self-driving taxi service in 2019, the GM subsidiary’s CEO Dan Ammann said in an interview Tuesday. The company plans to dramatically increase the number of its autonomous test vehicles on the road in San Francisco, but will not be offering rides to regular people this year. Previously, GM executives told investors that its autonomous ride-hailing service would be open to the public by the end of this year. Now it seems as if Cruise is moving away from deadlines and launch dates altogether. Ammann, GM’s former president who now leads its autonomous vehicle unit in San Francisco, wouldn’t even commit to launching the service next year, in 2020. Based on TSLAQ criteria, Mary Barra is clearly a fraudulent CEO who "overpromises and under-delivers". She raised money for Cruise under false pretenses and reaped stock grants for her own benefit! ...or what it would sound like if every company was analyzed with the same level of scrutiny as TSLAQ does with Tesla... Lol The big Oems are coming, the big OEMs are coming......... Wonder if this is another iPhone----->Motorola/Blackberry/Nokia moment. People will never give up their blackberries because the business people love them. Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 6, 2020 Share Posted May 6, 2020 Jim Cramer on TSLA 2010 Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 6, 2020 Share Posted May 6, 2020 Jim Cramer now 2020 buy TSLA at $800 https://www.thestreet.com/investing/stock-market-today-with-jim-cramer-buy-tesla-stock-elon-musk Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 6, 2020 Share Posted May 6, 2020 Top of my head they probably lost $1k - $2k per car on average in the short term. Longer-term this could go up quite a bit as the fleet ages a bit (on average its very young). These people don't even do a basic amount of research before speaking, most short sellers have to work harder because the downside is so huge but these people are clueless. Tesla model 3 is hugely profitable. Link to comment Share on other sites More sharing options...
Liberty Posted May 6, 2020 Share Posted May 6, 2020 Meeting Musk must have been an amazing experience. It was fun. It was at the media/industry preview before the Detroit Auto Show opened to the public, either in late 2009 or early 2010. I think they were just starting to show the aluminium frame of the alpha version of the Model S at the time. Or maybe that was the next year and that year they only had Roadsters? Can't remember. "Projection is a psychological defense zechanism in which individuals attribute characteristics they find unacceptable in themselves to another person." You might want to recheck the meaning of the term and thanks again for your own detailed analysis of the buffet method. You're a blind follower of the dogma that only inventors and creators are worthile, so you're projecting that others are blind followers too, and can't conceive that I may have good reasons to believe what I believe and to bring nuance into your black & white view of the world. Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 7, 2020 Share Posted May 7, 2020 Meeting Musk must have been an amazing experience. "Projection is a psychological defense zechanism in which individuals attribute characteristics they find unacceptable in themselves to another person." You might want to recheck the meaning of the term and thanks again for your own detailed analysis of the buffet method. You're a blind follower of the dogma that only inventors and creators are worthile, so you're projecting that others are blind followers too, and can't conceive that I may have good reasons to believe what I believe and to bring nuance into your black & white view of the world. Dogma: A principle or set of principles laid down by an authority as incontrovertibly true. I am not sure which authority is laying down the dogma that you say I follow. If anything I think the opinions I express are of a heretic, considering the name of the message board above. If a person said these things 200 years ago about a famous person they might have tied them to a stake. :) Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 7, 2020 Share Posted May 7, 2020 It was fun. It was at the media/industry preview before the Detroit Auto Show opened to the public, either in late 2009 or early 2010. I think they were just starting to show the aluminium frame of the alpha version of the Model S at the time. Or maybe that was the next year and that year they only had Roadsters? Can't remember. I saw the news of what Musk named his new child. One of the risks to the stock is that he gets bored with running multiple companies or starts losing too much touch with reality. In the meantime he is doing great things for humanity. Link to comment Share on other sites More sharing options...
Liberty Posted May 7, 2020 Share Posted May 7, 2020 Meeting Musk must have been an amazing experience. "Projection is a psychological defense zechanism in which individuals attribute characteristics they find unacceptable in themselves to another person." You might want to recheck the meaning of the term and thanks again for your own detailed analysis of the buffet method. You're a blind follower of the dogma that only inventors and creators are worthile, so you're projecting that others are blind followers too, and can't conceive that I may have good reasons to believe what I believe and to bring nuance into your black & white view of the world. Dogma: A principle or set of principles laid down by an authority as incontrovertibly true. I am not sure which authority is laying down the dogma that you say I follow. If anything I think the opinions I express are of a heretic, considering the name of the message board above. If a person said these things 200 years ago about a famous person they might have tied them to a stake. :) You think being overly literal and pedantic makes you seem smart, but it’s the opposite. Also, cherry picking one of many definitions is weak: Definition of dogma 1a : something held as an established opinion especially : a definite authoritative tenet https://www.merriam-webster.com/dictionary/dogma Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 7, 2020 Share Posted May 7, 2020 Meeting Musk must have been an amazing experience. "Projection is a psychological defense zechanism in which individuals attribute characteristics they find unacceptable in themselves to another person." You might want to recheck the meaning of the term and thanks again for your own detailed analysis of the buffet method. You're a blind follower of the dogma that only inventors and creators are worthile, so you're projecting that others are blind followers too, and can't conceive that I may have good reasons to believe what I believe and to bring nuance into your black & white view of the world. Dogma: A principle or set of principles laid down by an authority as incontrovertibly true. I am not sure which authority is laying down the dogma that you say I follow. If anything I think the opinions I express are of a heretic, considering the name of the message board above. If a person said these things 200 years ago about a famous person they might have tied them to a stake. :) You think being overly literal and pedantic makes you seem smart, but it’s the opposite. Also, cherry picking one of many definitions is weak: Definition of dogma 1a : something held as an established opinion especially : a definite authoritative tenet https://www.merriam-webster.com/dictionary/dogma 1. something held as an established opinion. A definite authoritative tenet. 2. A principle or set of principles laid down by an authority as incontrovertibly true. They are almost the same thing. Again I think you're confused, there is no authority(TV, papers etc) that states Buffet isn't a "great" man. Mine is actually a contrarian opinion I am not representing the "authority" view. When are we going to hear your detailed analysis rather than these one liners? Do you have anything detailed with substance to add? Link to comment Share on other sites More sharing options...
Liberty Posted May 7, 2020 Share Posted May 7, 2020 Again I think you're confused, there is no authority(TV, papers etc) that states Buffet isn't a "great" man. Mine is actually a contrarian opinion I am not representing the "authority" view. When are we going to hear your detailed analysis rather than these one liners? Do you have anything detailed with substance to add? You're totally missing the point of what that word means in context, which is totally on brand for you. The dogma I'm referring to isn't that Buffett is or isn't great, the dogma you seem to have is that founders and inventors are the only ones contributing to the world. But you must also know exactly what I meant and just decided to waste time by being a pedant about it. You couldn't get through any conversation if you stopped every time someone used a word to not mean exactly what you think it should mean even if it's clear in context (or maybe you are that annoying in regular life too). Buffett started with a paper route and will end up saving countless lives (millions and millions directly, and all their descendants, so there's huge leverage) and improving countless others through donating tens (maybe hundreds when all is said and done) of billions to medical research (especially into diseases that aren't being invested in otherwise because they mostly affect the poor), education, and protecting the poorest and most vulnerable people in the world (with fighting infectious diseases, malnutrition, medical supplies, agricultural development, supporting instituions, etc), etc. That's very likely close to the very very top of humanity when it comes to having a global positive impact. So as I explained before, there's more than one way to have an impact and contribute. You can do it by founding a company or inventing something, but you can also do it by being a good leader, businessman, teacher and philanthropist. Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 7, 2020 Share Posted May 7, 2020 Long form interview today with Elon Musk on the Joe Rogan youtube channel for those that might be interested. Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 8, 2020 Share Posted May 8, 2020 The dogma I'm referring to isn't that Buffett is or isn't great, the dogma you seem to have is that founders and inventors are the only ones contributing to the world. Where is this dogma published that founders and inventors are the only ones contributing to the world? Which authority is advocating for this thought process? Most people in society today worship grown men who play with rubber balls(football players/basketball players) and people who trade pieces of paper(Buffet). I am not saying that capital allocators don't contribute anything, my opinions are not so binary. What I'm saying is that they are not the apex of humanity. My opinion of a contribution scale 0(child molesters and serial killers)---------------5(Capital allocators)---------7(Inventors of physical products)--------------10(Jonas Salk etc) What is a life well lived in the grand scheme of things? Link to comment Share on other sites More sharing options...
jschembs Posted May 8, 2020 Share Posted May 8, 2020 Again I think you're confused, there is no authority(TV, papers etc) that states Buffet isn't a "great" man. Mine is actually a contrarian opinion I am not representing the "authority" view. When are we going to hear your detailed analysis rather than these one liners? Do you have anything detailed with substance to add? You're totally missing the point of what that word means in context, which is totally on brand for you. The dogma I'm referring to isn't that Buffett is or isn't great, the dogma you seem to have is that founders and inventors are the only ones contributing to the world. But you must also know exactly what I meant and just decided to waste time by being a pedant about it. You couldn't get through any conversation if you stopped every time someone used a word to not mean exactly what you think it should mean even if it's clear in context (or maybe you are that annoying in regular life too). Buffett started with a paper route and will end up saving countless lives (millions and millions directly, and all their descendants, so there's huge leverage) and improving countless others through donating tens (maybe hundreds when all is said and done) of billions to medical research (especially into diseases that aren't being invested in otherwise because they mostly affect the poor), education, and protecting the poorest and most vulnerable people in the world (with fighting infectious diseases, malnutrition, medical supplies, agricultural development, supporting instituions, etc), etc. That's very likely close to the very very top of humanity when it comes to having a global positive impact. So as I explained before, there's more than one way to have an impact and contribute. You can do it by founding a company or inventing something, but you can also do it by being a good leader, businessman, teacher and philanthropist. Liberty, stop. Your time would be better spent arguing with a tree stump. Link to comment Share on other sites More sharing options...
fareastwarriors Posted May 8, 2020 Share Posted May 8, 2020 Seriously move on guys. Focus on the company / stock... Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 8, 2020 Share Posted May 8, 2020 This is a stock specific thread and I will focus on the Tesla stock from now on. I respect your opinion and we can continue this in the general section if you like. Link to comment Share on other sites More sharing options...
Liberty Posted May 8, 2020 Share Posted May 8, 2020 Liberty, stop. Your time would be better spent arguing with a tree stump. Agreed. Link to comment Share on other sites More sharing options...
fareastwarriors Posted May 8, 2020 Share Posted May 8, 2020 Elon Musk, Tech’s Cash-Poor Billionaire The Tesla CEO is worth $39 billion on paper, but the electric-car maker, who announced he’s selling his houses and most of his worldly possessions, needs a wad of money to exercise his latest payout https://www.wsj.com/articles/elon-musk-techs-cash-poor-billionaire-11588967043 Link to comment Share on other sites More sharing options...
Guest jalebijim Posted May 9, 2020 Share Posted May 9, 2020 Elon Musk, Tech’s Cash-Poor Billionaire The Tesla CEO is worth $39 billion on paper, but the electric-car maker, who announced he’s selling his houses and most of his worldly possessions, needs a wad of money to exercise his latest payout https://www.wsj.com/articles/elon-musk-techs-cash-poor-billionaire-11588967043 Maybe he got the technique from Larry Ellison. https://www.cnbc.com/id/49194482 Link to comment Share on other sites More sharing options...
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