Liberty Posted October 2, 2015 Share Posted October 2, 2015 That's all I was saying. To me, it would cause cognitive dissonance if I was shorting something that I wished would succeed. If SpaceX ever goes public, and they're trying to keep it private but you never know, I couldn't on one hand find what they're doing amazing and exciting in root for them, and then turn around and short their stock. Link to comment Share on other sites More sharing options...
rkbabang Posted October 2, 2015 Share Posted October 2, 2015 That's all I was saying. To me, it would cause cognitive dissonance if I was shorting something that I wished would succeed. If SpaceX ever goes public, and they're trying to keep it private but you never know, I couldn't on one hand find what they're doing amazing and exciting in root for them, and then turn around and short their stock. A good way of stating this is that even if you weren't strong enough to move a massive object all by yourself, you still wouldn't lean on it in an attempt to push it one way if you were really hoping for it to move in the opposite direction. Link to comment Share on other sites More sharing options...
merkhet Posted October 2, 2015 Share Posted October 2, 2015 Maybe it's a hedge. Like betting against your favorite sports team. If you lose your bet, at least you have the psychological benefit of having won the game. If you win your bet, at least you've won some money. Link to comment Share on other sites More sharing options...
benhacker Posted October 2, 2015 Share Posted October 2, 2015 Oh I see Liberty, I understand your point clearly now. I don't really have an answer for you. The cognitive dissonance doesn't bother me, I guess because my view is that Musk will build what he will build (and there will be those ready to hand him money) at $240, or $50, or $1000 / share. I may of course be wrong on that, but either way I think my size will hardly be a key factor (of course there is a negative affect near term). I'll stop talking so much about being short, that probably will have more of an affect than me actually shorting given my puny size. :) Link to comment Share on other sites More sharing options...
rkbabang Posted October 2, 2015 Share Posted October 2, 2015 Maybe it's a hedge. Like betting against your favorite sports team. If you lose your bet, at least you have the psychological benefit of having won the game. If you win your bet, at least you've won some money. The difference is that your bet against your team has no effect on the outcome of the game. Link to comment Share on other sites More sharing options...
mcliu Posted October 2, 2015 Share Posted October 2, 2015 Maybe it's also a time frame thing. You want the company to do well over the long-term for the sake of humanity, but in the short-term the company's shares can get overvalued and correct to fair value.. ??? Link to comment Share on other sites More sharing options...
rkbabang Posted October 2, 2015 Share Posted October 2, 2015 Maybe it's also a time frame thing. You want the company to do well over the long-term for the sake of humanity, but in the short-term the company's shares can get overvalued and correct to fair value.. ??? OK I'll buy that I guess. I realize that any individual investor shorting a $30B company puts about as much pressure on it as a fly landing on an aircraft carrier, but I wouldn't short a company unless I wanted it to die. I tend to be idealistic about things, for instance I live in a country of over 350 Million people, but I won't vote, because I don't want to lend my support to the legitimacy of the state. I'm sure it has no effect either way, but the cognitive dissonance would bother me if I voted, so I don't, even if it means that the wrong lizard might get in. Link to comment Share on other sites More sharing options...
awindenberger Posted October 2, 2015 Share Posted October 2, 2015 I own a tiny position in TSLA to support Musk. We need Elon clone in biotech/drugs/medical devices. That's a sector that needs serious cleaning up. Elizabeth Holmes seems to have the smarts, the ambition, the work ethics.. Time will tell if she succeeds in making a mark on her industry, but at least she's working on a big problem that could help humanity, and for that I wish her the best. Elon is 44 and she's 31, so she has about a little over a decade to show her stuff. I was going to bring up her name as well! I just read about her earlier this week and was extremely impressed with what shes done so far in disrupting the medical testing industry. Link to comment Share on other sites More sharing options...
Liberty Posted October 3, 2015 Share Posted October 3, 2015 This is interesting speculation about the main features of the Model X being met for a self-driving car: https://medium.com/@gavinsblog/elon-musk-s-sleight-of-hand-ea2b078ed8e6 (doors that open themselves when they detect you approaching, back seats with storage space underneath them, side doors that open that wide and detect obstacles without human intervention, etc). Link to comment Share on other sites More sharing options...
merkhet Posted October 3, 2015 Share Posted October 3, 2015 Maybe it's a hedge. Like betting against your favorite sports team. If you lose your bet, at least you have the psychological benefit of having won the game. If you win your bet, at least you've won some money. The difference is that your bet against your team has no effect on the outcome of the game. Fair, though, with all due respect to all of us on the board, I don't think any of us are moving the reflexivity needle with our bets (long or short). Link to comment Share on other sites More sharing options...
Liberty Posted October 3, 2015 Share Posted October 3, 2015 Maybe it's a hedge. Like betting against your favorite sports team. If you lose your bet, at least you have the psychological benefit of having won the game. If you win your bet, at least you've won some money. The difference is that your bet against your team has no effect on the outcome of the game. Fair, though, with all due respect to all of us on the board, I don't think any of us are moving the reflexivity needle with our bets (long or short). That's always the question: If I throw a cigarette butt on the ground, am I making a difference? I'm just one person. But do all the people who think that, when combined, amount to enough to make a difference, even if marginal? It's certainly not helping things... I don't think there's anything wrong with you shorting Tesla. I just find it strange, because you seem to like them a lot. I wouldn't short Berkshire even if I thought it was overvalued, but that's just the shape of my brain. Different strokes and all that. Link to comment Share on other sites More sharing options...
merkhet Posted October 3, 2015 Share Posted October 3, 2015 I'm not short Tesla. (Or were you referring to someone else?) Link to comment Share on other sites More sharing options...
Liberty Posted October 3, 2015 Share Posted October 3, 2015 I'm not short Tesla. (Or were you referring to someone else?) My comment was part of the discussion with Benhacker. I kind of assumed your comment was part of it too. Didn't mean to imply that you were short. Link to comment Share on other sites More sharing options...
RadMan24 Posted October 4, 2015 Share Posted October 4, 2015 The whimpy Porsche also makes 18% net profit. Link to comment Share on other sites More sharing options...
Picasso Posted October 5, 2015 Share Posted October 5, 2015 Saw this on reddit and immediately thought maybe it isn't such a bad idea shorting Tesla: Link to comment Share on other sites More sharing options...
Palantir Posted October 12, 2015 Author Share Posted October 12, 2015 Does anyone find the design of the Model X to be odd? The hood is too short in comparison to the mid and rear sections, it vaguely looks like a giant bean....or a minivan? http://s1.ibtimes.com/sites/www.ibtimes.com/files/2015/09/29/image-00.jpg Link to comment Share on other sites More sharing options...
Morgan Posted October 12, 2015 Share Posted October 12, 2015 Does anyone find the design of the Model X to be odd? The hood is too short in comparison to the mid and rear sections, it vaguely looks like a giant bean....or a minivan? In the picture, it looks similar to the Honda Crosstour, which I have seen in person, unlike the Model X. The CrossTour is weird, but kind of neat, so I hope the Model X will be similar but cooler with the gullwing doors. They're both kind of odd looking though. Link to comment Share on other sites More sharing options...
berkshire101 Posted October 12, 2015 Share Posted October 12, 2015 Does anyone find the design of the Model X to be odd? The hood is too short in comparison to the mid and rear sections, it vaguely looks like a giant bean....or a minivan? It looks like a bigger version of the Prius. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted October 12, 2015 Share Posted October 12, 2015 Does anyone find the design of the Model X to be odd? The hood is too short in comparison to the mid and rear sections, it vaguely looks like a giant bean....or a minivan? http://s1.ibtimes.com/sites/www.ibtimes.com/files/2015/09/29/image-00.jpg That's because it is a minivan. Just look at the seating capacity. They just don't want to tell you that, so they tell you it's an SUV instead. The reason why they went with gullwing doors is for two reasons: 1) because they thought it would be less "minivanish" that way. 2) so that you can carry a child into the rear seat without bumping your head or wrecking your back. That's the minivan giveaway right there -- it's a "family friendly" feature. The other thing (aside from the doors) that makes it less like a traditional minivan is that the sporty version goes 0-60 in 3.2 seconds. See, it's not a minivan when it accelerates better than most models of Porsche 911. How slow is a Porsche sports car? It's slower than a Tesla minivan!!! Link to comment Share on other sites More sharing options...
Jurgis Posted October 12, 2015 Share Posted October 12, 2015 How slow is a Porsche sports car? It's slower than a Tesla minivan!!! +1000. OK, I'm gonna spam this here too: I just love this clip... and it's so applicable to multiple threads recently... :-X I don't invest in car companies that produce cars with doors that open like that.... or like that either... ;) Link to comment Share on other sites More sharing options...
kfh227 Posted October 12, 2015 Share Posted October 12, 2015 It looks like a bigger version of the Prius. All fuel efficient cars follow the Prius design. Of course any electric car that needs to go as far as possible on one charge will look like a Prius. Porshce 918 Spyder: 0-60 in 2.2 seconds https://en.wikipedia.org/wiki/Porsche_918 $847K is a bit pricy though. Link to comment Share on other sites More sharing options...
rkbabang Posted October 12, 2015 Share Posted October 12, 2015 I own a tiny position in TSLA to support Musk. I don't invest in car companies that produce cars with doors that open like that.... or like that either... ;) Since Tesla produces cars with doors that open both like that and like that, I assume you sold your shares? Link to comment Share on other sites More sharing options...
Jurgis Posted October 12, 2015 Share Posted October 12, 2015 I own a tiny position in TSLA to support Musk. I don't invest in car companies that produce cars with doors that open like that.... or like that either... ;) Since Tesla produces cars with doors that open both like that and like that, I assume you sold your shares? It's not an investment. It's a support for Elon. ;) Peace. Link to comment Share on other sites More sharing options...
rkbabang Posted October 12, 2015 Share Posted October 12, 2015 Porshce 918 Spyder: 0-60 in 2.2 seconds https://en.wikipedia.org/wiki/Porsche_918 $847K is a bit pricy though. "One of them was recently destroyed in a charity event in Malta injuring at least 21 people, causing mayhem and chaos." "mayhem and chaos", you've got to love Wikipedia. Link to comment Share on other sites More sharing options...
rkbabang Posted October 12, 2015 Share Posted October 12, 2015 I own a tiny position in TSLA to support Musk. I don't invest in car companies that produce cars with doors that open like that.... or like that either... ;) Since Tesla produces cars with doors that open both like that and like that, I assume you sold your shares? It's not an investment. It's a support for Elon. ;) Peace. I bought 100 shares for the same reason, but I won't cop out and say it isn't an investment as I do hope that they will be worth more someday. I've heard people who buy scratch tickets say that it isn't gambling in their case, because they do it to support the schools? :) Link to comment Share on other sites More sharing options...
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