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It turns out that if you have billions in cheap funding, you can keep doing things the wrong way for quite some time.
by csours 9y ago
It turns out that if you have billions in cheap funding, you can keep doing things the wrong way for quite some time.
- Smaug123 9y ago"The market can remain irrational longer than you can remain solvent."
- rrhd 9y agoExcept in this case it's more than other way. The market is fine, it's tesla causing issues.
- Smaug123 9y agoSorry, I thought the analogy was clear, but evidently it wasn't :) "Tesla can remain irrational longer than the investors can continue to bet against it". More of a flippant remark than anything.