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Which companies have you personally invested in?
by p1esk 7y ago
Which companies have you personally invested in?
- xiphias2 7y agoI have some Bitcoin now, so I’m not invested in the stock market. But right now I think TSLA is cheap at $41B. With all its faults it tries to rely on software, focuses on future tech even though none of that is mature. It’s deep learning chip and sensor suite is currently far underused, which means that sofware has the potential to increase its margins compared to other car companies.
- p1esk 7y agoI considered TSLA when it dipped below $200, but I just don't have any confidence in Musk. I heard him saying they will have full level 5 autonomy next year. That's just ridiculous. It would be less ridiculous for him to say he will land a human on Mars next year.
- xiphias2 7y agoSure, there won't be autonomous driving next year. Elon Musk has a bad habit of redefining things: he defines FSD as being able to see signs, traffic lights, hopefully not crash that much into trucks, and take intersections. It sucks, but look at the competiton: they don't get data from drivers, don't launch and iterate. For example I'm in Eastern Europe and I don't know any other company that has training data for my country. Also Andrew Karpathy improved the development framework a lot, I guess you looked at the autonomy day presentation. It was interesting (and shicking) to me that depth wasn't learned before from the cameras, I think it's crucial. Anyways I understand your sentiment, that's partly why I still prefer owning Bitcoin.