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> a striking rise in investor interest in electric vehicles, autonomous cars, AI, and software companies ranging from consumer-facing companies like Facebook an

> a striking rise in investor interest in electric vehicles, autonomous cars, AI, and software companies ranging from consumer-facing companies like Facebook and Google to complex enterprise products like Snowflake ... Or, a striking rise in investing in whatever the mob thinks will make money, even when it is not, from tesla to bitcoin. If they were investing in the future they 'd be investing in ModeRNA / Biontech

renewiltord 6y ago
Well, they did that too...
- Slartie 6y ago
  But those stocks' rises pale in comparison to the rises of some of the aforementioned securities - particularly Tesla. BioNTech/Moderna are poised to income streams of billions of $ through guaranteed sales, with the very real possibility of more to come if either revaccination is necessary or there are more applications for the mRNA technology. With that in mind, they are quite conservatively valued by the market right now.
  - A12-B 6y ago
    Moderna has not been distributing its vaccines fast enough internationally. There is a timer to these things you know, because the virus can mutate more. For that reason I'd rather put my investment in 3D printing or something.
    - cblconfederate 6y ago
      OTOH the mRNA vaxs can mutate as fast as the virus.
    - Slartie 6y ago
      It's a weekend of work to change the spike mRNA in both mRNA vaccines to accommodate a new virus mutation. An additional 4-5 weeks for production to take this new formulation from code to finished vaccine. So in a matter of 6 weeks total, a variant can be countered by a new vaccine variant, if necessary. Since the results of the regulatory tests and safety and efficacy validations can mostly be transferred for slight vaccine modifications (at least that's my state of knowledge), a variation should not have to go through the entire chain of test phases again before it can be cleared for use. If anything, the prospect of mutations can only be seen as a significant moat for mRNA vaccine manufacturers, because their technology is the fastest when it comes to such adaptions.
      - jfk13 6y ago
        > Since the results of the regulatory tests and safety and efficacy validations can mostly be transferred for slight vaccine modifications Is that kinda like saying the 737-MAX wasn't really a new type of plane?
- cblconfederate 6y ago
  Saving the world economy from a pandemic and creating the equivalent of a vaccine printer = 2x their stock price. If anything i d say investors are being pessimistic
  - alisonkisk 6y ago
    Or they realize that the vaccine is temporary and vaccine companies aren't able to extract rent from saving the economy, due to either competition or government/social pressure.
    - deleted 6y ago
      [deleted]
    - cblconfederate 6y ago
      The mRNA tech is a vaccine and future cancer cure printer, the proof of concept should be enough for people to realize the enormous potential
jimbob45 6y ago
In fairness, electric cars are the future and everyone knows it. Sure, the company Tesla may not be the exact one to steer the ship in 20 years, but it’s not like we’re backing zeppelins here.
- cblconfederate 6y ago
  Electrification of cars does not justify trillion dollar investment. It's already a solved problem, it needs incremental investment to scale horizontally. Making the cars and the charger network is the kind of thing that is easily commodified and outsourced. The more challenging problem will be to provide adequate electricity for the cars. Self-driving is a pipe-dream and a marketing vehicle, not gonna happen anytime soon.
  - fiachamp 6y ago
    Maybe a solar and energy storage investment would help...
0x008 6y ago
The biotech sector actually outperformed the tech sector last year.
A12-B 6y ago
Why is everything a large group of people do collectively called a 'mob' these days, for everything? Is no one allowed to do things together anymore without being chastised?
- cblconfederate 6y ago
  because mobs act impulsively and blindly follow the leaders
  - alisonkisk 6y ago
    Not the leaders directly; the mob follows each other.
- gremlinsinc 6y ago
  >Why is everything a large group of people do collectively called a 'mob' these days? These days? It's always been thus. The Roman Poet Juvenal who said: "It is all too easy to fall from power – like Sejanus. The mob follows Fortuna and cares for nothing but bread and circuses." (Circuses can also be games, or in modern times TV, Games, Netflix, Reddit, etc...). You ever see Gladiator? Lucilla: "The gods have spared you. Today I saw a slave become more powerful than the Emperor of Rome." Maximus: "The gods have spared me? I am at their mercy, with the power only to amuse a mob!" Lucilla: "That is power. The mob is Rome. And while Commodus controls them he controls everything." We have a literal cult controlling at least 40% of the minds of the USA (QAnon). A literal mob almost led a successful insurrection. (If they were more organized, they would've had a higher body count). A literal mob, possibly manipulated by finance majors orchestrated a pump-and-dump under the guise of "stick it to the man", just disrupted wallstreet in a pretty spectacular way. Sure, they did stick it to the man, for a bit - but I'm sure a lot of people also lost their ass on this. In a mob there's a bunch of people who basically just are following a fluid current in history, most are unaware as to why and the best answer is probably: "I wasn't doing anything else, so why not?", or "So and so told me, and I trust them" and often that trust is mis-placed, like believing a highschool dropout's opinion on climate change instead of the consensus by 90%+ of the leading scientists across the globe.
starfallg 6y ago
I agree, that is such a bad take. And the reason we have a renewed asset bubble in the midst of a unprecedented economic contraction is purely because of stimulus and QE.

renewiltord 6y ago

Well, they did that too...

Slartie 6y ago
But those stocks' rises pale in comparison to the rises of some of the aforementioned securities - particularly Tesla. BioNTech/Moderna are poised to income streams of billions of $ through guaranteed sales, with the very real possibility of more to come if either revaccination is necessary or there are more applications for the mRNA technology. With that in mind, they are quite conservatively valued by the market right now.
- A12-B 6y ago
  Moderna has not been distributing its vaccines fast enough internationally. There is a timer to these things you know, because the virus can mutate more. For that reason I'd rather put my investment in 3D printing or something.
  - cblconfederate 6y ago
    OTOH the mRNA vaxs can mutate as fast as the virus.
  - Slartie 6y ago
    It's a weekend of work to change the spike mRNA in both mRNA vaccines to accommodate a new virus mutation. An additional 4-5 weeks for production to take this new formulation from code to finished vaccine. So in a matter of 6 weeks total, a variant can be countered by a new vaccine variant, if necessary. Since the results of the regulatory tests and safety and efficacy validations can mostly be transferred for slight vaccine modifications (at least that's my state of knowledge), a variation should not have to go through the entire chain of test phases again before it can be cleared for use. If anything, the prospect of mutations can only be seen as a significant moat for mRNA vaccine manufacturers, because their technology is the fastest when it comes to such adaptions.
    - jfk13 6y ago
      > Since the results of the regulatory tests and safety and efficacy validations can mostly be transferred for slight vaccine modifications Is that kinda like saying the 737-MAX wasn't really a new type of plane?
cblconfederate 6y ago
Saving the world economy from a pandemic and creating the equivalent of a vaccine printer = 2x their stock price. If anything i d say investors are being pessimistic
- alisonkisk 6y ago
  Or they realize that the vaccine is temporary and vaccine companies aren't able to extract rent from saving the economy, due to either competition or government/social pressure.
  - deleted 6y ago
    [deleted]
  - cblconfederate 6y ago
    The mRNA tech is a vaccine and future cancer cure printer, the proof of concept should be enough for people to realize the enormous potential

jimbob45 6y ago

In fairness, electric cars are the future and everyone knows it. Sure, the company Tesla may not be the exact one to steer the ship in 20 years, but it’s not like we’re backing zeppelins here.

cblconfederate 6y ago
Electrification of cars does not justify trillion dollar investment. It's already a solved problem, it needs incremental investment to scale horizontally. Making the cars and the charger network is the kind of thing that is easily commodified and outsourced. The more challenging problem will be to provide adequate electricity for the cars. Self-driving is a pipe-dream and a marketing vehicle, not gonna happen anytime soon.
- fiachamp 6y ago
  Maybe a solar and energy storage investment would help...

0x008 6y ago

The biotech sector actually outperformed the tech sector last year.

A12-B 6y ago

Why is everything a large group of people do collectively called a 'mob' these days, for everything? Is no one allowed to do things together anymore without being chastised?

cblconfederate 6y ago
because mobs act impulsively and blindly follow the leaders
- alisonkisk 6y ago
  Not the leaders directly; the mob follows each other.
gremlinsinc 6y ago
>Why is everything a large group of people do collectively called a 'mob' these days? These days? It's always been thus. The Roman Poet Juvenal who said: "It is all too easy to fall from power – like Sejanus. The mob follows Fortuna and cares for nothing but bread and circuses." (Circuses can also be games, or in modern times TV, Games, Netflix, Reddit, etc...). You ever see Gladiator? Lucilla: "The gods have spared you. Today I saw a slave become more powerful than the Emperor of Rome." Maximus: "The gods have spared me? I am at their mercy, with the power only to amuse a mob!" Lucilla: "That is power. The mob is Rome. And while Commodus controls them he controls everything." We have a literal cult controlling at least 40% of the minds of the USA (QAnon). A literal mob almost led a successful insurrection. (If they were more organized, they would've had a higher body count). A literal mob, possibly manipulated by finance majors orchestrated a pump-and-dump under the guise of "stick it to the man", just disrupted wallstreet in a pretty spectacular way. Sure, they did stick it to the man, for a bit - but I'm sure a lot of people also lost their ass on this. In a mob there's a bunch of people who basically just are following a fluid current in history, most are unaware as to why and the best answer is probably: "I wasn't doing anything else, so why not?", or "So and so told me, and I trust them" and often that trust is mis-placed, like believing a highschool dropout's opinion on climate change instead of the consensus by 90%+ of the leading scientists across the globe.

starfallg 6y ago

I agree, that is such a bad take. And the reason we have a renewed asset bubble in the midst of a unprecedented economic contraction is purely because of stimulus and QE.