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You win the sour grapes award. Amazing how Tesla is worth a trillion and SpaceX over a hundred billion now, but it's all just a trick right? Each company connin

You win the sour grapes award. Amazing how Tesla is worth a trillion and SpaceX over a hundred billion now, but it's all just a trick right? Each company conning investors for almost 20 years now. Look at all the things they haven't accomplished.

ohgodplsno 5y ago
Tricking investors isn't exactly a high bar to clear either. But sure, you go on ahead and keep telling yourself that Tesla is worth more than the entire, combined auto industry when they can't even make cars with proper joints and door alignments.
- thrwawy283 5y ago
  We tend to think investors love to chase clouds. These ideas have existed for a long time, and making them a reality - of course - isn't easy. I tend to believe an investor is looking at how good a company can sell the idea to consumers, even if the tech isn't there yet. The company tricks the consumer - not the investor. People buy the half-finished tech, the company appreciates in value, and the investor very likely planned for this. Maybe the investor is more interested in snake oil than full self-driving automation. There are stupid investors out there, but they won't be investors for long.
  - ohgodplsno 5y ago
    >There are stupid investors out there, but they won't be investors for long. Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. The people who don't last long are you or I, people who can put 10k max. The large investors have more money than sense, and can afford to do so. > The company tricks the consumer - not the investor. If I give you the money to commit a crime, I am partly responsible for the crime. I don't know why, in your mind, investors should be treated differently, aside from hoping that you'll one day be the one that invests into a company and make loads of money tricking people.
    - signatoremo 5y ago
      > Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. Classic armchair expert. It’s amusing that when they made a fortune with Alibaba many people here dismissed it as luck, and yet when they lost money they became the worst investors ever.
      - ohgodplsno 5y ago
        That's not the point. Softbank has been bleeding money for years, pissing it off on some of the worst possible investments. You know what's happened to them ? Fuck all, because they simply have so much money that they don't really give a damn.
  - boppo1 5y ago
    >There are stupid investors out there, but they won't be investors for long. Not if the federal reserve has anything to say about it! Apparently that'll be changing soon, but the last 15 years or so was all about subsidizing stupid investors.

ohgodplsno 5y ago

Tricking investors isn't exactly a high bar to clear either. But sure, you go on ahead and keep telling yourself that Tesla is worth more than the entire, combined auto industry when they can't even make cars with proper joints and door alignments.

thrwawy283 5y ago
We tend to think investors love to chase clouds. These ideas have existed for a long time, and making them a reality - of course - isn't easy. I tend to believe an investor is looking at how good a company can sell the idea to consumers, even if the tech isn't there yet. The company tricks the consumer - not the investor. People buy the half-finished tech, the company appreciates in value, and the investor very likely planned for this. Maybe the investor is more interested in snake oil than full self-driving automation. There are stupid investors out there, but they won't be investors for long.
- ohgodplsno 5y ago
  >There are stupid investors out there, but they won't be investors for long. Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. The people who don't last long are you or I, people who can put 10k max. The large investors have more money than sense, and can afford to do so. > The company tricks the consumer - not the investor. If I give you the money to commit a crime, I am partly responsible for the crime. I don't know why, in your mind, investors should be treated differently, aside from hoping that you'll one day be the one that invests into a company and make loads of money tricking people.
  - signatoremo 5y ago
    > Softbank seemingly hasn't ran out of money, despite making about the worst investments anyone can have done. Classic armchair expert. It’s amusing that when they made a fortune with Alibaba many people here dismissed it as luck, and yet when they lost money they became the worst investors ever.
    - ohgodplsno 5y ago
      That's not the point. Softbank has been bleeding money for years, pissing it off on some of the worst possible investments. You know what's happened to them ? Fuck all, because they simply have so much money that they don't really give a damn.
- boppo1 5y ago
  >There are stupid investors out there, but they won't be investors for long. Not if the federal reserve has anything to say about it! Apparently that'll be changing soon, but the last 15 years or so was all about subsidizing stupid investors.