McLaren_Ferrari

5 ms·

1.
by McLaren_Ferrari 4y ago
Generally if trends will be transformative you see it from the get go. Zuckerberg keynote was received very coldly and the cartoonish avatars can't possibly be taken seriously in a working enviornment. The whole metaverse can't be
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by McLaren_Ferrari 4y ago
It completely destroys the mechanism of an auction. Especially an online auction During an auction you always know the price and hence the bids are somewhat incremental. You can bid in 1$ increments or even lesser increments. When the netw
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by McLaren_Ferrari 4y ago
The population is getting older too. Music is the most age dependant business. It's literally impossible to discover your favorite song at age 35+ and it's most likely already buried in your brain forever between 14 and 20. Same t
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by McLaren_Ferrari 4y ago
It's common among all genders and platforms not just twitter. Disagreement exists
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by McLaren_Ferrari 4y ago
the "current thing" must be destroyed at all costs
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by McLaren_Ferrari 4y ago
Buybacks and dividends are always a good idea. Companies should always do them, it puts the ball back into shareholders court. If Apple ever needs to shore up its supply chain they can do an equity raise by issuing stock, then shareholders
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by McLaren_Ferrari 4y ago
The "building in public" line of thought is that business/engineering is not special and is subject to the same laws as regular social interaction. Meaning familiarity, networking and feedback are vital for success. On the ot
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by McLaren_Ferrari 4y ago
> I say that humanity needs more long–term projects, not more short–term consumerism. Right. If this is so crystal clear then you'd not have any problems finding people who'd put up their own money instead of extorting them. Cr
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by McLaren_Ferrari 4y ago
Oh cmon. The money of regular taxpayers was the first in and the quality of life for them was the last out. The investment only started paying real dividends in terms of generalized quality of life in the 2010s. You want to say it was 35 ye
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by McLaren_Ferrari 4y ago
Except Buffett is not referring to index investing but to stock picking. Mostly it's long with leverage on a single stock. Most likely Tesla, GME, AMC.. If it's not stocks then it's crypto.
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by McLaren_Ferrari 4y ago
> I'm not sure why anyone us would put a lot of weight into their opinion about it. It's not about Soros opinion. It's about his track record predicting outcomes of political movements and how those impact the money market
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by McLaren_Ferrari 4y ago
> With all due respect to Paul McCartney, he is just a pop artist of his time. It's not even classical music, let alone CEO of cutting edge enterprises that are likely to change the world. Pop-culture phenomenons have nothing to do
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by McLaren_Ferrari 4y ago
The more disposable income and free time you have the more casinos look like an attractive venue for immediate self-gratification . The stock market changed because society changed. People have much more disposable income, much more free ti
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by McLaren_Ferrari 4y ago
Bitcoin is a socio-political movement. Buffett doesn't bet on political movements. It's that simple. There are many ways to skin a cat, especially in finance. Soros made most of his money betting on political and social trends. Pe
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by McLaren_Ferrari 4y ago
> Garmin introduced their StreetPilot in 1998. I didn't buy the first model, but when the StreetPilot III came out in early 2002 I jumped on it. That GPS served me well for many years. https://www.cnet.com/roadshow&#
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by McLaren_Ferrari 4y ago
> Do you only consider direct democracy where people can directly decide on each choice the government makes as legit? Humanity is like a plane at some point there is enough lift that unless somethnig traumatic happens the plane is in th
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by McLaren_Ferrari 4y ago
The conversation is about GPS for the general public and google maps. Those things emerged for the general public circa 2010. So 1970 to 2010 that's 40 years not 20. Also those who paid the lionshare of that were of course not young bu
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by McLaren_Ferrari 4y ago
People should give up. They should surrender to Musk and let the Elon-mania spread like a wildfire among the population. Opposing him only prolongs the mania. At some point such social phenomenons do end on their own. Paul McCartney couldn&
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by McLaren_Ferrari 4y ago
> Why Does the Tech Workforce Lean Left? Why do cities lean left? If the ideology of the right is based on individualism it's only natural that it cannot be the base of large social organizations. The organization reaches a certain
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by McLaren_Ferrari 4y ago
Can we focus on the general concept as opposed to partizanship? Thank you. It's the same for Kavanaugh, he's an expert in the field of law. Nobody would have doubted his character if he was as great at public image as say George C
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by McLaren_Ferrari 4y ago
Experts are busy being experts, hence they are not great at public image. You know who are the expert at public image? Politicians, influencers, musicians and actors. They are so great that they suck all the love and admiration out of the p
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by McLaren_Ferrari 4y ago
Profit without product leads straight to jail. Or if you can pivot fast towards a political carrer or a religious cult leader. The goal should be marketshare. That's the true measure of future profitability because it means that you ha
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by McLaren_Ferrari 4y ago
What makes you say that?
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by McLaren_Ferrari 4y ago
The themes and the vibe is very very similar to Star Wars. They are both successful because they speak to our best part and give us hope Of course the Bible is much more successful, but it also had like 100,000,000x the "marketing camp
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by McLaren_Ferrari 4y ago
For how I conceive business Musk is a borderline scammer. But I wholeheartadly agree with the above message. As you said new elements could come in to make you re-evaluate your admiration By the same token new elements could come in for me
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by McLaren_Ferrari 4y ago
> Musk is working like a dog, splitting his time between SpaceX and Tesla. For a guy who is working like a dog , he has plenty of time to tweet nonsense to the masses. And now he owns the asylum. But I think he's doing all the right
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by McLaren_Ferrari 4y ago
He'd not be able to do it in say 1985. It's the unprecendented amount of time that Americans devote to following pop-culture and Musk wants to become pop-culture squared. China is approaching this thing differently, they make it v
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by McLaren_Ferrari 4y ago
> Good To Great" (Jim Collins) was published in 2001 It was completely different social landscape, people participate in culture at a much higher rate today. The time people devote to catch up with latest social trends, celebrity ne
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by McLaren_Ferrari 4y ago
In a world where people work less and less and participate in culture more and more it only makes sense that CEOs become essentially influencers, self-promoters and politicians. The stock price isn't seen as a KPI anymore, back in the
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by McLaren_Ferrari 4y ago
By the same token it's impossible to say what goes on in the mind of an individual who goes through a sudden change in their personal evaluation of the asset they just bought. If they buy the title to the Golden Gate Bridge from you an

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