bb822

3 ms·

1. 1.▲
   by bb822 7y ago

   One way I think of Renaissance and some of these other quant funds is almost a retirement package for so many of these academics and researchers. As has been mentioned elsewhere, these are some of the best and brightest people from their fi
2. 2.▲
   by bb822 7y ago

   Sure maybe it would look like that if Tesla were in fact Amazon. But Tesla makes cars, they don't sell tablecloths and rent servers. There is very high operating leverage in Automotive manufacturing. Hence why this cycle continues fo
3. 3.▲
   by bb822 7y ago

   The inanity of the comparison knows no end... If you think Tesla and Amazon are similar businesses in any way, I have a short-term, tech-enabled, real-estate company to sell you, too.
4. 4.▲
   by bb822 7y ago

   You're right, the goal isn't to be profitable next year, it was to be profitable this year. Actually, Elon said "I am optimistic about being profitable in Q1 and all quarters going forward," not even a year ago. So much
5. 5.▲
   by bb822 7y ago

   Right, the Business Roundtable, led by venerable and respected institutions such as Goldman Sachs, JP Morgan, Exxon, Chevron, General Dynamics, and--wait for it-- Amazon. It's virtue signaling.
6. 6.▲
   by bb822 7y ago

   Cool. The point was that his comment was a non-sequitor. The EU strengthening Google's monopoly position will not make advertising go away.
7. 7.▲
   by bb822 7y ago

   ... What?