idiot_stick

11 ms·

61.
by idiot_stick 10y ago
> The transparency and humble tone is pretty unique. Humble is an understatement. The man is a piece of work, that's for sure. The HBO biographical documentary is insightful: http://www.hbo.com/documentaries/be
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by idiot_stick 10y ago
> Most real estate investing is significantly leveraged, to a larger extent than possible (or recommended) for stock market investing. But the market will adjust to cheap leverage. Easy money, house prices go up, you get less value per
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by idiot_stick 10y ago
> If you're going to buy stock in any company the number one reason has to be that you believe in its leadership. Why should this necessarily be the case? There are many reasons to buy a stock. Sometimes leadership is an issue, a
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by idiot_stick 10y ago
> Tesla is as much a car company as GM, BMW, Honda, and Toyota It often feels like the people discussing Tesla have zero experience with some of these other companies.
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by idiot_stick 10y ago
> Yes, Tesla said that the base Model 3 will be under 6 seconds for 0-60, and I'm perfectly confident in trusting them to deliver on that. This is different from a "fact". > Plan a drive from NYC to LA using the Superc
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by idiot_stick 10y ago
> These aren't speculation, they're facts. The base Model 3 will be faster 0-60, You know for a fact that a car that doesn't exist yet is faster than one that does? That's interesting. I, on the other hand, will wai
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by idiot_stick 10y ago
> I care because the Model 3 is almost certainly going to be a much better car overall I'll bet that the cars from Tesla and GM within similar price range will have similar features and performance. Why would you think that Tesla,
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by idiot_stick 10y ago
> I hope Model 3 can beat the Bolt in range. That would be a nice surprise. Why do you care whether Tesla has a good car or GM has a good car, rather than, overall, we have many good cars to choose from? > I know Musk has already men
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by idiot_stick 10y ago
> This company is firing (no pun intended) on all cylinders I ask this of all the bulls: at what price would you start selling TSLA rather than buying? If you don't have an answer than I question your analysis.
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by idiot_stick 10y ago
> No amount of metrics can or will justify a company like Tesla's current stock price. And this is incorrect. It's very easy to model things like "What if every person on the planet buys a Model S every year at X price a
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by idiot_stick 10y ago
> Parent post is about why using numbers is not necessarily correct because those numbers are based on assumptions that are not valid in Tesla's case. And my post is about how these things are just said, without any evidence. I t
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by idiot_stick 10y ago
> If they have profits, by definition they are not investing enough. So nobody deserves a return on risked capital? That's insane.
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by idiot_stick 10y ago
Do you actually know the scale at which car companies invest? Or do you just pretend to know that they "fail to invest" because that sounds fun in relation to Tesla?
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by idiot_stick 10y ago
Also highly competitive, low margin business.
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by idiot_stick 10y ago
He uses numbers, you use things like "not a car company" and "Maverick CEO". That's the difference between fans and investors.
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by idiot_stick 10y ago
Ad someone who has been accused of that, you're flat out wrong. There is a difference between Tesla, the car company (good) , and TSLA, the stock, which I belive is overpriced and has grey area accounting (bad). Sometimes they get conf
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by idiot_stick 10y ago
> He is the least terrible billionaire industrialist IMHO This is a great place to meet in the middle between the cynics and fanboys.
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by idiot_stick 10y ago
> Investors are not fools I hope you're kidding, because the counter examples to this are endless.
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by idiot_stick 10y ago
> It isn't a crime in the US, but I imagine that it is in the UK and many other countries. Yes, the US truly is one of the last bastions of free speech, believe it or not. Many other countries, including my own, can imprison you f
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by idiot_stick 10y ago
> If someone on the right (or even right-center) would say something along the lines of "I agree gender equity in the US is a problem, and we need to think hard about how to solve it, but I don't think allowing abortions would
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by idiot_stick 10y ago
> I think one senior person isn't enough in a case like this. How can you make a statement like this without knowing anything about the details of the case? We have an allegation; a big one, but that's it. How many heads wo
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by idiot_stick 10y ago
If you have a way to prevent things like this prior to their happening, I'm sure these newspapers (and many other industries) would love to hear it. Until then, things like this will happen. Assuming all media is bad because of th
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by idiot_stick 10y ago
> I feel this vilification of the media is far overblown. Trump's strategy of making everyone hyper-skeptical of the media is working then. When you think all news is fake you'll tend to stick you the sources that "you&q
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by idiot_stick 10y ago
> Leverage is only an advantage if your return is higher than your cost of borrowing. Which it is for housing, and many other investments. Only the bank won't lend you $500,000, backed by the government, to buy stocks. My qualm wi
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by idiot_stick 10y ago
> Housing is a service, and landlords, who provide this service, take principal risk as well as pay for maintenance, taxes, and other costs. You gloss over "other costs". Many anti-AirBnB people's concerns are precisely
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by idiot_stick 10y ago
> Real estate is one of the best ways to make long-term wealth The long-run real returns to real estate are essentially zero. TINSTAAFL. The only reason it's "profitable" for the average person is because the financial s
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by idiot_stick 10y ago
> When did this become a valid reason to regulate an activity? When you operate on the assumption that people aren't affected by AirBnB rentals in their buildings this is an easy argument. But sometimes people are affected.
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by idiot_stick 10y ago
> If the highest value use of apartments is short term rentals, why is it "sensible" to limit that use? As long as you're paying for the externalities (which in most cases of AirBnb rentals, you aren't ) then sure.
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by idiot_stick 10y ago
> So have six friends buy an apartment and split airbnb? I love how you make sound like it's no big deal to have six people split on an expensive capital asset like real estate, all to get around an AirBnB law.
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by idiot_stick 10y ago
I'm relatively tech savvy, but I'm not sure my significant other would know where to go if Google was down. DDG or even Bing are not top of mind. What else is there?

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