jonknee

42 ms·

391.
by jonknee 8y ago
Small nitpick, he's the CEO, but not the founder. Tesla loves to forget telling this part of the story, but it was founded by Martin Eberhard and Marc Tarpenning in 2003. Elon invested the next year, but didn't become CEO until 20
392.
by jonknee 8y ago
Ah yes, overpay so you can stick it to the big mean short sellers. Might as well go for 50% premium with that logic!
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by jonknee 8y ago
It's rare for word of mega deals like this to not leak out in some fashion, doubly so after it's already been tweeted about by the CEO. If they had seriously been shopping this deal it would have already been in the WSJ. Consideri
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by jonknee 8y ago
Sure, but they didn't start from zero. If you sold short at $350 the amount to cover is $70. Options are also a common way to hedge, so it's really hard to say what the total loss would be.
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by jonknee 8y ago
It's Wall Street and there would be rumors if someone was shopping the largest LBO ever. It's not like there are a lot of places you can go for this service, Tesla isn't going to back out on the deal because it leaked your ba
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by jonknee 8y ago
By paying a large premium to the all time high? If he's worried about the stock going down, paying more for it doesn't make a ton of sense. You should wait until the stock is down and then take it private.
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by jonknee 8y ago
He tweeted that he had funding and in the email mentions no funding. This is a really weird announcement that feels like an empty pump of the stock. He could have chosen any number...
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by jonknee 8y ago
But Movie Pass charges the same amount no matter where you live so you'd expect it to be much more popular in expensive places. It would be challenging to come up with a worse business model than Movie Pass.
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by jonknee 8y ago
Sure, all he's saying that in a perfect world you could give the best price to people you like.
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by jonknee 8y ago
That wasn't related to zero expense ratio index funds, but instead on the foreign exchange derivatives market. Matt's point is that the worst clients get the best pricing and the people you'd normally want to have as clients
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by jonknee 8y ago
Is there? For large index ETFs that is surely done by broker dealers arbitraging miniscule pricing differences between the underlying and ETF price.
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by jonknee 8y ago
> I spend about 95% of my earnings every month > I live a privileged life yet I have only accumulated $80,000 in assets Maybe you should save more? Even just spending 90% would make a huge difference and then you can continue to live
403.
by jonknee 8y ago
Obviously there is more wealth, the point was stated: "beyond a certain level of wealth it doesn’t make your life any better." Another billion or even $100 billion isn't going to change Warren Buffet's life at all. In fa
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by jonknee 8y ago
As a radius though, that makes for a huge area.
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by jonknee 8y ago
There have been several. Saudi Aramco is one right now (and has been for some time), but it's not publicly traded. http://www.visualcapitalist.com/most-valuable-companies-all-...
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by jonknee 8y ago
It's a tax efficient way to deliver value to shareholders. If you want to be an Apple shareholder, you'll definitely be happy owning a slightly larger piece of Apple. You may or may not want to own Netflix, but if you do you can a
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by jonknee 8y ago
These are some very closely held numbers, they're not going to send them to marketing to make pretty before they are released.
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by jonknee 8y ago
Because most of the time when you publish something that gets sold part of that money goes back to you? For someone who isn't in academia it seems weird and pretty obvious that you're getting scammed. The answer probably isn'
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by jonknee 8y ago
The split adjusted 52-week high for HMNY (parent company) is $9,714.37 and it closed today at $.80... That is impressive!
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by jonknee 8y ago
> It is a shame, because there is a real issue in the US with movie theaters that are mostly empty due to Netflix and other "At Home" offerings Theaters are just about as busy as they have ever been and are at revenue highs. It
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by jonknee 8y ago
Probably because they have high marginal costs (a lot of the ticket price goes to the studios). It would be like a music venue selling you a subscription, but then has to pay the band most of the subscription price if you show up once. I
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by jonknee 8y ago
In many places the interstate system late at night in the US is majority trucks. There may be restrictions in residential areas, but on a highway you can drive a truck at any time of the night on whatever day you'd like.
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by jonknee 8y ago
No, but they can react to those situations much better than a human driver and then wait on the side of the road for help.
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by jonknee 8y ago
In the US at least the highway system is littered with weigh stations, those would be perfect locations for "last mile" transfers.
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by jonknee 8y ago
Because for a long time (critically, when PHP was very popular) it was quite slow. It has gotten better, but a lot of people haven't used it since it was slow.
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by jonknee 8y ago
> Don't be that guy She/He's not. One request can supply 100 IDs. > So here are 2,000 posts, spread out over 20 batches of 100 that we download simultaneously. It assumes you’ve already got the last post ID loaded into
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by jonknee 8y ago
And a critical difference, your gym doesn't lose actual money any time you visit. They may not want everyone to visit all the time, but it doesn't drain their bank account anytime you enter the door.
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by jonknee 8y ago
> I'm pretty surprised of the high number of Apple Music subscribers. As hinted at the end of the article, geographic, but also age distribution would be interesting to see. Just shows the power of controlling the platform.
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by jonknee 8y ago
What happened before they whiffed on earnings doesn't matter, new information came out and the market ran away from Facebook like it was contagious. 32,725,304 FB shares have traded after the bell, that is a "real market". Th
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by jonknee 8y ago
Sure, but it would be a massive amount of work to go collect millions of samples and sequence them. Like how researchers are using the data to solve crimes, you need a large set of data to get good results out of. In my scenario you would

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