OT: The Avalounge (mod warning - No Politics)

henchman21

Mr. Meeseeks
Feb 24, 2012
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See… this is the thinking that is so odd. Discount rates clearly do have a very direct impact on stock valuations. It is VERY simple, entry level finance equations. That isn’t all of it (stock sales, economic worries, covid, war, etc) but a very good portion. Nasdaq as a whole is down nearly 35% (troughed so far near 40%). Apple nearly 30%. Google over 40%. Meta 67%. Yet the better engagement headline will be a simplistic derivative. Elon plays a significant role in the drop (stock sales more than his actions)… but the changes in Fed policy and the resulting economic questions are likely 2/3s of what is plaguing the stock. We see that very clearly in the market as a whole otherwise the market would be in a very different place.
 

Pokecheque

I’ve been told it’s spelled “Pokecheck”
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The short seller mythos is really what you’re getting at and it really doesn’t hold water. Been through 12 years of it and it is the same story (that is mostly misinformation and half truths). He’s a flawed person, but if you’re looking at successful businessmen, you’re talking about a lot of flawed people. Even Steve Jobs was a complete shithead.

I don’t think a requirement for being good at business and running a company is being a good person. I’d argue, frequently, being a good person is actually a hindrance.
I agree a lot of men we consider to be barons of industry, whether their name is Rockefeller, Carnegie, Jobs, were complete and total assholes. But where I disagree is ranking Musk among them. If anything Musk's Twitter fiasco has not only shown that the Emperor Has No Clothes, but that he's a deeply disturbed individual from a shaky background who's decided to fully embrace and surround himself with the very worst of humanity because they're the ones who give him the praise he so desperately craves.

He's not just a "flawed person," he's a terrible person. But hey, Rockefeller was a slimebucket too...difference is that Rockefeller was at least good at business.

And no, I wasn't even referring to the "short seller mythos."

About the only thing I give him credit for that's a net positive is convincing the big automakers that there was an actual, viable market for EVs, but I feel like that's analogous to saying Bill Gates revolutionized computing in America.
 
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henchman21

Mr. Meeseeks
Feb 24, 2012
67,095
53,589
I agree a lot of men we consider to be barons of industry, whether their name is Rockefeller, Carnegie, Jobs, were complete and total assholes. But where I disagree is ranking Musk among them. If anything Musk's Twitter fiasco has not only shown that the Emperor Has No Clothes, but that he's a deeply disturbed individual from a shaky background who's decided to fully embrace and surround himself with the very worst of humanity because they're the ones who give him the praise he so desperately craves.

He's not just a "flawed person," he's a terrible person. But hey, Rockefeller was a slimebucket too...difference is that Rockefeller was at least good at business.

And no, I wasn't even referring to the "short seller mythos."

About the only thing I give him credit for that's a net positive is convincing the big automakers that there was an actual, viable market for EVs, but I feel like that's analogous to saying Bill Gates revolutionized computing in America.
Hey, believe what you want… I can say from many years of investing in Musk companies, the headlines and things people latch onto are the very same, half truth to outright lies, that have followed him for 5-10++ years. The short selling mythos of Tesla and Elon being a ‘fraud’ has just gone mainstream.

I’m not saying he’s a good person, not saying he’s perfect. I do say he gets results. It doesnt always happen in short timeframes or the attention spans that people have, but the results are very clearly there when you zoom out. Twitter is a TBD at this point and will be for while. It may not work under his leadership… but that doesn’t change what he has lead either.
 
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expatriatedtexan

Habitual Line Stepper
Aug 17, 2005
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This is fair.

One point… EVs are unlikely to be super ecological in very cold weather areas. It is possible (Norway and Iceland with a ton of renewable, hydro and geothermal energy), but places like the middle of Alaska are going to be difficult given the infrastructure. Lithium ion technology is a generation or two away from dealing with consistently cold temps well (basically anything consistent below 0F is hard but below 10-15f isn’t great. Consistently a key word). Places like where I’m at that are moderately cold (winter days between 10 and 30f with 25-30 being common), but also have super cheap energy (10-11 cents kWh)… it changes the whole equation. It isn’t everywhere, but 80-90%.

There have been many studies… a few released in the past few weeks… that EVs payoff their battery production early, even at the national average grid. 50-60k mi is in the higher end of the equation. Even if you don’t buy a Tesla, EVs are worth it and a good thing overall. Not a perfect solution, but a good one given how we depend on cars in today’s society. The sooner we get most people to communing on EVs, the better. Doesn’t need to be all, just most. Add to that solar, nuclear, wind and geothermal steps that are being taken, and we can cut our energy and CO2 output usage way down while not going backwards.
Yeah, but until the infrastructure (charging on the road when taking trips) and environment challenges (sub-arctic tundra conditions) are completely overcome, the true EV technology will have to continue to be a dream for me.

That being said, the gas-hybrid options out there are really impressing me, it doesn't solve carbon, but it does make it a lot more efficient...adding approximately 10 MPG in the city. Next car we buy will definitely be using that technology. Honda, Mazda and Toyota all have impressive small-mid-sized SUV hybrid options that I've begun exploring. Every couple of years I like to go through the research of finding out what vehicle I would buy...that way if our car breaks, I already have a very valid idea in mind.
 
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The Merchant

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This annoying new impressions feature makes all the more sense now
 

SirLoinOfCloth

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I love you all almost as much as I love Comeau's backpass on a breakaway. May your 2023s be more successful than that epic moment in Avs history, and may you celebrate harder than Duchene after potting his 30th.
 

dahrougem2

Registered User
Dec 9, 2011
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I've had a Samsung Galaxy S22 Ultra for almost a month now and I hate every second of using it.

I had been using Blackberry phones for over a decade but they finally stopped connecting to a mobile network last month. God I wish some company out there would create a 5G capable physical keyboard QWERTY phone that resembles the Blackberry Key2.
 
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Balthazar

I haven't talked to the trainers yet
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I've had a Samsung Galaxy S22 Ultra for almost a month now and I hate every second of using it.

I had been using Blackberry phones for over a decade but they finally stopped connecting to a mobile network last month. God I wish some company out there would create a 5G capable physical keyboard QWERTY phone that resembles the Blackberry Key2.
Learn to use your S22 properly instead. In a couple of months you'll be thankful.
 

Murzu

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Nothing about learning it properly. It's the physical keyboard that is missed. Nothing the S22 has will ever be able to make up for that loss.

I was like you for a long time. Loved the physical keyboard of my HTC Desire Z 10 years ago. Great phone, great keyboard.

I've gotten over it but it took time. You'll get used to it too.
 

Balthazar

I haven't talked to the trainers yet
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Nothing about learning it properly. It's the physical keyboard that is missed. Nothing the S22 has will ever be able to make up for that loss.
It won’t be missed soon enough, that’s what I’m saying.
 

RECKLESS

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Apr 23, 2019
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The new NHL game is so frustrating in roster terms lol. The Avs are as horrible as they have been this season, and the lines are just randomly assembled with Hudon in 1st line, Lehky in 4th etc. Need to fix them up before every online game. Why is ERod for example not back in the lineup? Update your frigging game, EA.
 

Foppberg

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Nov 20, 2016
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When I went from Android to Apple I HATED it. Then a month later it was okay, and now I love my IPhone. Humans suck at dealing with change.
 

The Abusement Park

Registered User
Jan 18, 2016
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When I went from Android to Apple I HATED it. Then a month later it was okay, and now I love my IPhone. Humans suck at dealing with change.
Not sure what it is about Iphones but I really enjoy it. But than again I don’t need anything special for my but phone and always buy 2-4 phones behind what’s current.
 

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