Scholarship table
But your point about me overusing "culture war" is right. I didn't need to keep restating the obvious.
IMHO, your point was wrong about Musk's oversight of his main company and about TSLA stock's related poor performance. Not sure why you have pretty consistently defended his unacceptable stewardship of Tesla and the loss of value that has brought to shareholders. But your point about me overusing "culture war" is right. I didn't need to keep restating the obvious.
I literally didn't defend him once there. I even said you could argue his antics and Twitter infatuation arrested the creative drive and vision of TSLA. Please show me where Ive been "consistently defending his stewardship of Tesla" throughout this Twitter saga. Cause thats an absolute lie. Ive not even posted about Musk in this thread for months. And in the Twitter thread, Ive spoken about his actions at Twitter, not at TSLA.I did say there needed to be a TSLA drawdown regardless of Musk. Thats not a defense, thats a fact. Even if he never bought Twitter, TSLA wouldn't be 900/1000/1100+ (pre split). Also fact is that a company's share price will decline as their multiples decline due to slowing growth or company maturity, unless revenues/profits keep surging to match that. In that I referenced AAPL, which has went from a 30+ (sometimes much higher) P/E in the early to mid 2000s so a mid teen P/E up until the COVID runups. I was mentioning nothing of how AAPL was run or how their company performance or leadership relates to Musk and TSLA.
Lawsuits, they're a-coming soon IMO."KoGuan Leo, an Indonesian billionaire and the third-largest individual shareholder of Tesla, is calling for the electric carmaker’s CEO, Elon Musk, to step down as much of his attention is focused on Twitter lately.Elon abandoned Tesla and Tesla has no working CEO,” Leo tweeted on Dec. 14. “Tesla needs and deserves to have working full-time CEO.”Leo proposed Tesla’s board of directors appoint a professional manager, someone similar to Apple CEO Tim Cook, as Musk’s replacement."https://observer.com/2022/12/koguan-leo-tesla-shareholder-oust-elon-musk/
Nouriel Roubini, Doctor Doom says deep recession on the way https://www.rt.com/business/568574-world-economy-train-wreck-roubini/
HermanI always appreciate your take on the economy and curious on your thoughts for 2023. I remain pessimistic and probably more concerned than I was even a few months ago. I do not see a lot of silver linings out there and think there are a lot of hot spots around the world. Again, I would love to hear your thoughts and hopefully you brighten up my view of 2023.
FedEx released surprisingly good earnings reports after the bell this afternoon.
Not surprised at all by this. They are charging the same price...for far less reliable or dependable service. Good chance we move our 5 figure international shipping budget, thats been with FedEx for 20 years, to DHL in 2023. They are so tied to Amazon that everything else takes a backseat.If you pay $200 for a shipment to Singapore or Mumbai on a Friday, and its delivered on a Monday for the last 5-6 years, even through Covid, but now it delivers on Wed, Thur, sometimes Friday (even though it says "expected delivery on Monday" still when shipping), I can't see how thats not significant cost savings and boosts to their bottom line.
If Musk steps down as Twitter CEO, the short term rip in TSLA is gonna melt some shorts faces off.