Scholarship table
Technically, he’s correct. Expectations on these launches, especially in their infancy at this capacity, should be quite low. He said 50/50 but I bet his engineers thoughts were much lower. He has plenty of government cheese to burn through
SpaceX is visionary. TSLA's vision for battery technology is visionary. He can be an a**hat and a petty douche and still be visionary in the way he's looked at things. If you want to argue he no longer is a visionary, I wouldn't oppose you at all. But I think its a very fair label for the Musk of the late 90s into the early 2010s as such.But then again, you're on record as thinking he's not particularly intelligent so its probably an unsellable argument.I do find it funny, for all his faults, that detractors of Musk are so quick to downplay his achievments by saying he wasn't the one engineering it, or he was just capitalizing on the inventions of others, etc...but the same people likely fawned over the VISIONARY Steve Jobs and what genius he was when he couldn't tell you what 90% of the stuff on a circuit board was and never programmed a line of Apple code.
There is a difference between, being a visionary oneself, and being part of a company that is visionary. He's not very involved in SpaceX (others on here have said the same thing). Most of the technology/ideas came from others, same with the early days of Tesla (and PayPal for that matter). Your experience is similar to mine and I concurThat's why I compared him to Edison, Edison was great at taking others great ideas and monopolizing it into a business. What makes Musk so successful, is he is equally adept at that. My personal opinion is that isn't visionary...the people that create those great ideas (like Nikola Tesla) are visionaries. But to get those ideas to mass market they do need someone like an Edison or Musk to leverage the business side.The above is a bit nitpicky, and is just my personal take on the phrase being "visionary." I think it comes from me being involved on the research/discovery side, where I have known a decent number of folks that have created medical treatments that have saved countless lives, but the business folks get called the visionaries for raising capital and putting it to market (still extremely important, because a good idea that isn't scaled doesn't help anyone), and usually no one even knows the people who were actually "visionary" in their research/discoveries.
From Seeking Alpha:Recession talk is all the rage, but the U.S. economy managed to eke out another gain in Q1, with GDP growth expanding by an annualized rate of 1.1%. That severely missed estimates of 2.0% growth and was slower than the 2.6% growth seen in Q4, but investors were excited nonetheless. In fact, the Dow (DJI) and S&P 500 (SP500) on Thursday notched their biggest gains since January, while the Nasdaq Composite (COMP.IND) scored its best winning session since March.What's going on? Many analysts and economists had predicted that a recession would already come in Q1, and while the U.S. economy is clearly shifting into a lower gear, the latest data may suggest that it also might be able to escape one in 2023. The numbers also support the case for the Fed to begin pausing its aggressive rate hike cycle, while consumer demand is still holding strong despite lower private inventories and residential fixed investment. Robust job growth has additionally outpaced layoffs, with the unemployment rate still at multi-decade lows, suggesting that Americans might be well-positioned to deal with inflation and economic uncertainty.Investors cheered the news yesterday, with the S&P 500 Index up 2% and Nasdaq up 2.4%.
I was reading this today. As I've mentioned before, my company is on the bottom of the food chain in metals and in multiple market types. I'm seeing a noticeable slow down of orders in the forecast, but I'm told it's because my customers "think" there is going to be a slowdown and they are choosing to burn inventory and keep their inventory lower after burning. Also, for example, one large international customer 2 months ago had a low forecast for May, but the orders dropped in April for delivery in May are double than what was in the forecast. Feels more like everyone is waiting for a shoe to drop that isn't dropping.
MU82,I know we've discussed OHI before, and IIRC you eliminated it from your holdings due to the risk. I cut my allocation by about 40%, very fortuitously in Feb 2020 right before the pandemic. I added back a very small amount in late 2022.Upside surprise to FFO just reported, but it was quite interesting that this is the most positive I've heard the CEO in at least 3 years, expecting increasing momentum in the next two Q's.Still an awfully fat dividend, and now a rosier outlook, depending on what your risk outlook is.
II bought a decent chunk of AAPL in the Fall of 2019. It's basically all the way back from It's all-time high. I am pretty much exclusively a long-term investor but I am curious if our Scoop gurus would hold onto it for say 20-25 yrs? It's a nice little chunk of change but the taxes of course would suck. Can I transfer it to our NIL fund tax-free?
been riding nividia since the mid 100's, tesla may get a little boost since ford announced it will be using it's charging format starting with it's 2025 vehicles
Nicely done on NVDA; hell of a turnaround the last couple months. Wish I had gotten in when you did. Agree on TSLA, which I do hold.
Muggsy, you bought AAPL at a great time. Your investment has probably tripled from the time you bought in (not to mention you get dividends!!). And, when you bought in, AAPL had just tripled from when someone on this board said it was a dead stock. What a tremendously bad take that was, remember that? Perhaps the worst take on a particular stock I have ever seen. Anyhow, I hold AAPL and will be keeping it for the long run. I would say 20 to 25 years from here is a possibility (I have already been holding it for almost 20 years, so what's another 20?). At some point I plan to sell shares on an annual basis for a number of years (helps reduce the tax hit). Also, don't worry too much about taxes. If you plan it right, things will be fine. You can sell a portion of your shares on an annual basis and probably limit your tax hit to 15% (long term capital gain) as opposed to your gain being taxed as ordinary income if you were to pull it from a tax deferred account. Looks like me, you, and MU82 can just keep holding APPL and watch it grow over the years. You made a great call in the fall of 2019.
apple's dividend history hasn't been much to brag about since 2014, no?i've been going heavier in to dividend stocks. i've held altria and bhp for a number of years. the others are more recent within the past year or so. pxd 11.44% dvn 9.32% wds 10.78% oke 6.51% bhp 9.16% MO 8.42%
Yeah, nobody invests in AAPL as a dividend play. But, if you look to pure total return, it has been one of the best investments of this century. If you are looking for income producing investments I would take a look at JEPI and VTS. Both produce a good income stream without too much risk.