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Videos (1000) | Sift Talk (85) | Blogs (157) | Comments (1000) |
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Why I’m ALL-IN On Tesla Stock
Duly noted.
Sift animosity aside, given and taken. I truly desire all to succeed.
Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.
I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.
You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.
I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.
Every hard crash recovers, eventually.
If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.
I do watch markets daily.
I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.
And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.
Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.
Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.
“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.
That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.
Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.
What were you thinking?”
-- Scott McNealy was the CEO of Sun Microsystems
2002
At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.
TSLA is at a P/E of 175.
There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.
In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.
People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.
Save your money, Bob. Cash is king. And fuck BTC.
Americans Tell NBC, “Blown Away” By Bidenflation,
I do….and I can list reasons why I think what I think, unlike yourself who is embarrassed to admit you never actually think yourself and all your arguments come from disgraced and debunked liars who’s jobs are to lie, almost exclusively when it comes to any political topic.
The ship only turns so fast. It needed SO much correction on SO many issues because the last demander in chief refused to steer the nation anywhere but into a reef for the last entire year of his term….the last 3 months totally intentionally while he drilled holes in the keel and cut holes in the sails.
The nation certainly needed serious and immediate correction. Glad to hear you admit it, even accidentally.
You’re complaining about more spending!? You must be joking! Compared to spendthrift Trump, he’s a fucking miser. Every major project he’s put forward has been paid for in the bill, not so with the last administration that thought they couldn’t overspend because they can print more money….the biggest deficit and fastest debt rise (both by dollar and percentage) EVER by a mile. And put us in a recession with high inflation, negative GDP, outrageous unemployment, and near a million dead for the privilege. Joe invested in American infrastructure. Complaining about spending will not be tolerated from you after supporting Trump. Not for a second, you unbelievable hypocrite.
He did many things, leading to a healthy economy and amazing jobs numbers and rising wages among other improvements. All work against inflation.
But you like to say he’s done nothing, so how’s 4 examples on the Afghanistan disaster alone work for you?
He negotiated 6 more months to be gone.
He evacuated any and all Americans that wanted out, including those that waited until the last day.
He set up and staffed new systems (granted too little and late) to assist Afghans that worked for us in getting at least refugee status if not visas. This should have been step 1 in February 2020….likely a big surprise to find nothing started or planned when Joe took office.
He pulled out billions worth of functioning, still owned by America weaponry (what you love to whine about is the weapons in Afghani’s hands, and decommissioned often scuttled vehicles we abandoned….yes, a waste) that before he took office were being left in country.
Simply put, he made a plan and implemented it, can’t say the same for his predecessor. It wasn’t perfect, but it was something….which is a massive improvement.
He’s a mile above the low bar set by your idol, who spent nearly a full 1/3 of his presidency off playing golf (after promising not to play at all), and >1/2 of every day on personal executive time eating junk food and watching TV (but only ever taking softball questions from far right outlets, refusing any non right wing reporters a question much less interview). The remaining 1/6 was largely filled with rage tweeting and executive toilet time (pooping or shredding, you choose).
Your position is old, dementia ridden, no leadership, no question taking, slow, incapable of speaking or thinking, doesn’t know who or where he is Joe kicked fat lazy dumb Don’s ass without even holding rallies, did it in his pjs without breaking a sweat or raising his voice. Odd you love to constantly degrade the guy who’s by every measure head and shoulders above your messiah and proved it by a historic landslide. Seems you wouldn’t want to keep putting Trump down as a massive total loser to such a sad, weak, incompetent opponent, but you gotta be you.
If you think this is Trumps fault, think what you want?
But
This is on Biden, commander in chief. It is his job to steer the ship. To correct the direction of the nation.
What has he done to correct this? NOTHING, except more spending , making this worse.
Biden use by date has long expired. He has no leadership ability, He cant take questions He is kept from media and public for fear on looking tool old and too slow and unable to speak intellectually. His days are in the past.
Report” Blames Biden Administration For Chaotic Withdrawal
Yes, Bob. You’ve been so consistently insultingly intentionally dishonest that, even if you might have a point, for instance, even though Biden bears SOME responsibility for problems completing Trump’s withdrawal while those Trump released from prison without consulting the Afghan government were quickly taking over the country, no one is going to hear it from you.
Why would they? 98.6% of the time, the few clams you make with a basis in fact turn out to be misrepresentation, twisting of fact, or pure lies you’ll admit were lies once I no longer matters (like after both impeachments). When you cheer for Trump or against Democrats, most people ignore you because you are invariably spouting dishonest nonsense anyone with two brain cells can see right through.
This is the price of being a dishonest Trumpist propagandist for years. Your credibility isn’t just shot, it’s shot, stuffed, mounted, and hanging on your wall as a trophy kill.
Biden beat Trump. Every time you degrade him, you only make daddy Trump weaker, since old and slow grandpa Joe beat the crap out of the Tangerine Palpatine. Joe won, he’s a 100% success at his presidency, it was the only promise he has to keep…..he cannot fail now, it’s impossible.
Also, Biden not being able to perfectly clean up all the disasters Trump left in multiple steaming piles on the Oval Office rug is not exactly a ringing endorsement of Trump either. FYI. He’s done pretty good on cleaning most spots,- economy, jobs, even Covid (among the non cultists), but the stains and scent will linger for decades.
Biden’s first year as President: A Beatles remix
You’re right, it was a GREAT year for Joe, America’s economy, and pocketbooks. The best gdp growth in decades (CDGDP up 10%), amazing jobs numbers (6.4 million!), and the fastest stock market rise that put money in even your wallet.
2020 was the no good very bad year where jobs, gdp, and the stock market plummeted like never before.
Such a dumb tool, Bob. “Democrats are awful, Trump is great….reality be damned.”
Forget 22 and 24….Biden is going to use Trump’s plans, so no vote totals ever, sieze voting machines before tabulation, claim all Republican votes are fraudulent and discard them, and use the military to crush any dissent. If that doesn’t work, Kamala will just certify the alternate electors and they’ll vote for Biden. Perfectly legal, moral, ethical, and democratic right? Enjoy, you already say that’s totally reasonable and legal. Turnabout is always fair play. D’oh
Not a good year for Joe.
Not a good year for the American pocketbook.
The Death Couloir - Mont Blanc
Therein lies the problem: most people HUGELY over-estimate their 'Acceptable risk level'.
- "This crumbling cliff edge above a 1,000 foot gorge is the PERFECT place for a selfie!" (one of the saddest deaths in WA was when one of the best skiers in the state decided to look over the edge of a cornice. It gave way and she fell almost a thousand feet to her death.)
- "100f and 0% humidity? What a perfect time to go for a 10 mile, uphill hike with only a can of Coke and some salty beef jerky!"
- "10 essentials? Beer, pot, lighter, cellphone, hat, earbuds, that little map they give you at the visitor center, more beer and is that 10?"
- "I can read a map just fine! This off-trail hike through a rugged part of the park will be breeze!"
- "I can get signal anywhere in this enormous national forest!"
- "Aww! What a cute little baby bear!"
- "Can we get an Uber at the bottom of this ravine?"
- "Let's go swimming! This raging river of snow melt will be the perfect place to cool off!"
etc etc etc
Rate the daily danger level, sure, and allow adults to choose their acceptable risk level.
Please Clean Up Your Dog Poop
Come on….the dog was only startled….it was perfectly fine after the initial hop off his yard, not acting a bit scared IMO.
I say kudos for not letting her make ridiculous excuses, which she seemed to be attempting.
Asshole for intentionally leaving shit in his front yard. Turnabout is fair play, so invocation of *asshole ignored. 😉
asshole for scaring the dog like that
and continuing on while shes cleaning it up
bobknight33 (Member Profile)
OMG! Rand Paul actually uncovered the Democrats secret method for stealing elections….convincing likely voters to vote, and convincing them to vote Democratic….making it easy to legally vote, then actually COUNTING those perfectly legal and unaltered votes!
Holy shit. What a subversive plan to steal elections. Republicans are incensed, apoplectic at this perfectly legal and ethical ploy and vow to stop it.
The same Republican leader who recently argued…. "The idea of democracy and majority rule really is what goes against our history and what the country stands for."
Jesus
Fucking
Christ
🤦♂️
PERFECT TIMING From Level 1 to Level 100
Very obviously inspired by Dude Perfect.
Nicely done, nonetheless.
bobknight33 (Member Profile)
Yes, duh Bob.
Trump polling at 36% was worse, so you just claimed fake polls. He inherited a strong robust economy, a system to protect from epidemics, far less debt and deficit, and no pandemic…no crisis. I don’t argue Biden’s popular, like you do Trump despite reality, I only argue he’s a vast improvement, the best that could be hoped for under the disastrous circumstances one Trump term put the nation in.
The people coming, largely Haitians, almost all say they’re coming because they saw American politicians say the American borders are open and accepting everyone. Those are Republicans saying that, lying to get their base riled up, but the Haitians living in South America don’t know that, they think they are being invited by the Republicans. Look into it, you’ll see that’s true if you do. Biden sent many back to Haiti, Trump liked to dump them back in Guatemala to try again.
This energy independence myth, just quit. We were not. There was a world wide oil glut in 2020 because the pandemic lowered demand so much suppliers actually gave it away at one point….that was not some genius Trump energy plan bearing fruit, it was the economy and industry collapsing thanks to an avoidable pandemic. As the economy recovers, so does demand but not production. You seem to want to blame Biden for basic economics.
My gas is the same as 2019+-$.25….you want to compare to 2020 because gas was cheap thanks to Covid. Yours might be more for some political reasons, like your unprotected pipeline got hacked by Russians, but you need to prove it, then prove Biden’s failure caused it, not just say it, and not by cutting and pasting some talking head’s opinion. My assessment is he’s improved security on infrastructure but I’m open to evidence to the contrary.
Lowering corporate tax rates didn’t lower unemployment significantly, it raised upper management compensation and corporate profits. Investing in infrastructure will.
That’s good you don’t want to debate more Covid deaths, because there’s more than enough blame for both sides even if you don’t look at 2020 that was all Republican stoked (anti mask, anti social distance, anti contact tracing). Keep in mind, since Jan, >90% of all cases are in the intentionally unvaccinated population, almost 100% of deaths, and remember who they are and who they follow…not Biden. Covid deaths this year are nearly 100% caused by political division and misinformation created and spread by one political side. Guess which. That’s not to say Biden’s perfect, he should have implemented vaccine mandates Jan 21, no exemptions without permanent quarantine, what was needed to stop more deaths by stupidity, but he doesn’t have the balls for dictating. You should be so grateful for that.
Blaming the Chinese without proof, or even evidence they are to blame, just supposition, is outrageously dangerous and provocative. Accusing them of creating and releasing it on purpose….against themselves….is simply asinine and proof you aren’t thinking for yourself or at all.
Mid terms always go to those not in power, so yes, 2022 will likely return congress to partial Republican control, which you will call a massive mandate against Biden unlike when it happened in 2018 and you just whined that it’s unfair.
>26% of Americans are Republicans. The rest are what you call socialist communists because you don’t know what those words mean. Your party does not represent your (alleged) country….and is shrinking. Democrats aren’t even my party, they are just the only achievable adversaries to the madness of the right at this point in time. Given a better option, I would jump….you can’t say the same. You’re deep in the death cult of personality the Right has become…a true believer.
Biden got money no president in my lifetime has to invest in America. Bridges, Roads, Airports, New water systems, Digital communication improvements, Overall improvements and long deferred maintenance of rail, New funding to fight increasing wildfires (Brandon)…all the things absolutely necessary for the nation to function as a first world nation. He’s already a big winner, and if we aren’t speaking Mandarin in 3 years he still will be. The fruits of his legacy will be enjoyed for decades to come, Trump’s legacy is economic failure, failure to protect from a preventable epidemic, massive unemployment, an administration so corrupt that the convictions of people in his administration or campaign almost certainly outnumber the prosecutions of members of all previous administrations combined while the severity of their crimes outweighs the combined national injury caused by all previous political crimes, and a division so strong one party actually tried to destroy democracy and install a dictator.
History is the judge of any administration, not the midterm, and history will look kindly on Biden, no so for Trump, mired in constant criminal scandal and failures to this day. The only president in our history to not peacefully transfer power, to be impeached twice, who clearly put his own interests above those of the nation at every opportunity. Death and division are his legacy.
Merry Mithra’s season.
Biden’s poll numbers are better than Trump’s despite the disaster he inherited from Trump. Duh.???????????
Polling at 39% is terrible. Yep 60% of Americans think Biden is not good.
disaster inherited ?> Things are worse today then the day Biden took office.
Border crossing was under better control.
American finally had energy independence.
Gas was at least a buck less.
Really spending extra 20$ a tank is "better"
Inflation running between 4 and 6 %.
These are all bad for Americans. Biden policies created these failures.
4.2% unemployment is awesome. This will still great until Democrats mess with cooperate tax rates then the ship will slow back down.
I'm not even going to blame Biden Admin for more covid deaths under his watch ( even with vaccine) than Trumps. Its a loose cannon with ebbs and flows.
Not blaming the Chineese for this death cannon is his and the UN fault. Just goes to show how paid off people are on a global scale.
2022 will be the judgement of this administration.
Taiwan: Last Week Tonight with John Oliver (HBO)
I don't know, but there's a few things that concern me:
1. Underestimating your advisory. We did this with Japan in the lead up to WW2. Great powers always fight the last war they won. In our case, that's WW2. China learned from the war they lost as well: WW2, and they're not going to make the same mistakes twice.
2. Ambiguous defense posture. This is how England got dragged into WW1 due to an uncertain position if Germany invaded France. Germany gambled that England wouldn't get involved because it had no spoken mutual defense agreement with France. Had the defense pact been made readily clear, it's possible Germany wouldn't have invaded.
2. Use it or lose it weapons. In WW1, one of the main issues with the initial invasion was train schedules. Things had to go perfectly to get men and material to the front line and any hiccup could delay a military victory. Once the very first German troop train left the station, there was no way to stop the invasion. Now we've got a situation where a war over Taiwan would be won or lost in about an hour of the first shot. China knows that should the US get involved, China's military assets are going to be blown up and fast. This puts China in a situation where they might choose the launch everything in a maximum impact first strike. Faced with overwhelming damage, the US would be forced to make some hard choices about how to respond. Would it go nuclear? It's according to how much Taiwan means to us.
"It won't happen". Go to Europe and see how many tombstones bear that inscription.
I'd say 50/50.
🦇
What % do yo think China will invade Taiwan under this administration?
60% chance?
Monkey malfunction
That's monkey magic with perfect misdirection.
The Matrix Halloween Light Show with "Wake Up" by RATM
The Matrix paired with the perfect Rage Against The Machine song and a brilliantly choreographed light show. What is there not to love.
Honest Trailers | Dune
Hardly the perfect film, but was my introduction to DUNE and i found it to be a fantastically captivating story. *promote
Why I Give Abortions
what is this 'deed'?
get it straight willie. contraception isn't perfect. sex isn't a crime.
a bank? the vault of her body? she is blowing it open so she can - what - burn the money? what is a crime is that analogy.
it's personal. it's their responsibility. it's personal responibility.
The unborn child is your evidence that ties you to your deed.
You kill it and hence know one knows this ever occurred.
US sues to block TX abortion law
So I'm guessing you flunked Med school because you have perfect penmanship.
Fun Fact
Doctors' sloppy handwriting kills more than 7,000 people annually
By the way, you spelled grandmother wrong.
@noseeem
Yep I'm shitty with grammar and spelling...