Funny enough I think a lot of his is just such made up value. That's not even me being an Elon hater. I genuinely think he pushes limits and innovates more than a ton of businesses. The market still just absolutely eats up everything he has done with insane valuations despite not always being that good financially, or just having some plain bad ideas and shitty implementation.
the share price of Tesla is not rational. he does not push limits he fails more than he succeeds. his innovation is being a corrupt grubby fuck ripping off tax payers.
you should hate him. he's a hateable person. he does not share your values. he has tons of children he does not take care of. he sticks his dick in crazy because he can't stop doing drugs.
the market isn't real. if you think it somehow represents the will of people with actual money you've completely lost the plot.
The market hasn't been real for some time if you define "real" as rational. I'd go back to at least the late 90s there it was broken, but probably further back just I wasn't old enough to pay attention.
It does echo though, and unless you're content hiding assets in US dollars to be slowly scammed away by inflation, then the market is there and can be used as a tool. Just most chase dumb shit (like Tesla) without any plan or any attention at all while the market grifts all their funds right off of them.
Correct. All of those things can be too and it's smart to use those as well. Dealing with the market as if it were a casino is like dealing with a poker game as if it were a slot machine. You sit down at the table and feed pots with no intelligence or discretion at all, and the skilled players will absolutely eat you up.
Funny enough I think a lot of his is just such made up value. That's not even me being an Elon hater. I genuinely think he pushes limits and innovates more than a ton of businesses. The market still just absolutely eats up everything he has done with insane valuations despite not always being that good financially, or just having some plain bad ideas and shitty implementation.
the share price of Tesla is not rational. he does not push limits he fails more than he succeeds. his innovation is being a corrupt grubby fuck ripping off tax payers.
you should hate him. he's a hateable person. he does not share your values. he has tons of children he does not take care of. he sticks his dick in crazy because he can't stop doing drugs.
the market isn't real. if you think it somehow represents the will of people with actual money you've completely lost the plot.
The market hasn't been real for some time if you define "real" as rational. I'd go back to at least the late 90s there it was broken, but probably further back just I wasn't old enough to pay attention.
It does echo though, and unless you're content hiding assets in US dollars to be slowly scammed away by inflation, then the market is there and can be used as a tool. Just most chase dumb shit (like Tesla) without any plan or any attention at all while the market grifts all their funds right off of them.
So can physical property, precious metals, and creative works. Without a gold standard the market is a casino.
Correct. All of those things can be too and it's smart to use those as well. Dealing with the market as if it were a casino is like dealing with a poker game as if it were a slot machine. You sit down at the table and feed pots with no intelligence or discretion at all, and the skilled players will absolutely eat you up.