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    Just me or is the market on fire?

    50% is a Fidelity growth fund holding the usual suspects: NVDA, AAPL, MSFT, GOOG, LULU, V and TSLA. The other 50% is all TSLA. At this time the managed fund is out performing my TSLA but I expect it to change as TSLA recovers. Of course I'm still about 25% down from ATH reached in 2021.
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    Tesla 2023

    https://www.teslarati.com/nhtsa-proposes-automatic-emergency-braking-mandate-new-vehicles/ A “Tesla standard:” NHTSA proposes Automatic Emergency Braking mandate for new vehicles BySimon AlvarezPosted on June 2, 2023 The National Highway Traffic Safety Administration (NHTSA) has proposed new...
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    Just me or is the market on fire?

    My 401k is up more than 41% YTD, reminiscent of 2020!
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    Tesla 2023

    Higher, higher, higher... Tesla up 33% over the last month.
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    Best traders in the world (with stats)

    Assuming this list is accurate, I'm surprised by the significant difference in compound annual returns between the top 10 and the last 20 who don't manage to squeeze 20% per year over an avg of 20-25 years. I think it's quite humbling, beyond the bling bling success of YT cc's, to recognize...
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    ChatGPT and the future of information

    You know that Elon Musk has been vocal about the dangers of AI.... :sneaky:
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    Enough with Government Handouts!

    I wish it was that simple. But America has been at war 222 out of 239 years since 1776. We are a waring nation, obsessed with our weapons, our nationalism and our military. Americans don't complain much about the ludicrous spending on our military because so much of our economy revolves...
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    Enough with Government Handouts!

    While at the same time wanting to cut social security and social services.... Shameless.
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    Company Insiders Made Billions Before SPAC Bust

    I don't see anything wrong with the SPAC process because everything is above board. It's the same uncertainty found when a company goes public the traditional way. Certainly those investing pre public are in for the quick returns when the business goes public, but let's not forget that the...
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    Tesla 2023

    Meh, not sure that's the reason. The news about Ford using the Tesla charger came out late Friday and was heavily promoted over the weekend. I think that has more to do with it. It's not clear what Musk is doing in China, but I don't think it's necessarily good news. We know the CCP doesn't...
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    The Dollar Is Still King in Europe, and It’s Swaying Interest Rates

    The issue the rest of world has with the dollar isn't that it's the currency king, it's that the US government uses it as a political tool when it suits its political agenda, and manipulates its value against other currencies when it suits its economic agenda. In effect, the US government...
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    Record $279 Million Whistleblower Award Went to a Tipster on Ericsson

    You're so daft. If it's no the Chinese, it's Biden.:banghead:
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    Record $279 Million Whistleblower Award Went to a Tipster on Ericsson

    The French have a legal accounting line item for bribes, thereby recognizing that in many parts of the world, to get any deal done, it is necessary to bribe to get the ball rolling. In modern nations the same exist, but above board. Try building a house... So many permits and inspections are...
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    Lifestyle of a 31yo Japanese multillionaire trader..

    All that sounds very complicated indeed. You ought to think far more basic, primitive I should say.
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    Did you have naive trader cloud cuckoo land expectations

    I started trading in late 2019, yesterday for many traders here. I timed the March 2020 crash and rebound perfectly and made significant returns day trading that year and thought I was king of the world. I had never traded a down market and by the end of 2022 had erased all my gains and some...
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    Record $279 Million Whistleblower Award Went to a Tipster on Ericsson

    Just imagine if Chinese companies imposed fines on US companies "awarded" business in South America...
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    Tesla 2023

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    Tesla 2023

    https://www.zenger.news/2023/05/26/teslas-golden-goose-improvements-promise-30-50-cuts-in-battery-cost/ Tesla’s ‘Golden Goose’: Improvements Promise 30-50% Cuts In Battery Cost Tesla announced in January it plans to invest over $3.6 billion to grow its Giga Nevada with two new factories. A...
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    Enough with Government Handouts!

    Agreed, except they aren't a result of birth or talent but of underhanded tactics and bullying.
  20. V

    Enough with Government Handouts!

    There's a simple solution to resolve or at least minimize this problem, do like every weapons manufacturing nations in the world.... Give government a preferential seat on the board of these companies and enough shares to impact decision making.
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