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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Did you not just read the math I did for you! Automobile gasoline fires may be surprisingly rare, electric car fires are substantially rarer. Why the holy hell would you opine about something that you admittedly haven't been following, then insist you're right, then essentially say "I know you...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    You both are doing an outstanding job of proving my point that human brains can't intuitively grasp small probability numbers at all, and what's more we're blind to that fact. Let's do the math. There are about 250M cars and trucks in use in the U.S. and just shy of 1M electric vehicles. That...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Actually they demo'd a gasoline fire (vice the diesel we were actually fighting) at Navy firefighting school. The entire point was to impress how explosive the gas (that we had to carry for the P-250 dewatering pumps) was, and it did that. I could ask you the same question,for gas fires and...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Have you never seen a gasoline fire or explosion? That statement is just absurd on it's face!
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Once again, the amount of energy in the gasoline required to go 200 miles is the same as the amount of energy in the batteries required to go 200 miles. There were 174,000 vehicle fires, causing 445 deaths in car crashes in the U.S. last year...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    I've always thought that SCTY had a lot of analogs to Enron with all the special purpose entities they've set up. This just adds to the similarities; Jeffrey Skilling famously called Richard Grubman "asshole" then laughed at him on the last earning conference call before their downfall when...
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    Hiring a cofounder

    You haven't seen many successful ventures then! The startup world is chock full of smart teams that solve a problem better/cheaper/faster than the existing solution and make a few 10s of millions for the founding team and potentially some angels, and hundreds of thousands for the rest of the...
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    Inside the World’s Most Elite (and Secret) Traders’ Club

    Could be 2008 is really the reason there are so few of these left, everyone realized the risk adjusted return just wasn't there when tail events were taken into account.
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    Hiring a cofounder

    A bit ironic since he's looking like he'll work until he dies!
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    Hiring a cofounder

    Pig's all in, the chicken can lay eggs which are relatively painless to it. VC's pretty much won't even look at a company unless the entire team is devoting their entire lives to it, no part-timers. Cortez and burning the boats is another popular meme with them, they want to put you in a...
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    Hiring a cofounder

    Or as the VC's say, we prefer to invest in pigs, not chickens. Hate that way of thinking, by the way, especially coming from a VC in their comfy office diversifying their risk away, but it's certainly prevalent.
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    Hiring a cofounder

    I wonder if you may be better off dropping the $1,000/month thing and adjusting the equity split instead. Really, $1,000 doesn't make a difference. It's not enough to live off most places and if you've got enough money to live off a $1K/month salary you've probably got enough to live off a...
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    Zero Lag Filtering

    Or for those who are more visual learners: https://xkcd.com/1570/ As an electrical engineer whose been interested in trading since high school I also went down the DSP in trading rabbit hole and came to a similar conclusion to @Simples. Which is not to say you shouldn't give it a go...
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    Hiring a cofounder

    Just to clarify what you're looking for, what is the problem you're trying to solve? You don't have the time to devote to developing a system? You don't have a skill set (programming?)? You need an equal to bounce ideas off who can't steal your system? The problem set seems ill defined, which...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    I'd argue that Satoshi Nakamoto is by far the better cult leader since we're not even sure who he is!
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    That line of logic makes sense. The guy's a polarizing figure both directions, seems if you're involved with anything he does you either love him and he can do no wrong or you hate him and he can do no right.
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Maybe, that's a different line of logic than you were using before though. I'd also maintain that's it's absurd to say selling consumer goods is "less competition" than cars. Ever hear of a little company called Walmart? If you did a Porter's analysis on consumer goods you'd find it's one of the...
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    Pretty sure you could have said the same of Amazon at the 15 year point vis-a-vis Borders or Circuit City or any number of large cap competitors who no longer exist. Not saying that Tesla's going to turn out like Amazon, don't have that crystal ball, but that the logic isn't necessarily sound.
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    TSLA Earnings - it pops 10% - up $30.00 during AH.

    So you do understand the amount of energy contained in 20 gallons of gasoline? A given amount of stored energy is dangerous pretty much regardless of how it's stored!
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    I was a senior trader. Now I’m a programmer. Here’s why

    It's funny, I couldn't feel more the opposite of this attitude, and I'm just a couple years away from 50 and money-wise could retire any time. Can't imagine having to live with this kind of mindset!
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