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So I test-drove a model 3 today... totally hate it, worst car ever

Is that true? I don't know, it might be just a selection bias of some sort. The guys that put on these "la fin du monde" trades are rarely right, but they only need a few times to make it big. If the thesis was there, the resulting trade would be of that sort. I am not convinced but can see...

For sure. EVs are still a novelty, very much like the ICE cars in the early stages of adoption. You can literally imagine people saying "yeah, that's nice but it's much easier to give hay to my horse than to get gasoline for this thing". PS. We are getting there. For example, both car and bike...

I am sure there is a lot of fraud in the Chinese economy. Any any emerging market, it's economic are driven by bribes and kickbacks instead of supply and demand. The problem is that someone like China has really deep pockets and is likely to prevail over speculators. It does not matter if you...

Trump in skinny jeans is the visual that I did not need at all :vomit:

Sure. But then also make sure we don't subsidize the oil industry directly or indirectly. I am all for fossil fuels, but let the free market do it's work. In fact, let them also pay for the cost to the society (i.e. air pollution, oil spills and global warming) and then we are all set...

It's a good car theft deterrent too. I recall reading that only 18% of Americans know how to drive with a manual transmission (*). Apparently, the percentage of manual transmissions in new cars is under 5%. * probably that's a bit offer side, as any flattering self-reported statistic like net...

Yeah, Jags are renown for their reliability!

Ha. Yeah, the first thing that came up on youtube when I searched for Model 3 was this: As a side note, the natural performance of electric vehicles is insane. I did a test-drive of Lightning (the previous model) a while ago while I still had my motorcycle license. No shifting and torque - I...

I recall a few studies from JPM which were pretty extensive, let me dig 'em up. Well, a "spike" is a large aggressive order(s) that sweeps the book, so fade-back is usually due to off-touch orders by non-HF players and spike market-makers. If it persists, there is a transmission chain along...

which one do you have? I think I want the "SUV" one, but I have not made up my mind.

What do you think of it as a car? I am thinking of getting it or something else electric once my elderly Honda dies.

Seems? There are numerous studies that spooz lead the market, they are the most liquid and liquidity begets liquidity. Of course, you can't exploit it unless you have great tech.

All fund returns are reported net of fees. So these average returns include both the AUM fee (2% or whatever he's charging) and the performance fee (15-20%). However, PS. The fees are still pretty egregious in most cases, considering how unreliable the product is.

Yes, I am sure because I have looked into it, though it's not perfectly straight forward and requires some effort. Google "Puerto Rico Act 22 and Act 20"

Because an American does not have to pay federal taxes while working and living in Puerto Rico.

Have you read the reflexivity book too? That's pretty good (very dense reading, though).

I am sure there are some unique people for whom that's true and you might be one of them. In majority of cases, knowledgeable people are the ones that perform better. Ultimately, the ones that have some form of insider knowledge are the ones that perform the best.

No, sadly it's nothing out of the ordinary and I have spoken about this before more than once. We seem to usually avoid the filth outside of the politics section with this time being an unpleasant exception.

It's hard to deny that people here acted like a bunch of teenage assholes.