Jason Van Gaal

Innovative disrupter. Serial Entrepreneur. Cad unicorn builder. Climate shifter. Macro market analyst.

[Jason Van Gaal @GaalJason]

@TSLAFanMtl I'm not sure why anyone would buy these. They are smaller than my ioniq plugin hybrid hatchback. 0 trunk space when the back row is up. Horrible fit in the back row

[Jason Van Gaal @GaalJason]

@NoelKnowsWheel @BradMunchen Have a look through their public disclosures. You'll find all you need there.

[Jason Van Gaal @GaalJason]

@NoelKnowsWheel @BradMunchen I'd suggest have a look at bidu's car costs for their fully functional FSD.

Tsla doesn't have a cost or tech advantage. You could maybe argue they have a 2nd/3rd mover advantage.

If only one company solved FSD would be highly accretive to earnings. If many solve it price war.

[Jason Van Gaal @GaalJason]

@munster_gene Appl gets 20B from Google. Their earnings are going to take a big hit as well.

[Jason Van Gaal @GaalJason]

@GaricMoran Edv was a blowout also. Like 15-20% fcf yield. Challenge is the direction of price of gold matters most. Seems people broadly don't yet feel it's sustainable.

[Jason Van Gaal @GaalJason]

@MikeFritzell Cash flow decline as bad as the SP drop?

[Jason Van Gaal @GaalJason]

@MikeFritzell Lots of high end used bicycles being sold for cheap in Canada at least. Everyone thought they where going to be pro athletes during covid.

[Jason Van Gaal @GaalJason]

@oguzerkan Nvda and amd are trading at near identical fcf multiples. Around 50x fcf + annualized.

AMD gets the nvda DC leftovers. The big guys throw scraps to them so there is some supplier redundancy and to encourage some nvda margin pressure.

Amd isn't cheap.

[Jason Van Gaal @GaalJason]

@munster_gene When demand is extraordinary you don't get building inventory numbers.

[Jason Van Gaal @GaalJason]

@Spotemdottem @zerohedge Very strange article. Wsj also trying to pump. Compared to other quarters this was definitely not a blow. It points to declining rate of change and inventory build conflicts with supply shortage narrative

[Jason Van Gaal @GaalJason]

@Arch_Angel44 @zerohedge Yeep. And check out days inventory increase.

For a company that claims they are short on supply inventory is telling a different story.

[Build Canada @buildcanada]

The federal workforce has grown to an all-time high while delivering diminishing results. Since 2008, Canadian public sector productivity has flatlined, despite growing the number of workers. Citizen satisfaction is at an all-time low with only 16% of people saying they receive good value from government services.

This is not only inefficient, it is a discredit to the actual talented, hardworking members of our public sector.

We can do better. It is possible to have better services at lower costs.

In fact, we did it before. In 1993, facing a large deficit and ballooning debt, the Liberal government under Jean Chretien pushed to restore fiscal discipline. Every government service was subjected to rigorous evaluation based on "six tests" to determine if the service was necessary and how it could be delivered more efficiently.

The result? Federal spending as a share of GDP fell from 22% to 17% and the budget was balanced in just 3 years.

Let's take a similar approach and reform our public services to create a leaner, more accountable and results-driven civil service:

- Set ambitious targets: Introduce a performance and results system to set and cascade clear, ambitious, aligned, and measurable targets for service levels and costs in all departments.

- Improve Accountability: Currently, only executives are judged based on service performance, and >97% meet their expectations and are given their full bonuses or more. Enhance the current performance system to include all civil service employees.

- Review Our Services: Create a tough review process to ask if a program serves the necessary public interest, was affordable, and fits the federal mandate. If the answer is no, eliminate the program.

- Reset to a New Baseline: Rapidly return to a reasonable size for the civil service through a combination of a hiring freeze, buyouts, early retirement, and transition support to encourage voluntary departures following the approach that Jean Chrétien used in the 1990s.

- Streamline Dismissals: Amend the Financial Administration Act to allow termination after two consecutive quarters of unsatisfactory performance.

By rewarding performance, cutting waste, and increasing accountability, taxpayers will save billions, businesses will thrive under a more responsive system, and we will develop a government that prizes excellence and works for Canadians.

[Jason Van Gaal @GaalJason]

@GaricMoran Am I correct in that it's trading at approximately 10% FCF yield if this quarters fcf is annualized?

[Jason Van Gaal @GaalJason]

@elizahvlediani You can definitely fire unreasonable customers. Unfortunately the most unreasonable ones tend to have the largest megaphones.

[Jason Van Gaal @GaalJason]

@TSLAFanMtl Respectfully, we need to look at interventions. An intervention lasts 20-50m. So this data could be 50 interventions or otherwise put 50 times there would have been an accident if left unsupervised.

[Jason Van Gaal @GaalJason]

@nope_its_lily I think this is more pricing in red sweep

[Jason Van Gaal @GaalJason]

@SteveSaretsky Provided costs of production in Canada are globally competitive, it seems like this is going to hit oil company profits more than output.

[Jason Van Gaal @GaalJason]

@pboockvar They should definitely be waiting.

Job market has stabalized which seemed to be the main justification for the 50bps cut.

[Jason Van Gaal @GaalJason]

@ProvenReserves @daniele81222715 Without the inventory spike and super low factory utilization %, maybe fslr doesn't want to deliver early. But definitely not the case here.

[Jason Van Gaal @GaalJason]

@ProvenReserves @daniele81222715 + you get bonus points from the supplier.

Future discounts. Future order. Delivery preference. Extra prof service/discounts on commissioning, extra warranty etc.

Soo many ways to get a customer to take early delivery if there is real demand.