This is what I love about EV's. And the fun of driving them!
This Ultra-High Mile Tesla Proves That EV Batteries Last Longer Than You... https://t.co/qEPQflzSwE via @YouTube
I love this market because there are still many bargains that haven't woken up.
yet.
$GMV.v has an NPV of 440.000.000 USD, in Arizona 🇺🇸 trading for 13Million right now
added today a tranche.
it's good to be positioned in both quality Jrs... and Silver juniors😁😁😁
holy moly they are on fire again 🩶
the road to $60 silver is long. just sit, relax, and compound. compound again. don't get confused by analysts trying to outsmart a silver bull 😉
Why I will never switch from my EV to one of these new gas cars.
1. Range anxiety - I am used to being on 100% every morning. With a gas car, I might not have enough gas to get to work and have to waste time going to recharge it.
2. Big maintenance problem - After 100k-200k miles you have to swap or rebuild the engine. That’s $10-20k on an old car. This is crazy!
3. Risk of fire - Gas cars have ~100x the likelihood of catching fire compared to EVs. You literally have a full tank of explosive liquid right underneath your back seats. No thank you!
4. Underdeveloped charging infrastructure - Every home has a power outlet. Every AirBnb has one too. No matter how remote. With a gas car, you have to go find special charging stations instead of charging while you sleep. Sometimes, the nearest one could be 50 miles away!
5. Environmental impact - Did you know it takes about 10x as much mining and pumping to get the oil needed to fuel a gas car over its lifetime than the materials needed to build an electric battery? Insane!
6. Range issues - Did you know that if you turn on aircon, charge your devices in the car and blast the infotainment system, your gas car range can go down by 20% or more?!
7. Cost - The average gas car costs 20% more than a Tesla. It’s just too expensive for mass adoption.
You have to be a real nutcase fan boy to switch to a gas car!
Equity Metals - $EQTY.v
there is zero reason why this stock is cheaper as some well known big names.
Zero.
Compliant 401 resource, 85Million oz.
Excellent grades.
Canada.
it's a 500% increase to get to peer valuation
It was 2008. The financial crisis had flattened the world.
I was sitting at Goldman Sachs watching people pack up everything they owned into cardboard boxes as 20% of the workforce was fired.
People were crying, protestors outside were chanting “F*ck the 1%” as they left. It is a moment stamped on my memory forever.
But as I sat outside one of the glass offices where they fired people, I got to overhear something that didn’t fit...
They were firing one of the managing directors, head guys and he, unlike everyone else, wasn’t crying or yelling. He was smiling.
They were going back and forth over a piece of paper.
On it, I’d find out later, was his equity % that he’d get in the firm. They were explaining to him what his exit package would be. He was getting paid to leave and not work. That pay included him owning part of the company after he left.
His name was Jim, and he was paid millions over the next few years.
Jim understood ownership.
I heard someone say once that they made more than the CEO of a bunch of companies, including Ford, in 1 year. Hmmmm. That would be a lot of money. That would surprise me… So I went to look up the numbers. Because, well, math always wins.
So Ford’s CEO’s salary was $1.7 million. Ok, I make more than that too.
But wait a second… his TOTAL compensation was $20.9M. I do not make more than that a year.
Goldman Sachs’s CEO’s salary is $2M a year. Wow, I make more than that. But wait… all in he makes $25-35Million. I don’t take home that… yet.
Here’s the problem most people do not understand:
Wealth will never come from a salary. It only comes through ownership.
There are only 4 ways to get ownership:
Start your own company
Become such a valuable employee to a company you’re irreplaceable (and get equity for it)
Invest in a company
Buy a company like you buy a house
You can work hard for a paycheck, or you can work hard for equity.
You can take a bet on a startup, or you can buy a business that’s already profitable.
It’s all hard, but I know my choice.
My choice is to never be kicked out with a cardboard box when things get hard. If you still get protested like the 1% you might as well be one of them.
Been living with Teslas in MN for the last 6 winters. The truth 👇
- I’ve never been stranded
- I’ve never not been able to charge locally or at a Supercharger
- I’ve never had to get into an uncomfortable car (cabin preconditioning)
- My cars have gotten smarter w/ each OTA
Some people say that « electric vehicles aren’t selling well ».
It would be more accurate to say "bad electric vehicles aren't selling well"... because good electric vehicles (like the Tesla Model 3 and several other models) are selling very well. 😊😊😊