If there’s one message I want to leave Twitter with:
Where there’s fraud, there’s McKinsey™️
Where there’s McKinsey, there’s fraud
Someone at said consulting firm please make the flywheel graph as only you can
Will leave my dm’s open til Friday.
Chamath tells Axios' @danprimack: "We had a decade plus of zero interest rates. That is what was fundamentally wrong. It perverted the market. It allowed manias and assets bubbles...When you provide free money into a system. Manias will build."
If you're wondering why tiny bank stocks are having such volatile reactions to earnings, it's because this is the once in a decade moment when we discover who actually knows what they've been doing and who has been faking it.
On the one hand, I'm going to miss dunking on these nitwits
On the other hand, the buffoonery, & performance, of @garyblack00@gerberkawasaki @cathiedhunt speaks for itself
The media who made such a big deal of the China price cut yesterday (egged on by hedge funds short $TSLA) must be asking hey, what happened? Answer: The price cut is accretive since it means demand secured. With the $TWTR overhang lifting there’s nothing to hold back the stock.
The Tesla price cuts are likely part of the start of a big China EV price war. Industry price cuts will probably intensify after subsidies end Dec. 31 and production keeps ramping up.
Companies always cut price because it improves the bottom line vs. not cutting
@garyblack00 has thus proven that price cuts are always bullish
4 clowns
🤡🤡🤡🤡
WS traders getting this wrong. $TSLA cutting price below the key ¥300K level on M-Y SR (¥299,988) and other TSLA models coming down in tandem. TSLA cut price in China by 5% (1/3 of TSLA volume in 4Q) and gets a 40K increase in 4Q units. Net 4Q EPS effect ~$.05 positive. @elonmusk
"you can be an expert in something repeatable only"
That is why I have "retired" with all my investments in one equity despite not possessing basic investment acumen
I’m starting to realize how much damage that self proclaimed “experts” who specialize in extremely complicated social matters do in society. Everything from marriage to investing to geopolitics. You can be an expert in something physical, mechanical, or something repeatable only.
Tiger Global had lost > 52% through September.
In October, it's largest equity position by far ( $JD ) as of Q2 disclosures is down 35% MTD, 20% just today.
These are @CathieDWood like numbers
It's absolutely astounding that on 9/30 $TSLA had capitalized "Construction in progress" on its balance sheet of $4.5 billion, despite holding "grand openings" for its only 2 big construction projects (the Texas & Berlin factories) *6 months* earlier.
This company is a fraud.
Real-World EV range test latest:
* Ford Lightning Lariat goes 345 miles on a single charge
* Jaguar I-Pace is more efficient than expected
* There are now 18 EVs that can go 300+ miles
* Every Tesla has failed to hit its EPA est.
https://t.co/HaPPLmF3Wh