Joined July 2024
He’s an out of touch asshole and this is the same as saying let them eat cake “watch me build a car that flies for a silly demo instead of fulfilling my promise to fix the environment that taxpayers payed me $38 billion for”
I’ve spent a few days thinking about the Tesla Roadster reveal and landed somewhere I haven’t seen much discussion. I’m neither a Tesla fanboy nor a Tesla hater. And I couldn’t care less whether what we saw technically qualifies as a flying car. Three takeaways: (1) The risk of that live demonstration going horribly wrong was real. Almost no CEO would willingly expose their company to that kind of public humiliation for a product with so little financial upside. Elon did. (2) That willingness to attempt the seemingly impossible is what makes Tesla special. It’s also arguably Elon’s greatest contribution to America. He’s helped bring back something we’ve lost. The American spirit of chasing big scary ideas that most people think are impossible. That mindset is spreading across a new generation of founders and its long term impact on America’s future could dwarf anything Tesla ever sells. I think this is deeply underappreciated. (3) Can we just acknowledge how insanely cool that moment was? We’ve reached a strange place culturally where even extraordinary feats of human ingenuity immediately become arguments about why they don’t count. Not everything needs to be a debate. Sometimes we should just be able to stand back together and marvel at what humans are capable of. I’ve been both bullish and critical of Tesla’s ambitions over the years. But watching Elon and his team push the boundaries of what’s possible reminds me why I’m glad we have him. Whether the Roadster ever makes Tesla a dollar or impacts $TSLA stock price is almost beside the point. We need more people willing to risk failure in pursuit of things the rest of us think are impossible. Because when they succeed we all win.
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SP500 didn’t reapproach highs from 2000 until 2008. Home depot was down more than 50% the whole time. Any retracing to highs would have triggered this. Since then, home depot went parabolic and only now is dipping a bit. This is not even close to an indicator
S&P 500 $SPY at/near all-time high while Home Depot $HD is more than 25% off. 3rd time in 30 years. Oh, well. This time is different.
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Well-regulated militia
Where in the Constitution do you see the word 'permit?' Exactly. Pass the National Constitutional Carry Act.
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So it’s centralized?
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financeNoCommentLol retweeted
Replying to @unusual_whales
So we should continue backing those who purchased a home for 20k in the 70s, while ignoring hard working Americans who are unable to afford your average home today? How about we increase the supply because that’s how our system ought to operate.
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financeNoCommentLol retweeted
How it started / How it’s going H/t Gary Marcus
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Don’t get why bots are all women. Why jot make them men so it’s believable
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This is so stupid. The US govt already gets ownership in the form of licensing rights. Any IP funded by the govt, the govt owns the rights to license. They could already be monetizing it but they do a horrible job of tracking what IP they own. That’s the only issue
Lutnick: We have billions to universities for them to do research and they invent things and who owns those patents? Universities. So we are going to make a deal with them all, which is if we give them the money, don't you think it is fair that the US get a piece of that?
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Seeing lots of misinformation from the tweeters today. Reposting some facts
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How is no one talking about this more?
Trump: we are getting a 55% tariffs, China is getting 10%
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This is hilarious and hopefully this time I’m not a contra signal. xitter.cf/eliant_capital/status/…
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financeNoCommentLol retweeted
A survey by FT discussing American manufacturing saying "Someone's American Dream, just not mine:"
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Ok but I’d never own platinum bc how do I easily prove it’s not silver
Deficits only expected to get worse & Platinum looks like this... $SBSW $IMPUY
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Who is trying to start a new aerospace defense company that doesn’t suck?
Boeing has been forced to halt all deliveries of its KC-46 tanker, based on the 767, after structural cracks were found in multiple new aircraft on delivery to the Air Force. The discovery is also forcing the Air Force to inspect its entire fleet of 89 KC-46s for cracks.
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Gold holds steady on large sell off day- market is fearing geopolitical risks.
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financeNoCommentLol retweeted
sure they can. Equities down 20% and its dead
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If you thought financial advice on tiktok was bad check out whats happening on finance instagram
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