Dalal.Holdings

The difference is that Elon is not a politician. His opinions on EVs, rocketry, and free speech (Tesla, SpaceX, X) are pretty robust. His opinions outside those fields may not be, but they are not relevant because he does not operate in those areas. Just like a brilliant neurosurgeon may have some weird views outside of neurosurgery. Politicians should be under much closer scrutiny because they devise policy in areas that encompass vast swaths of society, far outside each's individual expertise.

The launch was great. The media spun and even FAA trying to spin it as some sort of failure. Bias against Elon and inability to understand iterative process that SpaceX takes is the culprit. Meanwhile, SpaceX's competitors (Boeing/Lockheed/ULA) are nowhere to be seen in this race...(though the size of their government contracts are orders of magnitude greater)

COF will have to shift its customer FICO profile to achieve high returns. But yeah the DFS assets are potent and as a DFS shareholder I think totally being undervalued

A great business getting acquired by a much worse one that's also much more vulnerable to economic shocks...

Bill true to form

Slick Willie providing a live demonstration of the Streisand Effect. His wife must be thrilled with him. His long winded posts evoke Shakespeare: "Brevity is the soul of wit"

Even better is that if Aducanumab got full medicare support, it would become the most expensive drug ever for medicare at tens of thousands of dollars per year per patient (and medicare is already a massive expenditure as it is)...a massively expensive drug that probably doesn't work paid for by the U.S. taxpayer...absolutely disgusting. https://www.nia.nih.gov/news/experts-estimate-future-spending-medicare-aducanumab-treatment#:~:text=The analysis revealed that if,impact on Medicare's annual budget. I remember supposedly intelligent investor types were pumping BIIB when it was approved. Reminds me in many ways of Valeant...

Some people claim that Presidents who are Democrats are bad for oil production. The last five Presidents contradict that notion completely.

Joe Biden needs them gas prices to go down, not up, for 2024

https://www.bloomberg.com/news/articles/2023-12-16/red-sea-shipping-chaos-as-us-military-defends-threat-to-commercial-vessels?srnd=premium U.S. and UK militaries involved in repelling attacks

Unlike the Gulf War, Maduro will need a strong navy to gain and hold control of offshore fields. It won’t be as simple as rolling across a desert into Kuwait and taking its onshore fields. He would simply be blown out of the water by the U.S. if he tried to make a play for Guyana’s offshore fields. It would be child’s play for the overpowered U.S. Navy to defend Guyana’s offshore oil.

https://www.statista.com/statistics/266292/number-of-pirate-attacks-worldwide-since-2006/ Piracy attacks have fallen precipitously over the years, likely due to anti-piracy measures taken by USA/etc since the Maersk Alabama incident (the Djibouti bases are evidence of this). I think a few recent headlines of Houthis taking ships are leading to overestimation of the impact to trade in the strait.

Look across the Strait...there are many countries with interests and capabilities to respond to piracy/threats to trade in Bab-el-Mandeb. Some rebels are not going to credibly be able to harm trade for long with so many of the world's powers able & ready to take them on. Maduro's threats are a red herring. He's got Chevron coming in to help rebuild his exports and Biden helping bail him out so long as he plays ball. A hot incursion into Guyana is not feasible. Even Brazil and other Latin/Caribbean nations would oppose and the U.S. would most definitely respond switfly and militarily (& Brazil might join). His popularity is a mirage and his economy in tatters with millions fleeing. Any confrontation would end faster than you can say "Desert Storm".

https://www.nytimes.com/2023/12/01/business/energy-environment/us-oil-production-record-climate.html Anyone want to venture a guess as to what happens to oil prices if USA continues on track to producing 15M barrels/day and more production also comes online in Guyana, Venezuela, etc ?

Oxy buying Crown Rock for $12B. Stock and debt issuance. These oil guys and gals can’t help themselves…