lnofeisone

Adding across my holdings, added NVO, BAC, APO.

Musk played the game and he lost. He now needs to pay up. I don't feel sorry for him. Musk thinks empathy is a disease. So here I am, free of empathy for him. I'm eager for Europe to pursue and obsolete Tesla's credits. Incidentally, it'll put Europe on a better energy path. So there is some good in there. This will be a fun watch. I am loaded on up on popcorn.

No surprises here. Deloitte is the IRS's largest contractor, and the IRS is getting rocked. This is in addition to the rest of the federal portfolio (Deloitte refers to it as GPS), where civilian and health services account for roughly 40% of revenue. Deloitte has been aggressively expanding into states. Defense portfolios are generally stabilizing for the time being. CACI and SAIC are currently safe. More so with CACI as they are trying to play ball with Palantir.

I can't tell if you are trolling or really are not getting it. Either way, I gave you several examples. If you don't get it, you don't get it.

Ans yet you have some on this thread claiming that price stability hasn't budged one iota. I stopped any business investments other than absolute necessary maintenance a month or so back. I was checking on prices and they are much higher across the board. We are in for some bumpy ride. Destination unknown.

Again, that's not true. And it isn't how trade deficits work and for sure not whats being shared in this thread. In your book, me buying a house or tools on credit is a trade deficit. Think it through and you'll see it.

Reset into what? 1776?

That's not how trade deficit works. If I have cash and go and buy things from the store, I have a trade deficit with the store. The problem you are describing, while related isn't the same.

Now do this crazy math and normalize against GDP. You'll see something magical.

Ah, so instead you are celebrating a huge tariff on imports that fail to produce an immediate trade balance? LOL Here is the best laid-out paper countering Buffett's idea, and even these authors are hedging their commentary. https://www.levyinstitute.org/pubs/wp_538.pdf This is a long way of saying that what Buffet proposed 20 years ago is hella better than what you are seeing today. My local market commentary is also very relevant. You have a trade deficit with them, but you don't mind because it provides you sustenance to live on. Trade isn't a zero sum game.

You have a trade deficit with your local market where you buy your food. Are you going to take action? Buffett proposed a mechanism to address the trade deficit, as seen in the trade certificate idea. It was thoughtful and reasonably well argued. Very different than what we are seeing today.

Can you help me understand what makes this interesting? I thought it was a bunch of words that form sentences that don't really say a whole lot. Do we need manufacturing to take advantage of AI? I work in AI, and I can't fathom how manufacturing is going to enhance my experience or my productivity. His argument that AI will do everything but healthcare is ridiculous. It's like saying "we should stop doing research into medicine because further advances can cause shrinkage of what makes up 10% of our workforce today." These tariffs are what they are. Trump is attempting to implement a tax cut while maintaining the appearance of a balanced budget. Today he wiped $2T from the S&P 500.

I am also in this camp. While I don't always share @Dinar's political leanings, I find his stock commentary thoughtful and insightful. And we are both ex-USSRians so there is that.

I laughed so hard at this. Thank you!

I didn't expect these to work out this fast. I've shorted tesla in the past and always lost money. If markets open as low as they are now tomorrow, it will be the first time I made money on tesla short.

US and China are driving Tesla's sales. Europe, while important, isn't that big of a slice. With economic uncertainty in the US and intense competition in China, Tesla's sales are expected to face some turbulence. Q2 will be very telling. Who knows where the stock will go but I might just pick up some OTM puts here.

13% decline year over year (down to 337k). It's not as bad as I was expecting. I think you mentioned they were clearing out inventory so that means there was heavy discounting. Also, this quarter Tesla will be competing with a lot of its own used inventory so it'll put the redesigns to test.

Adding google with sold puts and shares.

I thought you no longer believed the polls? You don't believe the polls when it comes to Trump's popularity diminishing, but you believe the polls when it has to do with Democrats' approval rating? Look at the money pouring into special elections. This is like 2016 all over. Plenty of Democrats voted for Hillary even if they hated her as a candidate and a person. People hated the alternative. What you will see play out in the future is less to do with liking the democratic party. It will be about disliking the alternative - MAGA.

What exactly is false? Reps don't want to lose the majority. Competing Stafanik's ticket is yet another uncertainty (and I personally like Stafanik as her views - outside of the trump alignment, are generally moderate republican). Sure, dems are pulling out all stops, but is that even a concern given how our executive has little regard for rules or even the court? Can't have it both ways, Greg.

A wipeout? That's some wrong and strong view coming from the right. Just look at how concerned GOP is with losing FL special elections with Fine and Patronis both ringing alarm bells, asking for more help in districts that voted +30R? Let me say this again, these districts vote +30R. This is like a republican walking into DC and winning mayoral elections. GOP also pulled Stafanik's nomination for UN ambassador so she would remain in place. Why? Look at the big picture, GOP is hedging bets as they are concerned at losing. If you wonder why the current admin slowed down their clown car in the last few weeks is to see how these elections pan out. Realistically, I give the highest probability to republicans prevailing in both of the upcoming special elections, but the margins are going to close significantly. The second-highest probability is that Patronis (R) is going to lose. We'll see by the end of the week.

People may forget about Elon's clowning but the fact that his competitors took advantage and took market share from Tesla will persist at least a couple of years. Unless Tesla pulls off some sort of miracle (very well can happen), there is an uphill battle for them in the cards.

The system was working well enough. Everyone on this board is a direct beneficiary of this system. Did the system need some minor tuning? Sure. But an unplanned overhaul isn't what's needed. I suspect, just like everything else, the current admin will try to make their changes, fail miserably (like DOGE), walk back, wait for things to rebound, and then claim credit.

Bad headline. xAi is acquiring X. xAi investors are now hosed by elon's X purchase. I'm guessing elon is experiencing some financial stresses and we are probably months away from seeing him step away from govt or tesla. Let's see what he chooses (thisbis rhetorical).

They didn't want to bring big balls around?