andrewbc
liked
1. Tesla will be bigger than Apple
In a tweet last year, Musk predicted that $Tesla (TSLA.US)$ would be bigger than $Apple (AAPL.US)$.
While we haven't seen this come true, dream on, Elon.
2. Cryptocurrency is indestructible
Musk speculates that cryptocurrency is not going anywhere.
Last year at the 2021 Code Conference, Musk said "It's impossible to destroy crypto," but argued that governments could slow it down.
3. EV...
In a tweet last year, Musk predicted that $Tesla (TSLA.US)$ would be bigger than $Apple (AAPL.US)$.
While we haven't seen this come true, dream on, Elon.
2. Cryptocurrency is indestructible
Musk speculates that cryptocurrency is not going anywhere.
Last year at the 2021 Code Conference, Musk said "It's impossible to destroy crypto," but argued that governments could slow it down.
3. EV...
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andrewbc
reacted to
Musk — who was named Time's Person of the Year this week — spoke about Bezos during an interview with the Financial Times published on Wednesday.
Musk said in the interview that while his fellow billionaire has "reasonably good engineering aptitude," he feels Bezos "does not seem to be willing to spend mental energy getting into the details of engineering."
"[He] does take himself a bit too seriously," he added of Bezos. "In some ways, I'm trying to goad him into spending more time at Blue Origin so they make more progress. As a friend of mine says, he should spend more time at Blue Origin and less time in the hot tub."
Musk's comments are just the latest in a 15-year feud between the two centibillionaires, which has intensified amid a growing rivalry between their rocket companies, SpaceX and Blue Origin. "Turns out Besos [sic] retired in order to pursue a full-time job filing lawsuits against SpaceX," Musk tweeted in August. Bezos as Amazon CEO in July.
Musk has repeatedly and publicly called Bezos a "copycat" — once after Amazon announced its plan to launch internet-beaming satellites, and again when Amazon acquired self-driving-taxi company Zoox.
While Bezos has stopped short of calling out Musk directly, he has taken aim at Musk's biggest ambition: colonizing Mars, the main goal of SpaceX. Bezos' focus is on getting humans to the moon, and he's described the idea of reaching Mars as "un-motivating." "Go live on the top of Mount Everest for a year first and see if you like it, because it's a garden paradise compared to Mars," Bezos said in 2019.
Musk may lead the most valuable carmaker on the planet but he doesn't act like it in the traditional sense. Unlike top executives as other firms, Musk regularly tweets out memes, juvenile jokes, and the occasional company update to his 66.5 million followers. He frequently engages with fans online and gets into spats with critics.
Bezos' public image, by comparison, is highly curated. He has3 million followers on Twitter and isn't prone to the same unfiltered musings and casual banter as Musk.
Mooers, do you like Musk more or Bezos? Prefer Mars more or the moon?
$Amazon (AMZN.US)$ $Tesla (TSLA.US)$
Source: Business Insider, People
Musk said in the interview that while his fellow billionaire has "reasonably good engineering aptitude," he feels Bezos "does not seem to be willing to spend mental energy getting into the details of engineering."
"[He] does take himself a bit too seriously," he added of Bezos. "In some ways, I'm trying to goad him into spending more time at Blue Origin so they make more progress. As a friend of mine says, he should spend more time at Blue Origin and less time in the hot tub."
Musk's comments are just the latest in a 15-year feud between the two centibillionaires, which has intensified amid a growing rivalry between their rocket companies, SpaceX and Blue Origin. "Turns out Besos [sic] retired in order to pursue a full-time job filing lawsuits against SpaceX," Musk tweeted in August. Bezos as Amazon CEO in July.
Musk has repeatedly and publicly called Bezos a "copycat" — once after Amazon announced its plan to launch internet-beaming satellites, and again when Amazon acquired self-driving-taxi company Zoox.
While Bezos has stopped short of calling out Musk directly, he has taken aim at Musk's biggest ambition: colonizing Mars, the main goal of SpaceX. Bezos' focus is on getting humans to the moon, and he's described the idea of reaching Mars as "un-motivating." "Go live on the top of Mount Everest for a year first and see if you like it, because it's a garden paradise compared to Mars," Bezos said in 2019.
Musk may lead the most valuable carmaker on the planet but he doesn't act like it in the traditional sense. Unlike top executives as other firms, Musk regularly tweets out memes, juvenile jokes, and the occasional company update to his 66.5 million followers. He frequently engages with fans online and gets into spats with critics.
Bezos' public image, by comparison, is highly curated. He has3 million followers on Twitter and isn't prone to the same unfiltered musings and casual banter as Musk.
Mooers, do you like Musk more or Bezos? Prefer Mars more or the moon?
$Amazon (AMZN.US)$ $Tesla (TSLA.US)$
Source: Business Insider, People
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22
andrewbc
commented on
Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upword last week. Her...
At the end of this post, there is a chance for you to win points!
Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upword last week. Her...
+15
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andrewbc
commented on
andrewbc
liked
Elon Musk, the CEO of $Tesla (TSLA.US)$ , challenges Changpeng Zhao, the CEO of cryptocurrency exchange Binance on Tuesday.
Musk tweeted Zhao and asked him: "What's going on with your Doge customers?" Musk has called dogecoin is his favorite cryptocurrency.
On Nov 11, Binance suspended dogecoin withdrawals due to a glitch after a network update. Binance said it would resume withdrawals once the problem had been resolved, but that the suspension could last until Nov 29.
"Sounds shady." Musk added.
Binance replied on its Twitter and said that it was "not shady – just frustrating and we're working on it." And then Musk replied "Doge holders using Binance should be protected from errors that are not their fault."
However, Zhao didn't feel happy with Musk's words.
Zhao replied to Musk that Binance was "pretty certain" and apologized. But he also linked to an article about Tesla recalling nearly 12,000 US vehicles due to a software glitch, asking: "What happened here?".
In an February interview, Zhao said he was surprised that Musk was an advocate of dogecoin. "I strongly believe that he's not really associated with Dogecoin in any way," he said.
Zhao also said that Musk should be more careful about his tweets on cryptocurrencies in another interview in June.
Update on Nov. 24:
It looks like they've all calmed down.
Source: businessinsider, twitter
Musk tweeted Zhao and asked him: "What's going on with your Doge customers?" Musk has called dogecoin is his favorite cryptocurrency.
On Nov 11, Binance suspended dogecoin withdrawals due to a glitch after a network update. Binance said it would resume withdrawals once the problem had been resolved, but that the suspension could last until Nov 29.
"Sounds shady." Musk added.
Binance replied on its Twitter and said that it was "not shady – just frustrating and we're working on it." And then Musk replied "Doge holders using Binance should be protected from errors that are not their fault."
However, Zhao didn't feel happy with Musk's words.
Zhao replied to Musk that Binance was "pretty certain" and apologized. But he also linked to an article about Tesla recalling nearly 12,000 US vehicles due to a software glitch, asking: "What happened here?".
In an February interview, Zhao said he was surprised that Musk was an advocate of dogecoin. "I strongly believe that he's not really associated with Dogecoin in any way," he said.
Zhao also said that Musk should be more careful about his tweets on cryptocurrencies in another interview in June.
Update on Nov. 24:
It looks like they've all calmed down.
Source: businessinsider, twitter
73
14
andrewbc
liked
Elon Musk sold a large chunk of $Tesla (TSLA.US)$ stock for the seventh straight day Tuesday, bringing him nearly halfway to his Twitter promise of selling 10% of his stake in the company.
A well known Tesla investor made a calculation on Elon Musk's stocks sales. And he found out the biggest winner is —— the U.S. government.
Musk is racking up the tax bill to the U.S. government. In fact, the U.S. government will be the primary benefactor of Elon Musk's stock sales, receiving many billions in dollars for these 3 weeks of stock sales.
Musk reply the author on Twitter and he said the electric car maker would contribute a massive sum in federal tax revenue in the coming years amid an ongoing dispute over a Democrat-led push to increase taxes on the wealthiest Americans.
Tax the stock gains.
Tax the stock options.
Tax the employee income.
Tax the product.
Tax the property.
Tax the profits.
Good luck, @elonmusk
A well known Tesla investor made a calculation on Elon Musk's stocks sales. And he found out the biggest winner is —— the U.S. government.
Musk is racking up the tax bill to the U.S. government. In fact, the U.S. government will be the primary benefactor of Elon Musk's stock sales, receiving many billions in dollars for these 3 weeks of stock sales.
Musk reply the author on Twitter and he said the electric car maker would contribute a massive sum in federal tax revenue in the coming years amid an ongoing dispute over a Democrat-led push to increase taxes on the wealthiest Americans.
Tax the stock gains.
Tax the stock options.
Tax the employee income.
Tax the product.
Tax the property.
Tax the profits.
Good luck, @elonmusk
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andrewbc
voted
Stock market is a place filled with noise. Information and activities that confuses or misrepresents genuine underlying trends. Market noises sometimes make it challenging for investors to stick with the right thing and make profits.
However, just as human bones get stronger when subjected to stress and tension. Rumors and fears are necessary grinds to build a strong investor.
Please let me introduce the song:
Wish that every mooers could become bulletproof after listening to the song.
You shout it out But I can't hear a word you say
@justatradrrrr: people say $Sono Group (SEV.US)$ is trash
me be like:
@allen kidd: Diamonds hands $AMC Entertainment (AMC.US)$
I'm talking loud, not saying much
I'm criticized, but all your bullets ricochet
@Yordan Arauz: $AMC Entertainment (AMC.US)$ ..all day....
yeah, loud
@GetMeABeerDude: wall street bets meme stock $Rivian Automotive (RIVN.US)$
Shoot me down, but I get up
@Holkkie: it's not over yet!
@Cow Moo-ney: Be wary $Rivian Automotive (RIVN.US)$
I'm bulletproof, nothing to lose
Fire away, fire away
@Rogue Trader 7: Stay Solid $AMC Entertainment (AMC.US)$
@Louis996: $Alibaba (BABA.US)$ to the moon
Ricochet, you take your aim
Fire away, fire away
@骁勇善战女主: $Rivian Automotive (RIVN.US)$
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
You shoot me down, but I won't fall
I am titanium
@Rogue Trader 7: Here we go $Biora Therapeutics (PROG.US)$
You shoot me down, but I won't fall
I am titanium~~~~~~
This week, we'd like to invite you to comment below and tell about "How do you deal with the noise in the market?"
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
● A related meme in gif or jpeg
● Your real-life experience
● Other creative ways to show your sense of humor
However, just as human bones get stronger when subjected to stress and tension. Rumors and fears are necessary grinds to build a strong investor.
Please let me introduce the song:
Wish that every mooers could become bulletproof after listening to the song.
You shout it out But I can't hear a word you say
@justatradrrrr: people say $Sono Group (SEV.US)$ is trash
me be like:
@allen kidd: Diamonds hands $AMC Entertainment (AMC.US)$
I'm talking loud, not saying much
I'm criticized, but all your bullets ricochet
@Yordan Arauz: $AMC Entertainment (AMC.US)$ ..all day....
yeah, loud
@GetMeABeerDude: wall street bets meme stock $Rivian Automotive (RIVN.US)$
Shoot me down, but I get up
@Holkkie: it's not over yet!
@Cow Moo-ney: Be wary $Rivian Automotive (RIVN.US)$
I'm bulletproof, nothing to lose
Fire away, fire away
@Rogue Trader 7: Stay Solid $AMC Entertainment (AMC.US)$
@Louis996: $Alibaba (BABA.US)$ to the moon
Ricochet, you take your aim
Fire away, fire away
@骁勇善战女主: $Rivian Automotive (RIVN.US)$
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
You shoot me down, but I won't fall
I am titanium
@Rogue Trader 7: Here we go $Biora Therapeutics (PROG.US)$
You shoot me down, but I won't fall
I am titanium~~~~~~
This week, we'd like to invite you to comment below and tell about "How do you deal with the noise in the market?"
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
● A related meme in gif or jpeg
● Your real-life experience
● Other creative ways to show your sense of humor
155
34
andrewbc
commented on
Warren Buffett is known for being a legendary investor. He is known as a proponent of value investing, and for decrying the rampant speculation and gambling by self-proclaimed "investors" .
However, did you know that Warren Buffett used to speculate using derivatives such as stock options and commodity futures?
Warren Buffett purchased his first investment, Cities Services Preferred, at 11 years of age, buying three shares for $114.75. He sold these for a profit of $1.75 relatively soon after the acquisition. His next adventure in the market came in 1949. Buffett started using technical analysis to earn quick profits from the market on top of his other activities. This was mostly speculative trading.
He was hooked on share trading at this time. He tried all sorts of ways to make share trading work, from chart patterns to numerical patterns and 'odd-lot stock trading,' whatever that was. We can tell from this that Buffett had been speculating."
—— Glen Arnold's book, "The Deals of Warren Buffett, Volume 1: The First $100m,"
In the late seventies, he bought a few stocks for his own account. He was a bit more of a swinger with his personal money. For instance, in the case of Teledyne, Buffett invested in options — a strategy with a higher chance of either failing or making a killing. According to one associate, he also bought copper futures — an outright speculation.
—— "Buffett: The Making of an American Capitalist, Chapter 12" by Roger Lowenstein
Technical analysis remains popular among investors. Research indicates up to 40 per cent of foreign exchange traders see technical analysis as important for predicting price action over short time horizons. About one-third of equity fund managers utilise technical analysis, according to a major 2012 survey.
If I were on a desert island and allowed just one investment tool, it would be the chart.”
—— Bolton said
Mooers, what do you think of technical analysis for stock investment?
However, did you know that Warren Buffett used to speculate using derivatives such as stock options and commodity futures?
Warren Buffett purchased his first investment, Cities Services Preferred, at 11 years of age, buying three shares for $114.75. He sold these for a profit of $1.75 relatively soon after the acquisition. His next adventure in the market came in 1949. Buffett started using technical analysis to earn quick profits from the market on top of his other activities. This was mostly speculative trading.
He was hooked on share trading at this time. He tried all sorts of ways to make share trading work, from chart patterns to numerical patterns and 'odd-lot stock trading,' whatever that was. We can tell from this that Buffett had been speculating."
—— Glen Arnold's book, "The Deals of Warren Buffett, Volume 1: The First $100m,"
In the late seventies, he bought a few stocks for his own account. He was a bit more of a swinger with his personal money. For instance, in the case of Teledyne, Buffett invested in options — a strategy with a higher chance of either failing or making a killing. According to one associate, he also bought copper futures — an outright speculation.
—— "Buffett: The Making of an American Capitalist, Chapter 12" by Roger Lowenstein
Technical analysis remains popular among investors. Research indicates up to 40 per cent of foreign exchange traders see technical analysis as important for predicting price action over short time horizons. About one-third of equity fund managers utilise technical analysis, according to a major 2012 survey.
If I were on a desert island and allowed just one investment tool, it would be the chart.”
—— Bolton said
Mooers, what do you think of technical analysis for stock investment?
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