Investing

[Screwball]

That proves nothing. I'm glad your not a car designer.

[Screwball]

Adding; your cherry picking what you think are structural design issues to build a strawman about corrosion that IS preventable by using a different grade of stainless.

[gehringer_2]

18 minutes ago, Screwball said:

That proves nothing. I'm glad your not a car designer.

Goodness you're touchy. Do you own one?

I never said anything about proving anything, just pointing out places where execution matters more than average. If you recall when Ford started adding Al body panels to the F150 there was were questions raised about whether they had adequately designed to protect against interaction between the steel undercarriage and the body. They seemed to have done well with it, but it was not a foregone conclusion and it takes work to get it right.

Grade wise you can pick any grade of SS you like and they are all still much less active on a galvanic series then any kind of sheet carbon steel.

Edited November 12, 2024 by gehringer_2

[Screwball]

Still two different issues, that's my point. This isn't difficult.

[gehringer_2]

4 minutes ago, Screwball said:

Still two different issues, that's my point. This isn't difficult.

Maybe - but you know as well as I do that it can be a long way from 'not difficult' to 'done right'!

Edited November 12, 2024 by gehringer_2

[gehringer_2]

I have to admit I am very jaded when it comes to Musk at a technical level. SpaceX flies well but I saw what he was trying to do with hyperloop and that was one of the more hair-brained things I'd ever seen. Some of his people are obviously top notch, but anything that gets close to being a personal pet project of his and I can't help be more more skeptical.

[chasfh]

11 hours ago, Screwball said:

I wonder why he decided to make some of his cars so ugly?

I probably shouldn’t do this—probably a leftover from my loose cannon days—but lately when I see some of those fugly tesla trucks on the street, I make a show of pointing and laughing, such that the driver can’t miss seeing me.

[Deleterious]

Just Eat Takeaway sold GrubHub to a startup named Wonder for $650M. They bought it in 2021 for $7B.

[ewsieg]

On 11/11/2024 at 11:15 PM, gehringer_2 said:

I have to admit I am very jaded when it comes to Musk at a technical level. SpaceX flies well but I saw what he was trying to do with hyperloop and that was one of the more hair-brained things I'd ever seen. Some of his people are obviously top notch, but anything that gets close to being a personal pet project of his and I can't help be more more skeptical.

He's an ideas man with money.  He's reminded me of Jobs on that front a bit.  Doesn't necessarily care how it works, just has a vision and relies on someone to make it happen.  Sometimes that can work, sometimes it doesn't.

[Tiger337]

1 minute ago, ewsieg said:

He's an ideas man with money.  He's reminded me of Jobs on that front a bit.  Doesn't necessarily care how it works, just has a vision and relies on someone to make it happen.  Sometimes that can work, sometimes it doesn't.

Starting out with a fortune makes it easier to be that way whereas building from the ground up requires a lot more know how.   

[gehringer_2]

46 minutes ago, ewsieg said:

He's an ideas man with money.  He's reminded me of Jobs on that front a bit.  Doesn't necessarily care how it works, just has a vision and relies on someone to make it happen.  Sometimes that can work, sometimes it doesn't.

There is a difference between pursuing things which are known to be possible but where the technical feasibility is unknown, and pursuing things that can never work.

Edited November 14, 2024 by gehringer_2

[1776]

The assumed .25 rate cut for December may well not happen per talking heads in the Fed. I’m good with this.
I disagreed with the November cut and didn’t like the December plan. 

 

[oblong]

they know they are going to be ****canned and their successors will be made to cut later on so they are trying to thwart...

[Screwball]

Jerome Powell's term as Fed Chair expires May 2026. Board post ends Jan 2028. He will not be fired because the president cannot fire him. He will be the Fed chair until May 2026 unless he resigns, or congress ends the Fed itself. Powell isn't going anywhere, nor any of the rest of them, regardless of what the idiots in these echo chambers try to feed the gullible.

[chasfh]

7 minutes ago, Screwball said:

Jerome Powell's term as Fed Chair expires May 2026. Board post ends Jan 2028. He will not be fired because the president cannot fire him.

Supreme Court to the rescue!

[Deleterious]

I'm old enough to remember the last time Trump was president and everyone said he would fire Powell.  

[Deleterious]

Everyone, including me, laughed at Elon for buying Twitter and lighting $30B on fire.  I just saw a report that on September 18th his net worth was $252B.  Two months later on November 18th it was $314B.

He has made back his money and the buffet he is gorging himself at isn't even open yet.

 

[Tigeraholic1]

4 minutes ago, Deleterious said:

Everyone, including me, laughed at Elon for buying Twitter and lighting $30B on fire.  I just saw a report that on September 18th his net worth was $252B.  Two months later on November 18th it was $314B.

He has made back his money and the buffet he is gorging himself at isn't even open yet.

 

How can that be when all the smart people are running to Bluesky? 

[gehringer_2]

17 minutes ago, Tigeraholic1 said:

How can that be when all the smart people are running to Bluesky? 

Elon's worth is tied to Tesla, not Twitter, but of course you knew that.

And in fact that net worth isn't really easily accessible because if he tried to access it by selling Tesla share in any significant number, that would tank their value. So his wealth is semi-paradoxical.

Edited November 20, 2024 by gehringer_2

[Tiger337]

17 minutes ago, Deleterious said:

Everyone, including me, laughed at Elon for buying Twitter and lighting $30B on fire.  I just saw a report that on September 18th his net worth was $252B.  Two months later on November 18th it was $314B.

He has made back his money and the buffet he is gorging himself at isn't even open yet.  A 25% increase in wealth 

 

Was that because he bought Twitter for 30B or in spite of it? 

[Deleterious]

7 minutes ago, Tiger337 said:

Was that because he bought Twitter for 30B or in spite of it? 

That answer will probably change based on how influential you think Twitter and Elon were in getting Trump elected.

 

[Tiger337]

15 minutes ago, Deleterious said:

That answer will probably change based on how influential you think Twitter and Elon were in getting Trump elected.

 

My assumption is that social media has helped Trump a lot all along.  I am not convinced that Musk buying Twitter has changed anything.   

[Deleterious]

3 minutes ago, Tiger337 said:

My assumption is that social media has helped Trump a lot all along.  I am not convinced that Musk buying Twitter has changed anything.   

Trump was banned on Twitter when Musk purchased it.

[Tiger337]

28 minutes ago, Deleterious said:

Trump was banned on Twitter when Musk purchased it.

Oh, OK.  I didn't even notice because I blocked him On January 20, 2016.  

Also blocked Musk pretty quickly, although I think he later prevented himself from being blocked.  

Edited November 20, 2024 by Tiger337

[Screwball]

Musk buying Twitter changed many things, but many have no idea because they live in their own created information bubble oblivious to what goes on outside that bubble. It's like the digital equivalent of parking your head up your ass, but they like it that way.