cg27

tmay said:

cg27 said:

SpamSandwich said:

cg27 said:

SpamSandwich said:

Elon Musk could be the world’s first trillionaire if and when he has a SpaceX IPO.

And that crazy, fearless, bad ass engineer would deserve it 😊

He’s the definition of a big picture risk taker.

Indeed, he and the other high profile engineers founding and running the most powerful and innovative corporations make the so-called big shots of Hollywood and Wall Street look like lame schmucks

Elon is not an engineer, and for the record, the bubble that Elon is riding will burst sooner than later. 

http://www.asymco.com/2021/01/13/the-entrants-guide-to-automotive-industry-updated/

"That means that either there will be twice as many cars as we have now or they will be twice as expensive or they will be twice as profitable. And all that will happen really soon. We can’t have twice the cars since there will be nowhere to park them. We can’t double the price unless we double our wealth. We can’t make them twice as profitable unless we disable competitive forces and change the production system.

Or, it could be that half the assets (all the other automakers) are worthless."

Bubble. Burst. Soon.

chadbag said:

I am not in the Arlo eco system.  How does HK secure video relate to this and do you still need a subscription?  Subscription based services are off the table for me 

My sentiment exactly, need to know that it is HK Secure Video compatible and that no subscription is needed before I’d even consider it.

SpamSandwich said:

Elon Musk could be the world’s first trillionaire if and when he has a SpaceX IPO.

blastdoor said:

anantksundaram said:

Assuming a forward PE ratio of 30x (which lots of people -- rightly -- think is rather high), Apple will need $100B in earnings in a few years' time.

Possible? Yes. Tough? Yes.

Nicely summarized, I agree.

Apple has great technology, leadership, employees, products, services, R&D, etc. It's just an amazing company. I'm especially excited by ASi, not just for the chips and the products they enable, but wha the existence of ASi in Macs says about Apple's commitment to the Mac and general vision for the future. 

The stock price, though, is another issue entirely. I'm worried about a speculative bubble in the stock market more generally. That bubble is being inflated by two huge macro issues related to COVID -- easy money from the Fed (which is appropriate for our current circumstances) and a very high savings rate among consumers. As soon as COVID ends, savings rates will fall as people go on a spending splurge. That surge in consumer spending might spook the Fed, leading to higher interest rates. So there you have two big forces taking money out of the stock market -- people spending rather than saving and some savers opting for interest-bearing assets rather than stocks. In other words -- a giant sucking sound in the stock market that will lower all boats, including AAPL. 

But if that happens, I'll view it as a great opportunity to buy AAPL.


I agree except that consumers splurging will only help AAPL, so rather than waiting out an upgrade to their iPhone, AppleWatch, iPad, Mac, etc they’re going to go for it once the coast is clear.  I think there is more pent up demand for upgrades than even Munster realizes.