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Insights on Elon Musk

Discussion in 'Fred's House of Pancakes' started by bwilson4web, Aug 11, 2024 at 8:31 AM.

  1. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    “Heav'n has no rage, like love to hatred turn'd, nor Hell a fury like a woman scorn'd” .......
     
  2. douglasjre

    douglasjre Senior Member

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    Can you post up a graph of the past 5-year performance of Cathy Woods Ark Invest for all of us to see?
     
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  3. John321

    John321 Senior Member

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    #23 John321, Aug 13, 2024 at 8:30 AM
    Last edited: Aug 13, 2024 at 8:38 AM
  4. bwilson4web

    bwilson4web BMW i3 and Model 3

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    I never understood office romances:
    • The pleasures are brief
    • The wife and other woman are going to get pissed at the guy for not spending enough time on them (i.e., women don't like to share a man.)
      • Their girlfriends are going to hate him too
    • Work is for making product, not making out
    Bob Wilson
     
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  5. bisco

    bisco cookie crumbler

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    There’s only one Warren Buffet
     
  6. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    Never get yer honey where you make your money.
    I mostly work alone and I am not a customer facing employee - so I avoid most of those complications.... ;)
     
  7. bisco

    bisco cookie crumbler

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    Tesla had a good day today. I still think it would be a great day trader or long term hold
     
  8. bisco

    bisco cookie crumbler

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  9. douglasjre

    douglasjre Senior Member

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    Kathy wood is the only fund manager I've ever known who is guaranteed to lose all your money. She didn't just fail to make her investors money but she positively lost money. And doesn't even account for the fact that inflation has gobbled up your money, making it worth less. You could have sat on your money in a no yield savings account and done better than she did.
     
  10. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    Tesla has had a pretty good DECADE.
    upload_2024-8-14_5-22-14.png
     
  11. bisco

    bisco cookie crumbler

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    i missed most of it, but am up 1,800 bucks in the last few months
     
  12. douglasjre

    douglasjre Senior Member

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    Kathy Woods Ark invest has not just underperformed but has actually lost money over the past 5 years. If I had done nothing and sat on cash I would have done better. If you invest with Kathy Wood, you will absolutely lose your shirt. Her stock portfolio has actually gone down from where it started 5 years ago. You could know nothing and have done better. In fact, had you just thrown it into the S&P 500 you would have gained what 20% per year? But her fund which she is not only CEO but also CIO of has actually lost money. How is that possible to be that bad? I won't even look her up on my phone anymore because I don't want the algorithm sending me more stuff like her and filling my head with information that will lead me down her path. You can look it up on your phone if you want to
     
  13. bwilson4web

    bwilson4web BMW i3 and Model 3

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    I tried Ark hoping they could be a reasonable diversify from my TSLA holdings. But after a year, I converted them to TSLA. More light shower than taking a bath.

    Bob Wilson