Ibime: We are not talking explosive network-driven tech here but physical sales of cars which currently is 500,000 cars for Tesla. If you combine Toyota, VW, BMW, Ford, Honda, GM, Chrysler, Peugeot, Nissan, Hyundai together, their valuation is not up to Tesla for essentially the same business of buying and selling cars which all of them do exponentially more than Tesla. In 20 years time, Tesla must be able to sell more cars than all of them combined to keep up this valuation. Will Tesla continue to have such a superior advantage in technology over all car makers in that period to justify such valuation. The Chinese car maker NIO has been boosting my portfolio this week simply on the premise that they have comparable technology to Tesla, but they go one further in that their batteries are detachable and you can swap your batteries for fully charged batteries at designated swapping points instead of waiting to recharge. NIO is now worth double GMs value just because of this. So you see, Tesla can easily be disrupted. Tesla is just the WeWork of the car industry for now. Companies with 10 times more leased square footage were wondering why WeWork had 10 times their valuation, until kasala burst for WeWork.
read up on companies properly, tesla isn't just a car company, it's a conglomerate of different small businesses that feed off the car business, they even have more models in the works, speedster is coming, on battery day elon talked about a new battery that they will be designing and how they are going to vertical integrate the production, Cyber truck, even the $25,000 tesla that holy grail car that will anilate combustion engine industry completely
They have charging stations that they make money off, guy telsa is still undervalued in my opinion, the growth of that company especially with musk as its head is exponential
Space X is another monster that might go public in the future, if musk separates starlink from space X, space X will still be worth at least 200billion, if starship works, multiply that by 5
I follow elon and all his businesses, find the guy fascinating.
Ibime: Yes, I'm with you on that to a certain extent because Biden has promised to continue pumping liquidity so the train ride will continue deep into this year I think. However to tackle 2021 requires diversity across different holdings as individual stocks can go up or down 10% in a day, but generally on a bull run. This requires strong vigilance of constantly checking your portfolio on almost a constant basis which casual investors like us will not have time for. My approach is to put half my investment in fund managers in êtoro who can constantly check price swings and close positions for me while I just check my balance once a day and it's very stress free. They are up 2% for me just since start of January which is just one week. Anything above 10% for the year, I'll be happy with but I think they can do 40-80% for me in an expected bull market.
The other half, I keep in Kōinbaße for high risk crypto run which I'm still waiting to correct itself. I probably missed a chance and should have stayed in as I clocked in Saturday and clocked out Sunday but that one requires a lot of constant checking which I don't have time for, so I'll just chill till I see a more palatable entry point at which I can just fire and forget without constant checking.
Let me interpret for blueman
all he said was biden will pump more money into american economy and people will invest more so the market will be a feast
Says he wants a hands off approach to half of his investment
Said 10% gain on his portfolio aka total money when him invest with for the year means a good year of investing for him
That's all he said blueman, economics use plenty jargons to appear sophisticated
Na economics I study, I know every, watch this video, the guy break down the jargons when dem dey use
ogele: FOR THOSE OF YOU WHO DONT KNOW, OBAMA, and his cabinet members did not attend Donald J Trump inauguration, you guys can research these for record purposes cos they where not happy he won the Hillary Clinton...
obama didn't attend what?
Who be this people abeg, who give you access to internet
Kimbeast: Just saw a stat that says since United Appointed Solskjaer as manager in December 2018 they have been awarded 42penalities in all competition. 42pks in 115games. That's just insane.
Ibime: Just took the Pfizer vaccine. Thank God I have kids already since they want to use it to depopulate black people
what are you saying?
You know how vaccines work?
There is no vaccine wen no get side effects and they are mostly mild, for a vaccine to be engineered to attack a certain demograh is impossible, human genome is very difficult to predict, and the thing that makes us black can't be singled out, everybody get melanin, molecular level, no difference between white and black, same drugs work, how person wan plan an attack at that level, where there is no difference
mdan: That's actually my side too. From what I saw, a well orchestrated tunnel, fit enough to accommodate a lot of people. One can say that the government knows about that tunnel. Some people were caught there and burnt alive.
We now realize why the streetlights in that side doesn't work. Within that axis, the streetlights were delebrately turned off. For years, there's been a rise in mad men and women patrolling that area. Now it all makes sense. One can say those mad men were payed agents to watch out.
Lastly I'll say Lagos is becoming too small for heinous crimes.civilisation at best.
you can't build such a tunnel without raising attention
Govt must have done it years before the area blew up, so most aren't aware of the construction, maybe it was for drainage and they chose to abandon it, thugs in the area took advantage of the space
Neddstark: So there is a tunnel and the best blackman use am for is for rituals and kidnapping children. There is something critically wrong with people here. The inclination for evil is distressing.
I weak, someone obviously took advantage of an opening to steal but I don't think it's for rituals
ipobarethieves: they are here.Rev Righteousness2,Jonny and co miscreants Dey are their Niagra coordinator.Catch Rev Righteousness2 under cocoa tree first