Wez
DA
Let's try again, what do you do for a living Biz?
Essential Economics for Politicians
- Thread starter Bruddah IZ
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Let's try again, what do you do for a living Biz?
Bruddah IZ
DA
Bruddah IZ
DA
Wez
DA
What aren't you expert on?
Bruddah IZ
DA
Wez
DA
Do you think I was lying when I said I was short TSLA stock?
Bruddah IZ
DA
Bruddah IZ
DA
https://fee.org/articles/how-to-get-progressive-students-to-understand-the-minimum-wage/
Sidney and Beatrice Webb (1897 [1920], p. 785) put it plainly: With regard to certain sections of the population [the "unemployable"], this unemployment is not a mark of social disease, but actually of social health." "[O]f all ways of dealing with these unfortunate parasites," Sidney Webb (1912, p. 992) said in the Journal of Political Economy, "the most ruinous to the community is to allow them to unrestrainedly compete as wage earners.
Sidney and Beatrice Webb (1897 [1920], p. 785) put it plainly: With regard to certain sections of the population [the "unemployable"], this unemployment is not a mark of social disease, but actually of social health." "[O]f all ways of dealing with these unfortunate parasites," Sidney Webb (1912, p. 992) said in the Journal of Political Economy, "the most ruinous to the community is to allow them to unrestrainedly compete as wage earners.
Wez
DA
That's funny, it sounded like you didn't think I was.
I think Musk is a great value to our Country and economy, but that doesn't mean his stock is a great value. With Trump's election and cabinet selections and Tesla having just absorbed SolarCity, I think TSLA could get cut in half, easy.
Bruddah IZ
DA
Wez
DA
Gee, maybe it was your response to me saying I was short TSLA, "No you're not"
Bruddah IZ
DA
Bruddah IZ
DA
Wez
DA
Not conflicted at all. A major new electric car company, pushing the technology envelope, creating a new industry (past attempts have been weak) and purchasing option for the public, we need more of that kind of thing. Does that mean the stock will always go up, no.
Bruddah IZ
DA
I donʻt care about the stock price as much as I care about the underlying assets and their financial structure. You are conflicted in your actions. If not, you would be long on TSLA instead given your "good value" assessment. Glad to hear youʻre thinking in terms of risk pools and thus hedging.
Wez
DA
You think that, for your own Biz reasons. Respecting an entrepreneur's contribution to our society has nothing to do with thinking a stock is a good value. I'm a long term bull on Musk, short term bear on TSLA.
Bruddah IZ
DA
Wez
DA
Nobody is fatter than when dining at the table of fossil fuel subsidies... Incentivizing people to develop and purchase cleaner forms of energy is fine with me.
Bruddah IZ
DA
Wez
DA
Nothing stopping others from taking advantage of incentives. You're just a hater...