jaster
jaster
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avatarjaster
2021-12-29
Elon says he is selling Tesla stock to pay taxes, but he has sold far more than is necessary to pay off his taxes. The fact that the founder/CEO (who presumably has unparalleled access to insider information) is doing so should be a huge warning to anyone not blinded by the Tesla hype.
Elon Musk Sells $1.02 Billion Worth of Tesla Shares
avatarjaster
2021-12-07
Only reason it's still alive is that Grab has been burning billions of dollars for years without any lasting benefit. Undifferentiated products in sectors with no barriers to entry. Doomed to fail once SoftBank finally decides to pull the plug.
Grab shares slid more than 4% in premarket trading
avatarjaster
2021-12-02
Very pessimistic on Grab. They are facing massive competition in every sector they are in, and compared to their competitors their offerings are either undifferentiated (ride hailing, food delivery) or downright inferior (finance).Every new sector they expand to just brings even more competitors for them. What's worst is all of these competitors are largely focused on a single sector (e.g. ride hailing - gojek, food delivery - food panda/deliveroo, finance - banks), and can devote all of their resources to defending their market share while Grab's resources are spread out.Some people see this involvement in multiple sectors as a good thing due to network effects, I see it as a sign of desperation as they are not able to be profitable in any sector. As a Grab user myself, I can safely
Grab debuts on Nasdaq, marking biggest Southeast Asia listing
avatarjaster
2021-12-02
Very pessimistic on Grab. They are facing massive competition in every sector they are in, and compared to their competitors their offerings are either undifferentiated (ride hailing, food delivery) or downright inferior (finance).Every new sector they expand to just brings even more competitors for them. What's worst is all of these competitors are largely focused on a single sector (e.g. mobility - gojek, food delivery - food panda/deliveroo, finance - banks), and can devote all of their resources to defending their market share while Grab's resources are spread out.Some people see this involvement in multiple sectors as a good thing due to network effects, personally I see it as a sign of desperation as they are not able to be profitable in any sector. As a Grab user
Grab's Q3 Earnings Invalidated Our Previous Hypothesis
avatarjaster
2021-11-08
I can't decide whether the Tesla fanboys are delusional or naive - do they really think the musk would sell his own shares if he didn't think they were overvalued?
Tesla shares fell 9% in Frankfurt Stock Exchange
avatarjaster
2021-11-06
TSLA price is primarily driven by greed and blind faith rather than rational analysis. I'm certain most retail investors buy without considering if the price makes any sense - they buy because the price has risen in the past. And so none of these statistics will ever make sense to them.
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avatarjaster
2021-11-06
It's a bubble. Isn't the first, definitely wouldn't be the last. Still, retail (and indeed, institutional) investors are not always rational and it may be a long time before it finally bursts. You don't want to be left holding the bag when that happens. "Invest" if you like, but don't put everything in it. And definitely don't trade on margins with this counter.
Tesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.
avatarjaster
2021-09-24
I don't think bitcoin is anything like gold. Gold is valuable as it taps into every human's innate desire to show off their wealth. 3 traits allow it to do so - it is eyecatching (sparkly and shiny), easy to wear (jewelry) and credible (if you wear it, you show ownership over it). Bitcoin has none of these traits - it only exists virtually (so you can't attract attention or show it off) and isn't credible (anyone can claim to own it, impossible to verify).
If Bitcoin Really Is Digital Gold, Then $500,000 Is the Next Stop

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