I was recently shopping for an UPS + couple 100Ah Batteries solution and failed to find an easy way to buy something not manufactured in China. Northvolt seems to not be present in retail at all. Are there any good places I should've checked out?
As far as I can tell, essentially the entire "portable" battery (like car batteries in the 100Ah range) is essentially a sturdy plastic container around generic manufactured battery cells.
There are only a few companies that actually manufacture their cells in the USA.
Well sure, because they're an investment company. They manage people's money. A lot of people seem to talk about BlackRock as if they're investing their own money, which would be similar to pretending your bank owns all the money that you put in it. They have $10Tn under management, but they have a market cap of $100bn. So the vast majority of what they're doing is just brokering deals for their investors. The fact t…
$10 tn AUM is way too much. I don’t see what the price of their stock has to do with anything.
What’s the rate on the note? US treasuries are paying 5+%. Unless there’s some bonus exercise rights for the conversion, this must add some significant credit risk premium.
There’s conversion rights to covert into equity, that’s why it’s called a convertible note. Otherwise it’s just called a bond.
What's the advantage of selling a convertible note to an investor compared to just selling them equity directly?
Is the idea that if you're profitable before the note expires then you have the ability to buy the note back without losing equity?
Blackrock even manages a large part of Jerome Powell's, the chair of the Federal Reserve, money. It appears to be a conflict of interest but maybe I don't understand the intricacies of the monetary system. "The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth" [0] [0] https://wallstreetonparade.com/2021/10/the-fed-is-subsidizin...
Virtually every rich person in America might have some funds with BlackRock, whether directly or indirectly. The site you linked is doing a favorite exercise of conspiracy therorists; A is related to B which is related to C which is related to D. Therefore, A and D have conspired, despite in reality not having anything to do with each other.
And you are assuming that the problem is a real conspiracy theory. There is no need to assume any conspiracy to understand that the system is crooked. Even if it is "normal" to have A linked to B then linked to C, with A benefiting C, there is a moral hazard in a system that makes this possible.
Blackrock even manages a large part of Jerome Powell's, the chair of the Federal Reserve, money. It appears to be a conflict of interest but maybe I don't understand the intricacies of the monetary system. "The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth" [0] [0] https://wallstreetonparade.com/2021/10/the-fed-is-subsidizin...
>It appears to be a conflict of interest [...] The fed choosing an asset management firm is similar to choosing a vendor. That in itself isn't a "conflict of interest". That only arises if there's reason to believe that the Fed or its officials are making decisions that benefit themselves personally at the expense of the fed. For instance, if they hold outsized positions in blackrock and chose them despite not being…
The Chairman of The Fed has his assets being managed by a company that the Fed does business with. It's completely reasonable to assume a conflict of interest in this less-than-transparent environment.
The upper tiers of power don't deserve the benefit of the doubt.
What they haven't Blackstone has - they're related private equity groups, aka late capitalist cancer ala Gordon Ecko's 'I produce nothing , I do nothing , I own '.
Owning a stock is a verb. Allocating capital takes a lot of work, and a lot of courage. Gordon Gecko is a fictional character. Having said that, Blackstone/rock has grown far too much. People need to stop sending their money to their index funds.
> Allocating capital takes a lot of work, and a lot of courage.
I don't think it does. Sitting on this kind of capital is easy, sprinkle it in enough places during good times and you'll get good results. Add some contacts to that (like private phone calls with the FED) and it's even easier. Having capital is a shortcut to making things happen. What's difficult and takes work is bootstrapping without capital.
Blackrock even manages a large part of Jerome Powell's, the chair of the Federal Reserve, money. It appears to be a conflict of interest but maybe I don't understand the intricacies of the monetary system. "The Fed Is Subsidizing the Money Market Funds Operated by Larry Fink’s BlackRock as BlackRock Manages a Big Part of Jerome Powell’s Wealth" [0] [0] https://wallstreetonparade.com/2021/10/the-fed-is-subsidizin...
Virtually every rich person in America might have some funds with BlackRock, whether directly or indirectly. The site you linked is doing a favorite exercise of conspiracy therorists; A is related to B which is related to C which is related to D. Therefore, A and D have conspired, despite in reality not having anything to do with each other.
Powell and Blackrock have something to do with each other. It's reasonable to assume a conflict of interest.
"Fed Chair Powell Has Upwards of $11.6 Million Invested with BlackRock, the Firm that Will Manage a $750 Billion Corporate Bond Bailout Program for the Fed
" [0]
There’s conversion rights to covert into equity, that’s why it’s called a convertible note. Otherwise it’s just called a bond.
What's the advantage of selling a convertible note to an investor compared to just selling them equity directly? Is the idea that if you're profitable before the note expires then you have the ability to buy the note back without losing equity?
If you buy equity in a highly risky company, there's a very large chance that equity ends up worth nothing before you can sell it to someone else.
If you do a convertible note, you have liquidation preferences and will get most of your money back in the high probability event that the company fails.
I was recently shopping for an UPS + couple 100Ah Batteries solution and failed to find an easy way to buy something not manufactured in China. Northvolt seems to not be present in retail at all. Are there any good places I should've checked out?
Maybe not a full answer to your question, but reviews from Will Prowse are great. Check his youtube/website.