361–370 of 378 posts
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Oracle cares if 10 million people are spending $500 a month
No, they don’t. I’d be surprised if Oracle has more than a few hundred thousand customers. $500 a month does not let the largest department in Oracle (Legal) flex their muscles. Oracle is a law firm that sells software licenses so their lawyers have something to do, they aim for bespoke agreements slanted to their side.
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What is the specific lie in this case? I mean something that's factually incorrect, not just optimistic.
> I mean something that's factually incorrect, not just optimistic. https://x.com/elonmusk/status/2075291102324641925 At what point does the optimism become a lie?
This site is shady as hell. You try to decline marketing in their pop-up and it hides maybe a 100 providers and expects you to click each one individually.
This shady site is an established business created in 1949.[1] [1] https://en.wikipedia.org/wiki/Heise_Group
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> I mean something that's factually incorrect, not just optimistic. https://x.com/elonmusk/status/2075291102324641925 At what point does the optimism become a lie?
There's no lie in that tweet, just an opinion. You're free to ignore it as I do. You can even block or mute the whole account.
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Then just don't buy the pump-and-dump and stick to ETFs. Already explained things like lockup periods. Investment firms marketing the IPO also do. not. want. IPO prices to crater after the IPO. It makes them look bad, it harms their business, investors will avoid shops that loop them in on what turn out to be obvious scams or whatever. But even if they don't, who cares ? They (I) are sophisticated investors. If I mak…
> Then just don't buy the pump-and-dump… I feel like you're unclear on what information asymmetry means. This is "just don't get murdered!" style advice. > Why didn't I buy the SpaceX IPO? Because I think it's a crappy investment! They tried to pump-and-dump but they sure couldn't catch me. See how easy it is? The naïve retail investors you suggest should buy index funds will be exposed to SpaceX and the other AI com…
You're exposed to any company that hits the public market, depending on which ETF you buy. Could be the S&P 500 or a Total Market Index or some mix of those two plus international ETFs. You name it. Of course that's the downside of the ETF, but it's also the upside because the assumption is you can't pick winners and losers in the market so you buy them all.
I think, for example, Microsoft is a terrible investment because almost all of their products suck ass. I have shares though through an ETF and that's the price I pay because while I think it's a terrible investment I could be wrong. Just like you can be wrong about SpaceX.
Your point of contention here really just doesn't make a lot of sense.
You're declaring IPOs like SpaceX to be pump-and-dumps but not providing your own research and valuation model, and then at the same time complaining that retail investors who aren't doing their own research are going against industry advice and buying those IPOs, while also complaining that big banks shop IPO deals (as they have done for a century) to their high net worth clients who are... responsible investors who are making sophisticated decisions? And of course you're ignoring the fact that in order to offload bags one has to find someone to offload those bags to, there are lockup periods, due diligence, and other mechanisms in place to prevent or mitigate the scenario you are describing because it is bad business and you can be sued for doing shady things.
And you know what, maybe you're just wrong about SpaceX[1] and because the retail investors have shares due to the ETF they make more money than they otherwise would. In other words, calling something a pump-and-dump is just like, your opinion.
[1] I have no shares in SpaceX and don't care much about the company one way or the other besides being generally positive on space technology and exploration. I think Elon Musk is a loser, and I also don't own any direct shares in Tesla.
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There's no lie in that tweet, just an opinion. You're free to ignore it as I do. You can even block or mute the whole account.
"SpaceX will be worth more than the rest of Earth if we accomplish our goals" is a lie.
Of course, the aspiration and attempt may fail, but in this quote they did say if.
You're letting your dislike/distrust of Elon Musk cloud your judgement. If you don't like him or don't like what he says, don't buy shares in his companies, don't buy his products, and don't read what he writes.
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"SpaceX will be worth more than the rest of Earth if we accomplish our goals" is a lie.
Well not really. So you're wrong here yet again. What's the total value of all minerals and resources on Earth. If SpaceX had a goal to colonize other planets or asteroids and the sum total value of the minerals and other resources that they had access to was greater than the value of what is here on earth, what exactly is a lie about that statement? Of course, the aspiration and attempt may fail, but in this quote t…
I can do this, too, you know? "Nuh uh!"
> What's the total value of all minerals and resources on Earth.
That seems like an odd definition for Earth's value.
> You're letting your dislike/distrust of Elon Musk cloud your judgement.
No, I'm considering the fact that he has provably (in court!) lied about stuff like this, repeatedly, to the point of the SEC slapping a minder on the guy's tweets for a while.
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Well not really. So you're wrong here yet again. What's the total value of all minerals and resources on Earth. If SpaceX had a goal to colonize other planets or asteroids and the sum total value of the minerals and other resources that they had access to was greater than the value of what is here on earth, what exactly is a lie about that statement? Of course, the aspiration and attempt may fail, but in this quote t…
> Well not really. So you're wrong here yet again. I can do this, too, you know? "Nuh uh!" > What's the total value of all minerals and resources on Earth. That seems like an odd definition for Earth's value. > You're letting your dislike/distrust of Elon Musk cloud your judgement. No, I'm considering the fact that he has provably (in court!) lied about stuff like this, repeatedly, to the point of the SEC slapping a…
It's not, you're just being argumentative for no reason.
It's very normal for someone to value a planet or other celestial body in terms of the value of the minerals or other resources on that body.
You can ask for clarification from them for what they really mean though, but just calling it an outright lie doesn't seem accurate.
> No, I'm considering the fact that he has provably (in court!) lied about stuff like this, repeatedly, to the point of the SEC slapping a minder on the guy's tweets for a while.
Don't buy shares in his companies if you don't like their business plans or believe their assumptions. Use your own judgement, create your own models, make your own assumptions.
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If you look back to what he has been able to get away with, and still get re-elected, I'd say he is.
Nah, they tried the invulnerable thing. They tried really, really hard to avoid the "chaos in the White House" firings from the first term. Noem wrecked it.
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The Republican strategy has moved away from swaying public opinion for a while now. Now their strategy is to manipulate voting maps, intimidate voters and suppress votes in areas likely to vote against them. The Iran war is unpopular, but they did it anyway.
It doesn't matter anyway. The US is done. The empire's peak was towards the end of last century. That's one reason the nostalgia play works so well. A Trump supporter in 2026 can see that their past looks better than their future, they're just wrong to imagine that they can do anything about that. I think it's interesting to analyse Xi, who unlike Trump is aware that the US is failing and that most likely China will…