And Lusty Lad and WTF are arguing over whether GDP growth of 3% per annum is high

eccieuser9500's Avatar
Chung Tran's Avatar
I don't do financial talk. That was the latest news release on the lesbian according to Google. (Let's start that schmear campaign.) Originally Posted by eccieuser9500
Ok. Well, the answer is a resounding ''yes''!
The_Waco_Kid's Avatar
You are acting so immature today. But you know that already. Originally Posted by Chung Tran



if you say so Peking Duck
Chung Tran's Avatar
if you say so Peking Duck Originally Posted by The_Waco_Kid
I say so, Bejing Boogie Boy
The_Waco_Kid's Avatar
I say so, Bejing Boogie Boy Originally Posted by Chung Tran



if you say so Vịt quay Bắc Kinh
eccieuser9500's Avatar
if you say so Vịt quay Bắc Kinh Originally Posted by The_Waco_Kid

If you say so Mein Führer.


The_Waco_Kid's Avatar
If you say so Mein Führer.


Originally Posted by eccieuser9500

if you say so Jojo Rabbit



lustylad's Avatar
What prompted him to post that we had annualized 30% growth under Trump?

We did, for one God Damn quarter, ''annualized''. Originally Posted by Chung Tran
You're a complete dumbfuck.

This is what I posted - "Well, We Did Clock Over 30% (Annualized) GDP Growth In Q3 2020".

Can you fucking read? Q3 means it was "one God Damn quarter". Annualized means you multiply one quarter's result by four.

I said nothing about Trump or who was President at the time, you shit-stirring partisan dickbrain.

I merely pointed out the US economy had grown, if only for one quarter, at an annualized rate at or near the ridiculously elevated pace suggested by Cathie Wood.


Does Lusty think we are retarded? Originally Posted by Chung Tran
Yes. It's obvious to everyone both you and WTF are retarded partisan hacks.
lustylad's Avatar
Someone should tell Cathy that Tesla is no longer a growth company. Originally Posted by Chung Tran
Who told you that, chungy?

Chung Tran's Avatar
You're a complete dumbfuck.

This is what I posted - "Well, We Did Clock Over 30% (Annualized) GDP Growth In Q3 2020".

Can you fucking read? Q3 means it was "one God Damn quarter". Annualized means you multiply one quarter's result by four.

I said nothing about Trump or who was President at the time, you shit-stirring partisan dickbrain.

I merely pointed out the US economy had grown, if only for one quarter, at an annualized rate at or near the ridiculously elevated pace suggested by Cathie Wood.




Yes. It's obvious to everyone both you and WTF are retarded partisan hacks. Originally Posted by lustylad
You mad Bro?

To say with no context, that the US grew 30+% in QE 3, 2020, is absurd and disingenuous. Given the number of Trump worshippers in this Forum, I naturally wonder if Trumpian reverence caused you to cite such a worthless statistic.

Regarding Tesla, and the topic under discussion, I said they are not a growth stock. All companies grow, I didn't expect you to be so literal.

Barron's agrees with me.

https://www.barrons.com/articles/tes...es-51632777811
Lucas McCain's Avatar
I'm not going to bad mouth the lady but I'll just say she is rich, so she has the luxury of speculating more than someone like I am able to do in the market. If she guesses wrong like many speculative investors, she probably doesn't even care at her age. She is 66 years old. Bad investment? Big deal, that's just less money for her kids and grandkids after she is dead, but they'll still get plenty of millions.... at least that is the way I would think if I was her age and had her money.

Having said that, I strongly believe in ageism for certain jobs for a reason. To be more specific, every job that requires a lot of thought, particularly if there are analytics involved... this forum only makes me believe it even more with all of the dipshit geezer Trumpette blouses in here.
  • Tiny
  • 05-26-2022, 03:44 AM
Regarding Tesla, and the topic under discussion, I said they are not a growth stock. All companies grow, I didn't expect you to be so literal.

Barron's agrees with me.

https://www.barrons.com/articles/tes...es-51632777811 Originally Posted by Chung Tran
Aaayh young grasshopper, the world around you is speaking to you. And you must learn to understand it. The answer is not always what it seems. In the interest of accelerating the learning process, I have reworded the Barrons article as a multiple choice question. For if I just tell you the answer and you never think about the question, then you will never learn.

Barrons

September 27, 2021

The yield on the 10 year U.S. Treasury note rose to 1.48% from 1.45% Monday....

Stock in Tesla didn’t act like shares of the fast-growing leader in the rapidly expanding high-tech market for electric vehicles on Monday. Rates rose and tech stocks fell, but Tesla continued its upward march, behaving more like a _______________________

(a) traditional auto company
(b) can't lose proposition
(c) Meme stock
(c) Ponzi scheme
(d) way to make enough money to start banging high dollar hotties instead of 280 pound pregnant, lactating hookers in Redbird Roach Motels
  • Tiny
  • 05-26-2022, 03:52 AM
OK Chung Tran, my point is that what you read in Barrons isn't that meaningful. It's some pundit trying to make sense out of randomness.

And you are my hero, for fearlessly going where no man has gone before (Marvin D Love near Camp Wisdom according to your encounter report) and living to tell about it.

https://www.eccie.net/showthread.php?p=1061828570

Hope you don't mind me reposting that from time to time. It's one of the best reads on eccie!

It would be hard to not call Tesla a growth stock. It's selling on 84X trailing 12 months earnings, with an EV/EBITDA of 53. Compare to Ford's P/E of 10X and EV/EBITDA of 4. And the analyst consensus is for revenues to grow from $62 billion to $188 billion over the next 5 years. If Tesla doesn't grow the company is way overvalued.
WTF's Avatar
  • WTF
  • 05-26-2022, 06:45 AM



Yes. It's obvious to everyone both you and WTF are retarded partisan hacks. Originally Posted by lustylad
You take Trump weenie out your mouth before speaking to me!

Whose stock is up 30% this year? I would say the reason for that , at least partially, is because WTF does not invest with a "partisan hack" mindset.

In 2017 I did not brag about Trump easing QE and proclaiming he will run 3 plus % growth. I didn't sit silent while he ran almost trillion dollar deficits...or while he ran up between 8-9 trillion dollars worth of debt in 4 short years. That is wtf a true partisan hack does. Or maybe you're just a little cult member like bambino
Maybe CM can tell us how much a hundred million bazillion is? Originally Posted by lustylad
Not sure, actually. Looks like a job for Mr. Firestorm!


Regarding Tesla, and the topic under discussion, I said they are not a growth stock. All companies grow, I didn't expect you to be so literal.

Barron's agrees with me.

https://www.barrons.com/articles/tes...es-51632777811 Originally Posted by Chung Tran
Barron's "agrees with you?" Seriously?

To people knowledgeable about markets and investments, it looks a lot more like some confused finance journo at Barron's (there are many!) wrote that Tesla "is not acting like a growth stock." (Not that it isn't universally considered one.)

Several months later, this popped up:

https://www.barrons.com/articles/app...071927?tesla=y

Right there in the title:

"Apple, Tesla, and 98 Other Growth Stocks that are Getting Their Groove Back"

Oops!

I'm not going to bad mouth the lady but I'll just say she is rich, so she has the luxury of speculating more than someone like I am able to do in the market. If she guesses wrong like many speculative investors, she probably doesn't even care at her age. She is 66 years old. Bad investment? Big deal, that's just less money for her kids and grandkids after she is dead, but they'll still get plenty of millions.... at least that is the way I would think if I was her age and had her money Originally Posted by Lucas McCain
She certainly does have the luxury of speculating! Far more than many realize, I suspect.

Because she pulls down some awfully rich fees compared to most other fund managers. Estimates of the fees she's pulled down over the last few years seem to run in the $200-300 million range, I have read. (No matter how many terrible investment decisions she makes from here on out, she ain't likely to ever be completely broke!)

Mix a cocktail of wild exaggeration and hype, bizarro world narratives, and the ability to sling bullshit with consummate skill, and the sky's your limit.

That's a time-honored formula that's worked wonders for centuries!

.