Posted 19 Dec 2022 9 hours ago, catjones said: Elon Musk polls his followers: 'Should I step down as head of Twitter?' https://www.businessinsider.com/elon-musk-polls-followers-should-i-step-down-as-head-of-twitter-2022-12 How many CEOs where you work would do the same? I suspect he has already decided to step down. He's running to poll knowing the result will be yes, but saying he is listening to the "will of the people", "democracy has spoken" etc. 1 Share this post Link to post Share on other sites
Posted 19 Dec 2022 17 hours ago, catjones said: Elon Musk polls his followers: 'Should I step down as head of Twitter?' https://www.businessinsider.com/elon-musk-polls-followers-should-i-step-down-as-head-of-twitter-2022-12 How many CEOs where you work would do the same? I think he thought he would win. Trouble is what does he do now, walks away from Twitter, puts in a new CEO, and just takes a 4 million dollar loss per day, or does he sell it, for perhaps 5 or 7 billion, thus losing about 33 B$, that will make him look really great. Or he could say I was just joking and I just carry on as CEO of Twitter in which case he looks like a really jurk Cannot see a good option for Musk at this point, I am really surprised how fast the situation has changed. 0 Share this post Link to post Share on other sites
Posted 19 Dec 2022 11 hours ago, fraufruit said: It seems that the journalists who were recently kicked off of Twitter have been reinstated. The backlash was palpable when they were censored. Looks like someone listened. At the time it was "temporary". 0 Share this post Link to post Share on other sites
Posted 19 Dec 2022 From today's BBC News "Tesla's share price rose nearly 3% at around $154 each on US stock markets in early trading on Monday. However, the have lost nearly 60% in value this year." Don't these people know the English language? Don't they have proofreading software? Shouldn't someone be fired? The horror of it. 0 Share this post Link to post Share on other sites
Posted 20 Dec 2022 13 hours ago, catjones said: At the time it was "temporary". No. At the time there was no timeframe. Elon made the first poll to decide the length of the ban, the poll didn't bring the results he wanted (first time this happens) so he said there were too many choices and deleted the poll and brought a new one with only two choices "Unban them now" and "7 days ban". This poll again didn't bring the results he expected and he unban the most notorious ones, not all have been unbanned. People have been complaining that he runs these polls from his personal account instead of the Twitter official account, which is unfair because in his account he has literally millions of fanbois following him. However since the poll to Stop been Twitter's CEO didn't bring the results he expected, his new clever decision is that only Blue users can vote in his polls. So only fanbois can vote. PS. Blue users are the ones who pay for Twitter + the legacy Blue (notorious people). 0 Share this post Link to post Share on other sites
Posted 23 Dec 2022 The Oracle speaks https://www.youtube.com/watch?v=KACwZ5nQYhc 0 Share this post Link to post Share on other sites
Posted 25 Dec 2022 This Musk "interview" is with ex-Twitter employees and others. While it does get technical at times, Musk does give his rationale for the changes he's made, including mistakes. https://www.youtube.com/watch?v=gNNLq5pFs94 0 Share this post Link to post Share on other sites
Posted 10 January I never had any financial advisor or any financial plan till now. Always invested in stocks myself. Would like to know if someone can recommend a good financial advisor in Munich? Is there something like top 10 ETFs which I can start investing? I heard something about World ETF which invest in all big Tech Companies? Is it good to invest monthly few hundred euros in such ETFs for long term? I am in early 40s and would like to start something till my retirement. Any good advice? 0 Share this post Link to post Share on other sites
Posted 10 January I'm having this week the first meeting about investment with my wealth advisor. Until now we were calculating how much we're missing in income for our pension goals. Now we are looking at strategies to cover it. Let's see what he proposes, I hope it's more than just some Deutsche Bank funds... If you want to gamble by yourself, there is much to pick from. Here is an example with iShares. https://www.ishares.com/us/products/etf-investments#/?productView=etf&fmkt=43513&pageNumber=1&sortColumn=totalNetAssets&sortDirection=desc&dataView=keyFacts By filtering a bit, you can get it more tech focused: https://www.ishares.com/us/products/etf-investments#/?productView=etf&fmkt=43513&pageNumber=1&sortColumn=totalNetAssets&sortDirection=desc&dataView=keyFacts&ptrg=110 Here are the details of a specific one: https://www.ishares.com/us/products/272532/ishares-exponential-technologies-etf 2 Share this post Link to post Share on other sites
Posted 11 January 12 hours ago, MikeMelga said: If you want to gamble by yourself, there is much to pick from. Here is an example with iShares. https://www.ishares.com/us/products/etf-investments#/?productView=etf&fmkt=43513&pageNumber=1&sortColumn=totalNetAssets&sortDirection=desc&dataView=keyFacts . How come when I sort all 393 ETFs, the one with the LOWEST 12month trailing yield is actually 0.00% and not negative? I find it not realistic. Or did I do something wrong? 1 Share this post Link to post Share on other sites
Posted 11 January 12 hours ago, MikeMelga said: I'm having this week the first meeting about investment with my wealth advisor. Until now we were calculating how much we're missing in income for our pension goals. Now we are looking at strategies to cover it. Let's see what he proposes, I hope it's more than just some Deutsche Bank funds... Please let us know. 1 Share this post Link to post Share on other sites
Posted 11 January Buffett's longtime business partner Charlie Munger has been a champion of this EV company. Warren Buffett bought seven new stocks in the first nine months of 2022. Tesla (TSLA -0.77%) wasn't one of them. That doesn't mean that Buffett doesn't like electric vehicle (EV) stocks. Actually, his Berkshire Hathaway (BRK.A 0.22%) (BRK.B 0.26%) portfolio owns shares of one pure-play EV company and another automaker that's increasing its EV production. It's safe to assume that the former ranks higher on the legendary investor's list than the latter, since it makes up roughly twice as much of Berkshire's total holdings. This stock is also performing well as of late. Here's why Buffett's favorite EV stock is trouncing Tesla. Munger's miracle The stock to which I'm referring is BYD (BYDD.F 2.46%) (BYDDY 3.12%). Berkshire owns 14% of the Chinese EV company. And BYD is on something of a roll. The stock is up close to 5% over the last three months. Looks like the smart money is on BYD .... not Tesla https://uk.finance.yahoo.com/m/1b3d0103-21f9-3b53-803b-107b2ddcdb16/why-warren-buffett%27s-favorite.html?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo 0 Share this post Link to post Share on other sites
Posted 11 January 10 hours ago, yesterday said: Looks like the smart money is on BYD ... not Tesla Buffet reduced his participation in BYD by a third since August, and his latest sale was on Monday. BYD makes 7x less profit per car than Tesla. They cant drop prices like Tesla does. And most of their profit, if not all, comes from Hybrid cars, not EVs. That article is wrong, BYD is far from being a pure EV company. Tesla has outperformed BYD in the past 5 years by 2x in terms of stock growth. Trouncing Tesla? Quite the opposite. And to finish it... it's a chinese company, I'm not going to give money to a chinese company. Yes, BYD probably has a bright future ahead, but let's see it in detail before jumping in. 0 Share this post Link to post Share on other sites
Posted 30 January I think I will sell my NVIDIA stock. +42% in 4 months, really nice, but I don't see much more near term growth potential compared with risk. 0 Share this post Link to post Share on other sites
Posted 30 January Sounds like a good plan. Just don't look at it after you sell. Himself recently bought a penny stock and put a stop/loss on it. Made 50%. Then he made the mistake of looking at it. 0 Share this post Link to post Share on other sites
Posted 31 January Same here with Rheinmetal. The sale was triggered at 10% profit but the price kept going up. p.s. Just as I was posting I looked at the price and it's slumped 6% today, so maybe it wasn't such a bad trade after all. 0 Share this post Link to post Share on other sites
Posted 8 February I am currently looking to move away from Comdirect to Trade Republic for my passive investments but the fees for deposits to the cash account are a bit confusing. Is it free for SEPA bank transfers or does the 0.7% fee that applies to credit cards also apply to bank transfers? 0 Share this post Link to post Share on other sites
Posted 9 February I often get retroactive charges or credit of US withholding tax, sometimes backwarding up to 10 months. Is that normal or is my broker fucking up? 0 Share this post Link to post Share on other sites
Posted 9 February 15 hours ago, murphaph said: I am currently looking to move away from Comdirect to Trade Republic for my passive investments but the fees for deposits to the cash account are a bit confusing. Is it free for SEPA bank transfers or does the 0.7% fee that applies to credit cards also apply to bank transfers? I have been on Trade Republic for now ca 2yr. I love it. I think I've never paid any fee. Beside, the cash you keep with them, so the money not yet invested, return 2% p.a. Actually I also started with Comdirect, where our Girokonto is. Pity I couldn't move my CD depot to TR because, last time I checked at least, TR didn't have any of those particular ETFs that I would have moved. 0 Share this post Link to post Share on other sites
Posted 9 February Thanks for that. They do appear to charge very low or no fees for most of what I would be doing (lazy long term passive investing in a very limited number of low volatility ETFs) but the only open question I had was on the money transfer fee. I also immediately noticed the generous 2% p.a. on the cash account. Even if I don't trade much it's a handy place to park a few grand that will be needed in the foreseeable future instead of parking it in a 0.4% DKB Tagesgeld. I think I may move my rainy day money to there as long as they don't take 0.7% of it when I make the transfer. I am fairly confident now (from reading a couple of reddit posts) that the 0.7% fees for transfers really only applies to credit card payments. 0 Share this post Link to post Share on other sites
