Title : Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018
link : Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018
Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018
This is very, very interesting. The Tesla story / analogy seems exactly correct. My analogy: when it comes to Apple, I am Fanboy #3. In fact, that is my "handle" on Apple sites from as far back as ten years ago. I've long forgotten who fanboys #1 and #2 were.I am a huge fan of Apple. The products, first, and then, later, the company.
I was even interviewed by The WSJ years ago in which I said I would be buying iPhones for all members of my family. That story was published and I have a copy somewhere. My fifteen seconds of fame.
But, it turns out, that although all members of my family got an iPhone shortly after that article, I did not get an iPhone. Nor has one other member of our family: our younger daughter. She and I held out with Samsung clamshells all these years.
About two weeks ago, my Samsung clamshell died and I was forced to buy a new cell phone. The old clamshells are, for all intents and purposes, no longer available. I was pretty much forced to get a smartphone, so I finally broke down and bought my first iPhone, an iPhone SE, which I think is costing me $5/month.
So, with all that for background, this story from MarketWatch:
Tesla Inc. fans have waited a long time for the chance to buy the electric-car company’s Model 3 sedan, but an analyst said Monday that many didn’t jump at their first chance to buy one.After three years of waiting, a lot of folks who reserved a Tesla have changed their minds for some reason. Much could be written but I will leave it at that.
Bernstein Research analyst Toni Sacconaghi Jr. said among that the most recent group of reservation holders to receive purchasing privileges — existing owners of the company’s previous cars, the Model S and Model X — less than 30% opted to configure and purchase the car when given the chance. That was just the second group to receive access to purchase a Model 3, after Tesla employees.
“If correct, this take rate would be substantially worse than predicted by our July 2017 survey, which had indicated that up to 69% of S/X owners with reservations were likely/very likely to take delivery of their Model 3,” Sacconaghi wrote.
By the way, I love my iPhone SE.
Coincidentally, Sophia and I spent the evening in Southlake (TX) last night. Our first stop: the Tesla showroom across the street from the Apple Store in Southlake's town center. Sophia loves to get into the Tesla and play with all the gadgets, especially the out-sized "iPad." Last night, Tesla put on a huge light and music show, showcasing the Model X. All three Tesla models were on the floor: the Model S; the Model 3; and, the Model X. One has to admit, Ford was being a bit petty not allowing Elon Musk to use the "Model E" moniker. LOL.
The Model S she was in (I believe) was silver/grey, if I recall correctly; the Model 3 was bright red; and, the Model X was white. Really, really white. With regard to the Model X, I was really impressed. I am unable to find a cross-over SUV that is not too big that has a third row. The Model X had a third row; it might be a bit tight, for basic transportation it would bet around quite nicely. I will have to go back and look at it more closely but it appears the passenger accoutrements in the Model X were sorely lacking, compared to what we have even in our 2005 (yes, 2005) Chrysler minivan.
*********************************
Scott Adams Has A Great Periscope Today
Adams almost "loses it" (in fact, I think he does lose it) on today's periscope, trying to explain to folks how they are being given really, really bad advice. Through social media, folks are being told with whom they can and cannot associate with.
He made a mistake in the periscope. But it is a very, very subtle mistake. Most will not pick up on it.
But back to his thesis: trying to explain to folks how they are being given really, really bad advice. I don't know how to measure the success of my life but without question I feel whatever success I have achieved, it would have been significantly less had I not read and listened to the viewpoints of many, many people, many of whom I strongly disagreed with. Quick example: I disagree with Warren Buffett's politics (and in many cases, I feel he is strongly hypocritical (more on that later) but, wow, a serious investor would be a fool not to listen to him.
***************************************
Highly Hypocritical
Warren Buffett defending Wells Fargo. And even worse, the "way" he defends Wells Fargo -- saying Wells Fargo is no worse, no better than other banks. Wow.
He is too old now to outlive how this story will play out. At the end of the day, he probably missed an opportunity to sell the stock and now he's stuck with it. From an investor's point of view, he's stuck with Wells Fargo. (Having said that, he was able to walk away from COP, saying that was one of his worst investments ever. So, he is able to take a loss if he wants.)
Apparently, what Wells Fargo did was not enough to convince Warren Buffett to walk away. This will be one of the greatest investor's lasting legacies: "Wells Fargo is no worse than the other banks." Wow.
But there's no way he can look his fellow Democrats, Bernie Sanders and Pocahontas, in "the eye" and defend Wells Fargo. But they will still take his money.
I guess if one calls John McCain a RINO, one can call Warren Buffett a DINO.
A stain.
Thus Article Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018
That's an article Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018 with the link address https://mylivemyidea.blogspot.com/2018/05/idle-rambling-on-beautiful-sunday.html
0 Response to "Idle Rambling On A Beautiful Sunday Afternoon -- May 6, 2018"
Post a Comment