Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"My goal is to live long enough to witness the discovery of intelligent life (or what passes for intelligence) elsewhere in the universe."
@hank- Start local: Let's see if we can find some here on earth first. :)
@Anna- Might not have been MIT, but I also definitely remember something along those lines- "paint" on the outside of buildings, if I recall correctly. But lots of times the way those kinds of things are reported suggest that the probabilities of su…
And here's a bit more in this area:
Electric car battery shortage looms in 2025, warns Stellantis boss
Edited excerpts from a report in The Guardian:
Carlos Tavares, the chief executive of Stellantis, one of the world’s biggest carmakers, has warn…
@BenWP- "Misery loves company". :)
A few things for sure:
• Complex processing chips are not going away any time soon.
• More and more very diversified products are using them, and demand is steadily increasing.
• ASML is surely one of the top lea…
@WABAC- Thanks so much for your note. I well remember the old Customs Building on Kearny Street- at 18 I first went there to enlist in the Coast Guard; four years later went there to get my FCC license. I loved the LORAN service- after the year at T…
@ Derf- Even in hot-to-trot California things are dicey. A recent survey found that almost 25% of existing charging stations are either inaccessible or out of service at any given time. By far the larger factor is the installation of home charging s…
@Crash- Your pic is eerily reminiscent of my year of isolated duty as an electronics tech at Tarumpitao Point on Palawan Island in the Philippines. The Coast Guard had chains of very high-powered navigation broadcast stations all over the word at th…
My concern is that we are going to have a sudden flood of new electric vehicles before anything close to the infrastructure necessary to support that. Hybrids will easily bridge that gap, but eventually the game will go to all electric. I doubt that…
Re ASML: I've got a working limit order to acquire a significant number of additional shares at $535. We shall see. There's no question in my mind that ASML will recover to justify our position. There is however, a question in my mind as to whether …
Having been with Apple since my first Mac+, I long ago learned to keep the operating system and all of my work files completely separate. That way if the OS becomes corrupted, it can be replaced without any impact on the work files.
Because the wor…
We run a fleet of 5 Minis and 3 G5s. The machinery works just fine. Unlike many users, I use CAD programs, professional Filemaker data base programs, and the older Claris Works spreadsheet and drawing suite. iTunes contains over 21,000 audio tracks …
I'm not the least bit surprised. I've always been an Apple person, but as far as I'm concerned they lost my appreciation and confidence years ago as they started becoming more and more intrusive with respect to them deciding how my computer should w…
@JohnN: Sir, the only recent reports regarding Putin and surgery were in the NY Post yesterday and the British newspaper The Sun. Both of those publications are owned and controlled by Rupert Murdoch, also owner of Fox "news". No reliable or respons…
"EU comes to the crunch over Russia’s demands to pay roubles for gas"
Here are heavily edited excerpts from the latest on this from The Guardian:
Europe is facing a crunch point in mid-May when EU member states will have to reject Moscow’s demands …
Certainly a detailed and thorough report. Unfortunately, little has changed since the last such report, also spotlighting JBS, that I recall reading quite a while ago.
Nothing will change unless the Brazilian government gets serious about this. An…
While I can appreciate the reasons that @Sven has chosen to use online payment via checking account, that is not an option for us. Every month two SS checks and two pension checks are deposited in that account, and at times there is a large amount o…
@yogibearbull- Thanks for your help on this story. I just checked NPR, The Washington Post, The NY Times, The Wall Street Journal, The Economist, and The Guardian for further news on this, but there doesn't seem to be any updates at this point. I gu…
@Sven- I always test each link that I post. I just tested this one again and it seems to work fine, but then we subscribe to The Economist. What happens when you try it?
From what I've been reading on MFO Vanguard seems to have a lot of well-trained and helpful customer service people. Maybe Fidelity can steal some of those folks.
:)
The following excerpt is from a daily newsletter by The New Republic:
Elon Musk sold about $4 billion worth of shares in Tesla, the electric-car maker he founded, presumably to fund his $44 billion prospective purchase of Twitter. He later tweeted (…
When we were buying our homes back in the 1970s the mortgage rates were typically 8% to 8.5%. However did we all manage without the real estate world crashing and burning?
Yes- the comparison between the two communications situations is very interesting. Along those lines, with respect to audiences perhaps similar to the duck hunters, I thought that one of the better attempts at Covid outreach to these communities was…
Frankly, I think that the entire Covid "communications" effort has been a major fiasco, from day 1, at all governmental levels- federal right down to city/county.
"Defense Secretary Lloyd Austin said the United States wants to see Russia “weakened to the point where it can’t do things like invade Ukraine.”
That's fine and good, but who exactly is expected to do the fighting?
As time wears on in Ukraine I'm …
Tesla shares sink, wipe out over $125 billion in value, as Musk scores Twitter deal
Following are excerpts from ☞ a current NPR article:
Taking over Twitter may be good for Elon Musk, but it hasn't been good for Tesla's shares.
One day after Twit…
Let us not have fragmented discussions about various utilities. Let us find a credible source that lists all US utilities and their current impact on climate, including how much they have invested in renewable energies as a percentage of the total G…
Let's see now... $13 billion from Morgan Stanley-
$12.5 billion loan from Morgan Stanley / Elon Musk-
$21 billion from Elon Musk-
Among Twitter’s biggest shareholders: Elon Musk & Morgan Stanley
That all seems pretty straightforward... no fun…