blownheadlight

@gothburz Should have spent that money on XOM. It’s going to $200, easy. Scared money is all fleeing there.

I bought Rivian stock on IPO day. November 10, 2021. $172 a share. I bought 58 shares. That was $9,976. I remember the exact number because my girlfriend asked what I spent ten thousand dollars on and I said "the future of transportation." She said "you drive a 2017 Civic." I said "exactly." $1,000 invested at IPO is now worth $149.06. I have that number memorized. I check it before coffee. I check it after coffee. I check it during meetings where I'm supposed to be listening. The number changes by pennies. The pennies matter to me now. The thesis was simple. Rivian was the next Tesla. They had the Amazon delivery vans. They had the adventure truck. They had the factory in Normal, Illinois. I told people the factory was in a town called Normal. I thought that was meaningful. A sign. The future of transportation, built in a place called Normal. The factory produced 24,337 vehicles in its first full year. Tesla produced 1.8 million. I called that "room to grow." I have been through six theses on Rivian. Thesis one: they're the next Tesla. (Stock dropped 40%.) Thesis two: the Amazon vans are the real play. (Amazon cut the order.) Thesis three: the R2 platform will be the mass-market breakthrough. (Delayed 18 months.) Thesis four: the Georgia factory changes everything. (Paused indefinitely.) Thesis five: Volkswagen's $5 billion investment validates the technology. (Stock kept falling.) Thesis six: Uber robotaxis. This is the pivot. Every time the stock drops, I find the new thesis. I don't look for it. It finds me. I open Reddit. I open the Rivian subreddit. Someone has written a post titled "Why this is actually bullish." It has 400 upvotes. I read it. I agree with it. I was going to agree with it before I read it. The agreement is the point. The DD is the prayer. My cost basis is $172. The stock is $14.06. I am down 91.8%. I could have bought a used Rivian R1T with the money I've lost on Rivian stock. I have not done the math on this. I'm doing it now. Yes. I could have bought one. A 2022 with 30,000 miles. I would have the truck AND the remaining money. I drive a 2017 Civic. My coworker Dave bought index funds. Dave is up 34% over the same period. Dave brings a sad lunch to work every day. Turkey sandwich. Same sandwich. Dave will retire at 65 with a comfortable nest egg and a lifetime of turkey sandwiches and he will never know what it felt like to be early. I am early. I have been early for four and a half years. At some point early and wrong have the same return on investment. But they feel different. Wrong feels like a mistake. Early feels like a strategy. I feel like a strategy. The Uber partnership was announced Tuesday. I texted three people. One was my brother. One was a guy from the Rivian subreddit whose real name I don't know. One was my girlfriend. My ex-girlfriend. She stopped asking about Rivian in 2023. She stopped asking about anything in 2024. The stock jumped 10%. It gave half back the same day. But for eleven minutes I was only down 81% instead of 85%. I called that momentum. I took a screenshot. I still have the screenshot. Rivian will build robotaxis for Uber. Rivian has not built a profitable vehicle for anyone. Rivian lost $38,784 on every vehicle it delivered last year. That's not my number. That's their 10-K. But I don't think about it that way. I think about it as investment in scale. Scale means you lose money faster until you don't. Uber needs thousands of autonomous vehicles. Rivian needs to not go bankrupt before 2027. These are complementary needs. That's a partnership. That's synergy. That's the pivot. Dave asked me yesterday how much I'm down. I said "I'm long-term." He said "it's been four years." I said "Tesla was down 80% once." He said "Tesla was also profitable once." Dave went back to his sandwich. Dave doesn't understand pivots. I bought more shares this morning. This is the pivot.

@Streetfilms @wesamo__ Shut the fuck up, you whiny ass gentrifiers.

@wesamo__ Yuppers.

Yes I moved to NYC from small town Canada Yes I work in tech and live in Brooklyn If that makes me a "tech bro gentrifier" then so be it, I'm tired of worrying about so called "real New Yorkers" who do nothing but hate and judge others that come here to make New York a better place

@Eric_P8 @CowboyShepherd2 You’re dumb. He took a retirement payout early and signed an NDA. He’s playing you.

@CowboyShepherd2 Don't do it for you, do it for all the other people they'll do this to. If you're blessed with resources use them to make the world a better place.

My flying career is officially over. It came about 644 days earlier than expected. Apparently some of my mean tweets got the attention of the FHTMMM cabal, and my company’s HR department has more power than the Chief Pilots. Anyway, God has blessed me more than I could ever merit, and I know He will stand by us still. 🤠

@CowboyShepherd2 @RC135V I can’t imagine why a large corporation wouldn’t want you working for them.

@CbrandtChris @PaulDMauro And then having racist assholes on the internet try to politicize your death.

@PaulDMauro Imagine living 83 years to die that way

How about a comment re: the illegal alien who pushed an 83-year-old veteran onto the subway tracks? And killed him? Yeah didn’t think so.

@GivnerAriel @bgrace805 lol. You’re a clown.

@bgrace805 I think you have just changed my mind.

This is disgusting and I can’t wait for the appeals. The precedent set by YouTube being liable for screen-time addiction is kind of scary. Treating algorithms like a defective product opens the door to endless lawsuits over “addictive” tech. What’s next? Books, video games, junk food? What happened to personal responsibility?

@nysportshitpost @TCN819 @BenRitholtzNBA lol. I’d like to point out that you’re making up a whole story to justify Juan hanging on the Yankees socials nuts.

@TCN819 @BenRitholtzNBA He’s infected. Walking dead vibe. He’s a bleacher creature

He is correct that the Yanks are apparently rent free in his head though not sure why that is humorous to him.

@AlexisWilkins Conclusion; this bitch is certifiably nuts.

I am not saying anything, I ran data - I am asking you to draw your own conclusions.

THREAD: (1/13) A foreign-linked influence network has been running coordinated operations against the Trump administration for 22 months. I know it's real because they ran one against me. I was targeted in something I knew was far from organic. This level of media is isolating, unwanted, and unwarranted. There was nobody to help, nobody to jump in and say, this is a false OP and help me. Well, I don’t believe in problems without solutions, so I’ve spent the last few months learning to build programs to utilize publicly available information to prove that this is way bigger than me. This is about creating chaos in the Republican Party. It's about the organized effort to lose Republicans the midterms and subvert President Trump's agenda, and I have the data for you to see 🧵

@CT_RSTA @MasterHistory23 @Mylovanov Someone get this retard on a ship, pronto,

@MasterHistory23 @Mylovanov It would take like 12 perfect hits from a drone to stop a tanker. No mine damage at all. The fucking insurance cock suckers in london are the problem.

Brad Cooper, CENTCOM commander: The Strait of Hormuz is physically open to transit. The reason that ships are not transiting right now is because the Islamic Republic is shooting at them with drones and missiles. Our job is to decrease the Iran's ability to attack shipping. 1/

@JLCauvin Ugh. Saw the thank a cop thing at the Knicks game the other night. So gross.

NY Rangers season and culture in a nutshell tonight. First 40 minutes of game: Times asked to thank a cop by MSG Public Address: 3 Ranger shots on goal: 4

@Netswamp @draftcbplease lololololol the clays. Rusty ass toilet.

@draftcbplease Nah the clays was rocking those years

Look it sucks but I wouldn’t worry. Those same people will jump on the bandwagon when the Nets are running the league in a few years and the Knicks are sending them lottery picks every year 😂

@AlliHim32 @ericmmatheny I mean, it’s not unreasonable to try to avoid a video of one your most embarrassing moments becoming public. Frankly, it’s weird that they release any bodycam video to the public in a case with undisputed facts.

This is a typical; rules for thee not for me. He’s very lucky he didn’t kill anyone. The fact that he tried to stop this from becoming public again reiterates this out of touch mentality of famous people. I’m glad it’s public and given his enormous fan base hopefully he can speak out against drunk driving.

You’re not 21 anymore. You’re in your mid 40s. You’re wealthy beyond most people’s ability to understand wealth. Either stay at home with your family or if you must go out and get wasted, take an uber.

@NACHOS2D_ Holy shit. Either you have Brian damage or this is bait. Goddamn this is one of the worst ones I’ve seen.

Hollywood got cooked. AI Seedance 2.0 just dropped a Hancock vs Homelander in a matter of days $1,000,000-level quality.

@EvanFourmizz kidsuper.com

Recommendations on where I can buy some streetwear/new era hats ?

@JoJoFromJerz What do you think of it for a 12 and 9 year old? Is 9 too young to stay engaged?

Went to see Project Hail Mary tonight with the kids — it was AMAZING. 10/10 highly recommend.

@Tanker1123 @StevePopper There is a column for that in the records right?

@StevePopper Damn near lost to 4 rookies and some 2 ways that’s a damn shame

Nets had five first round picks and the player who looks like their best piece is a Celtics salary dump.

@eLonePB @wschweitzer lol. I saw my team add a W to their record on a night that they clearly weren’t motivated. You are a nets fan.

@wschweitzer Glad you saw your team fold like bitches in the 4Q vs some part time basketball players 😂

What a great loss that was for the tank. Hilarious how awful the Nets minor league team made the Knicks look tonight. Got dominated by Josh Minnot 😂

@LuisSteeven @Jonny5yve @N0tAnthonyDavis @AOC You’re falling over yourself up and down this thread to defend gambling. If you’re not addicted then you’re crazy.

@blownheadlight @Jonny5yve @N0tAnthonyDavis @AOC That is what you think?

This is sad. I know as a politician these companies are going to spend a billion dollars against me for saying it but 🤷🏽‍♀️ Pervasive gambling is not good for society. It turns life into a casino, traps people in addiction & debt, surges domestic violence, and fosters manipulation.

@FarroYossi Two scammers scamming away.

Billionaire WeWork founder Adam Neumann shares with Rick Rubin how Shabbat transformed his life. It started with a rabbi who refused payment, instead pushing him to reconnect with his roots. 25 hours unplugged. Fully present with family and purpose. He calls it life-changing—and urges Rick to try it.

@Jonny5yve @LuisSteeven @N0tAnthonyDavis @AOC He’s clearly heavily addicted to gambling.

@LuisSteeven @N0tAnthonyDavis @AOC You keep repeating this dumb shit as if it‘s a profound thought. It’s a shit comparison.