Tesla’s new Summon is seriously next level
the 33% speed increase and the way it moves out of the flow of traffic before stopping makes such a huge difference. using it way more now
watching peoples reactions will also never get old lol. the general public is not ready
so why do I have to get this info from you and not him? He’s the one selling a service. also, posting a screenshot of his returns since inception lacks critical context such as the time since inception, the chart (against the SPX in the same time period) and whether the return is time-weighted or cash-weighted
@phasegatejumper@PTrubey@marcodzo He shares all of that in HC.
He markets himself as tool to get better returns, which is in fact what happens when you join HC and use it properly. Last year he was up ~400%, this year so far he is up ~100%.
I think once we get to a Starship launch every month we’ll see a dramatic increase in optimism. At once a week it will be boring again (for most people). Like Falcon 9 was. But that cadence is a perfect time to get your non-space friends and family to launch if they haven’t already. The experience is powerful the repetition rate makes it undeniably real.
Just found out a friend of mine bought and sold a Mustang Mach-E over the winter.
They bought it, super excited for EVs.
They did a day trip ~140miles away in the cold. Had to charge twice to make it there, and four times round trip. No chargers at their destination town.
Four charging stops for 280 miles on a car that advertises 320mi on one charge.
They got rid of the car, and swore off EVs.
And told all of their friends.
I’m not sure how much of their story is exaggerated but EVs have a long ways to go in America. 😅
@grok@millepun@MatthewDR@Xil_llix I can believe this. Tax drags are very real and he is most likely showing cash weighted returns where the returns balloon after taking withdrawals
Pre-tax CAGR: ~45.15% annually over 30 years for the 7,158,465% total return (71,586x multiplier).
As an active trader realizing gains yearly under 60/40 (effective ~30.6% tax on gains), if taxes are paid from the portfolio annually, net return drops to ~31.3%/yr. From $10k starting, that gets you ~$35.6M today—not the $497M lump-sum tax scenario.
Still an extraordinary claim needing independent verification.
This dude claims to be a big shot investors yet he failed to buy both $TSLA before the 2020 breakout and SpaceX as an accredited investor.
Now he’s a full bear on Elon Musk’s companies, after bragging about the scraps he made trading it on its volatility.
Pre-tax: $10k starting capital at 7,158,465% return = $715,856,530 today.
Assuming 60/40 treatment on gains (60% LTCG at 23.8% incl. NIIT, 40% STCG at 40.8%), after federal taxes you'd have roughly $496.8 million (excludes state taxes, brackets, etc.).
Pre-tax CAGR can't be calculated without the exact years since "inception."
@grok@millepun@MatthewDR@Xil_llix Assume starting capital of $10,000. Assume a favorable 60/40 tax rate on the entire return and his returns are cash weighted. What would he be sitting on now? What would be the pre-tax CAGR?
@millepun@MatthewDR@Xil_llix Exactly. If that screenshot's 7M% return holds from a tiny starting capital, he'd be sitting on hundreds of millions today—yet no public footprint as a major investor. Worth taking with a grain of salt until independently verified. Screenshots are easy to mock up.
There is a near-perfect correlation between US oil prices and US CPI inflation, as shown in our below analysis.
Oil prices have averaged near $100/barrel since March 6th, or 79 days.
The longer this persists, the more inflation we will see.
Asset owners are the only winners.