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Jacob Steinberg

 
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  • Dear Tesla Bulls: That's Not How You Calculate Tesla's Value [View article]
    "They will sell as many as they can build for many years to come at whatever price they want to charge."

    There is no company in the world that can make such a claim. So far, Tesla saw strong demand in 2 counties of California and Norway and we don't know what kind of demand there will be anywhere else in the world.

    Tesla is ahead of other cars in terms of battery technology, but I can't say the same about everything else that makes a car.
    Oct 31 02:45 PM | 10 Likes Like |Link to Comment
  • Dear Tesla Bulls: That's Not How You Calculate Tesla's Value [View article]
    Have you ever driven a Mercedes or BMW that's roughly within the same price range as a Tesla's Model S?

    Besides, what does it have anything to do with Tesla's ridiculous valuation.
    Oct 31 02:40 PM | 11 Likes Like |Link to Comment
  • LinkedIn beats estimates, but guidance disappoints; shares drop [View news story]
    And this is worth nearly $30 billion....
    Oct 29 06:13 PM | 1 Like Like |Link to Comment
  • Will Yelp Ever Be Profitable? [View article]
    I think Google will be eating Yelp's lunch soon enough. Google Maps allows people to post reviews on local businesses and it seems to be more user friendly (and reliable) than Yelp.
    Oct 29 05:53 PM | 4 Likes Like |Link to Comment
  • Is Ackman Just As Wrong As He Was On J.C. Penney? Herbalife Q3 Results Suggest So [View article]
    I don't know if HLF is a pyramid scheme or not but their margins look suspiciously high to me.
    Oct 29 11:01 AM | 3 Likes Like |Link to Comment
  • Nokia non-IFRS EPS of €0.01 [View news story]
    Looks like a decent quarter to me.
    Oct 29 08:32 AM | 1 Like Like |Link to Comment
  • The Dilution Will Make LinkedIn Even More Overvalued [View article]
    The thing is you don't have to hold onto your options until expiration. You can buy the options, and once the volatility goes up a little bit more, you can sell them for a profit.
    Oct 29 08:30 AM | Likes Like |Link to Comment
  • Apple Beats But Treated As Second Class [View article]
    Every quarter, Apple beats estimates and investors always sing the same song: "yeah they beat it this quarter but they will not beat it next quarter" and a sell-off ensures. The next quarter, the same song gets played again.
    Oct 29 07:29 AM | 2 Likes Like |Link to Comment
  • Tesla Motors on watch after Model S fire in Mexico [View news story]
    I saw the picture of the car and it looks like a really bad accident. In an accident as bad as that one, I would expect a fire incident from most cars. As long as the car doesn't catch fire out of blue while driving in a highway, I wouldn't blame the company.

    Having said that, Tesla is ridiculously overvalued.
    Oct 28 12:57 PM | 12 Likes Like |Link to Comment
  • $5T Permian Basin boom threatened by falling crude prices [View news story]
    Then how do you explain lack of profitability in almost every oil company that extracts oil in the mainland of the US? Employers are as valuable as they produce value to a company. You said that if they didn't pay that high, they couldn't attract that many people to work there. In that account, if oil companies can't post profits, those jobs won't exist and those people will have to go back to having jobs that pay a quarter of what they make now. Companies are out there to make profits.

    As for tax free, a lot of oil workers that stay in oil fields get "per diem" payments which typically don't get taxed.
    Oct 28 11:58 AM | 1 Like Like |Link to Comment
  • $5T Permian Basin boom threatened by falling crude prices [View news story]
    Yeah working 10 hours a day but getting paid as if working 24-hours a day (often tax free with free housing and meals) must be pretty tough. Tell that to Wal-Mart employee who gets paid 1/10th of what an entry level oil field employee gets.

    I love how every person on earth thinks their job is the toughest in the world and that they deserve every penny they earn (and some more).
    Oct 28 04:23 AM | 2 Likes Like |Link to Comment
  • Nokia Lumia 2520 Tablet Is A Non-Factor [View article]
    I would like to read Kofi's take on TSLA. Would be a fun read.
    Oct 28 04:18 AM | 1 Like Like |Link to Comment
  • The Stock Market Bubble's Achilles' Heel [View article]
    While I wouldn't call today's market a bubble (more like a fully-valued market), there are a lot of bubbles in this market, including but not limited to TSLA and many internet companies like Linkedin and Pandora.
    Oct 28 04:15 AM | Likes Like |Link to Comment
  • Sugar the new tobacco? Bottled water to soon surpass soft drinks [View news story]
    While there is no link between Type I diabetes and sugar consumption, the link between sugar consumption and Type II diabetes is well-documented. Sugar is one of the worst things we consume everyday and there is no question to it. Look up Robert Lustig and some of his research for more information. The guy makes compelling arguments.
    Oct 26 05:41 PM | 3 Likes Like |Link to Comment
  • $5T Permian Basin boom threatened by falling crude prices [View news story]
    Most oil producers within the US don't know how to manage capital. They have no one but themselves to blame for lack of profitability. There are reports saying that oil companies are paying six figure salaries to many entry level technicians with 1 to 2 years of job experience even though their job isn't that complex. At a time when unemployment is so high, oil companies are not marketing their available jobs well enough to decrease their employee costs.

    If you are going to pay someone $110,000 to push a button and pull a lever, you are not going to make a profit, period.
    Oct 26 05:36 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
814 Comments
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