The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
Unfortunately, Tesla discussions seem to have gotten as "religious" as those for Apple, Sirius, anything that compares OS's or mobile phones.
Tesla is simply not "there" yet for a lot of situations. Including the INEVITABLE "I forgot to plug it in last night". Gasoline doesn't disappear out of my ICE overnight. People make mistakes, so this *is* a "legitimate" issue.
But it *is* there for a number of situations. It will require a bit of change in user behavior, but that's not wildly unusual for new technologies. It has some advantages and some disadvantages. Very few people drive beyond the range of the car for their total daily commute, even if you gotta run the heater/AC on high. Won't meet every situation, but it will meet most.
It doesn't need to cover every single situation that an ICE Accord/Camry do, in order to be a positive contribution to energy independence. There is no silver bullet for that. Are those of you gleefully pointing out the lack of away-from-home charging infrastructure equally gleeful about the lack of stations for cars that might run on natgas? Why the hyperventilating over ubiquitous charging stations so early in the technology? Sheesh.
G7 finance ministers and central bank governors issue a joint statement reaffirming their "longstanding commitment to market-determined exchange rates and to consult closely in regard to actions in foreign-exchange markets." The statement is seen as an attempt to defuse growing fears about a global currency war, although Joe Wiesenthal reckons it's fairly weak and "has no big implications at all." [View news story]
All will soon become re-acquainted with the concept of "Prisoner's Dilemma"
Precious metals go into the tank on chatter the G-7 is set to issue a statement in which all will pledge to get along with regards to currency devaluation. The G-20 meets in Moscow at week's end. GLD -1.2%, SLV -1.5%. [View news story]
And.... people think that said countries will adhere to this agreement?
Mmm, I think I'll hold on to my debasement hedges.
Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his stake in the company, over the course of 2013 through a Rule 10b5-1 trading plan. The sale will encompass nearly 1% of Google's outstanding shares, and 3.2% of their voting power. (8-K) [View news story]
Amazon (AMZN) says it has begun production work on five new childrens pilots with a goal to eventually air them on its streaming services. That brings the total numbers of pilots in production for Amazon Studios as it moves from concept to content at a rapid pace. [View news story]
What does the FAA think about all these childrens pilots?
(sorry, bad joke, but it's the first way my foggy head read that item -- more coffee!)
Booming North American Oil Production Won't End The Era Of High Oil Prices [View article]
Perhaps you are not familiar with the concept of COST of production. People will stop drilling if the price per barrel falls below the marginal cost of extracting that barrel. Unless you are proposing legislation that requires them to sell the oil at a price that is below the cost to produce it.
Retail shakeup: Could the potential closure of a third of all of Barnes & Noble's retail stores over the next ten years give a boost to Starbucks (SBUX)? It's a question which will be closely watched as analysts dissect Starbucks' retail strategy in the U.S. with saturation issues still cropping up in some markets. [View news story]
I don't know anything about the arrangements, but aren't quite a few Starbucks *inside* B&N stores? If the B&N store closes, what happens to the associated Starbucks store?
It's not immediately obvious to me how this would be a positive development for Starbucks?
Jos. A. Bank Clothiers (JOSB) leaks that "net income for fiscal year 2012 is expected to be approximately 20% lower than net income for fiscal year 2011," just a week before the end of the FY. CEO R. Neal Black says Q4 went slowly, impacted by Hurricane Sandy, unseasonable warmth and "distractions" from the presidential election and fiscal-cliff talks. Despite disappointing Y/Y results, the quarter and year will be "very profitable." [View news story]
Archman -- my thoughts exactly. I am amazed this company survives when they have to throw these crazy promotions so frequently.
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
You appear to be holding the two companies to different standards. If, in your opinion, Apple has stopped introducing radical (as opposed to incremental) products... please tell me ONE Samsung "radical product innovation" in mobile phones, where it has (by your standards for Apple) created a whole new business in the world, in the way that iPod, iPhone and iPad did.
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
So you don't look at your graphs before using them? I work at a research institute and you would have been shot for that (different standards for axes) in a thesis defense or submission into a peer reviewed journal.
You're the one that led off with that to try to make your case, contrasting the two variables (R&D/sales and share price during that period of time).
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
Notice how the author used axes in Figure 1 and 2. For Apple's share price, he starts the vertical axis at zero, but for Samsung, starts the axis not too far below the 2010 share price, thus trying to make Samsung's share growth more "dramatic". But for the comparable growth period (2010 to 2011), Apple's was far superior (49% growth rate to ~12% for Samsung).
At that point, I decided not to take the rest of this article seriously.
And no, I'm not an AAPL fanboy, I have no position and only AAPL product I own is an iPod.
I just call BS on shoddy practices in "journalism".
In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
Wait, I forgot the key one...
If you outlaw private citizens from owning nukes for self defense then it's just a SLIPPERY SLOPE until we're all enslaved in a North Korean style dictatorship.
In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
Nukes don't kill people. People kill people.
If you outlaw nukes, only outlaws will have nukes.
You'll have to pry my nuke out of my cold, dead hands.
That massive stash of cash held overseas to avoid taxes by tech giants like Apple Microsoft and Google (among many others)? Much of it is sitting in the States - in domestic bank accounts, Treasurys, and corporate bonds. As long as the money doesn't flow to the parent company though, it's not subject to tax. Absurdity doesn't begin to describe the tax system. [View news story]
I know this item was a cue for me to be outraged, but... yes, of course a "foreign" entity (including a foreign subsidiary of a US company) can hold a bank account in the US without it automatically becoming subject to US taxes.
Say a Russian citizen has a business that does all its commerce in Russia, and that person holds dollars in a US account. Should his business income be taxed by the IRS?
I understand the much broader context of "foreign created income" by US-based companies, but this particular tidbit is irrelevant?
The NYT's John Broder takes Tesla's (TSLA) Model S up and down the East Coast from Washington on Interstate 95, where the company has installed Supercharger stations 200 miles apart. Things start dandily enough, but then the weather cools, and Broder has to endure freezing feet and white knuckles because he has to turn the heating off to preserve power. Eventually, he needs a tow truck to pick him up because the car runs out of juice. [View news story]
Tesla is simply not "there" yet for a lot of situations. Including the INEVITABLE "I forgot to plug it in last night". Gasoline doesn't disappear out of my ICE overnight. People make mistakes, so this *is* a "legitimate" issue.
But it *is* there for a number of situations. It will require a bit of change in user behavior, but that's not wildly unusual for new technologies. It has some advantages and some disadvantages. Very few people drive beyond the range of the car for their total daily commute, even if you gotta run the heater/AC on high. Won't meet every situation, but it will meet most.
It doesn't need to cover every single situation that an ICE Accord/Camry do, in order to be a positive contribution to energy independence. There is no silver bullet for that. Are those of you gleefully pointing out the lack of away-from-home charging infrastructure equally gleeful about the lack of stations for cars that might run on natgas? Why the hyperventilating over ubiquitous charging stations so early in the technology? Sheesh.
G7 finance ministers and central bank governors issue a joint statement reaffirming their "longstanding commitment to market-determined exchange rates and to consult closely in regard to actions in foreign-exchange markets." The statement is seen as an attempt to defuse growing fears about a global currency war, although Joe Wiesenthal reckons it's fairly weak and "has no big implications at all."
[View news story]
Precious metals go into the tank on chatter the G-7 is set to issue a statement in which all will pledge to get along with regards to currency devaluation. The G-20 meets in Moscow at week's end. GLD -1.2%, SLV -1.5%. [View news story]
Mmm, I think I'll hold on to my debasement hedges.
Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his stake in the company, over the course of 2013 through a Rule 10b5-1 trading plan. The sale will encompass nearly 1% of Google's outstanding shares, and 3.2% of their voting power. (8-K) [View news story]
(just kidding, no one get riled up, please)
Medical Marijuana Proves Itself As Viable Investment [View article]
Amazon (AMZN) says it has begun production work on five new childrens pilots with a goal to eventually air them on its streaming services. That brings the total numbers of pilots in production for Amazon Studios as it moves from concept to content at a rapid pace. [View news story]
(sorry, bad joke, but it's the first way my foggy head read that item -- more coffee!)
Booming North American Oil Production Won't End The Era Of High Oil Prices [View article]
Retail shakeup: Could the potential closure of a third of all of Barnes & Noble's retail stores over the next ten years give a boost to Starbucks (SBUX)? It's a question which will be closely watched as analysts dissect Starbucks' retail strategy in the U.S. with saturation issues still cropping up in some markets. [View news story]
It's not immediately obvious to me how this would be a positive development for Starbucks?
Jos. A. Bank Clothiers (JOSB) leaks that "net income for fiscal year 2012 is expected to be approximately 20% lower than net income for fiscal year 2011," just a week before the end of the FY. CEO R. Neal Black says Q4 went slowly, impacted by Hurricane Sandy, unseasonable warmth and "distractions" from the presidential election and fiscal-cliff talks. Despite disappointing Y/Y results, the quarter and year will be "very profitable." [View news story]
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
You're the one that led off with that to try to make your case, contrasting the two variables (R&D/sales and share price during that period of time).
Apple Vs. Samsung: Further Evidence On Innovation As A Way Of Living [View article]
At that point, I decided not to take the rest of this article seriously.
And no, I'm not an AAPL fanboy, I have no position and only AAPL product I own is an iPod.
I just call BS on shoddy practices in "journalism".
In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
If you outlaw private citizens from owning nukes for self defense then it's just a SLIPPERY SLOPE until we're all enslaved in a North Korean style dictatorship.
In an attempt to stir up conservatives in Congress, former Senator and now Heritage Foundation president Jim DeMint is urging Republicans to stand their ground against the President in the upcoming showdown over the debt ceiling. "The government itself is not going to shut down, DeMint says, "In fact, I don't think people are even going to notice it." [View news story]
If you outlaw nukes, only outlaws will have nukes.
You'll have to pry my nuke out of my cold, dead hands.
Did I miss any of the bumper stickers?
That massive stash of cash held overseas to avoid taxes by tech giants like Apple Microsoft and Google (among many others)? Much of it is sitting in the States - in domestic bank accounts, Treasurys, and corporate bonds. As long as the money doesn't flow to the parent company though, it's not subject to tax. Absurdity doesn't begin to describe the tax system. [View news story]
Say a Russian citizen has a business that does all its commerce in Russia, and that person holds dollars in a US account. Should his business income be taxed by the IRS?
I understand the much broader context of "foreign created income" by US-based companies, but this particular tidbit is irrelevant?