Seeking Alpha

GaltMachine

GaltMachine
Send Message
View as an RSS Feed
View GaltMachine's Comments BY TICKER:
Latest  |  Highest rated
  • S&P 500 Earnings Inflated Due To Buy-Backs? Surprising Truth [View article]
    James,

    "I think the above bears rephrasing:"

    Interesting Freudian slip.

    ;)
    May 25, 2015. 11:46 AM | Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    jfreed,

    "31,487 Americans with university degrees in science – including 9,029 PhDs, are not "a few."

    You say:

    "Smoke and mirrors. Dude."

    Hardly!

    Actually that's called a factual counterpoint undermining your contention. Keep an open mind and you just might surprise yourself. I know you probably have never seen anything like the above so the shock might be a bit overwhelming.

    I once was like you and believed what you believed and then I asked the question "Who Benefits?" and I started "Following the money" and the rest as they say is history.
    May 24, 2015. 10:37 PM | 3 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    By the way in case numbers matter in terms of skeptics (which they don't for the record, consensus is not science and science is not a popularity contest):

    31,487 American scientists have signed this petition,
    including 9,029 with PhDs

    http://bit.ly/SDD07q
    The purpose of the Petition Project is to demonstrate that the claim of “settled science” and an overwhelming “consensus” in favor of the hypothesis of human-caused global warming and consequent climatological damage is wrong. No such consensus or settled science exists. As indicated by the petition text and signatory list, a very large number of American scientists reject this hypothesis.
    Publicists at the United Nations, Mr. Al Gore, and their supporters frequently claim that only a few “skeptics” remain – skeptics who are still unconvinced about the existence of a catastrophic human-caused global warming emergency.

    It is evident that 31,487 Americans with university degrees in science – including 9,029 PhDs, are not "a few." Moreover, from the clear and strong petition statement that they have signed, it is evident that these 31,487 American scientists are not “skeptics.”

    These scientists are instead convinced that the human-caused global warming hypothesis is without scientific validity and that government action on the basis of this hypothesis would unnecessarily and counterproductively damage both human prosperity and the natural environment of the Earth.
    May 24, 2015. 07:34 PM | 8 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    "Fossil fuels replacement"

    How do you fly a plane on solar energy?
    May 24, 2015. 07:25 PM | 3 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    "One guy says so and you are willing to ignore 30,000 climate scientists, every science academy in the world, NASA, NOAA, dozens of science Nobel Laureates, the Joint Chiefs, the World Bank?


    Find your own planet to gamble on. Also: Better stay away from Vegas. "

    Dude you have no idea of what you speak and/or write on this subject and clearly you have no interest in learning more.

    You can make up all the claims you want but science is based upon fact not conjecture and certainly not fiction.

    Good news is this planet will be just fine for you. Sleep well!
    May 24, 2015. 07:23 PM | 7 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    Case in point one article out of thousands available:

    http://bit.ly/1JKhBDE
    "Former UN Lead Author: Global Warming Caused By ‘Natural Variations’ In Climate"
    Global temperature change observed over the last hundred years or so is well within the natural variability of the last 8,000 years, according to a new paper by a former Intergovernmental Panel On Climate Change (IPCC) lead author."
    May 23, 2015. 11:47 AM | 18 Likes Like |Link to Comment
  • Shell CEO backs climate change warnings as well as need to keep drilling [View news story]
    This is what happens when you deal with fanatics and accept the fanatics' premise - you end up sounding like a blooming idiot.
    May 23, 2015. 11:00 AM | 33 Likes Like |Link to Comment
  • Some health insurers request rate increases under Obamacare [View news story]
    This was so predictable. How can it be a surprise?

    Still waiting for my "average family" savings of $2500/yr on my insurance premiums (actually by now it would have to be closer to $6000 reduction after all the rate increases in the past few years), Mr. President.
    May 22, 2015. 11:28 AM | 8 Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    Yan,

    Thanks for the link.

    "Notably though, while Tesla insists on trying to generate the necessary cash flows internally, the company has said it may resort to raising funds through “traditional or alternative sources of financing” if it absolutely must.

    Given the uncertainty surrounding Tesla’s top line prospects in the latter half of the year, it is hard to say if Tesla will carry out an extensive financing wave yet again.

    Clearly, Tesla’s executives seem more concerned with a setting up a trouble-free Model X rollout which is critical to the company’s long term sales (and cash flow) prospects. BidnessEtc believes, Tesla raising extra capital this year to ensure a smooth Model X volume ramp should not raise many eyebrows."
    May 21, 2015. 03:20 PM | Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    DaveM,

    "You should look a little further back to 1997 when Apple was on the ropes and about ready to throw in the towel. Fortunately, Microsoft threw them a $150M life preserver."

    Does this mean you are expecting TSLA to go bankrupt/get rescued in the near future?

    The current stock price doesn't reflect this thinking.
    May 21, 2015. 03:18 PM | 1 Like Like |Link to Comment
  • Economic growth increased slightly in April [View news story]
    Philip,

    Thanks for the explanation!

    I love it when I learn something useful.
    May 21, 2015. 12:11 PM | Likes Like |Link to Comment
  • Economic growth increased slightly in April [View news story]
    "Economic growth increased slightly in April"

    Isn't that a confusing headline for this data? Am I reading this wrong?
    May 21, 2015. 09:43 AM | Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    bbro,

    "Let ignorance reign.... "

    All I can say is wow. Now who's being cynical?

    Source data is always more accurate than adjusted data by definition.

    You are better than that.
    May 20, 2015. 05:11 PM | Likes Like |Link to Comment
  • BEA finds issues with Q1 GDP calculation [View news story]
    bbro,

    Surely you can at least admit that the idea of massaging numbers that the BEA has released to make them better is going to feed cynicism?

    If you can't trust them to be accurate who can you trust?

    They are supposed to be the final arbiters of the data and are not supposed to be subject to the complaints of: "a number of economists have complained about weak reported Q1 GDP growth (currently estimated at just 0.2% and likely to go negative as updated trade and other data get plugged in) not fitting in with their view of a far stronger economy."

    The point is why should anyone trust any seasonal adjustment if all of it is subject to revision?

    Just present the raw data and let everyone else do the adjusting themselves. We have the computing power and the talented people to do it - you being the perfect example!

    Let the market figure it out instead of leaving it to the government mandarins.

    It is the voodoo of ARIMA that makes this all less transparent rather than more transparent and frankly far less credible as a result.

    I am not forecasting anything.
    May 20, 2015. 04:59 PM | Likes Like |Link to Comment
  • Tesla's Share Price Means That Everyone Else Is The Winner [View article]
    The only question remaining is how large will the secondary equity or bond offering be and when will it happen?

    Will they wait too long?

    My bet is on the wait too long, Elon loves the drama!
    May 20, 2015. 04:46 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
1,524 Comments
2,868 Likes