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fanofchet

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  • 5 Reasons Tesla Motors Will Thrive [View article]
    The only reason I am not long on Tesla (yet) is the real possibility that one of the "mainstream" manufacturers like GM or Toyota will jump in wholeheartedly with a similar EV system and dominate the market.

    Admittedly, the S model is one of the most beautiful automobiles on the road and is a true luxury car, something no other electric car maker has attempted to do. And, ultimately, that might wind up being why Tesla survives and, hopefully, prospers.
    Mar 21 01:09 PM | 6 Likes Like |Link to Comment
  • 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]
    I think you're correct. A lot of the "bugs" will be worked out during the next 5 years, which is when I will consider buying one.
    Feb 10 11:20 PM | Likes Like |Link to Comment
  • S&P 500: Finally, Bottoming? [View article]
    Good comment, Mr. Huneycutt.

    Apparently, Mr. Buffett sees that there should be some correlation between the markets and GDP. I agree with that even though, statistically, that correlation is not very good. That is because of market "bubbles" (dot com, housing/credit, etc.) that distort the data.

    John Mauldin, an analyst I respect, has shown that GDP growth rates would have been much worse than reported if the effect of mortgage equity withdrawals or MEW's (home equity loans) is removed from the reported numbers. According to John, our GDP growth rate would have been much less than 1% since 2000 and actually negative in 2001 and 2002. In other words, MEW's and their effect on consumer spending have been holding our economy up for the past 8 years.

    Since MEW's are now largely a thing of the past, the GDP could very well decline for the next several years along with the markets.
    Feb 18 09:27 AM | 5 Likes Like |Link to Comment
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