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Bryce_in_TX

Bryce_in_TX
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  • The Truth About Tesla's Gross Margin [View article]
    It isn't so much what you contend is true, but the fact you say nothing positive, even about the car, which has won accolades from those who test the new models. It is, in psychological terminology, called the "binocular trick", filtering out any positive and only looking at the negative. Even accusing the auditors of being in on collusion with the company and justifying it with past transgressions totally unrelated to Tesla's auditing firm, guilt by association. That is getting pretty extreme, IMO.
    Jan 5, 2015. 04:29 PM | 3 Likes Like |Link to Comment
  • The Truth About Tesla's Gross Margin [View article]
    See what I mean? All negative. Even on the car, itself. It is a young company, as far as mass production goes, it is experiencing growing pains. And musk is doing some very questionable things as far as non-GAAP accounting, though I fail to see anything wrong with the GAAP accounting,, contrary to "claims" the auditors are in cahoots with Tesla to prettify up their financials. But they have developed an award winning luxury car, and are working on more cars which will probably be excellent in overall performance. There are pros and cons about the company, and the Model S, but some Tesla bears filter out everything but the negative.
    Jan 5, 2015. 11:50 AM | 2 Likes Like |Link to Comment
  • The Truth About Tesla's Gross Margin [View article]
    Blue Sky,

    My comment was intended for other parties, like cparmerlee, tippydog, I need a bailout and a few others. I have yet to see anything positive from them. When you start arguing that something is wrong with the auditors, I think you are getting on the fringe or extreme. Just my opinion. Enron, MCI Worldcom, Sunbeam, and some other audit fiascos are not that distant in the past. Sarbanes Oxley passed just 12 years ago. You would have to be pretty dumb, IMO, to start straying from accounting standards again so soon after those fiascos. They are still pretty fresh in the minds of people, as noted by the many mentions of Enron on this board.

    I look for comments pro and con on Tesla. FRankly if more people had good and bad things to say about the company, I'd pay more attention to those posters' comments. The bulls have only good things to say about the company and the bears only negative. Both have a case of cognitive distortion, IMO, filtering out what doesn't support their view of Tesla.
    Jan 5, 2015. 04:01 AM | 2 Likes Like |Link to Comment
  • Linn Energy: A Bitter Pill To Swallow [View article]
    "GW may not express his opinion in a tactful manner, but that does not make his opinion wrong. "

    You could say the same thing about anyone who abuses and bullies others. The immature behavior in how it is presented IS WRONG and needs to stop. I don't need to say anything else.
    Jan 4, 2015. 05:05 PM | 6 Likes Like |Link to Comment
  • Linn Energy: A Bitter Pill To Swallow [View article]
    Dude, (gene wiley)

    I am asking SA to ban you. Differences in opinion can be expressed without bullying and name calling. It is totally inappropriate. You behave like a child. It's very immature and it's getting very old.
    Jan 4, 2015. 04:55 PM | 4 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    That was the moral code at the time, yes. We see it as wrong now, but obviously it wasn't viewed that way at the time or laws wouldn't have existed to allow it. The same with women.

    There is still an unwritten moral code today, what I consider a prejudice, against the mentally ill, and to some extent still, gay people. Human beings weren't perfect pre civil war and they aren't today either.
    Jan 3, 2015. 10:02 PM | Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    Sir William Blackstone defined Law as: "a rule of civil conduct prescribed by the supreme power in a state, commanding what is right and prohibiting what is wrong''

    When you command what is right and prohibit what is wrong, you are expressing a moral code or morality, per the definition above.

    http://bit.ly/147ArTK
    Jan 3, 2015. 09:55 PM | 1 Like Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    Do laws establish acceptable and unacceptable conduct? Yes

    Look up the definition of morality: "principles concerning the distinction between right and wrong or good and bad behavior."

    Your have an opinion, as do I.
    Jan 3, 2015. 09:27 PM | Likes Like |Link to Comment
  • The Truth About Tesla's Gross Margin [View article]
    "Book value is about $1Bn"

    Book value includes GAAP losses which distort economic reality. Some of the lease sales are actual sales not reflected in GAAP earnings presently. What that percentage will be I don't know but I expect it to be material to earnings. So Book Value, IMO, understates FMV.

    You guys are overly negative on Tesla, IMO. You haven't got one good word to say about them. Your objectivity has been compromised by the mental filtering out of anything but negative. It's called "Cognitive Distortion".
    Jan 3, 2015. 09:16 PM | 3 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    Your comment: "Can you show me the section of GS that covers greed or morality?"

    Yes, I can.

    My comment: "Laws establish boundaries of acceptable behavior."

    In other words, laws establish moral conduct.
    Jan 3, 2015. 09:11 PM | 1 Like Like |Link to Comment
  • Update: Linn Energy's Distribution Cut Hurts, But Its New 11% Yield Is Nothing To Whine About [View article]
    They made money. IF you are depending on GAAP profit or loss for an MLP like LINE, you don't understand how GAAP distorts actual economic performance. It is distorted due to derivatives, impairments, and depletion. You can't use GAAP, unadjusted, for LINE. It is crap.
    Jan 3, 2015. 08:45 PM | 6 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    The purpose of Glass Steagall was to restore confidence in the banking system by making it safer. We had a Great Depression, the banks failed, and stock investors lost a lot of money. Glass Steagall was meant to take the more speculative aspects of investing out of the banking system.

    I think overtime its interpretation became watered down. Obviously today, with all the speculative derivatives, banks and its depositors are at risk if those derivatives turn into liabilities. I think the very spirit of what was intended by the law has been violated and breached over time.

    Laws establish boundaries of acceptable behavior. With the law in place, at the least business executives would know or should know when they have crossed its boundaries.

    It's just common sense. If you don't agree, that's your opinion. I have shared mine.

    http://bit.ly/14lvqaO
    Jan 3, 2015. 08:36 PM | 1 Like Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    Simple answer, Jim, because a lot of business executives are more interested in greed than morality. Why do we need to regulate at all? So the boundaries are at least established, so that those who are greedy at least know when they have crossed it and are subject to being held accountable for it.
    Jan 3, 2015. 04:13 PM | 1 Like Like |Link to Comment
  • Linn Energy: A Bitter Pill To Swallow [View article]
    "And he just may be right! Why do we discount /criticize those who write comments that support their positions when they are short? "

    There are different ways to present your opinion that differs from others. GW chooses to be offensive in his posts. He's a late comer to LINE and LNCO, never expressing an opinion or warning that LINE was in trouble before oil started going south. In football it would be called a penalty for piling on after the play was over. GW has no class or respect for those who hold LINE or LNCO. This is another post I am reporting to SA, it crosses the line IMO.

    No position in LINE or LNCO.
    Jan 3, 2015. 03:28 PM | 9 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    If my wealth is confiscated I have nothing to lose by creating violence against the system. Those who confiscate it should be very fearful for their very lives. I am 65 years old. There will be riots in the streets if this happens and time to create a new Republic.
    Jan 2, 2015. 08:30 PM | 3 Likes Like |Link to Comment
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