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My recent trip to Monhegan Island gave me an opportunity to paint a variety of atmospheric effects. This day was foggy. How does one paint atmosphere? …
I like the notion of "terrifying beauty".
I'm uncomfortable with the changes made to #Vermeer's "Girl Reading a Letter by an Open Window". The experts seem sure, but that same kind of hubris spoiled the Sistine's ceiling. The painting's composition works better the way it was (shown). That's a red flag. What's the rush?
Sadly, many equate tidy painting with high quality painting. While the two are not mutually exclusive, tidiness alone cannot make up for other shortcomings, even if the former can fool a lay observer.
IMO, the big news in the art auction world this year wasn't the teenie bopper works by Banksy, Hockney and AI, it was this "Attributed to Giambologna" wax study, est US$40k-60k, that sold quietly at Christie's yesterday for $588,000. #Michelangelo
Why not take risk? Why not experiment? Painting isn't driving.
This concept applies to art too: Benjamin Graham's concept was that in the short run, the stock market is like a voting machine; tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine; assessing the substance of a company.
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"I have $1B right now. Should I spend on salaries building more superchargers or buying more H100s to train FSD faster? Easy decision." $TSLA
Instead of hold music Schwab has daily finance news. Today I heard an interesting tidbit about Tesla's "Full Service Driving" software. 🫡🤣
@ChrisDungeon 4D chess
I love what we’re seeing with $ROOT. Greatly increases my confidence that a similar move is in store for $LMND.
@Neil_X10 @iasonas_d The view I’ve shared for a while now is that $LMND is wildly undervalued, but that it will take some time before this becomes blindingly obvious and the shorts have to cover. This print and guidance seems in line with that view.
I am very much liking this report $LMND. Very substantive. Will post a thread come tomorrow. In the meantime, great work. BREAKEVEN THIS YEAR!!!! @Lemonade_Inc
People are underestimating the earnings power of a Tesla Robotaxi. Here's a quick snapshot of the unit economics to a Robotaxi Shepherd and to Tesla. The NPVs are bonkers, but that is what happens when you can deliver a better product at a lower price with the lowest costs. $TSLA
$MSTR management are borderline criminals for their negligent, leveraged investments into a fundamentally worthless token, $BTC. REAL debt is financing the purchase of FAKE assets. SICK.
@krassenstein Which raises the interesting (but probably less consequential) question: Who the hell is FILMING while the bullets are flying towards the house?
My life is best when I let other people just stay wrong. – As a young man, I’d get into arguments with people. “They’re wrong! I must help them right their ways!” After years of that, I looked back on those moments. Total. Waste. Of Time. – Now, I read the room. Does…
@AMAZlNGNATURE After 450 million years, horse-shoe crab still grows strong.
@AMAZlNGNATURE Hermit crab in a clear shell
@AMAZlNGNATURE Little clearing sand from its eyes
@AMAZlNGNATURE Crab protecting it’s mate 🥹
@StinkyFingers19 @herbertong Most states allow robotaxi. Some states passed laws that explicitly welcome it.
@ExcusedEarly My wife prefers me to not mention her on social media but made an exception this once! 😅
I love comments like this. When the market is bored with something, it's probably the perfect time to be buying. $LMND
“Past performance is irrelevant” - Buy $VT “Past performance matters” - Buy $VT What am I missing here, past performance chasing geniuses? $VTI $VOO $QQQ If past performance matters, why are you all in US Stocks if it’s cyclical!?!?
It's been a great run for US equities over international equities, but it isn't always that way. This chart from JP Morgan Asset Management reminds us of that fact.
Trends for United States
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