The Lemon Fool

CliffEdge wrote:Crazy isn't it

https://eand.co/britain-is-self-destruc ... 92870ffc28

Ha ha, a brilliant piece of utter nonsense, 11 out of 10 for stupidity, ignorance and clap trap.

Thanks for sharing, I laughed all the way through.

Regards,

BullDog wrote:

odysseus2000 wrote:

CliffEdge wrote:Teslas are consistently rated as shoddy junk in Which? surveys of actual owner experiences. One of the worst brands in the world.

And yet Tesla are selling like crazy with huge waiting lists, but they do not pay anyone for advertising, so why would any media outfit that needs advertising revenue ever say anything good about Tesla?

Regards,

Isn't the Model 3 the UK's biggest selling car in recent months? Can't all be bad if that is the case, bad word soon gets around.

No,
https://www.autoexpress.co.uk/news/9428 ... -cars-2022

OhNoNotimAgain wrote:

BullDog wrote:

odysseus2000 wrote:

CliffEdge wrote:Teslas are consistently rated as shoddy junk in Which? surveys of actual owner experiences. One of the worst brands in the world.

And yet Tesla are selling like crazy with huge waiting lists, but they do not pay anyone for advertising, so why would any media outfit that needs advertising revenue ever say anything good about Tesla?

Regards,

Isn't the Model 3 the UK's biggest selling car in recent months? Can't all be bad if that is the case, bad word soon gets around.

No,
https://www.autoexpress.co.uk/news/9428 ... -cars-2022

Currently the Tesla model 3 & Y are imported & demand is throttled as consumers wait for supply coming in on boats.when Tesla cars are available they outsell the competition. Even with these constraints the sum of the 3 & Y exceed the most popular car in this survey.

Regards,

odysseus2000 wrote:Currently the Tesla model 3 & Y are imported & demand is throttled as consumers wait for supply coming in on boats.when Tesla cars are available they outsell the competition. Even with these constraints the sum of the 3 & Y exceed the most popular car in this survey.

Regards,

You have not noticed that every car manufacturer is supply-constrained?
And trying to compare total Tesla with a single model from another manufacturer is just illogical.
doolally

doolally wrote:

odysseus2000 wrote:Currently the Tesla model 3 & Y are imported & demand is throttled as consumers wait for supply coming in on boats.when Tesla cars are available they outsell the competition. Even with these constraints the sum of the 3 & Y exceed the most popular car in this survey.

Regards,

You have not noticed that every car manufacturer is supply-constrained?
And trying to compare total Tesla with a single model from another manufacturer is just illogical.
doolally

Tesla supply constraints existed long before the
current component shortage, due to having only factories in the US & China. These constraints will ease as Giga Berlin ramps.

The point of comparing two Tesla cars to the best selling combustion car was to show that battery electric demand is huge & out pacing combustion.

Regards?

Latest in the know from Cathie:

https://youtu.be/X2N-mE9HqS0

Well worth watching imho.

Regards,

Have you invested in Cathie Wood's Ark fund, Ody?

I read that Ark's total return ytd is down 52%. Slightly worse than Tesla down just over 42% ytd.

It's a brave investor who has invested a significant amount in these two stocks at the moment.

regards

Howard

odysseus2000 wrote:Latest in the know from Cathie:

https://youtu.be/X2N-mE9HqS0

Well worth watching imho.

Regards,

Thanks, I agree, worth a watch.

Howard wrote:Have you invested in Cathie Wood's Ark fund, Ody?

I read that Ark's total return ytd is down 52%. Slightly worse than Tesla down just over 42% ytd.

It's a brave investor who has invested a significant amount in these two stocks at the moment.

regards

Howard

A bit like SMT then, only down about 45% this year

BullDog wrote:

Howard wrote:Have you invested in Cathie Wood's Ark fund, Ody?

I read that Ark's total return ytd is down 52%. Slightly worse than Tesla down just over 42% ytd.

It's a brave investor who has invested a significant amount in these two stocks at the moment.

regards

Howard

A bit like SMT then, only down about 45% this year

Yes, as an investor in SMT I know . Luckily a long term one. And I kept the exposure to a relatively small part of my portfolio - helped by the recent downward movement.

My only exposure to Tesla - apart from a test drive!

regards

Howard

BullDog wrote:

Howard wrote:I read that Ark's total return ytd is down 52%.

A bit like SMT then, only down about 45% this year

If you look at how far both are down from their all-time high, then ARKK was down 75% at its worst, and SMT was down about 50%. (In their respective currencies; GBP is down against USD over the same time period).

Of course ARKK has an ETF structure and so should in theory cling to its net asset value better than an investment trust structure. But presumably that is over-ridden by the fact that ARKK's holdings are more speculative than SMT. SMT also has some private holdings so its NAV is more up in the air.

Howard wrote:Have you invested in Cathie Wood's Ark fund, Ody?

I read that Ark's total return ytd is down 52%. Slightly worse than Tesla down just over 42% ytd.

It's a brave investor who has invested a significant amount in these two stocks at the moment.

regards

Howard

No

I rarely invest in funds, although I do research them to find if any of their holdings interest me and if so I will buy just the holdings that interest me directly.

As things now look to me there are many potential bargains, but I still prefer Tesla above all others.

I have been busy with several things recently and have not been troubled by the sell off in Tesla. However, I was surprised by the 10% staff reduction notice and comments about "super bad feeling about the economy." With more research it is clear that the lay offs are not in production for which they plan to hire more and I expect Tesla to continue to thrive with the lays off being a positive for investors albeit bad for those laid off.

The super bad feeling quote still troubles me but I have yet to see a copy of the email for context.

Cathie Wood makes some interesting points and I suspect that too many analysts are making predictions based on the 70's when very many things have changed and the inventory builds that are referred to can not go on, suggesting prices will have to come down to shift the inventory.

Regards,

Interesting that Target are having to sell off inventory Ali g the lines that Cathie predicted:

https://retailwire.com/discussion/targe ... inventory/

Regards,

More talk about having too much inventory:

https://twitter.com/smartertrader/statu ... LFkC20DgZA

If these inventory builds are right the Fed’s tightening will have to be reversed pronto!

Regards,

Three arrows capital gone bust:

https://twitter.com/thedefiedge/status/ ... omZiosfa8A

Potentially $18b exposure.

Clearly a deflationary event.

Regards,

odysseus2000 wrote:
Clearly a deflationary event.

Why? Not clear to me.

dealtn wrote:

odysseus2000 wrote:
Clearly a deflationary event.

Why? Not clear to me.

Counter party risk, loss of investment capital, fear of more to fail...

Regards,

Cathie Wood thinks Fed will not raise aggressively & that the crypto crash is mostly over:

https://youtu.be/cRoOtsxlRNY

Regards,

Hi, I know I am joining this thread late but I like ARK and Cathy Wood for their generosity with their knowledge and constant self-assessment and challenge.

I've been wanting to take stakes in ARKK (the flagship general vehicle), for a long time. But it is impossible to buy this US collective investment on UK retail platforms. ARK have told me repeatedly for the last three years that they are assessing the MIFID/KIDD regulations but nothing ever happens. It seems that they need to do the KIDD before anyone will touch them. IMHO, ARKK has a balanced role in growth pfs.

The nearest accessible fund I found to ARKK was Schiehallion under Bailie Gifford - that hasn't turned out to be much fun but the sharp bear market (especially in future/innovation stocks) will hopefully restore in time.

Has anyone been able to buy ARKK on a UK funds platform, please?

Peter1B1 wrote:I've been wanting to take stakes in ARKK (the flagship general vehicle), for a long time.

In the last 18 months ARKK has fallen from a high of about $156 to a low of $35 last month. Currently it is about $46. So the inability to buy it has probably saved you a fair amount.

Peter1B1 wrote:Has anyone been able to buy ARKK on a UK funds platform, please?

One suggestion I made when this was discussed here before, but have not actually tried to do myself, is to see if you can buy listed options in ARKK, which currently extend out to January 2024. Since this not a direct investment in the fund it should not matter that you can't directly buy the fund itself. It is a separate security that trades on a different exchange to the underlying.

Of course you'd have to be able to trade options. But a long call option should not require a margin account. A long-dated deep in-the-money call option is equivalent to being long 100 shares of the underlying. You would not be able to take delivery of the shares, so you would need to roll the position forward prior to expiry, every 2 years or so. That would be a taxable event.