Posts: 53466
Posted: Wed Jun 12, 2024 8:07 am
It's doing allright.
I took the losses I got from Tesla, Magna and Tilray, and bought BYD. Even with 100% tariffs, they make a better and cheaper EV than Tesla. They do it by extreme pollution and environmental crimes in China. But that's in China, and the way they like it.
Don't do what I do as far as stocks. I've lost tens of thousands on 'sure things' like mp3.com and Bre-X. Even mutual funds get me fucked over. I've had funds an a couple companies that dropped my saving by 80% through bogus trades, got penalized by the SEC, and zero dollars of the billions in fines went to make customers whole. We got fucked twice.
It's just a big ponzi scheme, where insiders make bank and everyone else donates to it.
And Elon thinks he is worth the annual GDP of Germany, because he once had a good idea.