And two why its not. Its got four doors and only six cylinders…. BMW introduced its legendary M3 in 1986. The $64,000 four-door basically created the then-novel “sport sedan” segment. In the years since, it has maintained its dominance with supreme handling, punch-perfect power, and businesslike good looks—and has rightfully been embraced by wealthy professionals as the best…
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I came across this piece this morning. It claims that traders are taking up huge short sale positions in Tesla and they are paying a hefty penny in fees for the privilege of doing so. There are a few points in this that interested me. Whenever a financial journalist claims something is happening it is…
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Like a gothic horror story, my tale begins on a dark and stormy December night in Manhattan. My friend “J” had graciously offered to drop me off after the dinner party we’d both attended. As his chauffeur took us across town via a circuitous route, our conversation drifted intermittently. During the lulls my thoughts turned…
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OMAHA, Neb.–(BUSINESS WIRE)–Answering a question last night about his $916 million income tax loss carryforward in 1995, Donald Trump stated that “Warren Buffett took a massive deduction.” Mr. Trump says he knows more about taxes than any other human. He has not seen my income tax returns. But I am happy to give him the…
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I am never surprised when I read of the investment decisions made by various fund managers. However, I was a little agog at finding out that AustralianSuper the nations largest superannuation fund has a 3.2% stake in Tesla. It is the only one of AustralianSupers top 20 investments to have not shown a profit. This should…
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