Tell me that you don't know how inflation works without telling me that you don't know how inflation works. And of course you would pick GBP for your laughable comparison. If you were serious you would look at EUR<>USD and CNY<>USD. You are not serious, though, and we all know this by now. Your portfolio outperforms the market you say. Guess it was luck in your case, cannot be your strong background in economics, that's for sure.
I don't think the matter is about being serious or not, literally just looking at the currency he relies on for everyday activities. whether that is a sign of short-termism or not, that's another matter.
I pick GBP because I live in the UK, it’s the only comparison relevant to me, and even if I did choose EUR (which I mentioned anyway), I’d still be correct per the attached article. The ticker we’re discussing outpaces inflation (by a lot). Not only that, inflation doesn’t affect how much stock you have, it affects the currency, so with high inflation in mind you are *better off* holding stock than you are holding money in the bank. The yuan has been 0.14 to the dollar pretty much all year, not to mention that the yuan has been in the shit for 3 years now. You can stop, I’m outperforming the market 3x (market average is 12%, I’m sitting at a comfy 36%). It is painfully obvious that you don’t know what you’re talking about, so I’m not sure what you’re doing in a thread about the stock market. I won’t be engaging you about this anymore.
And it still won't be enough to appease his ego, so what's the fucking point. He already "won" the game of capitalism long ago, now the only thing left for him to win is a Darwin award after the drugs slowly rot away all his organs.
Over the course of the next decade and, after all the required payments, the value goes further down to 878 billion, in stocks, not USD. At this point the number is immaterial, Musk will “earn” about as well as the company does on the marketplace, he has every incentive to guarantee its success.
Also take note how they said "I won’t be engaging you about this anymore.", but still always wants to have the last word. My point still stands: it's a shame a person like this is allowed to be a Global Moderator on here and they really should do better. I always thought that you would need to be able to read to moderate a Forum but obviously they hate reading otherwise they wouldn't be that uneducated.
I definitely won’t be discussing the stock market with you because it’s a pointless, fruitless endeavour - we may as well discuss nuclear physics, you don’t know anything about it and demonstrated as much. I am still participating in the thread though, that hasn’t changed. I’m very clear about what I mean when I say things. This is a thread about the stock market, more specifically the Tesla ticker and its performance. You want to talk about everything *except* the stock market, with the explicit intention to get emotional responses by bringing up unrelated subjects. You’re not getting any (because what you’re doing is pretty obvious) so you’re kicking up a fuss. By definition, you are currently trolling - you want to get a specific reaction out of people, you’re not here to discuss the topic. As such, I’m not required to humour you.
And yet you prove his point by replying anyway and getting the last word.
What point would that be? I’m not discussing $TSLA with him. I’m free to respond, or not respond, to any post.
Whatever you may be involved in professionally almost certainly doesn’t involve the stock market since you don’t know anything about it. If it does, it’d have to be in some kind of roundabout way that requires zero understanding of the basic principles. There’s a lot of industries like that. I don’t personally care because at this stage it doesn’t matter. You and I will not be discussing the stock market in-depth going forward since everything you’ve said so far on the subject is the exact inverse of reality, particularly your take on FX impact which was just hilariously off the mark.
"uh-oh ... that wall of text ... too much, cannot read." (this is what you would have said when I would have dropped this comment)
