Posted by: beautifool May 9, 2013
Fannie Mae
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 Tesla is good. Can't bet agianst Elon Musk. Bank is not printing like Fed is printing. They're making money for shareholders which to me menas printing money for shareholders and whatever it may mean to others. And WB has no interest in saving newspaper industry. He's gonna get all the "advertisment" revenue that "oil companies" will have to spend to put "public notice" to do whatever different ways they have to advertise because of legal reason. So he bought those lucrative newspapers at a bargain price and now those newspapers will provide him with free "government ordered advertisments", . If you need a new business registered, where do you go? You advertize in local newspapers. Those are free money that he's collecting. Have you paid attention to how many drilling applications are being filled each day in the midwest? Have you read the 2013 shareholder report of BRKK? If you haven't, I can send you one. Why did he own Burlington Santa Fe. And have you paid attention to where all the money is coming for Burlington Santafe? Oil transportation. The more time it takes to get Keystone projected signed off, the better it is for BRKK. He'll have monopoly in the oil transporation industry with no worry about the job being outsourced. They're just starting to build 30 stations in the mid west to collect more oil transporation money. 

Anything can fail like you're being negative about this bank.Why does the bank has to worry about all the enviornmental effects, the cost of minning etc etc as you say? Bank will give the money to projects but at the same time it will also have a secured "lein" on assets. What assets the oil companies can put as lein? I don't know but perhaps the land itself that the oil company owns or whatever other assets that look valuable to the bank? So what is the risk here? If the oil project gets busted, bank will own the land and that is only good for shareholders. And I'm not gonna hold this share forever. I'll keep it until it has appropriate value to hold. Can you give me similar thesis for holding Tesla? I like Tesla but they're racing against oil prices. Also they get a lot of tax credit because of what they're doing in the energy sector. Tesla may be a luxury to own after 5 years unless they can come up with a charging stations everywhere in the country that can recharge the car within minutes...I'm skeptic about owning Tesla. Only thing I trust about the company is Elon Musk but I'd rather buy Solar City which is more robust business and fundamentally strong. Tesla has the support to survive with the help of Solar City and Space X support but not independently on its own. You need car charging stations like gas stations to really get the market share. My opinion. And they're against both oil companies and traditional car companies. They don't have any fundamentally strong distribution network. What if the car breaks? Where do you go buy spare parts? At Autozone? What if you're in a long ride? How GPS restricted you become? You can't get lost, otherwise you'll be stuck with no help because you can't get to the nearest charging station. Have you thought all about these risks? Understand they beat the earning expectation but where do you see Tesla in 10 years from now? Do you see electric car charging stations in every gas stations? 
Last edited: 09-May-13 06:32 PM
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