#most profitable stock trading ideas

[racefortheironthrone]

Why do economists need to shut up about mercantilism, as you alluded to in your post about Louis XIV's chief ministers?

In part due to their supposed intellectual descent from Adam Smith and the other classical economists, contemporary economists are pretty uniformly hostile to mercantilism, seeing it as a wrong-headed political economy that held back human progress until it was replaced by that best of all ideas: capitalism.

As a student of economic history and the history of political economy, I find that economists generally have a pretty poor understanding of what mercantilists actually believed and what economic policies they actually supported. In reality, a lot of the things that economists see as key advances in the creation of capitalism - the invention of the joint-stock company, the creation of financial markets, etc. - were all accomplishments of mercantiism.

Rather than the crude stereotype of mercantilists as a bunch of monetary weirdos who thought the secret to prosperity was the hoarding of precious metals, mercantilists were actually lazer-focused on economic development. The whole business about trying to achieve a positive balance of trade and financial liquidity and restraining wages was all a means to an end of economic development. Trade surpluses could be invested in manufacturing and shipping, gold reserves played an important role in deepening capital pools and thus increasing levels of investment at lower interest rates that could support larger-scale and more capital intensive enterprises, and so forth.

Indeed, the arch-sin of mercantilism in the eyes of classical and contemporary economists, their interference in free trade through tariffs, monopolies, and other interventions, was all directed at the overriding economic goal of climbing the value-added ladder.

Thus, England (and later Britain) put a tariff on foreign textiles and an export tax on raw wool and forbade the emigration of skilled workers (while supporting the immigration of skilled workers to England) and other mercantilist policies to move up from being exporters of raw wool (which meant that most of the profits from the higher value-added part of the industry went to Burgundy) to being exporters of cheap wool cloth to being exporters of more advanced textiles. Hell, even Adam Smith saw the logic of the Navigation Acts!

And this is what brings me to the most devastating critique of the standard economist narrative about mercantilism: the majority of the countries that successfully industrialized did so using mercantilist principles rather than laissez-faire principles:

When England became the first industrial economy, it did so under strict protectionist policies and only converted to free trade once it had gained enough of a technological and economic advantage over its competitors that it didn't need protectionism any more.

When the United States industrialized in the 19th century and transformed itself into the largest economy in the world, it did so from behind high tariff walls.

When Germany made itself the leading industrial power on the Continent, it did so by rejecting English free trade economics and having the state invest heavily in coal, steel, and railroads. Free trade was only for within the Zollverein, not with the outside world.

And as Dani Rodrik, Ha-Joon Chang, and others have pointed out, you see the same thing with Japan, South Korea, China...everywhere you look, you see protectionism as the means of achieving economic development, and then free trade only working for already-developed economies.

[spacedkitty]

I am fascinated that so many people didn't see this whole reddit debacle coming.

They will come for all your social media sites. For your media consumption sites. For your music apps.

Shareholders are playing hot potato with companies until the bills come due and then they are selling them off and the ones left are trying to make up their losses by charging for everything they can possibly imagine.

This is just where things have gotten. Most tech companies aren't profitable and probably won't ever be profitable, but they are traded on the stock market under the idea that they someday will be even when that's absurd and would literally wreck them to do so.

Business articles are talking about "growth" over profit constantly. "Future gains" supposedly outweigh "profit now". So these companies dump money into making themselves "great" and fancy (see: addictive and attractive) for free or for cheap so they can get all the users, because then they become worth a bunch. When they can't keep growing via users, they find ways to push more advertising, try to monetize the users a little, make it seem like they can squeeze that blood out of the stone. Then they try and sell before the bills come due so that when people finally start to realize that there's no way for the company to keep growing, they aren't left out of pocket, but whoever does get stuck with it wants to keep that growth going, so they add more bullshit. They cut account sharing, they add more tiers, they add more ads, they start charging for features that were free or included, they try make other companies pay them just to connect.

They are making things worse in the pursuit of artificial value. They are hoping they have enough of a monopoly on the way you interact that they can keep you hooked and paying their bullshit new fees and suffering through their ads so that they can recoup their losses.

This is going to keep happening.

[quackity1999]

"Investments in Las Nevadas, a massive profit in return."

Greetings, fellow readers who's interested in the succesful system of global trade, stock market and capitalism. It's been a while since we have produce an economic analysis of a country, and we don't have the liberty to discuss about our whereabouts.

Moving on, Las Nevadas, the newest addition of countries in the continent as we venture this glamorous city of lights in the desert.

We saw massive profits and entertainment everywhere for all people to serve with. According to our economic analysis and various interview from the employees of Las Nevadas stock market and National Bank.

A staggering increase 400% of foreign investments from other countries around the continent is being injected to Las Nevadas economy just for a single week. Ensuring the Las Nevadas currency is one of the raising and strong currency around the continent.

But that's not all future investors and winners, we decided to make an financial experiment as we invest 500 NVD on a local financial company in Las Nevadas. And just for 30 minutes the company stocks we bought have dramatically increasing to 150% increasing our former investment from 500 NVD to 100,000 NVD in just 30 minutes, this is a staggering successful of stock trading we have seen.

But the thing that shock us the most. Is who's leading this successful financial and well connected country?

It's former vice President of New L'manberg, and now President Quackity, ever since his first serving within New L'manberg government.

President Quackity is a open promoter of free market and global trade to bring the low economy of former country of New L'manberg, but alas.

Former President Tubbo, dismiss his ideas within the cabinet. We at the team of Ekonomists we're glad President Quackity didn't back down from his ideas.

As the scorching sun rise from dawn. Las Nevadas stand as one of the strongest financial country within the continent.

So what are you waiting for? Invest to the nearest Las Nevadas company in your country, or even better visit the country herself. So you can feel what being a successful person deserve to be treat with.

The Ekonomists, investment today, profit tomorrow.

. . oh, shit! that's a positive review for once. shoutout to the ekonomists, these guys know what's UP ‼️‼️😎😎

[trashytoastboi]

Hello! May I please request a headcanon post about the Strawhats as travelling merchants?

Heyya! Sure thing 🍞 this was quite an interesting one to write! I won't deny that 90% of my merchant knowledge comes from Spice & Wolf 🤣🍀 hope you enjoy~

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Headcanons: The Straw-Hat's being travelling merchants

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Straw-Hat Crew

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Robin📚 The researcher. Market research, audience studies, target market, trends, demand and supply. Robin takes care of all of it. She is precise and proficient that she can usually guess a good investment and stock up on things before a massive price boom. She knows the location they are going to visit beforehand, she research the markets, what they have and what they need. Handles all official paperwork such as travel permits and declaration forms of their products and wares.

Nami🍊 Money and maps. The books, the profits, the expenditure. Not a single beri escapes her gaze. She often works on the books and focuses on how to maximize those profits so that the zeros only grow positively in the bank. She's in it to win it and will work alongside Robin whenever she sniffs out a good chance to make some coin. Nami also plans out the most efficient routes to their next destination.

Brook 🎻 Handles the advertising, he uses his skills with music to attract people almost like a pied piper. The music creates a soothing and pleasant atmosphere for the people who come around to shop and peruse the Straw Hats various wares. He leaves his hat out as a welcome for tips, Nami's idea of course.

Franky 🤖 Franky mostly handles repairs for the various wagons and carts the group need when travelling. He is usually there to handle appraisals as well, having a very good eye to see through bad materials. He creates mechanical knickknacks for sale and offers repair services for all sorts of things.

Usopp 🏹 The salesman could probably sell your own liver back to you. He has a silver tongue and a great well of flattery up his sleeve. Ussop is the best man for the job as he chats up every product perfectly, so much so that nearly everything he proclaims the greatness of will sell out. For every product he has a tall tale to go with it. Customers want value and sensationalism which Ussop knows very well.

Luffy 🍖 An unusual and strange charm that tends to draw customers and trouble. Luffy is the head of their little band of merchants and dictates where they go. A bit inconvenient as Luffy is very erratic and his paths are never linear, usually leading them to the most random location. Usually results getting into arguments with other merchants. A territorial dispute you could say. Though Luffy usually convinces those merchants to just work alongside them.

Sanji 🍽 Sanji is in charge of cooking meals for the Straw Hats as well as trading spices, making food to draw more customers by offering snacks and samples. He calls the shots on rare ingredients and whether it's better to trade them or cook them. A lot of returning customers are there for Sanji's food and his ever so convenient mixed spice packs.

Zoro ⚔ Zoro is not well versed in the matters of trade, nor bookkeeping and even making something to sell. So what he does handle is the security. Brawn is his literal strong suit and he works hard to protect the merchants, their wares and any apparatus. There usually aren't any problems, because Zoro takes care of them quickly. If its too overwhelming a few others would step in but thus far a situation where it's been too much has not arisen.

Jinbei 🥋 Jinbei is in charge of driving the wagon and heading the wagon train. He coordinates the setting up of their little market area. Works closely with Nami when planning routes as Jinbei takes all the obstacles into account when travelling. Also being one of the more amicable and well versed members, he handles negotiations for locations and permissions to set up a campsite doubled traveling shop.

Chopper 🍭 Medicine and Animals. Chopper makes various salves, medicines, and ointments for a wide variety of things. In fact Miracle Medicine is not too far off to describe the health tonics he creates. They are one of the best sellers that the Straw Hat merchant group has to offer. Chopper also takes it upon himself to look after the animals that help with pulling the wagons when they travel on land, as well as offering free medical check ups for anyone that seeks one.

[lunarsilkscreen]

Troubleshooting Chart of Housing Prices

I watched a [Wired] video article that tries it's very best, but ends up sounding like an AI generated rehashing of talking points the author doesn't really care about.

So, How did I come to my conclusion in the [Homeless for Profit] article?

If we're looking at a problem like "Cost of Housing" we need to first look at what the actual problem is;

People cannot afford permanent stable housing. Permanent *here* I'm defining as "Indefinite". Where most other places define "Permanent" as roughly a year or two.

What this means is I exclude "Rentals" on purpose, because *by that definition* renting is *NOT* a permanent solution.

#edit; I had to clarify the following section from previous version.#

This forms the basis of "Rent to Own, not Own to Rent".

Why? Because a landlord typically won't allow indefinite stay AND program that help pay rent are temporary, and once the funding runs out; the landlord has to decide if they'll rely on the renter's ability to continue paying or not.

Not only that; Renter's Rights and Squatter's rights afford a renter the ability to own the property after a certain timeframe of continuous rent and home improvements ALONGSIDE eviction protections which landlords do their best to ensure that a renter has no right to invoke by purposefully limiting their stay.

Because excessive rental properties, and properties that continually rotate out occupants in order to pay for a landlord's bills *and* not be used for permanent housing increasing cost of homes, loans, AND rent.

It's effectively a legalized Ponzi Scheme. Where somebody with adequate credit can take a loan to buy a property to rent, using the other end of these programs intended to support the homeless, and then pay off their loan, and keep the equity that the renter paid for.

The idea is either they sell it again, not at the same price mind you; but at whatever the current market price is.

And if you've been watching housing prices; they're going up. Even when there's a literal crisis. (ESPECIALLY WHEN)

The Wired article, and many like it; talk about "Luxury Development" and "Condos for rent" which places the onus of blame square on Millenials for "Not wanting cheaper houses".

Keep in mind; there are no cheaper houses. The blanket price is relative. The same price in rural Alabama as New York City.

And the property in Rural Alabama may as well be considered luxury in comparison.

This is what people are complaining about.

And why the idea of "Rent to Own" is gaining traction. The idea being; if you're going to rent a property; the equity being built up should be going to the person footing the bill.

The argument is always "Well the Owner is taking a Risk by taking the loan". The Risk is the lose of the property they purchased with that loan. Nothing else.

If they stopped paying, they'd loose the house, and get to keep all the rent.

So who is taking the risk?

You could say a home developer... Who spent money to build a property, and so they're taking a Risk by renting it...

But keep in mind; they're renting competitively. They're getting the same payment without needing to worry about a loan.

The risk they took was building the property; and all they need to do is sell it, and invest it into some blue chip stock with dividends.

You'd get much better returns that way. With the same "Risk". Seriously.

And that's where we're at. Right there, the cause of Supply dwindling, and Demand increasing, because *some people* don't want to really work a technical trade.

[transgenderer]

The domestication of the Syrian hamster began in the late 1700s when naturalists cataloged the Syrian hamster, also known as Mesocricetus auratus or the golden hamster. In 1930 medical researchers captured Syrian hamster breeding stock for animal testing. Further domestication led this animal to become a popular pet.

The Syrian hamster's natural habitat is in a small region of Northwest Syria near the city of Aleppo.[1] It was first described by science in the 1797 second edition of The Natural History of Aleppo, a book written and edited by two Scottish physicians living in Syria.[2] The Syrian hamster was first recognized as a distinct species in 1839.[3] In 1930, a scientist seeking animal subjects for medical research had the first Syrian hamsters captured to become laboratory animals.[4] Scientists bred those hamsters and during the 1930s sent their descendants to various other laboratories around the world.[5] By the late 1940s in the United States, a commercial hamster industry had begun to provide hamsters for laboratory use and at the same time to popularize hamsters as pets.[6] In later years, further expeditions back to Syria captured other hamsters to increase genetic diversity among the populations of hamsters shared among breeders.

Wild Syrian hamsters become tame in a matter of days after being captured and handled by humans.[7] Wild hamsters are quick to adapt to captivity and thrive in a laboratory setting.[7]

Albert Marsh of Mobile, Alabama established the commercial hamster industry in the United States in the 1940s.[30] Marsh first got a hamster when he was gambling and won it in a wager.[24] Somehow he got more hamsters after this one, perhaps from the breeding stock managed by Guy Henry Faget in Carville, Louisiana.[24] At the time, Marsh was a highway engineer but unemployed.[24] After getting his hamsters, he learned to breed them and founded Marsh Enterprises and the Gulf Hamstery, which promoted Syrian hamsters as pets, for laboratory use, and in business schemes.[24] Marsh took advertisements in magazines, comics, and livestock trade journals which praised hamsters as pets and presented the idea that breeding hamsters was a good business investment.[24] In his business, he shipped hamsters to people who would be breeders, then he coordinated the shipment of various breeders' hamsters to other breeders or to laboratories.[24]

Marsh was successful in part because of the professionalism he brought to the art of hamster husbandry. He authored a book, The Hamster Manual, which had a distribution of 80,000 copies by its 6th edition in 1951.[24] In 1946, Marsh began a campaign to legalize the ownership of hamsters in California, which were prohibited. On 10 February 1948, with the help of the governor of Alabama and others, Marsh was successful in convincing the California State Department of Agriculture to designate Syrian hamsters as "normally domesticated animals".[19]

The hamstery business peaked from 1948-1951 then profitability dropped to almost nothing in the early 1950s.[31] The market changed when small hamsteries, most of which started with hamsters from Marsh, became available everywhere and satisfied local demand for pet hamsters.[31] Marsh's Gulf Hamstery closed in the 1950s.[31]

hamsters only became pets in the 40s...

[hekate1308]

And That Special Quiet On Christmas Morn, A Destiel Advent Calendar December 1

Masterpost

It was far from the first time Sam had asked Dean to accompany him to an auction. Came with him being a woodworker and knowing good furniture when he saw it. In truth, Dean would have preferred to gift him every single piece he needed for his office, but Sam was absolutely against that because “You need to make a profit, Dean” but since he was not ready to accept money from family, this was a compromise.

Plus, Sam hadn’t been able to say no to Dean making his desk, at least, and some of his clients and colleagues had actually asked for his number after seeing it, so…

Still, Sam wouldn’t be gainsaid when it came to certain topics, so here they were once more so he could get a new (well, old) cabinet.

Anyway, it also meant spending more time with his brother. And he was never going to say no to that.

“Say what you want” he couldn’t help but announce in the showroom, although he lowered his voice when he noticed several official-looking people around “but most of this is garbage.”

“I was thinking it might be, but that’s what I’ve got you for” Sam simply replied in the same tone.

They came across a desk where someone had decided to carve some… interesting decorations on the legs, and traded a glance. Sam struggled to keep decorum, being an ace lawyer and all, but Dean didn’t bother to hide his smile.

And that was when he happened to see the painting.

Now, normally when it came to these auctions or exhibitions or wherever Sam wanted to take him, he didn’t pay much attention to anything but the furniture. He knew why he was there, after all. But somehow, when he raised his head and noticed the painting, he was drawn to it.

Before he knew it, he was standing in front of the wall where it hung, staring at it.

Now that he was so close, all in all… it was nothing special. It was a painting of a man standing in a non-descript city. He had dark hair and blue eyes (very blue eyes – as his friend Crowley would have teased him, that was probably why Dean had noticed the piece of art in the first place) and the shine from the street lamp he stood under made it seem like he had a halo.

It was not a bad painting, as far as he could tell with his limited experience, but it probably wasn’t what one would have called a masterpiece either. Still, there was something about it…

“Dean?”

He turned his head to find Sam looking at him, clearly puzzled.

“I –“ he cleared his throat, having no idea how to explain, then gestured towards the wall. “Not bad, is it?”

Sam, who’d taken an art class in college (which Dean always held didn’t count for much because he had mostly done it to meet girls) turned his head and studied it. “I suppose not. Nothing to write home about, but…”

He shrugged. “I just thought it looked neat, is all.”

Sam nodded, apparently satisfied. “Come on; the auction is about to begin.”

---

The auction went as these things always did. There were the professionals, hoping to stock up their warehouses or stores; those pretentious ones who believed they knew what they were doing and might find a bargain; and normal people like Sam and Dean who were just looking for something they needed.

Sam got the cabinet they had been eying – naturally, he had to be persistent with his job – and sat back, clearly happy enough. Now they just had to wait out the rest of the auction.

Yet somehow, Dean grew more and more nervous the more time passed.

He didn’t know why until the painting – truly the painting, for he would late realize that for him, there really had only been one there, he wouldn’t have been able to describe any other that he had seen – was carried onto the stage.

He looked at it again. Well, he hoped whoever bought it would find a nice place to hang it up instead of locking it away in a safe, as some of those millionaires one heard about were wont to do…

He raised his hand without meaning to. Or rather, his hand went up when the auctioneer called out, clearly to Sam’s surprise.

He very resolutely did not look at his brother as he bid against a little old lady who seemed determined.

But suddenly Dean realized he was as well – more than that – he had to have the painting. It was meant for him.

In the end, he managed to bid 200 dollars – luckily he’d had a few big orders lately – and won.

He let his hand sink, still not catching Sam’s eyes.

What had just happened?

[mysmorgasbordoffantabulosa]

I mean Lee Seunggi went through shit with Hook for 18 years and no one outside the industry had any idea until dispatch’s exposé, so BigHit or Hybe being shady wouldn’t be a surprise…

I think they’ll re-sign because BigHit have enough shit on all of them to sink them, the only reason it might be dragging a little now is because some of the guys probably also have something up their sleeves. I’m no company hater, but it’s basic stuff, if it were all roses and sunshine, there wouldn’t be so many “we hope” statements being thrown around, especially by Bang himself, who doesn’t prevaricate.

This is not the same situation...

Lee Seunggi, signed with Hook in 2004 when slave contracts were prolific, but his dispute with Hook was mostly about money not mistreatment, despite what he says in his own statement...

For years it appears that Hook misled him about how much profit he was earning and had hung his idol training debt over his head.

BTS and BigHit it different, BigHit didn't pass on any debt to BTS when they debuted and when BigHit started to be profitable BTS started receiving royalties.

Most Entertainment companies in Korea are private companies who can hide profits and do dodgy things. Whilst big companies who are publicly traded can also be dodgy, they are bound my market regulations, we know this because just this week the regulator will be closely looking at Kakao and SM's recent dealings. If anything is untoward no merger.

HYBE has investors who need to be kept happy and what keeps them happy is high stock price and big profits. BTS is crucial for that to continue at HYBE, so in order for HYBE to flourish it needs BTS. So why would HYBE fuck up their relationship with an Artist by threatening them, because I don't think these boys would tolerate that. Remember these were the same boys who almost disbanded back in 2018.

No BH isn't blackmailing the boys to sign and nothing they've done so far comes off as shady. People presume shady shit because of issues with other companies. Plus, would a company led by Bang PD shit on the boys, you know the same Bang PD who supported Jo Kwon the queer K-idol of 2AM, by also giving them their first pair of high heels.

I do think you're partially right, though, that the boys (all of BTS) are being tough with negotiations, but I think it's because they want a good deal that benefits them.

I still think by 2025/26, when the boys return we'll get an announcement of contract extensions.

And... @nonalisa @lullaby-of-taekook @taekookgotjamz This is my partial thoughts on contracts, I'm still composing a more thorough post.

[uboat53]

Twitter is in the news a lot these days, but I'm honestly finding what's happening with Tesla to be far more interesting. Ready for a LONG RANT (TM) about stocks?

WHAT'S HAPPENING?

Tesla stock has been on a bit of a slide in the last year. As I write this it's trading for just over $100 per share, about a quarter of the 52-week high.

The decline tracks pretty well with Elon Musk's purchase and running of Twitter. He's been both using Tesla stock as collateral for his loans and selling stock to make his own payments, so some decline certainly makes sense. Still, Musk only owned about 13% of the company at his peak, so what's going on with Tesla stock is far more than just his selling or borrowing against his own shares and that's what I want to look at.

THE MARKET

First let's pause for a moment to review how stocks work. Basically, when you buy a share, you own some percentage of the company. Most companies have millions or even billions of shares, so the actual percentage you would own is not huge, but you do own it and the more shares you own the greater percentage you own.

Tesla, for example, has 3.16 billion total shares outstanding which means that each share gives you ownership of 0.0000000316% of the company.

Now, how much a share is worth tells us something. How much, for example, would you pay to own a small part of a given company? If you would pay $100, for example, for that small percentage of Tesla, then we can approximate the total value of the company by multiplying the price per share by the number of shares, which gives us a total value of $316 billion for the company.

And the way we know that each share is worth about $100 is that, on any given day, a bunch of people want to buy or sell a share and, by seeing what people were willing to accept and pay, we can see what the average value is. Recently about 100 million to 150 million Tesla shares have been traded every single day and each transaction is public, so that gives us a pretty good idea of what they're worth.

(I should note that this isn't a universal rule. What you would pay for a single share of a company may not be the same as what you would be willing to pay for a 10% stake that would give you the right to a seat on the board or a 50% + 1 stake that would give you total control of the company. It's an approximation but, as far as approximations go, it's a pretty good one).

THE HYPE

So what goes into the value of a company or a share? There's hard data certainly. Most companies release quarterly statements and more detailed yearly statements regarding their profits, expenses, investments, etc. and that information can give you an idea both of its current profitability and its future prospects. Some companies also pay a dividend, returning some percentage of their profits directly to shareholders on some regular basis which is another factor to consider.

There's also things that some might consider market manipulation. A company might buy back its own shares, making the remaining shares more valuable, or an activist investor may buy up a large stake to try to pressure the company in a certain direction. Some investors may even short-sell a stock, betting against the success of a company which, if done at a significant scale, can become a self-fulfilling prophecy.

But we also have to consider that the people buying stocks are, let's face it, people, and just as susceptible to tricks of psychology as any of us. Sometimes a stock trades for higher than any fundamentals or other trading issues might make it simply because there's a media or social buzz about it.

I should point out that this isn't an insane reason to buy a stock. Strong media or social hype tends to lead to both increased sales and higher profit margins. Apple is a great example of this as it at one point boasted about the same level of profits as Dell from their computer lines with only 1/3 the actual sales.

SO, TESLA...

Tesla has lost about 75% of its value from its peak this last year and a lot of that is due to Elon Musk's acquisition of and running of Twitter. There are, to my mind, three main factors to consider:

1) Musk has sold off a significant chunk of his Tesla stock holdings to pay for his acquisition of Twitter and has used a lot of the rest as collateral for loans. He's a big enough investor that this selling changes the supply/demand equations of the stock to some degree.

2) Musk was already the CEO of Tesla and the CEO of SpaceX (along with the Boring Company and several others), now he's the CEO of Twitter as well. There are legitimate questions both as to how many different ways one person can split their attention effectively and there's also the question of, if Twitter and Tesla were to need his full attention at any given time, which one would win?

3) Finally, there's the hype. A lot of Tesla's image, popularity, and marketing strategy was based on Musk. He only held 13% of the shares of the company, but he ran it and a lot of the social and media buzz about the company was based on his reputation (valid or not) as a genius who was going to change the world. His struggles and antics at Twitter have dented that reputation and, with it, some of the shine on Tesla that made it so valued.

If I had to guess I would say that the latter is the most significant factor, probably as much as 75% or more, in the drop in Tesla price. As I noted, Musk was already splitting his time between running multiple companies and he's neither a massive shareholder nor is he selling a huge chunk of his holdings.

Frankly I don't actually find it that surprising that most of the value of Tesla (apparently at least 75% of it) was hype rather than business fundamentals. Tesla still sells under a million cars a year compared to 10.5 million for a company like Toyota and it doesn't have a dividend. That means that most of the difference in company value between Toyota ($219 billion) and Tesla (over $1 trillion at its peak) had to do with hype and expectation of future growth rather than any current sales or profitability.

WHAT COMES NEXT?

Okay, I'm not going to pretend to be able to predict the future here, but there is one thing I'm fairly sure of. Hype and reputation aren't something that's easy to get back, particularly not if it's based on something nebulous like individual genius.

A perception in culture and media for individual genius isn't exactly a reputation that comes about because of strong data, it's more about public relations and a general perception than it is about strong data. Once lost, I'm not even exactly sure how a person would go about regaining it to the degree they had it before.

Given that, I think there's probably room for Tesla stock to recover a little bit, given that at least some of the drop has to do with the negative hype around Musk's antics at Twitter, but it's probably reasonable to think that it won't regain the insanely high valuation it had earlier in 2022.

On the other hand, if Musk continues to lose more of his reputation due to his involvement at Twitter or for some other reason, there's clearly still room for the stock to continue to plummet. After all, it still sells far less cars and brings in way less money than Toyota and is worth more on the market, so there's definitely still more hype that it could lose.

TL;DR:

Tesla has lost about 70% of its value in the last year because it turns out that most of its stock price wasn't due to its product or business but due to the reputation of its CEO which is now diminished due to his purchase of Twitter and all of the associated happenings there.

I'd put good bets that a lot of that value isn't coming back, reputations are tough to rebuild.

[swiftqash]

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[weatherman667]

That’s Not Capitalism:  The Stock Market

When people think of the psychotic excesses of Capitalism, they think of the stock market.  But through perverse government incentives and regulatory capture, they are one of the least Capitalist of things.

Financial capital is ONE form of capital in Capitalism, but not even the most important one.  More important are resources, transport, Human capital, and entrepreneurship.  And of these, Capitalism considers the Entrepreneur the most valuable asset, because they are the least common.

So, in theory, the stock market has stocks which are percent ownership of a company.  So, the company sells stocks, which are partial ownership of the company, and the one who bought the stock gets a portion of the profits of the company as dividends.

What happens instead is that we have a handful of hedge funds that control the world, and have enough financial power to change the stock market.  They can see a stock that is overvalued, and instead of allowing a natural correction, they put so much money into short selling that they cause the stock to cause a nose dive.

Short selling is when you borrow a stock, sell it, but have a provision to repurchase the stock a time later.  The idea is that if the stock drops, you make money.  I found this atrocious, until it was explained to me that this creates a floor that the stock cannot fall beyond.

And this is because the stock market is prone to panic.  If the stock drops a little bit, say, with a self-correction, a couple of investors panic, and sell below the current market price.  This causes the stock price to drop even more, and others sell below market, (to sell it quickly).  And over the course of an hour, a stock can drop to half of where it started from, only to recover most of the lost value.

It also goes in the opposite direction, where people think an upward trend will continue, and so buy it overvalued.  Others buy it overvalued as well, and this keeps going until someone realizes what’s going on, and then the market drops back passed where it should be because it went into a panic.

The stock market is a yo-yo.  A lot of this can be solved by banning day-trading.  Have a law that says you can only buy or sell a stock, (not both), once a day.

But the real problem is that participation is MANDATORY.  Primarily through Taxes and Inflation.

So, the government forcibly inflates our currency.  If the currency doesn’t inflate enough, they will release enough cash to force the issue.  The theory is that this reduces the value of debt over time, but what it actually does it prevent people from holding onto their wealth.

With 1% inflation, after 10 years 100 dollars will be worth $90.44.

With 3% inflation, after 10 years 100 dollar will be worth $73.74.  Over 20 years, 100 dollars will be worth $54.38.  Over 100 years, (trying to save for your grand kids), 100 dollars is worth $4.76.

So, if you want to save money and have it hold value, you need to put it in the stock market.  There are other things that arguably have better stability, like precious metals, but, oh, the government isn’t going to stop there.

The government says, okay, you can take some money off of your taxes, and put it the stock market, and then pay taxes when you take it out.  This works, but now means that if anyone wants their money to hold value, they NEED to take part in the stock market.  Oh, and because you can’t save on your own, the government came up with this great idea of a pension.  So, your pension is in the stock market.

So, the government is forcing us to participate in this horrendous unstable environment.  Because the government cares about you.

[dailygong1]

Exploring the Top Trading Platforms for Investors: A Review of Daily Gong

Trading platforms have become increasingly popular over the years as more and more people are looking to invest their money in the stock market. With so many options available, it can be difficult to determine which trading platform is the best fit for your needs. In this article, we will take a closer look at Daily Gong, a trading platform that has been gaining popularity in recent years.

Daily Gong is a trading platform that was designed specifically for retail traders. The platform offers a user-friendly interface that is easy to navigate, even for those who are new to trading. One of the biggest advantages of Daily Gong is its low fees. The platform charges a commission of just $0.50 per contract, making it one of the most affordable trading platforms on the market.

Another advantage of Daily Gong is its wide range of trading tools and features. The platform offers real-time data and charts, as well as advanced order types such as stop loss and take profit orders. Daily Gong also offers a mobile app, which allows traders to stay connected to the markets no matter where they are.

One of the unique features of Daily Gong is its social trading platform. This allows traders to follow and copy the trades of other successful traders. This can be particularly useful for those who are new to trading or who do not have the time to analyze the markets themselves. By following successful traders, users can learn more about trading strategies and gain valuable insights into the markets.

Daily Gong also offers various educational resources to help traders improve their skills and knowledge. These include webinars, video tutorials, and a trading academy. The platform also has a community forum where traders can connect with each other, share ideas, and ask for advice.

Another advantage of Daily Gong is its customer service. The platform offers 24/7 support via phone, email, and live chat. The customer support team is knowledgeable and responsive, making it easy for traders to get the help they need when they need it.

In terms of security, Daily Gong takes the protection of its users’ data and assets seriously. The platform uses advanced encryption and security protocols to ensure that user data is protected at all times. The platform also offers two-factor authentication, which provides an extra layer of security for user accounts.

Overall, Daily Gong is a solid trading platform that offers a range of features and tools for traders of all levels. Its low fees, user-friendly interface, and social trading platform make it an attractive option for those who are new to trading or who are looking for an affordable and reliable trading platform. If you’re looking for a trading platform to help you grow your investments, Daily Gong is definitely worth considering.

[scotianostra]

29th March 1958 saw the death of Sir William Burrell.

William Burrell, the shipping magnate who amassed a giant art collection and then gave it away, is perhaps both one of the best-known names and least-known characters in Scottish philanthropy.

I first  learned of William Burrell through my mum in the early 80’s, he was born into a shipping family and ran the business with one of his brothers, George after his fathers death.

In 1876 William entered the firm at the age of 15, and on his father’s death in 1885 he and his eldest brother George took over the management. the firm was already prospering, but under their shrewd direction it reached a position of international standing in worldwide tramping and in ship management.

The Burrell brothers undoubtedly had the Midas touch. George kept abreast of developments in marine engineering while William specialized in the commercial side. Their fortunes were based on a steady nerve, foresight and breath-taking boldness. The formula was quite simple. In times of depression they would order a large number of ships at rock-bottom prices, calculating that the vessels would be coming off the stocks when the slump was reaching an end. Burrell and Son was then in a position to attract cargoes because it had ships available and could undercut its rivals. Then, after several years of highly profitable trading, the brothers would sell the fleet in a boom period and lie low until the next slump occurred,  it was a simple idea for them and very shrewd, none of their rivals were brave enough to take the risk and the firm went from strength to strength. It was when the firm were at there peak William became one of the most important collectors in Scotland. His interest in art went back to his youth. While still a boy he was already buying pictures, although he used to say in later years that their chief value lay in the frames. 

Although it is not known what sparked off Burrell’s love of art, there were plenty of opportunities in late 19th century Glasgow for him to form his tastes. A number of collectors were to be found amongst the wealthy Scottish industrialists and shipowners of the time.

  An estimate of Burrell’s early interests can be obtained from his loans to the Glasgow International Exhibition of 1901, when he was the largest single lender with more than two hundred works. Their range and scope show that he was already a collector of major standing. They included medieval tapestries, ivories, wood and alabaster sculpture, stained glass and bronzes, Roman glass, 16th and 18th-century Dutch, German and Venetian table glass, silver, furniture and Persian rugs. The paintings are by too many artists to mention here without it looking like a shopping list, but Whistler, Manet and Monticello were among his purchases.

  Between 1901 and 1911 little is known of Burrell’s collecting, apart from his acquisition of some fine pictures, including his first Degas. Unfortunately, at the same time he was selling as well as buying, a policy he was to continue even after the sale of the fleet had removed any major financial restrictions on the scale of his spending on art. In 1902, for example, he sent nearly forty pictures for auction, and among those sold were paintings by Daumier and Manet which are now in the United States.

From 1911 until 1957 Burrell kept detailed records of his expenditure in twenty-eight school exercise books. He made almost all the entries himself, except during the last few months when failing eyesight compelled him to delegate the task to others. These purchase books are an invaluable record of the astounding range and scale of his collecting. Although the entries tend to become more detailed as the years go by, the basic format was established on the first page of the first book. There are separate columns for date of acquisition, description, from whom the item was acquired, its price, date of delivery, insurance and whether photographed. The last column is headed “All in Order” and usually has Burrell’s initials.

Burrell was never an easy client. He was strong-minded, liked to haggle over prices and could be very cautious., well what would you expect from a canny Scot! Even dealers with whom he had done business over some years would find him seeking a second opinion on an object they were attempting to sell him. His collection is only bettered by some of the major museums across the British Isles.

  Until about 1930 Burrell seems to have been buying merely for his personal enjoyment, with no thought of forming a collection which would be kept together after his death. Until then he continued to sell or exchange paintings, but in the 1930s he formed the idea not only of having a permanent collection but of handing it over to public ownership. Burrell had discussions with a number of interested parties regarding the disposal of the Collection, and eventually, in 1944, it was donated to Glasgow, the city of his birth and centre of his business activities, in the names of himself and and his wife.

A few years later he gave the then Glasgow Corporation £450,000 for the construction of a building in which the Collection was to be housed and displayed. The terms of the Deed of Gift as regards this building, however, presented difficulties. Burrell stated that it should be within four miles of Killearn in Stirlingshire and not less than sixteen miles from the Royal Exchange in Glasgow. He felt that the Collection would appear to best advantage in a rural setting and was also deeply concerned at the harm which could be caused by the high levels of air pollution then prevailing over Glasgow. The councillors and Corporation officials were aware of the problems in, firstly, finding a suitable site and then in administering a museum so far removed from the city, but attempts to persuade Burrell to make his conditions less stringent met with little success. Various sites were considered, but the issue was still unresolved at the time of Burrell’s death. It was only nine years later, in 1967, when Mrs Anne Maxwell Macdonald presented Pollok House and estate to the City of Glasgow, that a site was at last found.

Sadly, he did not live to see them in the gallery in Pollok Park, where they form such an important feature. He died at Hutton Castle on 29th March 1958, at the age of 96.

A design competition for the museum building in 1971 was delayed by a postal strike, allowing time for the eventual winning architect  Barry Gasson. I have no idea why it took so long to actually get it built, but it’s size was maybe a factor. The building is the second largest post war building in Scotland, the abandoned St  Peter’s Seminary at Cardross being the largest. The Burrell Collectioned opened it’s doors in 1983.  So far, more than 1.3 million people have visited exhibitions

The Burrell Collection closed to the public in October 2016 in order to embark on a programme of refurbishment. It was reopened last year, after covid caused delays.

[somethingliger]

What is the World Gold Council?

The World Gold Council is an association of the world's most prominent gold producers who this website are exceptionally still up in the air in the underwriting of gold.

The World Gold Council is however a non-profit collusion subsidiary with the world's main gold process that has been made to promote the fame and utilization of gold. It has its central command in Geneva where the Council was shaped by an organization of workplaces that are basically delegates of the significant focuses that fulfill up with the need of gold all over the globe. Also, it has promotional exercises that cover the markets showing around three quarter of the world's yearly consumption of gold.

The idea of the World Gold Council's work is a lot of firmly related in organization with the nearby gold trade and gold industry. It ends up fluctuating according to the assorted prerequisites and phases of advancements and progression that the nations might go through. Additionally, this has close significance to the types of gold that are consumed like adornments, bars, coins, dentistry in what at any point structure gold is generally sold or consumed.

Besides, the Council's program and the gifted group of staff help with changing gold products and directing its appropriation process. It provides with expert and professional bullion data and the financial administrations to cumbersome proprietors of gold. The principal focus and worry throughout the course of recent years has been on smoothing the progress of the disposal of underlying obstructions to the free flood of gold and subsequently, it is very steady in its notable accomplishment and upkeep.

The World Gold Council oversees local and global market research studies and broadcasts data on development in gold expectation and other ignot related issues. The mission of World Gold Council is to propel and keep up with the demand for bullion and furthermore lay out the perseverance an incentive for the gold partners.

The World Gold Council is upheld by the assets of world's central gold mining organizations. It has a site (http://www.gold.org) that can be gotten to by undeniably keen on ignot and the gold market.

For about 40 years or more, the World Gold Council has printed the companion checked on logical diary that we recognize as Gold Notice. The main diary focuses on science, innovation and modern applications for bullion to upgrade its development. It is an investment research based program that provides from one side of the country to the other and worldwide investors with boss data in regards to bullion. This is inclusive of the printing of broad assortment of examination papers. These papers are recognized by scholastics and in-house experts that are experts in gold's investment highlights, bullion as a store of significant worth, expansion and cash fence. These additionally focus on the extravagance of data that is based on the design of the market, the demand and the stock stream and the regular refreshing of gold measurements in the market.

[ianmitchellking]

What Exactly Is Business Law?

Business law is a collection of laws that regulate business. These laws are examples of contract law, corporate law, ethical behaviour, and securities regulation.

Contract law is one of the most significant areas of commercial law. It defines what constitutes a contract when one party breaches the other's commitment and what the righted party may do in retaliation. It also goes into detail on culpability for misrepresentation and fraud.

Contract law is also important in maintaining corporate partnerships. Contract law is founded on the voluntary exchange of rights and duties between self-sufficient persons. When two parties make a free and informed choice to engage in a contract, it is termed a good trade.

Transaction law is founded on the idea that every contract includes the exchange of rights. This notion is also known as the contemplation doctrine. The consideration theory ensures that all arrangements are genuine agreements.

Corporate law, in general, refers to the rules and regulations that govern companies, such as incorporation, ownership, mergers, and acquisitions. There are also taxes and shareholder rights norms and regulations.

A transaction may be considered a legal achievement in certain countries if it fits the "corporate benefit" requirements. There are regulations in other countries that enable third parties to rely on the apparent authority of corporate representatives.

Corporate law is a corpus of civil law that governs companies, such as how a business may be founded, managed, operated, and profits divided, as well as how a company can be dissolved. The memorandum of association is the most important document for a firm.

The memorandum of association is a document that defines the purposes of a corporation as well as the permitted share capital. A company may be both public and private. Stocks of a general firm are exchanged on the stock market. A private company is not publicly traded or listed on the stock market.

Securities, in general, are financial instruments that reflect a stake in a firm, project, or commercial interest. Voting trust certificates, voting stock, preorganization certificates, investment contracts, and collateral trust certificates are all examples of securities.

A company that suspects it has been engaged in a fraudulent security transaction may seek legal advice from a securities lawyer. Securities laws are federal legislation that governs both the issuing and selling of securities to groups of investors.

The Securities and Exchange Commission (SEC) is a government organization that oversees and regulates securities transactions across the globe. Five commissioners selected by the president govern it. It employs hundreds of people in major cities around the United States. They keep track of the activity of hundreds of companies, including thousands of worldwide companies that trade on the stock exchange.

It is critical to understand business ethics, whether you are a business owner, manager, or customer. An ethical code of conduct assists you in avoiding legal difficulties and maintaining consumer loyalty.

Business ethics is a collection of rules and regulations regulating how individuals behave. They are meant to guarantee that enterprises treat the public fairly.

Laws governing product safety, employment, contracts, intellectual property, credit, bankruptcy, and environmental control are some examples of business laws. Business legislation often includes penalties for breaching the law, such as fines from governmental bodies.

Managing personnel is a difficult task. For example, you must ensure that you offer the appropriate quantity of work to the proper number of employees at the right time and location. It's also important to track how many hours your staff work. It's also a good idea to give your team the award at the end of the day. It is also vital to remember that your staff may be dissatisfied with their jobs. As a result, the proper incentive may go a long way.

It is also vital to note that there is a small line between your best and worst staff. Maintaining an open line of communication between the two of you is the best approach to minimize this.

In addition to observing the law, businesses must follow various norms of behaviour. These codes may be ethical or regulatory. For example, a firm may produce its goods in nations with liberal labour rules.