Comments by "Bo McGillacutty" (@Mrbfgray) on "CNBC"
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@darkwoodmovies I invested everything in my skills, work ethics, experience, saving every dime from mechanicing/welding at an underground mine, back to back double shifts for weeks straight, etc.
Since the toxic union culture diluted my efforts with a bunch of lazy slackers, I started my own biz at 20 to set my own terms.
Anyone in the USA can create their own job and command as much as you are actually worth. NO it's not easy, nothing good ever was, but anyone of near average health and intelligence can do it.
Today I'm financially independent, drive the car I WANT not need, own modest place outright, only work part time.
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Rational Thinker
Cramer has consistently praised the product, the CARS, he has both praised and made fun of Elon as he does here, EM is both worthy and deserving of it. I bet Musk would greet Jim with a smile, high achievers like Elon Musk are not normally petty simpletons. Jim has been consistent in advice to "Buy the car if you like the car, don't buy the stock. But don't short it either." GOOD ADVICE because unless you are a pro trader/investor, it's just too hard to figure out and too risky to recommend. Cramer has also driven the Model S of course, and had nothing but good to say about it.
A yr. later--I am again considering a small long position in TSLA, could be a wipe out or a home run. If YOU have a strong opinion then put your money on it, talk is cheap, go long or short TSLA. I would tell a friend to buy GOOG, AMZN, CRM, ADBE, FB, MSFT, NVDA, or others instead of TSLA. One of my nephews is a Elon fanboy (I am too!) so I may buy him a tiny bit of TSLA. :D Loving the product, the car, and/or the CEO, does NOT mean you love the stock
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@caseydorn3309 Dude! Quit projecting on me. I'm one of the happiest folks you'd ever meet. I will do most anything to assist an individual struggling to succeed, to prosper and achieve any worthy goal, nothing unique it's human nature to help. If there is a selfish side to it, it's that I gain a little when others gain a lot. I love to see success around me and I DO!
But when I'm told "equality = justice" in the context of wealth, I'm going to push back. Equality under the LAW absolutely. Income tax within limits, fine. Yes we all rely on public infrastructure, justice system, etc.
But when I'm hearing "you have too much we will confiscate most of it", something to that effect--damn right I'm going to react harshly. Wealth is created by people before it can be extracted from them and we better not forget it or there won't be much for anyone or anything. Forced economic equality = poverty for all, you can't force someone to create a Tesla company, you can't even force them to do a good job tending a farm field without terrorizing and beating them constantly.
Some degree of 'socialism' is necessary but when it becomes: "From each his ability TO each his need."....the definition of Communism, forced "equality", you have created hell on Earth. It may sound good on the surface to those who haven't thought it through but humanity is far too good for it. The best and brightest will become examples of mediocrity, you won't even know they are out there.
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@erikeggenbakstad Our health care system is a sad joke, not all of it but results/$ overall. It's broken. We had more socialistic medical system before the 1960's or '70's ish. (pardon my lack detailed understanding) but it seemed to work well.
Always a doctor would treat a patient without regard for ability to pay going back to the 1st legit docs in the 19th century. It's human nature.
I'm a hard core free enterprise, individual freedom, as far as is practicle, proponent (I don't want the right to a granade launcher or to dump nuclear waste on "MY" land), it's always a matter of degree.
Free markets are absolutely indispensable, NO Tesla spear heading low carbon transportation without it.
Obviously... private police, military, courts, etc., don't work, toss in prisons and maybe healthcare. As clumsy and inefficient as government appendages automatically are--we can't live without them.
USA like all nations has a lot of work to do. Still a ton going for it, just ask Elon. :D
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@shrenp.1313 What IS the root of money? It's providing goods and services to humanity, generally essential to existence, otherwise enhancing health and happiness. Profit means producing more value than the required inputs to those ends, not only GOOD but essential.
Externalities, the environment in particular, are not well considered by the market place alone unless the consumers demand it as they sometimes but not always do. That's why the necessary evil of government, as lousy as they inherently are, the ultimate monopolies, must play a crucial roll.
It's YOUR direct decision in a relatively free market, to decide the trade offs, to be responsible for the broader consequences of your choices and consumption.
Would you go to work for no profit? Would you consider it "good" to spend as much to do your job as the job paid you? Get over your indoctrination and think for yourself as hard as it is.
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