Actually, "Ponzi scheme" is inaccurate - it's more of an accounting scam. Full disclosure: I have a short position on Tesla.
On Thu, Jul 25, 2019 at 1:23 PM Devon McCormick <[email protected]> wrote: > Funny you should mention Buffet when Berkshire Hathaway has lately been > under-performing the S&P 500: > https://www.fool.com/investing/2017/07/23/an-interesting-chart-about-berkshire-hathaway.aspx > . > > Musk is even funnier - he's basically running a Ponzi scheme with Tesla. > > On Thu, Jul 25, 2019 at 1:20 PM Raul Miller <[email protected]> wrote: > >> On Thu, Jul 25, 2019 at 1:16 PM Devon McCormick <[email protected]> >> wrote: >> > In the Wikipedia article on Bill Miller, it says "[his fund's] >> ...after-fee >> >> You've heard of Warren Buffett, though? >> >> Or, for that matter Elon Musk? >> >> Thanks, >> >> -- >> Raul >> ---------------------------------------------------------------------- >> For information about J forums see http://www.jsoftware.com/forums.htm >> > > > -- > > Devon McCormick, CFA > > Quantitative Consultant > > -- Devon McCormick, CFA Quantitative Consultant ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
