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Gary Black
@garyblack00
Managing Partner, The Future Fund LLC, SEC registered investment adviser. CEO/CIO/PM. linkedin.com/in/garydblack. Disclosure: bit.ly/3fQ8ojd
Chicago, IL
Joined August 2019
Posts
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    Some basic lessons for new investors to live by: 1/ Ignore the crowd. You make money by going against the consensus. 2/ Always pick stocks where you feel you have a research edge. 3/ You rarely go wrong investing in the company with the best product. 4/ Don’t listen to
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    Yeah, I voted for Trump but I never thought he’d be so foolish to actually move forward with 25% tariffs given the well-documented history of how the Smoot-Hawley Tariff Act of 1930 triggered the onset of the Great Depression as global trade flows dried up.
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    Most informative chart in the 1Q earnings deck: The day after the 2022 Super Bowl, $TSLA orders surged, which validates our long held view that competitors’ advertising their new EVs helps TSLA as EV market leader the most. @elonmusk @MartinViecha
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    Apparently, 49% of President Biden’s 22M $twtr followers are fake. ⁦@elonmusk
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    My 2 cents: The market voted today that the $TSLA brand has been negatively impacted by the Twitter drama. Where before EV buyers were proud to drive their Teslas to their friends or show off Teslas in their driveways, now the Twitter controversy is hurting Tesla’s brand equity.
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    Replying to @garyblack00
    Let me point out something obvious: If @elonmusk takes $TWTR private, the TWTR board members don’t have jobs any more, which pays them $250K-$300K per year for what is a nice part-time job. That could explain a lot.
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    $LCID missed 2Q badly, delivering just 679 vehicles and posting net revs of $97M vs $147M E. For FY’22, LCID now forecasting just 6-7K production vs 12-14K previous guidance. As @elonmusk says, production is hard. LCID -12% AH.
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    Probably the 4 most important charts from a fundamental standpoint that show $TSLA can grow volumes at 50%+ for the foreseeable future. @MartinViecha @elonmusk Source: EV-volumes.com
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    The $TWTR board’s interests aren’t waligned with TWTR shareholders. The board serves to represent shareholders. If they refuse to act in the best interest of SHs, they should be removed and replaced by new board members who understand their fiduciary obligations.
    Elon Musk is in for a bad time. I’m not sure he’s prepared to take on a couple PhDs, a few MBAs, and a Baroness who use Twitter once a year (to reset their passwords) and collectively own 77 shares of the company.
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    Financial Times Op-Ed piece: Tesla: After Netflix, the sober, reliable world of Elon Musk. @elonmusk $TSLA $TWTR
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    I don’t get the counter argument. If the founder and CEO of the company wants folks in the office at least 40 hours/week, leads by example, gives everyone stock, and $TSLA is growing at 50% per year, employees should follow the CEO’s directive, or work somewhere else. @elonmusk
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    Merry Christmas to the entire $TSLA Twitter community! Thank you for all of your support in 2021. See you all next week.