While tesla FSD continues to have issues... the competition continues to grow. Now Amazon and Google competing for your ride hailing dollars.
Don’t borrow judgement.
The reason why we spend hundreds of hours analyzing a business is to thoroughly understand it.
The purpose of the research is to build confidence in our assumptions.
The valuation then dictates what the return those assumptions will yield.
We are open to contradictory opinions, but we don’t blindly follow anyone—we only follow our research and our judgement.
It doesn’t make sense to go through this whole process to just “borrow” someone else’s "judgement.”
The AMA claims that part of their mission is “to confront public health crises”.
Yet their President ignored the current public health crisis caused by RFK Jr. so that he could do a photo op with him today.
He also thinks that the “vaccine issue” should be addressed politely.
Fuck that.