Posted on 08/03/2018 8:04:09 AM PDT by Moonman62
“No, the research shows that over the long run, passive investing massively outperforms active investing. “
Warren would disagree.
Yes, one person that has more inside information than the next 100k people combined about industries and companies, is the rule, not the endless research showing even professionals that make billions of dollars investing end up later significantly underperforming and end up underperforming the market. Berkshire is the exception, not the rule.
"Consistently buy an S&P 500 low-cost index fund," he told CNBC's On The Money. "I think it's the thing that makes the most sense practically all of the time."
“SolarCity’s last 10K had a negative $0.5 billion loss from cash from operations. It’s positive overall cash was from raising capital (aka debt). Methinks you do not understand how to read a 10-K or 10-Q. “
ROTFLMAO.
Please link the 2018 2nd quarter 10-k and 10-q.
Yes for the average Joe and to avoid high management fees.
TSLA's Q1 10Q is here
SolarCity's last 10K's cash flow statement is available here
“SolarCity’s last 10K’s cash flow statement is available here”
LOL. That is for 2016!
“On page 6, on the six months ending June 30, 2018, you can clearly see Net loss of (1,427,090) to common shareholders.”
DUDE, that is Tesla, not SolarCity.
Of course, dummy, they were acquired by TSLA and now have their results are part of TSLA’s reported results.
Are you referring to where Musk says that Tesla is achieving profitability?
Dude SolarCity NO LONGER REPORTS since they were acquired by TSLA. TSLA’s financial statements now include TSLA and SolarCity.
He can say whatever he wants, YTD TSLA has lost $1.4b billion, as per their press release on Wednesday that I just linked you.
“Of course, dummy, they were acquired by TSLA and now have their results are part of TSLA’s reported results.”
LOL! You were the one that said the SolarCity 10-q and 10-k showed a negative cash flow!
That was why I was ROTFLMAO!
“He can say whatever he wants, “
Not in the financial reports.
I said their last 10k, which I linked to you, said negative cash flow, after you said SolarCity was positive cash flow, which based on the latest available information says they were very negative cash flow.
The recent TSLA Net income #s was to show that, no the company is not profitable and is losing billions.
Nope, not in the financial reports, which is why it clearly shows -$1.4B loss YTD for 2018.
“YTD TSLA has lost $1.4b billion”
Intersting. That was also their loss through June 30. That means in July they broke even!
LMAO - no it means they haven’t reported Q3 results yet, which include July, and won’t until the end of October or early November. It’s obvious you have zero clue what you are talking about. Peace.
Dude, what I did not say was:
‘SolarCity was cash-flow positive in 2016.’
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