it's not hate, it's an investing philosophy. he likes profits, and elon scares him with his insurance company talk. warren makes a lot of money off the gecko, et al.
Oh gotcha. You were just pointing out difference, my bad. Then yes, I agree. 2 guys that are completely different in so many different ways.
i would be more impressed with buffet if he threw some of his billions at tesla, or some other world improving tech. does he even believe in climate change? i know he's giving all his money away after he dies, so am i
Not that this guarantees it, but I know he's a hardcore democrat. Most understand the climate change threat. He also owns a bunch of big travel/gas stations, so that definitely is an enemy of Tesla's.
a little google tells me your right, but he doesn't make any investments based on his personal beliefs, only based on potential profitability. he does own a huge amount of wind energy, as well as coal, presumably because he believes they will do well. so he's not likely to throw any money at tesla, or any other company that is out do change the world, unless he believes in its profit potential.
You gotta focus on the Tesla bonds whcih are losing value and Telsa is having to pay 10% for money, that's a big cost of borrowing if it keeps up. But Tesla could easily geta White Knight savior, so who knows?
Will just leave this here: btw...this is actually an investor who knows what he's doing, and a billionaire to boot (from his investments)
Losing half-a-bill $ is just what's found in the couch cushions of these guys. Oracle founder Larry Ellison got crushed on Tesla investment this year
I've studied Warren quite a bit over the years and have even went to quite a few shareholder meetings. He is extremely unlikely to invest in Tesla for a wide variety of reasons.
agreed. it's unfortunate that more ultra wealthy types like ellison don't support people and companies trying to make the world a better place
nothing wrong with risk. Example, during the mid 1800's, there was a potato famine in Ireland. It was risky but many immigrated to the USA. At that time - Irish were the primary immigrants to the United States. They were THE Adventurous ones, understanding the value if risk-taking over the consequences of doing nithing. Others? They stayed behind & suffered through it. About one million died. But of course that was then. Now we consider it suffering if someone says something disparaging against a 3rd party that we happen to overhere .... or - we consider ourselves risky by cutting HBO off of our cable bill. Yea - aren't we Rough and Tumble nowadays. .
