Silicon is the New Oil

Wait, so they have companies that compete with Blue Origin and SpaceX? Richard Branson is British and Virgin Galactic is a US company. Oh, they do have Airbus which is how many decades old plane technology. Even Airbus uses jet engines from an American company. Yeah, Europe is really leading the world there. The only way someone can think Europe is superior to the US is if they’ve never lived in Europe.

you have fundamental misunderstanding. without Europe Engineering power and investments current US will not be able to compete with Argentina and Brazil.
They can make much more advanced firms if it make sense for there social democracy.
you can see there response to pandemic. They are bringing everything in house for semiconductors that despite EU is a trade surplus continent. Average European will be much better educated and more skill full to actually build things.
what ever you fly and physically touch that is modern in this world cannot exist without Europe.
Just look at Dassualt CATIA and Siemens PLM software that Boeing and Lockheed use it.
than count all the modern CNC machines. than look at inside of all the world modern engines. They have parts from Snecma/MTU/RR/Turbomeca/Avio

So when are you moving to Europe to work for one of those amazing, tech leading companies?

Are you fucking high? You seriously are the dumbest person on this forum. Does anyone believe anything you say?

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do you think person make money in EU with BS skills. where competing against strong regulatory environment with top real engineering skills.

So you have no useful skills? I guess that explains a lot about your viewpoints.

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I assure you most of SF bayarea will be in same situation based on skill and language. you can start big but after a year or so local talent and management will push you around as they will discover.

Clearly, You do not understand what EU is doing and what is US is offering, and why time & again people like to come to USA.

Here, if talented sky is the limit !

The people who came to US could not help when Elon Musk was in production hell. who rescued Musk?
Just look around carefully Its European way of education that is gaining primacy.

So why don’t you live in Europe?

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After coming to USA, Elon musk made his way to No 2 position. He came from normal startup owner of PayPal to 100B+ by now. He even surpassed Warren Buffet, Mark Z…etc in short period of time. He is masterminded his factory 15 years before, but no one believed until recently.

Musk made many SFBA employees millionaires.
Doordash made many SFBA employees millionaires.
AirBNB made many SFBA employees millionaires.
Snowflake made many SFBA employees millionaires.

Any startup in silicon valley is valued agreesively…

Sky is the limit for SFBA. You will never understand this in your life !

@Jil

So? These guys didn’t make me millionaire!

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Here is the true story.

During 2006-2008, my finance friend suggested me “Take mortgage, never bother about big liability, that is the only way to grow”.
I trusted his statements, took many big mortgages, made my way.
The person who suggested me did not trust his own words, still renting…permanently priced out.

Same way, when Jil suggested, WQJ Believed Elon Musk will him millions, bought the shares where as I did not trust my own judgement.

Neither you nor I followed WQJ, what to do? Priced out is common !!

I have no money to buy :slight_smile: but you have :face_with_hand_over_mouth: False equivalence.

Do not say that, you had money playing with calls/puts etc, but did not like to buy TSLA as no one has confidence to buy even when WQJ showed 1000 shares at $275 !

You did not have the confidence to buy TSLA shares like the way you did AAPL in 1998.
Not blaming you, but it is very common investor mistake (including me)

I missed the boat by trading the stocks. I even bought around $195 when it dipped from $275. I made a blunder by trading TSLA.

Now, my trading is limited to QQQ, SPY and their derivatives only, leaving 20%-30% on Buy & Hold.

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Don’t have that much cash :wink: Tied up with AAPLs and rentals. I also made a remark at that time - pretty sure you didn’t take note.

I spent way less on AAPL. You didn’t pay attention to the basis.

I remember you were asking us whether to sell AAPL and buy TSLA for which we said “Buy with extra cash, not to sell AAPL”.

Anyway, it took AAPL 1998 to 2021 to become 2.08T company, but see TSLA rate, it took 10.5 years to become 578B company and it is long way to go.

Have you got any BNTX today? FDA approve it for emergency use !

Hard to believe I have said. If I did, have to be teasing you guys/ checking what you guys think. I don’t sell AAPLs :slight_smile:

Regardless no cash then :rofl:

Btw, TSLA might be ripe for a big fall.

Also, from the time I stopped watching TV serials to now, TSLA didn’t perform better than MU. Remember relevant context :stuck_out_tongue:

Make a day/ multi-day trade :pray: addicted :slight_smile:

Screen Shot 2020-12-14 at 1.56.27 PM

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Btw, NVDA poises to hit $600 - guessing, do your own DD.

Screen Shot 2020-12-14 at 2.00.36 PM

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Surge in price during AH. Clueless.

https://www.investors.com/news/technology/nvidia-stock-among-top-picks-semiconductor-stocks-2021/?src=A00220

“Despite another year of outperformance in 2020, we think the (semiconductor) cycle is just getting started,” Evercore ISI analyst C.J. Muse said in a note to clients. Muse forecasts an uptrend of six to eight quarters.

Good to know :money_mouth_face:

In his “2021 Annual Outlook” report, Muse selected four chipmakers and three equipment suppliers as top picks in the sector. They include chipmakers Nvidia (NVDA), Analog Devices (ADI), Micron Technology (MU) and Qualcomm (QCOM). Among chip-gear makers, he likes ASML (ASML), Applied Materials (AMAT) and Teradyne (TER).

Have open position in MU and NVDA. Not enough fund to acquire all these good semi stocks. Focus :slight_smile: Why no AMD and TSM? @manch Care to explain?