Tag Archive: George Patton


The national Twitter Bull-in-a-China-shop champion may not be the one you suspect.

Would you allow Elon Musk to baby-sit your retirement nest egg?

REUTERS/Rashid Umar Abbasi

Consider the following:

In the last three months, Tesla common shares (NASDAQ: TSLA) are down $69.59 or 19.74 percent.

Tesla confirmed today the Department of Justice (DOJ) is launching a criminal probe into les affaires at Tesla.

Earlier, the Securities Exchange Commission (SEC) announced its own civil investigation following Tesla founder Elon Musk’s August 7 tweet, proclaiming “funding secured” for taking Tesla private. Is Musk guilty of selective disclosure of material information (e.g., “Funding secured) in violation of SEC Reg FD (Fair Disclosure)?

There was also the inexplicable video of Musk smoking dope on television.

Why Elon, why?

Musk charged not once but twice that one of the heroes, saving the Thailand boys’ soccer team from a flooded cave, is a “Pedo guy.”

Nomura Securities downgraded TSLA from “buy” to “neutral,” reducing the company’s price target from $400 to $300, concluding that Tesla shares are “no longer investable.”

“Notwithstanding improving fundamentals, we believe that Tesla is in need of better leadership, an about face, and are moving to the sidelines until we see what happens with management. “ – Nomura Securities analyst Romit Shah

Does Elon Need His Own Mad Dog Mattis?

The best-and-brightest public relations counselors in the world can do absolutely nothing with Elon, if and until he is willing to ponder sage advice for even a nanosecond.

Tesla co-founder and CEO Elon Musk takes a drag from a cigarette laced with
marijuana in this screenshot from the Joe Rogan Experience podcast on
Thursday, Sept. 6, 2018.

Some have suggested shaking up the Tesla Board of Directors to include strong-willed  independent hombres and mujeres willing to practice tough love with Elon (e.g., no public smoking marijuana for whatever reason).

Elon ‘Musk’s brother and board member, Kimbal, is not a candidate for his job. Did you see his CNBC interview this week from the floor of the venerable NYSE wearing a cowboy hat?

Why Kimbal, why?

Besides trying to run both publicly traded Tesla (EVs/solar) and privately held SpaceX (rockets) at the same time and thus needing more sleep, maybe the biggest issue is way too many sycophants kissing Elon’s derriere for way too long.

Remember the gushing CBS 60 Minutes Scott Pelley interview of Elon back in 2014? Musk was hailed at the time as the second coming of … Steve Jobs including  Almost DailyBrett. Your author repeatedly bought and sold Tesla shares for a nice profit, except the last time, selling for a modest loss.

The CNBC pundits were asking out loud circa 2014 whether Tesla was 1.) An electric vehicle company, 2.) an energy company or 3.) Elon Musk’s company?

The issue now is what would happen if a stronger, independent Board of Directors took the helm at Tesla? Would they have the cojones to fire Elon Musk? Would that stunning action be the 21st Century equivalent of John Sculley firing Steve Jobs at Apple? How did that move play out?

Most of all, what would happen to Tesla’s stock? The shorts have already gone crazy; they presumably would have a field day.

Maybe what Elon needs is his own version of a chief operating officer Mad Dog Mattis or some other chain-of-command George S. Patton type to knock off the nonsense?

Until there is some sense of consistent operating discipline (see Tim Cook’s management of Apple following the 2011 passing of Steve Jobs), the shorts will continue to bet against Tesla and its common shares.

Anybody want to “short” Apple? Didn’t think so.

Most of all, Elon Musk should be precluded from even going near Twitter. These 280 characters can lead to a heap of trouble, including twin probes by the DOJ and the SEC.

Audi today unveiled its $75,000 luxury EV SUV. There is considerable competition because electric cars are not going away.

Static photo,
Colour: electric green

Tesla still maintains considerable advantages: Market leadership, pure-play, first mover, visionary company.

Even with its present cash burn and convertible notes coming due next March, Tesla can more than survive and continue to drive technology leadership.

All Tesla needs is for a Mad Dog to put a discipline leash on one, Elon Musk.

https://www.forbes.com/sites/jimcollins/2018/09/05/elon-musks-increasingly-erratic-behavior-comes-at-a-price-for-tesla-shareholders/#1058c7323944

https://www.mercurynews.com/2018/09/11/elon-musks-erratic-behavior-continues-to-rattle-wall-street/

https://www.cnbc.com/2018/09/18/tesla-stock-drops-after-company-reportedly-to-face-us-criminal-probe-over-musk-statements.html

https://www.nytimes.com/2018/08/13/business/dealbook/tesla-elon-musk-saudi-arabia.html

https://almostdailybrett.wordpress.com/2014/04/02/only-in-america/

https://almostdailybrett.wordpress.com/2014/07/18/donate-to-united-way-or-invest-in-tesla/

https://www.cnbc.com/video/2018/09/17/kimbal-musk-says-his-brother-elon-is-doing-great.html

 

“[If] you have, as performers will call it, ‘f–k you’ money, all that means is that I don’t have to do what I don’t want to do.” – Johnny Carson 

The original American dream consists of the spouse, the kidlets, the house in the burbs, the dog and the cat.

And to some extent, that long-standing vision of success still rocks on.

Even though many are still grousing in this summer of discontent, what CNBC calls the “Trump Rally” continues. Since the November 8 election, the NYSE is up 13.4 percent and it has increased 6.8 percent from Trump’s inauguration in January to July 7.

More than half of all Americans are making money in this bull market. These participants comprise the Investor Class, those who buy individual stocks, mutual funds and manage 401(k) portfolios and IRAs.

The unemployment rate is down to 4.4 percent; there is a labor shortage. That means wages are slowly rising, and there are more discretionary dollars to invest.

At the same time, there is no conceivable doubt that many are destitute, enduring desultory lives, living from one-paycheck to the next just to make ends meet. These ignored Americans made their presence known in a big way last fall.

And yet there are more than just a few, who have earned their F-U Money. They are not privileged. They worked. They saved. They invested. Thank (f..k) you very much.

As John Goodman said in The Gambler, own your house, have a “couple of bucks” in the bank, don’t drink … and you have your “Fortress of Solitude.”

To Almost DailyBrett, F-U Money equates to the freedom to do what you want to do, not what someone else tells you to do.

It is more than having the means to tell some irritating superior to go out and have passionate carnal knowledge with himself/herself, but having the confidence to back up the explicative.

Your author has never been a proponent of burning bridges, no matter how good it may feel at the moment. As George C. Patton recited: “All glory is fleeting.”

There is a responsibility that comes with F-U Money.

Are you prepared for your bluff to be called? Are you really serious, because your employer may happily accept your resignation. And then what?

Retirement? Decades at home? How many trips to the overpriced, upscale coffee shop can you make before it gets old?

Keep Overhead to a Minimum

Almost DailyBrett has always asked his classes: “What are the most vital public relations of all?” The answer: Your personal brand and reputation.

In your last act as a working stiff, do you want to be remembered for using the ultimate explicative with your employer? Who wants to hire you, if later you cool off and come to the conclusion that you made a mistake?

Are you certain this temporary euphoria will not stick to you like Velcro or an insensitive tweet, when we all know that digital is eternal?

Let’s say you gave your boss the final (middle) finger, when you know — or at least you believe — you have more than adequate F-U Money. Okay, now what?

Money Magazine suggested that one must calmly calculate what amount each year + inflation will be enough to ensure a moderately comfortable life. Next, figure out how many more years you can reasonably expect to be on this planet.

Finally, how much F-U Money do you really have? Is it enough to ensure your money doesn’t run out before you run out?

One suggestion that Almost DailyBrett will make for the F-U Money crowd is to own your residence outright: No mortgage, no monthly rent. Another point is to maintain fiscal discipline and to avoid recurring payments if you can (e.g., car payments, credit card bills, furniture purchases, orange doors to store your “stuff.”) and most of all, keep your overhead to a minimum.

Can you keep driving your same car, making periodic upkeep payments? If you can, you may be able to enjoy exotic trips every now and then.

You Decide When Enough Is Enough

One major advantage of F-U Money is you have the freedom of deciding when enough-is-enough as opposed to your employer selecting the time and place to put you out to pasture. There is an eternal satisfaction that comes from leaving on your own terms, not when someone who doesn’t necessarily have your best interest at heart determines when to put a fork in you, because you’re done in their eyes.

How many people do you know, who are surprised when they are cashiered after 15, 17, 20, 30 years on the job? What these poor souls see as eternal loyalty, maybe a few in younger management may regard as stagnation.

Maybe the best solution involves sweetly telling a superior that it’s time, perhaps it is past time for you to leave. You didn’t burn any bridges. You determined when it was time to depart on your own terms at time of your choosing. You’re not bitter. Best of all, you are leaving to do what you want to do – all because you have an F-U Account.

WTF!

http://time.com/money/4187538/f-u-money-defined-how-much-calculator/

https://www.youtube.com/watch?v=xdfeXqHFmPI

http://www.urbandictionary.com/define.php?term=fuck%20you%20money

https://www.quora.com/What-is-fuck-you-money

https://www.washingtonpost.com/news/powerpost/paloma/daily-202/2017/07/13/daily-202-trump-is-the-disrupter-in-chief-in-an-age-of-disruption/5966a386e9b69b7071abcb23/?wpmm=1&wpisrc=nl_daily202

 

 

 

 

 

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