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chun1995

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- chun1995chun1995
  ·2022-09-11
  Likr pls
  Is Crypto Dead After 2022 Market Crash?
  Is crypto dead? Investors want to know as prices struggle to regain their footing after the big cras
  Is Crypto Dead After 2022 Market Crash?
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- chun1995chun1995
  ·2022-09-11
  Hi
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- chun1995chun1995
  ·2022-09-11
  Hi
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- chun1995chun1995
  ·2022-09-11
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- chun1995chun1995
  ·2022-09-11
  Ok
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- chun1995chun1995
  ·2022-09-10
  Ok
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- chun1995chun1995
  ·2022-09-10
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- chun1995chun1995
  ·2022-09-10
  Hi
  2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
  There are some excellent businesses in Berkshire Hathaway's stock portfolio, but others should be approached with caution.
  2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
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- chun1995chun1995
  ·2022-09-10
  Hi
  Tesla Just Took A Stress Test And Passed It
  SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.Howev
  Tesla Just Took A Stress Test And Passed It
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- chun1995chun1995
  ·2022-09-10
  Nice
  Is Crypto Dead After 2022 Market Crash?
  Is crypto dead? Investors want to know as prices struggle to regain their footing after the big cras
  Is Crypto Dead After 2022 Market Crash?
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Investors want to know as prices struggle to regain their footing after the big cras","content":"<div>\n<p>Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will ...</p>\n\n<a href=\"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/\">Web Link</a>\n\n</div>\n","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Crypto Dead After 2022 Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Crypto Dead After 2022 Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will ...</p>\n\n<a href=\"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266879811","content_text":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will not likely return to its 2021 peak, but that doesn't mean the asset class is doomed.This year’s crypto market crash was the worst in the short history of the asset class. That much is true, simply given how many more people were affected in the wake of it as opposed to previous crypto crashes. But is crypto dead as a result? The answer is a bit loaded. What is certain, though, is that a fundamental change will be occurring in the crypto market for years to come.The past two years have been great for crypto’s exposure to the mainstream. At this point, everybody and their mother has at least heard of Bitcoin (BTC-USD). Last fall, countless guides cropped up in response to this, telling people how to navigate crypto questions from family members over the holidays. Celebrities started flocking to non-fungible tokens (NFTs) through Bored Ape Yacht Club as well.Throughout 2021, the market capitalization of crypto ebbed and flowed. However, investors can see exactly the point when crypto hit the mainstream via Dogecoin‘s (DOGE-USD) bull run early that year. At that point, the global crypto market cap shattered through the $1 trillion mark. It then proceeded to climb north of $2 trillion by the end of 2021, aided by BTC’s $67,000 all-time high, the booming success of play-to-earn blockchain games, the foray of NFTs into mainstream art and the speculative wonders of pupcoins like Doge and Shiba Inu (SHIB-USD).Indeed, crypto seemed like an unstoppable force not too long ago. But there’s a major fault line in the industry which was oft overlooked as the asset class continued to make investors rich. Crypto was simply not made to exist like it did during the 2021 gravy train.Crypto: Made for Transactions, Not GainsWhen Satoshi Nakamoto introduced Bitcoin to the world in 2008, the pseudonymous programmer likely didn’t envision anything like we saw at the height of the crypto bull market. BTC priced in at well over $67,000 apiece and the “hodl” philosophy — buy the dip and never sell — took over. Now, Bitcoin whales collectively own nearly 46% of the coin’s total supply.This is just not what Bitcoin was meant to be, however. Sure, the price of BTC was expected to go up some, but that was originally only expected to be through the growth of its practical use cases. At its core, BTC was designed as a mode of transaction for the unbanked. Bitcoin is an alternative to fiat, allowing users to operate outside of the control of central banks.Of course, Bitcoin’s not the only crypto like this. Although made as a joke, Dogecoin operates to the same exact ends. Privacy coins like Monero (XMR-USD) and Zcash (ZEC-USD) do the same thing as well, with the added goal of making these transactions completely anonymous.Ethereum (ETH-USD), the second-largest currency which saw its own price renaissance last year, operates on a different motive. However, ETH is not hell-bent on gains either. Vitalik Buterin and the seven other Ethereum cofounders launched the project with the intention of making a blockchain with a built-in programming language. This created an ecosystem of decentralized apps (dapps) which could be immutable and better-performing in contrast to the World Wide Web we know today.Projects Continue to Innovate After Market CrashContinuing down the list of top cryptos, investors will notice each project was built with a grand vision in mind — ones that never explicitly involve going up in price. Layer-1 projects like Cardano (ADA-USD), Solana (SOL-USD) and Polkadot (DOT-USD) are competitors to Ethereum, sharing the project’s dapp vision. Meanwhile, Tether (USDT-USD), Binance USD (BUSD-USD) and USD Coin (USDC-USD) can’t gain as stablecoins. The list goes on.So, is crypto dead in the wake of this recent crash? No, not from an innovation perspective.These projects aren’t phased by market volatility, because at the end of the day, they focus on grander visions. The trap investors get caught in when moving from stocks to crypto is believing that crypto developers care about coin prices the same way traditional companies concern themselves with shareholders and stock prices. This isn’t the case. In fact, it’s quite common for projects to forbid talking about price speculation on official channels.Developers haven’t ceased innovating since the crypto crash. Investors are still seeing some massive rollouts and upgrades. Ethereum is on the verge of its biggest upgrade ever and Cardano is soon to follow with its own hard fork. Ripple (XRP-USD) is also working closely with banks on implementing a new worldwide banking communications standard.Is Crypto Dead? To a Certain Demographic, Yes.The question “Is crypto dead?” comes down to simple framing. Are you an investor looking to 10x your investment on some speculative token with no practical use cases? Are you buying an art NFT and banking on some celebrity to pick up their own from the same collection? If so, the answer to the “dead” question is probably yes.The market crash is sending crypto into capitulation and the chances we see something like 2021 happening again are not very high. Put simply, the industry had caught lightning in a jar. Prices were already on the rise, more investors than ever were participating in the market, the pandemic had created extremely favorable macroeconomic conditions and — most importantly — there were no regulations.Nearly every country is regulating crypto now, especially the United States. The U.S. Securities & Exchange Commission is massively clamping down on projects, particularly in the wake of the crash. Moving forward, investigations and legal challenges could hamper even the most innovative projects in the space. There’s not much room, then, for the more speculative plays to crop up and immediately soar like before.Crypto investing isn’t completely dead. But it is certainly much less favorable to those only interested in speculative investing and the potential for massive gains. The recent crash brought an end to yet another speculative asset bubble; first there was the Dotcom bubble, then the housing bubble and now here we are. Obviously, web stocks didn’t disappear entirely, nor did housing. But they haven’t looked anything like they did at their peak hype. Neither will crypto.","news_type":1,"symbols_score_info":{"COIN":0.9,"XBTmain":0.9,"BTCmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2057,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932146512,"gmtCreate":1662905369036,"gmtModify":1676537160657,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932146512","repostId":"2266319333","repostType":4,"isVote":1,"tweetType":1,"viewCount":1823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932146128,"gmtCreate":1662905355965,"gmtModify":1676537160642,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9932146128","repostId":"2266965998","repostType":4,"isVote":1,"tweetType":1,"viewCount":3251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932146012,"gmtCreate":1662905319837,"gmtModify":1676537160635,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932146012","repostId":"2266398293","repostType":4,"isVote":1,"tweetType":1,"viewCount":2564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932148564,"gmtCreate":1662905296858,"gmtModify":1676537160626,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932148564","repostId":"2266817381","repostType":4,"isVote":1,"tweetType":1,"viewCount":1357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936464036,"gmtCreate":1662806732825,"gmtModify":1676537144407,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936464036","repostId":"1153231275","repostType":4,"isVote":1,"tweetType":1,"viewCount":1749,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936465215,"gmtCreate":1662806676237,"gmtModify":1676537144396,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936465215","repostId":"1178809104","repostType":4,"isVote":1,"tweetType":1,"viewCount":1690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936465695,"gmtCreate":1662806659617,"gmtModify":1676537144392,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936465695","repostId":"2265863151","repostType":4,"repost":{"id":"2265863151","kind":"highlight","pubTimestamp":1662736820,"share":"https://ttm.financial/m/news/2265863151?lang=&edition=fundamental","pubTime":"2022-09-09 23:20","market":"us","language":"en","title":"2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid","url":"https://stock-news.laohu8.com/highlight/detail?id=2265863151","media":"Motley Fool","summary":"There are some excellent businesses in Berkshire Hathaway's stock portfolio, but others should be approached with caution.","content":"<div>\n<p>Berkshire Hathaway has a massive stock portfolio with dozen of companies worth well over $300 billion, and many of its positions were selected by CEO Warren Buffett himself.For the most part, Buffett ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/08/2-warren-buffett-stocks-to-buy-hand-over-fist-and/\">Web Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/08/2-warren-buffett-stocks-to-buy-hand-over-fist-and/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway has a massive stock portfolio with dozen of companies worth well over $300 billion, and many of its positions were selected by CEO Warren Buffett himself.For the most part, Buffett ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/08/2-warren-buffett-stocks-to-buy-hand-over-fist-and/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STNE":"StoneCo","MKL":"Markel Corp","BAC":"美国银行"},"source_url":"https://www.fool.com/investing/2022/09/08/2-warren-buffett-stocks-to-buy-hand-over-fist-and/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265863151","content_text":"Berkshire Hathaway has a massive stock portfolio with dozen of companies worth well over $300 billion, and many of its positions were selected by CEO Warren Buffett himself.For the most part, Buffett and his investment managers are known for buying the stocks of tried-and-true businesses that are well established and stable but still have long-term growth potential. But that's not always the case, and not every \"Buffett stock\" is worth buying now. Here are two in particular that look like attractive long-term investments after the recent market decline and one growth stock in Berkshire's portfolio that you might want to think twice about.1. This Buffett bank stock could be a big winner in the rising-rate environmentBank of America is the second-largest stock position in Berkshire's portfolio. As of the latest information, Berkshire owned just over a billion shares of the megabank, which translates to an ownership stake of about 13%.The bank stock is down by about 35% from its recent high, mainly due to recession fears. In recessions, banks often see an uptick in loan defaults as well as a slowdown in consumer demand for borrowing. However, Bank of America is also well positioned to benefit from the current environment. As the Federal Reserve raises rates, it is likely to result in billions in additional net interest income for Bank of America. The bank has a massive base of low-cost and non-interest-bearing deposits, and rate hikes have a big impact on the bottom line.We've already started to see this in the bank's second-quarter results, and management estimates that a 100-basis-point (one percentage point) shift in the yield curve would produce an additional $5 billion in net interest income annually, which could certainly help offset any negative impact of an economic slowdown.2. A mini-Berkshire that has one big advantage over BuffettMarkel is often referred to as \"baby Berkshire,\" and it's easy to see why. An insurance company at heart, Markel also invests its float in a portfolio of stocks, as well as in private businesses, through its Markel Ventures division. So it wasn't too surprising to see Berkshire add Markel to its stock portfolio this year.It's important to note that Markel not only has a similar business model to Berkshire Hathaway, but it actually has one key advantage over it -- its size. With a market cap of about $16 billion, Markel is less than 3% of Berkshire's size. This means that Markel can produce needle-moving returns from smaller investments (like its venture capital business) than Berkshire can. As a simplified example, if Berkshire invests $100 million in a stock that ends up producing 100x returns, it would only result in about a 2% increase in the company's market value. For Markel, such an investment would be game-changing.In short, Markel uses a time-tested business model and is comparable to an earlier-stage investment in Berkshire Hathaway itself.3. A high-potential fintech that faces some big headwindsA few years ago, Berkshire did something that it rarely does and invested in a high-growth business that had just made its public debut. While the investment wasn't made by Buffett himself, Berkshire added shares of Brazil-based fintech StoneCo.For a while, StoneCo was one of the best performers in Berkshire's portfolio, but the stock has been absolutely hammered in the recent downturn, with shares down by more than 90% from the highs. And while the business still has lots of potential, it's also become much riskier. The company reported a hefty net loss in the second quarter, compared with a profit a year ago, and growth has slowed down tremendously. Inflation is higher in StoneCo's market than it is in the United States, and a recession could cause a sharp decline in consumer spending. Plus, StoneCo's CFO recently decided to leave the company.To be sure, StoneCo could end up being a home run for patient investors. If recession fears subside, growth could rebound. The company is slowly rolling out its credit card business, which could be a massive revenue driver long term. But there's too much that can go wrong in the near term, so I'm staying on the sidelines.","news_type":1,"symbols_score_info":{"BAC":0.72,"STNE":0.9,"MKL":0.9}},"isVote":1,"tweetType":1,"viewCount":1545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936465882,"gmtCreate":1662806640347,"gmtModify":1676537144391,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936465882","repostId":"1121193410","repostType":4,"repost":{"id":"1121193410","kind":"news","pubTimestamp":1662736920,"share":"https://ttm.financial/m/news/1121193410?lang=&edition=fundamental","pubTime":"2022-09-09 23:22","market":"us","language":"en","title":"Tesla Just Took A Stress Test And Passed It","url":"https://stock-news.laohu8.com/highlight/detail?id=1121193410","media":"Seeking Alpha","summary":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.Howev","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The past two quarters represented a stress test for Tesla.</li><li>It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.</li><li>However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.</li><li>It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.</li><li>Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.</li></ul><p><b>Thesis and Background</b></p><p>Tesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.</p><p>At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.</p><p>Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.</p><p><b>TSLA’s stress test</b></p><p>The following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.</p><p>Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.</p><p>So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.</p><p><img src=\"https://static.tigerbbs.com/8e7881b443d2c420626b971f109ca311\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"/></p><p>Author based on Seeking Alpha data</p><p><b>TSLA’s fixed cost and variable cost</b></p><p>For a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from <i>A Modern Approach to Graham and Dodd Investing</i> by Thomas P. Au. As also explained in the book,</p><blockquote><i>Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.</i></blockquote><p><img src=\"https://static.tigerbbs.com/f5c669923352cb292c185f41f4ea4fd9\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/></p><p>A Modern Approach to Graham and Dodd Investing by Thomas P. Au</p><p>The next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.</p><p>You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).</p><p>Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.</p><p><img src=\"https://static.tigerbbs.com/5520e0e03cd80a27fd4c847f92439068\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>TSLA Stock’s profit and return projections</b></p><p>This next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.</p><p>Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.</p><p>As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.</p><p>For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.</p><p><img src=\"https://static.tigerbbs.com/98d10ac6399c754be5f519058eac954f\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Author: TSLA’s profit and return projections</p><p><img src=\"https://static.tigerbbs.com/fcc4fe07e1d74f5be8ebf212d915aeb0\" tg-width=\"640\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Final thoughts and risks</b></p><p>To recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.</p><p>However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.</p><p><img src=\"https://static.tigerbbs.com/3880cc09103624085d81075fe424881e\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Just Took A Stress Test And Passed It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Just Took A Stress Test And Passed It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al....</p>\n\n<a href=\"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121193410","content_text":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.Thesis and BackgroundTesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.TSLA’s stress testThe following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.Author based on Seeking Alpha dataTSLA’s fixed cost and variable costFor a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from A Modern Approach to Graham and Dodd Investing by Thomas P. Au. As also explained in the book,Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.A Modern Approach to Graham and Dodd Investing by Thomas P. AuThe next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.AuthorTSLA Stock’s profit and return projectionsThis next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.Author: TSLA’s profit and return projectionsSeeking AlphaFinal thoughts and risksTo recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.Seeking Alpha","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936462564,"gmtCreate":1662806616559,"gmtModify":1676537144373,"author":{"id":"4125806929125602","authorId":"4125806929125602","name":"chun1995","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4125806929125602","authorIdStr":"4125806929125602"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936462564","repostId":"2266879811","repostType":4,"repost":{"id":"2266879811","kind":"highlight","pubTimestamp":1662769352,"share":"https://ttm.financial/m/news/2266879811?lang=&edition=fundamental","pubTime":"2022-09-10 08:22","market":"us","language":"en","title":"Is Crypto Dead After 2022 Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=2266879811","media":"InvestorPlace","summary":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big cras","content":"<div>\n<p>Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will ...</p>\n\n<a href=\"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/\">Web Link</a>\n\n</div>\n","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Crypto Dead After 2022 Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Crypto Dead After 2022 Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will ...</p>\n\n<a href=\"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/09/is-crypto-dead-after-2022-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266879811","content_text":"Is crypto dead? Investors want to know as prices struggle to regain their footing after the big crash.This is a loaded question depending on the type of crypto investor you are, however.Crypto will not likely return to its 2021 peak, but that doesn't mean the asset class is doomed.This year’s crypto market crash was the worst in the short history of the asset class. That much is true, simply given how many more people were affected in the wake of it as opposed to previous crypto crashes. But is crypto dead as a result? The answer is a bit loaded. What is certain, though, is that a fundamental change will be occurring in the crypto market for years to come.The past two years have been great for crypto’s exposure to the mainstream. At this point, everybody and their mother has at least heard of Bitcoin (BTC-USD). Last fall, countless guides cropped up in response to this, telling people how to navigate crypto questions from family members over the holidays. Celebrities started flocking to non-fungible tokens (NFTs) through Bored Ape Yacht Club as well.Throughout 2021, the market capitalization of crypto ebbed and flowed. However, investors can see exactly the point when crypto hit the mainstream via Dogecoin‘s (DOGE-USD) bull run early that year. At that point, the global crypto market cap shattered through the $1 trillion mark. It then proceeded to climb north of $2 trillion by the end of 2021, aided by BTC’s $67,000 all-time high, the booming success of play-to-earn blockchain games, the foray of NFTs into mainstream art and the speculative wonders of pupcoins like Doge and Shiba Inu (SHIB-USD).Indeed, crypto seemed like an unstoppable force not too long ago. But there’s a major fault line in the industry which was oft overlooked as the asset class continued to make investors rich. Crypto was simply not made to exist like it did during the 2021 gravy train.Crypto: Made for Transactions, Not GainsWhen Satoshi Nakamoto introduced Bitcoin to the world in 2008, the pseudonymous programmer likely didn’t envision anything like we saw at the height of the crypto bull market. BTC priced in at well over $67,000 apiece and the “hodl” philosophy — buy the dip and never sell — took over. Now, Bitcoin whales collectively own nearly 46% of the coin’s total supply.This is just not what Bitcoin was meant to be, however. Sure, the price of BTC was expected to go up some, but that was originally only expected to be through the growth of its practical use cases. At its core, BTC was designed as a mode of transaction for the unbanked. Bitcoin is an alternative to fiat, allowing users to operate outside of the control of central banks.Of course, Bitcoin’s not the only crypto like this. Although made as a joke, Dogecoin operates to the same exact ends. Privacy coins like Monero (XMR-USD) and Zcash (ZEC-USD) do the same thing as well, with the added goal of making these transactions completely anonymous.Ethereum (ETH-USD), the second-largest currency which saw its own price renaissance last year, operates on a different motive. However, ETH is not hell-bent on gains either. Vitalik Buterin and the seven other Ethereum cofounders launched the project with the intention of making a blockchain with a built-in programming language. This created an ecosystem of decentralized apps (dapps) which could be immutable and better-performing in contrast to the World Wide Web we know today.Projects Continue to Innovate After Market CrashContinuing down the list of top cryptos, investors will notice each project was built with a grand vision in mind — ones that never explicitly involve going up in price. Layer-1 projects like Cardano (ADA-USD), Solana (SOL-USD) and Polkadot (DOT-USD) are competitors to Ethereum, sharing the project’s dapp vision. Meanwhile, Tether (USDT-USD), Binance USD (BUSD-USD) and USD Coin (USDC-USD) can’t gain as stablecoins. The list goes on.So, is crypto dead in the wake of this recent crash? No, not from an innovation perspective.These projects aren’t phased by market volatility, because at the end of the day, they focus on grander visions. The trap investors get caught in when moving from stocks to crypto is believing that crypto developers care about coin prices the same way traditional companies concern themselves with shareholders and stock prices. This isn’t the case. In fact, it’s quite common for projects to forbid talking about price speculation on official channels.Developers haven’t ceased innovating since the crypto crash. Investors are still seeing some massive rollouts and upgrades. Ethereum is on the verge of its biggest upgrade ever and Cardano is soon to follow with its own hard fork. Ripple (XRP-USD) is also working closely with banks on implementing a new worldwide banking communications standard.Is Crypto Dead? To a Certain Demographic, Yes.The question “Is crypto dead?” comes down to simple framing. Are you an investor looking to 10x your investment on some speculative token with no practical use cases? Are you buying an art NFT and banking on some celebrity to pick up their own from the same collection? If so, the answer to the “dead” question is probably yes.The market crash is sending crypto into capitulation and the chances we see something like 2021 happening again are not very high. Put simply, the industry had caught lightning in a jar. Prices were already on the rise, more investors than ever were participating in the market, the pandemic had created extremely favorable macroeconomic conditions and — most importantly — there were no regulations.Nearly every country is regulating crypto now, especially the United States. The U.S. Securities & Exchange Commission is massively clamping down on projects, particularly in the wake of the crash. Moving forward, investigations and legal challenges could hamper even the most innovative projects in the space. There’s not much room, then, for the more speculative plays to crop up and immediately soar like before.Crypto investing isn’t completely dead. But it is certainly much less favorable to those only interested in speculative investing and the potential for massive gains. The recent crash brought an end to yet another speculative asset bubble; first there was the Dotcom bubble, then the housing bubble and now here we are. Obviously, web stocks didn’t disappear entirely, nor did housing. But they haven’t looked anything like they did at their peak hype. Neither will crypto.","news_type":1,"symbols_score_info":{"COIN":0.9,"XBTmain":0.9,"BTCmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}