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Thread: Musk's statistical analysis appreciation thread. (Not Tesla related at all)

  1. #781

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    SEC charges Elon Musk with securities fraud, lawsuit is also expected.

    SEC seeks an order to bar Musk from serving as an officer of public company.

    https://www.cnbc.com/2018/09/27/tesl...ed-by-sec.html

    According to Musk, he calculated the $420 price per share based on a 20% premium over that day’s closing share price because he thought 20% was a “standard premium” in going-private transactions. This calculation resulted in a price of $419, and Musk stated that he rounded the price up to $420 because he had recently learned about the number’s significance in marijuana culture and thought his girlfriend “would find it funny, which admittedly is not a great reason to pick a price.”
    #disrupt

    Edit: Here's a text of the SEC filing.
    https://www.scribd.com/document/3896...mission-v-Musk

    Gonna frame it and hang it in my office.
    Last edited by Don Rumata; September 27 2018 at 08:54:02 PM.

  2. #782
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Don Rumata View Post
    SEC charges Elon Musk with securities fraud, lawsuit is also expected.

    SEC seeks an order to bar Musk from serving as an officer of public company.

    https://www.cnbc.com/2018/09/27/tesl...ed-by-sec.html

    Read filing here:
    https://sc.cnbcfm.com/applications/c.../musrkaurg.pdf

    TESLA stock fell 10% after hours.

    #disrupt
    That took you longer than I expected, Don. I'm disappoint.
    meh

  3. #783

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    Quote Originally Posted by erichkknaar View Post
    That took you longer than I expected, Don. I'm disappoint.
    Sorry, I was busy furiously masturbating over the SEC filing. At my age, it takes longer to finish.

  4. #784
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    And a future dies... Maybe in a generation or two someone new will attempt to sell the dream of space...

  5. #785
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    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Don Rumata View Post
    SEC charges Elon Musk with securities fraud, lawsuit is also expected.

    SEC seeks an order to bar Musk from serving as an officer of public company.

    https://www.cnbc.com/2018/09/27/tesl...ed-by-sec.html

    Read filing here:
    https://sc.cnbcfm.com/applications/c.../musrkaurg.pdf

    TESLA stock fell 10% after hours.

    #disrupt
    That took you longer than I expected, Don. I'm disappoint.
    Reading that SEC statement, I can only reach one conclusion: Musk was high AF
    Будь смиренным, будь кротким, не заботься о тленном
    Власти, данной Богом, сынок, будь навеки верным...
    Я люблю Росcию, я - патриот

  6. #786
    Lachesis VII's Avatar
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    Quote Originally Posted by dzajic View Post
    And a future dies... Maybe in a generation or two someone new will attempt to sell the dream of space...

  7. #787
    dzajic's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by dzajic View Post
    And a future dies... Maybe in a generation or two someone new will attempt to sell the dream of space...
    Has a antitrust process incoming that will destroy infinite money cheat that Blue Origin has. And after that any business Bezos is involved in will be equally tainted as SpaceX is going to become after this shitshow.

  8. #788
    Lachesis VII's Avatar
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    I mean there's no real reason SpaceX should be affected here.

    You don't think Elon is actually responsible for their success, do you?

  9. #789
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    I mean there's no real reason SpaceX should be affected here.

    You don't think Elon is actually responsible for their success, do you?
    He very much helped SpaceX secure funding and early business. He very much doesn't need to be involved now.
    meh

  10. #790
    Lachesis VII's Avatar
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    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:

  11. #791
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:
    Sure, but you'd be kind of fucked trying to get to space without it.
    meh

  12. #792
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    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:
    Sure, but you'd be kind of fucked trying to get to space without it.
    TIL capitalists got to space first.

  13. #793
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:
    Sure, but you'd be kind of fucked trying to get to space without it.
    TIL capitalists got to space first.
    Two kinds of economic systems. Those that have produced a man on the moon, and those that haven't.
    meh

  14. #794
    Lachesis VII's Avatar
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    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:
    Sure, but you'd be kind of fucked trying to get to space without it.
    TIL capitalists got to space first.
    Two kinds of economic systems. Those that have produced a man on the moon, and those that haven't.
    Umm, the Apollo project was done under command-economy conditions dude, just like almost all of NASA's projects. Capitalism had nothing to do with it. The state set a goal and appropriated and directed the resources necessary to accomplish it. And the firms that did the work are either agencies of the state itself or close appendages that only exist because of government funding.

  15. #795
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Getting access to capital is a meaningless accomplishment in a system that doesn't actually link merit or utility to access to capital.

    :dunno:
    Sure, but you'd be kind of fucked trying to get to space without it.
    TIL capitalists got to space first.
    Two kinds of economic systems. Those that have produced a man on the moon, and those that haven't.
    Umm, the Apollo project was done under command-economy conditions dude, just like almost all of NASA's projects. Capitalism had nothing to do with it. The state set a goal and appropriated and directed the resources necessary to accomplish it. And the firms that did the work are either agencies of the state itself or close appendages that only exist because of government funding.
    And we're mostly still benefiting today from all the knock on effects that development allowed, in terms of productization. You really think that there are not massive knock on effects to the whole supply chain from an effort that large. Close appendages that only exist because of government funding still get paychecks, pay rents, buy cars, etc.
    meh

  16. #796
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    Right, and you've explained why direct government control over certain industries is a good thing, and why government spending creates prosperity.

    Congrats.

    Again, market forces and capitalism had nothing to do with NASA's campaign of space exploration.

  17. #797
    Donor erichkknaar's Avatar
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    Quote Originally Posted by Lachesis VII View Post
    Right, and you've explained why direct government control over certain industries is a good thing, and why government spending creates prosperity.

    Congrats.
    Meanwhile, in Russia...

      Spoiler:

    meh

  18. #798
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    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Right, and you've explained why direct government control over certain industries is a good thing, and why government spending creates prosperity.

    Congrats.
    Meanwhile, in Russia...

      Spoiler:

    Doesn't that make his point?

    Kremilin stripped funding from almost everything and now it's all rusting away?

  19. #799
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    Grimes: "Mission Accomplished"

    Musk follows her again on twitter btw, Musk acid trip round 2 when?

  20. #800
    Lachesis VII's Avatar
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    Quote Originally Posted by erichkknaar View Post
    Quote Originally Posted by Lachesis VII View Post
    Right, and you've explained why direct government control over certain industries is a good thing, and why government spending creates prosperity.

    Congrats.
    Meanwhile, in Russia...

      Spoiler:

    Pity all their best scientists were working on military rockets rather than civilian applications, eh? And pity all the funding for Buran went away when the USSR fell. But Buran was still demonstrated autonomous flight before a US spacecraft if even remotely comparable configuration and capability (X-37).

    Also lets not forget that the Russians started out way behind on that whole industry and technology front, and were never as wealthy overall as America.

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