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@BlueKelah/Wildreamz,
Your comments are obviously tongue in cheek replies.
This is a serious forum and you guys have been long time members. Let's be rational and keep to the facts.
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(02-05-2022, 09:10 AM)weijian Wrote: @BlueKelah/Wildreamz,
Your comments are obviously tongue in cheek replies.
This is a serious forum and you guys have been long time members. Let's be rational and keep to the facts.
Moderator
To be clear, what I did was 100% agreeing with the prior posts of fellow buddies (Behappyalways, and BlueKelah for saying he "hit the nail on the head").
But sure, moving forward I'd avoid remarks that would be interpreted as "tongue-in-cheek" if it's against the forum rules.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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31-05-2022, 05:46 PM
(This post was last modified: 31-05-2022, 05:47 PM by Wildreamz.)
Global automakers face electric shock in China
May 26, 2022
https://www.reuters.com/business/autos-t...022-05-25/
Quote:..
"If I was buying a gasoline car, I may have considered foreign brands," the 29-year-old said as she drove home from work. "But I wanted an EV, and other than Tesla, I saw few foreign brands applying advanced smart technology properly."
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The cleaner technologies accounted for 23% of China's passenger car market, where overall vehicle sales fell 12%, reflecting a steep decline in demand for gasoline cars. There are no foreign brands among the top 10 automakers in the new energy vehicle (NEV) segment this year, with the notable exception of U.S. electric pioneer Tesla in third place, according to China Passenger Car Association data.
..
(vested)
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger