Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I have a lot of faith in Toyota. Sufficiently impressed with their Just-In-Time approach to manufacturing, and their early emphasis on the Kaizen pillar of the Toyota Production System, I've purchased half a dozen of their trucks over the years (all new), and even a couple of sedans (no Supra yet); I've even taken the time to tour one of their plants. The company's Lexus LS 400 should, in my opinion, be considered one of the finest production cars ever built. And the company dominates the hybrid gas-electric space, for good reason. But hydrogen engines - and especially those problematic ammonia engines - are not quite ready for prime time. I understand the desire to replace the carbon atom with alternative power sources for the sake of the global climate, but it's clear to me that, for the near- and intermediate-term future, automotive propulsion will continue to rely on a "mixed bag" of existing and experimental technologies. Safety, infrastructure, and economics are all headwinds - and what about cargo ships and airplanes, which are major contributors to our hotter world?
It's good that Toyota experiments with new ideas, however, because it is from such experimentation that successful new products emerge. But it is a conservative company, and it is likely that the best ideas will come from smaller, hungrier enterprises.
Such is entrepreneurship.
Thanks for this; it's fascinating stuff. And equally fascinating are all of the cautionary comments from viewers - ammonia is a really awful, vile compound when it comes in contact with any form of life, which it likely will when supply chains are up and running for devices like ammonia engines. Many of the remarks left me a bit rattled, including this one:
My grandfather has worked at a CO-OP plant by himself for the last 35 years. Let me explain the dangers of ammonia that people AREN'T speaking on. Yes everybody probably now knows that ammonia when inhaled can kill you and kill you rather quickly, but what they didn't touch on is that ammonia being a gas at room temperature means that when released into the world it travels extremely fast, and can travel "from my own experience" as far as 7 miles from the source. My grandfathers plant has around 50 different 300-500 gallon tanks, and 3 mother tanks ranging from 10k gallons for the smallest, 15k gallons, and then a 20k gallon tank. Two of the massive tanks hold standard ammonia, the 20K gallon tank holds anhydrous ammonia. When a farmer orders some AA, he takes a small tank, hooks it to his truck, pulls up to the mother tank, fills the smaller one to how much the farmer needs "by weight", and takes it to them. Now the reason he has 3 mother tanks and only ONE of them has the actual chemical they sell from his own words is "Druggies like to steal AA to make meth with, so we keep our small tanks empty because they would show up with a plastic bag and a mason jar, open a tank, fill up the bag and shove it down the jar then tighten the lid. But since they were taking a straight AA blast to the face WHICH CAN EASILY END YOUR LIFE IF INHALED, they never tightened the valve all the way back down. The sheriffs would show up at his house at 2-3 in the morning telling him he needed to drive 30 minutes to work to shut off a leaking tank because people in the town over "his plant is literally in the middle of nowhere surrounded by fields" 5 miles away were calling the police complaining and some even screaming that it burned to breathe, their kids couldn't breathe, people were passing the fuck out, and some kids even had to be hospitalized. Ammonia is an extremely dangerous gas to be toying with especially in combustion applications. This also gives meth heads an extra thing to start fucking with to make meth. Now you have to worry about people siphoning gas which is fuckin annoying, but imagine someone siphoning your ammonia, to attempt to produce anhydrous ammonia, to attempt to make meth with. Much more dangerous that way because multiple chances of explosions. When producing AA if not done correctly BOOM, making meth if not done correctly BOOM. There are FAR too many issues this could cause and bring up than what it would EVER be worth.
23-count Superseding Indictment
https://www.reuters.com/world/us/us-congressman-santos-charged-with-23-criminal-counts-doj-2023-10-10/
I know you were.
“Rudeness is the weak man’s imitation of strength.”
Good Morning Sunshine!
And I'd trust the Company to correct its ways about as far as I could throw a....a....Blacksheep.
The greys may be a bit too charitable.....
Par for the (penny stock) course.....The contagion seems to have infected the ST boards as well.
If gold ever came with a foul aroma, this would be the time.....
A DJ....now that figures....whatever he is, at least he has a pedigree: https://www.encyclopedia.com/humanities/encyclopedias-almanacs-transcripts-and-maps/al-thunayyan-family
Singin' The 'Rainy Night In Georgia' Blues
https://www.cnbc.com/2023/10/04/georgia-man-forfeits-ferrari-money-for-medicare-fraud.html
Becoming AI Savvy In Record Time
"Behind every one of these links is an imaginative effort to translate a complex abstraction into something anyone can grasp. And there's no way that ChatGPT, or any other AI today, could have produced any of them."
https://www.axios.com/2023/10/02/chatgpt-how-ai-works-plain-english
"Everything you say is just true. And it–and it's more interesting than that. Every cause he sought to serve, he damaged. Every cause he sought to fight, he helped. He was a person who set out in life to maximize the consequences of his actions-- never mind the intent. And he had exactly the opposite effects of the ones he set out to have. So it looks to me like his life is a cruel joke."
https://www.cbsnews.com/news/ftx-founder-sam-bankman-fried-michael-lewis-book-60-minutes-transcript/
And So It Begins.....
According to the Manhattan US attorney: ‘This was not a case of mismanagement or poor oversight, but of intentional fraud, plain and simple.’
https://www.theguardian.com/business/2023/sep/30/what-is-sam-bankman-fried-trial-for-new-york-ftx-crypto
25 Traditional Swedish Recipes
https://insanelygoodrecipes.com/swedish-recipes/
Buyer was a nine-term congressman from Indiana who served as a House prosecutor during then-President Bill Clinton's 1998 impeachment trial.
Or...at the very least....a cousin.....?
(Summer, 1984....Wall to wall Cars on the camp speakers....And of course, Yes. We have memories for a reason.....)
Sam Bankman-Fried’s parents sued
https://nypost.com/2023/09/19/sam-bankman-frieds-parents-sued-by-ftx-over-misappropriated-funds/
Those "Ask Marcum" commercials now take on a whole new meaning (one the firm likely didn't plan on):
https://www.sec.gov/news/press-release/2023-174
The SEC reached a $13 million settlement with Marcum earlier this year to resolve allegations of quality control failures tied to its auditing work for hundreds of special-purpose acquisition companies. -- WSJ
What? A chastened Kim Kardashian? Ahh, I can feel the mirth welling up, even at this early hour .....!
"With the help of AI, the selection of these returns is the result of groundbreaking collaboration among experts in data science and tax enforcement, who have been working side-by-side to apply cutting-edge machine learning technology to identify potential compliance risk in the areas of partnership tax, general income tax and accounting, and international tax in a taxpayer segment that historically has been subject to limited examination coverage."
As taxpayers, we should all support efforts to enforce compliance obligations, and this Major expansion in high-income/high wealth and partnership compliance work is welcome. Let's hope AI can grease the skids fairly and effectively.
That's one behemoth of a ship that will require some very careful steerage.
No doubt he's already chomping at the bit.....
“What’s the deal with Ovaltine? It comes in a round container, you put it in a round glass, why don’t they call it Roundtine?”
— Jerry Seinfeld
IRS will use AI to crack down on wealthy potential tax violators
https://www.irs.gov/newsroom/irs-announces-sweeping-effort-to-restore-fairness-to-tax-system-with-inflation-reduction-act-funding-new-compliance-efforts
Scurvy, and much else, methinks.....
"Hear, hear, Ovaltine for both rascals; it's the least we can do!"