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Stanphyl Capital and Mark Spiegel

Discussion in 'TSLA Investor Discussions' started by bhzmark, Jul 11, 2018.

  1. EinSV

    EinSV Active Member

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    Great work by @ZachShahan.
    It is very hard to believe anyone is investing in this guy for his financial acumen. It's even harder to believe anyone in their right mind would pay him the substantial fees usually associated with hedge funds. The average hedge fund charges a 1.5% management fee and 17% incentive fee these days. The Hedge Fund Fee Conundrum With such a small amount under management and lousy returns it seems like he would need to charge even more to keep the lights on.

    On the other hand, he trashes Tesla non-stop on social media, in the press and in the occasional conference. Maybe some of the people "investing" in his micro "fund" aren't doing it for the returns but want to support him in his anti-Tesla attacks. Paying a small management fee and the odd incentive fee when he actually manages to make money could be a way of indirectly paying him to keep up his five year anti-Tesla campaign, while providing deniability with the SEC.
     
    • Like x 14
    • Helpful x 1
  2. domenick

    domenick Nerd

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    See, this is what I was thinking. The revenue stream from his poorly managed fund doesn't seem like enough to support his lifestyle: Porsche, Manhatten condo, etc. And who is going to continue to pay someone to perform half as well as the S&P?

    So many questions...
     
    • Like x 3
  3. AudubonB

    AudubonB Mild-mannered Moderator Lord Vetinari*

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    They definitely don't seem to need to worry about being charged that 17% haircut.
     
    • Like x 1
  4. dw4ngg

    dw4ngg Member

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    Questions a prestigious commission should be asking, one might think...
     
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  5. Bullish_Bear

    Bullish_Bear Member

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    Did he waive management fee this time? :D
     
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  6. CarlK

    CarlK Member

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    Suckers and they deserve each other.
     
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  7. adiggs

    adiggs Active Member

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    I was thinking that I really liked the head-in-the-sand he manages to convey effectively in that paragraph. Something like "on the back of a completely unsustainable earnings report".
     
    • Love x 1
  8. pz1975

    pz1975 Member

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    • Funny x 4
  9. SebastianR

    SebastianR Member

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  10. adiggs

    adiggs Active Member

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    I particularly like the long list of links of BEV competition. It's actually useful to see all of them next to each other.

    In another thread, somebody here made some estimates of kWh of batteries shipped in BEV's. The takeaway being that Tesla is shipping >>50% of all industry kWh in BEVs. I find that the best metric for understanding market share in battery electric vehicles, as well as understanding where real competition is coming from. GM and Nissan are so far back its silly.

    kWh is way better than units when tracking the Tesla Moat, and for understanding the size of the battery supply available to build and ship cars.

    The mistake made with all the links, is to somehow approximate everybody with a BEV as being roughly equal. From that point of view, Tesla as 1 of many dozens is clearly a small minority that is off to a fast start but is doomed to be overwhelmed when all of those options are available.

    When you size them based on actual delivered units (good) or kWh (better), you suddenly realize that quarterly shipments are Tesla > everybody-else-combined (and its not close). The only company sized to complete, today, with Tesla, is Tesla. The size of the projects to build battery scale that will compete with Tesla will also be visible and we'll see it coming. Until we see it coming in the form of companies making big commitments, all of the riffraff are going to stay just that - ankle biters swarming around Tesla's feet.
     
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  11. Curt Renz

    Curt Renz Active Member

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    Just offer him a little friendly advice:

     
    • Like x 1
  12. Unpilot

    Unpilot Active Member

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    • Like x 1
  13. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    The idea you can make a fairly decent living working 20 days a year writing this stuff is acyuactu quite appealing now that I see it up close. How easy is this?
     
  14. Unpilot

    Unpilot Active Member

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    Pretty easy it seems... are you willing to have your picture taken in the bathroom?
     
    • Funny x 1
  15. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    Everything's on the table.
     
  16. AudubonB

    AudubonB Mild-mannered Moderator Lord Vetinari*

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    That's not the normal way to spell "loo".
     
  17. neroden

    neroden Model S Owner and Frustrated Tesla Fan

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    His poor "investors". All 20 of them. He is absolutely intent on incinerating their money.
     
    • Informative x 1
  18. Unpilot

    Unpilot Active Member

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    You know I can understand having a different perspective on many things. But willful ignorance of facts is another.

    If one is in charge of other people's money you just can't let hate and rage based bias be your guide.
     
    • Like x 2
  19. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    Those 17 of those 20 "investors" are getting precisely what they want for their money. Talking points spouted with a shred of legitimacy by the media. They're fossil lobbyists.

    The other 3 are morons erroding wealth gained by their parents.
     
    • Like x 2
  20. AlexS

    AlexS Member

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    there is podcast on youtube from few days ago i didn't listen to it, because it is two hours long. but in description it says that 20% of his portfolio is short Tesla (by means of shorting stock and selling calls). So in total position size is about 1,2 million. If his fund size is 6 million like it was posted here before.
     

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