Elon Musk personally is worth more than Exxon Mobil, even though Tesla (worth 800 billion) has never turned a profit.

New York (CNN Business)Elon Musk is rapidly approaching a net worth of $300 billion, as Tesla’s market cap soars past $1 trillion. That’s enough to surpass one of his biggest rivals: ExxonMobil. As of Monday’s close, Musk’s net worth was $289 billion, according to the Bloomberg Billionaires Index, which surpasses the $272 billion market value … Read more

Under Bidens watch Thanksgiving to be most expensive in the holidays history.

There is no single culprit. The nation’s food supply has been battered by a knotted supply chain, high transportation expenses, labor shortages, trade policies and bad weather. Inflation is at play, too. In September, the Consumer Price Index for food was up 4.6% from a year ago. Prices for meat, poultry, fish and eggs jumped drastically, … Read more

To My Fellow Traders Out there Who are Relatively New, Don’t Make the Same Mistake I did – Review Your Trades!

by Moore29 This is partially inspired from the trade review thread yesterday. Having others review your trade is obviously super helpful too, but no one’s going to have time to review everything for you, and it’s important that you develop this skill set yourself. I haven’t been doing too hot these past couple weeks, and my … Read more

Doing 90mph On Deadman’s Curve: A Few Thoughts On Risk

Authored by Charles Hugh Smith via OfTwoMinds blog, When the wreck is recovered, witnesses will wonder why they took such heedless, foolish risks. You’re in the back seat wedged between tipsy revelers, the driver is drunk and heading into Deadman’s Curve at 90 miles per hour. Nobody’s worried because the driver has never crashed. Before they … Read more