To the Editor: Who else builds a reliable global supercharging network, shoots reusable rockets into space, sends rescue missions for stranded astronauts, builds a satellite communications system that is proving very useful in emergency situations, and so on? (" Tesla Robotaxi Day Is a Make or Break Moment for Elon Musk," Cover Story, Oct. 4). Sure, CEO Musk is overly optimistic with his timelines, but he pushes himself and everyone around him extremely hard, and he gets incredible results. I believe that his companies now have the scale to be unstoppable.
Val Koziol On Barrons.com
The Cost of College
To the Editor: Anyone who wants to know what the real inflation rate is needs to look at the cost of a college education (" Inflation Isn't Tamed Yet. The Loneliest Fed Governor Was Right," Up & Down Wall Street, Oct. 4). That has mirrored the true inflation rate for the past 50 years. The cost of a college education doesn't artificially take out "volatile" food and energy costs. Politicians and government officials don't want people to know what the real inflation rate is because then everything that is inflation-adjusted (read: cost-of-living adjustments) would have to be upped even more than the "official" inflation rate is, leading to unpleasant societal issues.
Scott Tirrell On Barrons.com
Poor Customer Service
To the Editor: Andrew Welsch nicely captured the sheer weight and impressive market forces that continue to distinguish Vanguard from the few firms that can be considered peers (" Vanguard Wants to Shake Up Investing Again. Its New CEO Has Big Plans," Oct. 4). Not addressed is the client pulse. New CEO Salim Ramji may have mojo on Wall Street, but he would be well advised to pursue some secret-shopper visits to the firm's website as well as to Vanguard's customer call centers. The website is notoriously ever-changing and unappealing. Good luck trying to reach a staff member to facilitate a transaction in a reasonable time. Client managers seem to cherry-pick callbacks. It's a longstanding problem that has pushed many to go shopping elsewhere. Vanguard delivers on returns, but the customer experience has underperformed for decades.
Laurence Barton Rockledge, Fla.
Why Risk China?
To the Editor: Right on the money, Steven M. Sears (" China Is a Hot Investment Again. Look Before You Leap In," The Striking Price. Oct. 2). As long as the leaders of a country can make people who disagree with their politics disappear, it isn't investible for me. I am out of China, except for JD.com, and that will be gone soon, too. With thousands of companies in safer countries to pick from, why add more risk to your portfolio?
Nicholas Mohacsy On Barrons.com
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(END) Dow Jones Newswires
October 11, 2024 18:20 ET (22:20 GMT)
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