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PoppinBacon
2021-07-04
What a troll name. ?
Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)
PoppinBacon
2021-06-28
Bigger faster better , ever. ?
Apple Explores Bigger iPads and Reshuffles Its Car Team
PoppinBacon
2021-06-03
$AMC Entertainment(AMC)$
Gosh this is insane. Surpass my expectation at 40?
Go to Tiger App to see more news
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a troll name. ?","listText":"What a troll name. ?","text":"What a troll name. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155386603","repostId":"1160702483","repostType":4,"repost":{"id":"1160702483","pubTimestamp":1625369888,"share":"https://ttm.financial/m/news/1160702483?lang=&edition=fundamental","pubTime":"2021-07-04 11:38","market":"us","language":"en","title":"Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702483","media":"MarketWatch","summary":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably hear","content":"<blockquote>\n <b>When stock market investing gets too easy, consider getting out of the market.</b>\n</blockquote>\n<p>Youāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once) and YOMO (you only miss out).</p>\n<p>Hereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!</p>\n<p>By early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week ā do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Hereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).</p>\n<p>Hereās an excerpt:</p>\n<p><i>Iām worried. Thatās no news flash, as Iām always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.ā Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries ā the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going to flip that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.</i></p>\n<p><i>A Citi board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.</p>\n<p>Iāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwo new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8 <a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"éē¼ęÆ",".IXIC":"NASDAQ Composite","SPY":"ę ę®500ETF"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)Ā and YOMO (you only miss out).\nHereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!\nBy early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week ā do not dig yourself a hole, OK?\nForeshadowing\nHereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).\nHereās an excerpt:\nIām worried. Thatās no news flash, as IāmĀ alwaysĀ worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006Ā World Economic Outlook.ā Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries āĀ the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going toĀ flipĀ that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.\nAĀ CitiĀ board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.\nBeware when things are too easy\nCodyĀ back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.\nIāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150898448,"gmtCreate":1624891813284,"gmtModify":1703847302972,"author":{"id":"3583622668831536","authorId":"3583622668831536","name":"PoppinBacon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583622668831536","authorIdStr":"3583622668831536"},"themes":[],"htmlText":"Bigger faster better , ever. ? ","listText":"Bigger faster better , ever. ? ","text":"Bigger faster better , ever. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150898448","repostId":"1126982912","repostType":4,"repost":{"id":"1126982912","pubTimestamp":1624870223,"share":"https://ttm.financial/m/news/1126982912?lang=&edition=fundamental","pubTime":"2021-06-28 16:50","market":"us","language":"en","title":"Apple Explores Bigger iPads and Reshuffles Its Car Team","url":"https://stock-news.laohu8.com/highlight/detail?id=1126982912","media":"Bloomberg","summary":"Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāAp","content":"<p>Hey everyone! Welcome to Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, the NBA. This is the inaugural edition, and be warned, Iām just getting over the Lakers playoffs loss. Take a look around, let me know what you think, and send your questions via email or Twitter.</p>\n<p><b>The Starters</b></p>\n<p>Letās get right to the point: I wrote this newsletter on an iPad Pro. That might not sound like some shocking revelation, but trust me, I had all but relegated the tablet to video watching and light gaming duties. Since this monthās release of the iPadOS 15 beta, however, Iāve left my laptop mostly behind and have done the vast majority of my work from the iPad.</p>\n<p>Now I have even stronger feelings for what Apple Inc. needs to change about the iPadāand it goes beyond software. Itās time for a giant screen, one in the 14-inch to 16-inch range. I love the speed, touchscreen, versatility and Magic Keyboard, but the 12.9-inch display is far too small for someone accustomed to a 16-inch MacBook Pro.</p>\n<p>And Iām not the only one who thinks that: Iām told that Apple has engineers and designers exploring larger iPads that could hit stores a couple of years down the road at the earliest. Theyāre unlikely for next yearāwith Appleās attention on a redesigned iPad Pro in the current sizes for 2022āand itās possible they never come at all. But a big iPad would be the perfect device for many people, including me, and would continue to blur the lines between tablet and laptop.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dfbe3939d99fa08873818e1774ac143\" tg-width=\"2000\" tg-height=\"1333\"><span>Photographer: Nina Riggio/Bloomberg</span></p>\n<p>Speaking of the iPad and Mac becoming more similar, I think Apple has absolutely moved the needle with the iPad Pro, when it comes to its software, but it still ultimately needs to allow Mac apps and Mac-like multitasking with more flexible arrangements of app windows.</p>\n<p>Iām liking the multitasking improvements so far in the iPad beta. The biggest change there for me is the ability to launch apps into split view from the home screen, rather than just from the dock. Iām digging the App Library, which is basically now the iPad version of Launchpad on the Mac.</p>\n<p>But Iād still like the ability to have four or five easily resizable and movable windows in front of me at once like I can on my Mac. Or on Windows, which just showed off a new version last week with a cleaner interface. And Iād like to be able to run some of my Mac apps, such as those for work, that donāt exist on the iPad. A larger iPad Pro would be the perfect place for both of those enhancements. Itās time for Apple to rip off the Band-Aid and go all in on the iPad.</p>\n<p><b>The Bench</b></p>\n<p><b>Amazon explores AR glasses and a foldable Kindle e-reader.</b>Appleās labs in Cupertino, California, arenāt the only ones cooking up new projects. While Amazon.com Inc. is still at work on many home gadgets like Echos and a future home robot, it also has its eyes on mobile devices, according to a person with knowledge of the companyās explorations. That includes long-term plans for augmented reality glasses (of course, a space Apple plans to enter) and even internal discussion of a Kindle e-reader with a foldable screen, after Samsung popularized the technology.</p>\n<p><b>Appleās App Store revenue machine keeps growing.</b>Apple continues to have several billion reasons to protect its App Store from lawmakers. The company generated $12 billion in revenue from the App Store globally in the first half of 2021, up 18% from the same period a year ago, according to estimates from Sensor Tower shared exclusively with Bloomberg Power On. That even takes into account some apps moving to a 15% revenue share as part of Appleās small business program.</p>\n<p><b>Peloton takes on the Apple Watchās heart rate sensor.</b>Peloton Interactive Inc. is ready to move beyond bikes and treadmills and into wearables, a natural extension of the fitness technology space. The company is working on a heart rate monitor for the arm to interact with the Peloton phone app and its exercise equipment. My guess is thatās only the beginning for their wearable ambitions, though.</p>\n<p><b>Speaking of the Apple Watch, new models aplenty are coming.</b>Apple has a long roadmap ahead for the watch. On tap for this year:a bit of a redesign with an upgraded screen, faster processor and new wireless technology. For next year, expect a more iterative update to the flagship model that adds a body temperature sensor alongside a new Apple Watch SE and an explorer edition with a more rugged frame. A blood sugar monitor is further off.</p>\n<p><b>Roster Changes</b></p>\n<p>Since the project started to take shape around 2014, Appleās self-driving car team has seen several leadership changes. But in 2018, it gained some management stability with the hire of Doug Field, a vice president who now runs the effort after steering Tesla Inc.ās development of the Model 3.</p>\n<p>This year, however, the car team underwent some more change: At least three top members of the group departed this year: Benjamin Lyon, Jaime Waydo and Dave Scott, who worked on engineering, safety systems and robotics, respectively. More recently,Apple hired Ulrich Kranz as a top lieutenant to Field. Kranz is an auto industry veteran who helped oversee the development of BMWās i3 electric car and i8 hybrid and held leading roles at self-driving startups Canoo and Faraday Future. Kranzās rĆ©sumĆ© isnāt exactly a slam dunk in the car world, with the BMWs being panned by some design critics and both of his startups mostly failing, but his experience reaffirms Appleās ultimate ambitions.</p>\n<p>These werenāt the only changes to the top levels of Appleās car team. The company has promoted some other names to the car divisionās leadership as part of a reshuffle, according to members of the group.</p>\n<p>They include:</p>\n<ul>\n <li>Hanns Tappeiner, the co-founder and former president of now-defunct robotic toy car startup Anki (which was featured onstage at WWDC in 2013)</li>\n <li>Tim Cheng, who ran the car operating system team for Drive.ai, a self-driving startup Apple bought two years ago</li>\n <li>Hans Lee, who joined Apple in March after departing Freedom Robotics, a company he co-founded that creates software to control fleets of robots</li>\n <li>Martin Levihn, who now runs a group overseeing artificial intelligence-based decision making for self-driving cars</li>\n <li>Paul Costa, a longtime Apple hardware engineering manager</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Explores Bigger iPads and Reshuffles Its Car Team</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Explores Bigger iPads and Reshuffles Its Car Team\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 16:50 GMT+8 <a href=https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"č¹ę"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126982912","content_text":"Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, the NBA. This is the inaugural edition, and be warned, Iām just getting over the Lakers playoffs loss.Ā Take a look around, let me know what you think, and send your questions viaĀ emailĀ orĀ Twitter.\nThe Starters\nLetās get right to the point: I wrote this newsletter on an iPad Pro. That might not sound like some shocking revelation, but trust me, I had all but relegated the tablet to video watching and light gaming duties. Since this monthās release of the iPadOS 15 beta, however, Iāve left my laptop mostly behind and have done the vast majority of my work from the iPad.\nNow I have even stronger feelings for what Apple Inc. needs to change about the iPadāand it goes beyond software. Itās time for a giant screen, one in the 14-inch to 16-inch range. I love the speed, touchscreen, versatility and Magic Keyboard, but the 12.9-inch display is far too small for someone accustomed to a 16-inch MacBook Pro.\nAnd Iām not the only one who thinks that: Iām told that Apple has engineers and designers exploring larger iPads that could hit stores a couple of years down the road at the earliest. Theyāre unlikely for next yearāwith Appleās attention on aĀ redesigned iPad ProĀ in the current sizes for 2022āand itās possible they never come at all. But a big iPad would be the perfect device for many people, including me, and would continue to blur the lines between tablet and laptop.\nPhotographer: Nina Riggio/Bloomberg\nSpeaking of the iPad and Mac becoming more similar, I think Apple has absolutely moved the needle with the iPad Pro, when it comes to its software, but it still ultimately needs to allow Mac apps and Mac-like multitasking with more flexible arrangements of app windows.\nIām liking the multitasking improvements so far in the iPad beta. The biggest change there for me is the ability to launch apps into split view from the home screen, rather than just from the dock. Iām digging the App Library, which is basically now the iPad version of Launchpad on the Mac.\nBut Iād still like the ability to have four or five easily resizable and movable windows in front of me at once like I can on my Mac. Or on Windows, which justĀ showed off a new versionĀ last week with a cleanerĀ interface. And Iād like to be able to run some of my Mac apps, such as those for work, that donāt exist on the iPad. A larger iPad Pro would be the perfect place for both of those enhancements. Itās time for Apple to rip off the Band-Aid and go all in on the iPad.\nThe Bench\nAmazon explores AR glasses and a foldable Kindle e-reader.Appleās labs in Cupertino, California, arenāt the only ones cooking up new projects. While Amazon.com Inc. is still at work on many home gadgets likeĀ EchosĀ and a futureĀ home robot, it also has its eyes on mobile devices, according to a person with knowledge of the companyās explorations. That includes long-term plans for augmented reality glasses (of course, a spaceĀ Apple plans to enter) and even internal discussion of a Kindle e-reader with a foldable screen, afterĀ Samsung popularized the technology.\nAppleās App Store revenue machine keeps growing.Apple continues to have several billion reasons to protect its App Store from lawmakers. The company generated $12 billion in revenue from the App Store globally in the first half of 2021, up 18% from the same period a year ago, according to estimates from Sensor Tower shared exclusively with Bloomberg Power On. That even takes into account some apps moving to aĀ 15% revenue shareĀ as part of Appleās small business program.\nPeloton takes on the Apple Watchās heart rate sensor.Peloton Interactive Inc. is ready to move beyond bikes and treadmills and into wearables, a natural extension of the fitness technology space. The company is working on aĀ heart rate monitorĀ for the arm to interact with the Peloton phone app and its exercise equipment. My guess is thatās only the beginning for their wearable ambitions, though.\nSpeaking of the Apple Watch, new models aplenty are coming.Apple has a long roadmap ahead for the watch. On tap for this year:a bit of a redesignĀ with an upgraded screen, faster processor and new wireless technology. For next year, expect a more iterative update to the flagship model that adds a body temperature sensor alongside a new Apple Watch SE and anĀ explorer editionĀ with a more rugged frame. AĀ blood sugar monitor is further off.\nRoster Changes\nSince the project started to take shapeĀ around 2014, Appleās self-driving car team has seen several leadership changes. But in 2018, it gained some management stability with the hire of Doug Field, a vice president who now runs the effort after steering Tesla Inc.ās development of the Model 3.\nThis year, however, the car team underwent some more change: At least three top members of the groupĀ departed this year: Benjamin Lyon, Jaime Waydo and Dave Scott, who worked on engineering, safety systems and robotics, respectively. More recently,Apple hired Ulrich KranzĀ as a top lieutenant to Field. Kranz is an auto industry veteran who helped oversee the development of BMWās i3 electric car and i8 hybridĀ and held leading roles at self-driving startups Canoo and Faraday Future. Kranzās rĆ©sumĆ© isnāt exactly a slam dunk in the car world, with the BMWs being panned by some design critics and both of his startups mostly failing, but his experience reaffirms Appleās ultimate ambitions.\nThese werenāt the only changes to the top levels of Appleās car team. The company has promoted some other names to the car divisionās leadership as part of a reshuffle, according to members of the group.\nThey include:\n\nHanns Tappeiner, the co-founder and former president of now-defunct robotic toy car startup Anki (which wasĀ featured onstage at WWDCĀ in 2013)\nTim Cheng, who ran the car operating system team for Drive.ai, a self-driving startupĀ Apple boughtĀ two years ago\nHans Lee, who joined Apple in March after departing Freedom Robotics, a company he co-founded that creates software to control fleets of robots\nMartin Levihn, who now runs a group overseeing artificial intelligence-based decision making for self-driving cars\nPaul Costa, a longtime Apple hardware engineering manager","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111370273,"gmtCreate":1622655552692,"gmtModify":1704188318876,"author":{"id":"3583622668831536","authorId":"3583622668831536","name":"PoppinBacon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583622668831536","authorIdStr":"3583622668831536"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Gosh this is insane. Surpass my expectation at 40?","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Gosh this is insane. Surpass my expectation at 40?","text":"$AMC Entertainment(AMC)$Gosh this is insane. Surpass my expectation at 40?","images":[{"img":"https://static.tigerbbs.com/5bdae99acf65a7aa3c8150d63ce275ac","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111370273","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":155386603,"gmtCreate":1625376067202,"gmtModify":1703741023465,"author":{"id":"3583622668831536","authorId":"3583622668831536","name":"PoppinBacon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583622668831536","authorIdStr":"3583622668831536"},"themes":[],"htmlText":"What a troll name. ?","listText":"What a troll name. ?","text":"What a troll name. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155386603","repostId":"1160702483","repostType":4,"repost":{"id":"1160702483","pubTimestamp":1625369888,"share":"https://ttm.financial/m/news/1160702483?lang=&edition=fundamental","pubTime":"2021-07-04 11:38","market":"us","language":"en","title":"Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702483","media":"MarketWatch","summary":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably hear","content":"<blockquote>\n <b>When stock market investing gets too easy, consider getting out of the market.</b>\n</blockquote>\n<p>Youāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once) and YOMO (you only miss out).</p>\n<p>Hereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!</p>\n<p>By early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week ā do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Hereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).</p>\n<p>Hereās an excerpt:</p>\n<p><i>Iām worried. Thatās no news flash, as Iām always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.ā Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries ā the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going to flip that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.</i></p>\n<p><i>A Citi board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.</p>\n<p>Iāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwo new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8 <a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"éē¼ęÆ",".IXIC":"NASDAQ Composite","SPY":"ę ę®500ETF"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)Ā and YOMO (you only miss out).\nHereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!\nBy early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week ā do not dig yourself a hole, OK?\nForeshadowing\nHereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).\nHereās an excerpt:\nIām worried. Thatās no news flash, as IāmĀ alwaysĀ worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006Ā World Economic Outlook.ā Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries āĀ the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going toĀ flipĀ that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.\nAĀ CitiĀ board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.\nBeware when things are too easy\nCodyĀ back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.\nIāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111370273,"gmtCreate":1622655552692,"gmtModify":1704188318876,"author":{"id":"3583622668831536","authorId":"3583622668831536","name":"PoppinBacon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583622668831536","authorIdStr":"3583622668831536"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Gosh this is insane. Surpass my expectation at 40?","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Gosh this is insane. Surpass my expectation at 40?","text":"$AMC Entertainment(AMC)$Gosh this is insane. Surpass my expectation at 40?","images":[{"img":"https://static.tigerbbs.com/5bdae99acf65a7aa3c8150d63ce275ac","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111370273","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150898448,"gmtCreate":1624891813284,"gmtModify":1703847302972,"author":{"id":"3583622668831536","authorId":"3583622668831536","name":"PoppinBacon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583622668831536","authorIdStr":"3583622668831536"},"themes":[],"htmlText":"Bigger faster better , ever. ? ","listText":"Bigger faster better , ever. ? ","text":"Bigger faster better , ever. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150898448","repostId":"1126982912","repostType":4,"repost":{"id":"1126982912","pubTimestamp":1624870223,"share":"https://ttm.financial/m/news/1126982912?lang=&edition=fundamental","pubTime":"2021-06-28 16:50","market":"us","language":"en","title":"Apple Explores Bigger iPads and Reshuffles Its Car Team","url":"https://stock-news.laohu8.com/highlight/detail?id=1126982912","media":"Bloomberg","summary":"Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāAp","content":"<p>Hey everyone! Welcome to Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, the NBA. This is the inaugural edition, and be warned, Iām just getting over the Lakers playoffs loss. Take a look around, let me know what you think, and send your questions via email or Twitter.</p>\n<p><b>The Starters</b></p>\n<p>Letās get right to the point: I wrote this newsletter on an iPad Pro. That might not sound like some shocking revelation, but trust me, I had all but relegated the tablet to video watching and light gaming duties. Since this monthās release of the iPadOS 15 beta, however, Iāve left my laptop mostly behind and have done the vast majority of my work from the iPad.</p>\n<p>Now I have even stronger feelings for what Apple Inc. needs to change about the iPadāand it goes beyond software. Itās time for a giant screen, one in the 14-inch to 16-inch range. I love the speed, touchscreen, versatility and Magic Keyboard, but the 12.9-inch display is far too small for someone accustomed to a 16-inch MacBook Pro.</p>\n<p>And Iām not the only one who thinks that: Iām told that Apple has engineers and designers exploring larger iPads that could hit stores a couple of years down the road at the earliest. Theyāre unlikely for next yearāwith Appleās attention on a redesigned iPad Pro in the current sizes for 2022āand itās possible they never come at all. But a big iPad would be the perfect device for many people, including me, and would continue to blur the lines between tablet and laptop.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1dfbe3939d99fa08873818e1774ac143\" tg-width=\"2000\" tg-height=\"1333\"><span>Photographer: Nina Riggio/Bloomberg</span></p>\n<p>Speaking of the iPad and Mac becoming more similar, I think Apple has absolutely moved the needle with the iPad Pro, when it comes to its software, but it still ultimately needs to allow Mac apps and Mac-like multitasking with more flexible arrangements of app windows.</p>\n<p>Iām liking the multitasking improvements so far in the iPad beta. The biggest change there for me is the ability to launch apps into split view from the home screen, rather than just from the dock. Iām digging the App Library, which is basically now the iPad version of Launchpad on the Mac.</p>\n<p>But Iād still like the ability to have four or five easily resizable and movable windows in front of me at once like I can on my Mac. Or on Windows, which just showed off a new version last week with a cleaner interface. And Iād like to be able to run some of my Mac apps, such as those for work, that donāt exist on the iPad. A larger iPad Pro would be the perfect place for both of those enhancements. Itās time for Apple to rip off the Band-Aid and go all in on the iPad.</p>\n<p><b>The Bench</b></p>\n<p><b>Amazon explores AR glasses and a foldable Kindle e-reader.</b>Appleās labs in Cupertino, California, arenāt the only ones cooking up new projects. While Amazon.com Inc. is still at work on many home gadgets like Echos and a future home robot, it also has its eyes on mobile devices, according to a person with knowledge of the companyās explorations. That includes long-term plans for augmented reality glasses (of course, a space Apple plans to enter) and even internal discussion of a Kindle e-reader with a foldable screen, after Samsung popularized the technology.</p>\n<p><b>Appleās App Store revenue machine keeps growing.</b>Apple continues to have several billion reasons to protect its App Store from lawmakers. The company generated $12 billion in revenue from the App Store globally in the first half of 2021, up 18% from the same period a year ago, according to estimates from Sensor Tower shared exclusively with Bloomberg Power On. That even takes into account some apps moving to a 15% revenue share as part of Appleās small business program.</p>\n<p><b>Peloton takes on the Apple Watchās heart rate sensor.</b>Peloton Interactive Inc. is ready to move beyond bikes and treadmills and into wearables, a natural extension of the fitness technology space. The company is working on a heart rate monitor for the arm to interact with the Peloton phone app and its exercise equipment. My guess is thatās only the beginning for their wearable ambitions, though.</p>\n<p><b>Speaking of the Apple Watch, new models aplenty are coming.</b>Apple has a long roadmap ahead for the watch. On tap for this year:a bit of a redesign with an upgraded screen, faster processor and new wireless technology. For next year, expect a more iterative update to the flagship model that adds a body temperature sensor alongside a new Apple Watch SE and an explorer edition with a more rugged frame. A blood sugar monitor is further off.</p>\n<p><b>Roster Changes</b></p>\n<p>Since the project started to take shape around 2014, Appleās self-driving car team has seen several leadership changes. But in 2018, it gained some management stability with the hire of Doug Field, a vice president who now runs the effort after steering Tesla Inc.ās development of the Model 3.</p>\n<p>This year, however, the car team underwent some more change: At least three top members of the group departed this year: Benjamin Lyon, Jaime Waydo and Dave Scott, who worked on engineering, safety systems and robotics, respectively. More recently,Apple hired Ulrich Kranz as a top lieutenant to Field. Kranz is an auto industry veteran who helped oversee the development of BMWās i3 electric car and i8 hybrid and held leading roles at self-driving startups Canoo and Faraday Future. Kranzās rĆ©sumĆ© isnāt exactly a slam dunk in the car world, with the BMWs being panned by some design critics and both of his startups mostly failing, but his experience reaffirms Appleās ultimate ambitions.</p>\n<p>These werenāt the only changes to the top levels of Appleās car team. The company has promoted some other names to the car divisionās leadership as part of a reshuffle, according to members of the group.</p>\n<p>They include:</p>\n<ul>\n <li>Hanns Tappeiner, the co-founder and former president of now-defunct robotic toy car startup Anki (which was featured onstage at WWDC in 2013)</li>\n <li>Tim Cheng, who ran the car operating system team for Drive.ai, a self-driving startup Apple bought two years ago</li>\n <li>Hans Lee, who joined Apple in March after departing Freedom Robotics, a company he co-founded that creates software to control fleets of robots</li>\n <li>Martin Levihn, who now runs a group overseeing artificial intelligence-based decision making for self-driving cars</li>\n <li>Paul Costa, a longtime Apple hardware engineering manager</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Explores Bigger iPads and Reshuffles Its Car Team</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Explores Bigger iPads and Reshuffles Its Car Team\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 16:50 GMT+8 <a href=https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"č¹ę"},"source_url":"https://www.bloomberg.com/news/newsletters/2021-06-27/big-ipads-apple-car-changes-amazon-ar-glasses-inside-big-tech-labs?sref=TBDibEcD","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126982912","content_text":"Hey everyone! Welcome toĀ Power On, a weekly newsletter where Iām going to write about my passionsāApple, new devices and Silicon Valley secretsāwith the occasional riff about my non-work obsession, the NBA. This is the inaugural edition, and be warned, Iām just getting over the Lakers playoffs loss.Ā Take a look around, let me know what you think, and send your questions viaĀ emailĀ orĀ Twitter.\nThe Starters\nLetās get right to the point: I wrote this newsletter on an iPad Pro. That might not sound like some shocking revelation, but trust me, I had all but relegated the tablet to video watching and light gaming duties. Since this monthās release of the iPadOS 15 beta, however, Iāve left my laptop mostly behind and have done the vast majority of my work from the iPad.\nNow I have even stronger feelings for what Apple Inc. needs to change about the iPadāand it goes beyond software. Itās time for a giant screen, one in the 14-inch to 16-inch range. I love the speed, touchscreen, versatility and Magic Keyboard, but the 12.9-inch display is far too small for someone accustomed to a 16-inch MacBook Pro.\nAnd Iām not the only one who thinks that: Iām told that Apple has engineers and designers exploring larger iPads that could hit stores a couple of years down the road at the earliest. Theyāre unlikely for next yearāwith Appleās attention on aĀ redesigned iPad ProĀ in the current sizes for 2022āand itās possible they never come at all. But a big iPad would be the perfect device for many people, including me, and would continue to blur the lines between tablet and laptop.\nPhotographer: Nina Riggio/Bloomberg\nSpeaking of the iPad and Mac becoming more similar, I think Apple has absolutely moved the needle with the iPad Pro, when it comes to its software, but it still ultimately needs to allow Mac apps and Mac-like multitasking with more flexible arrangements of app windows.\nIām liking the multitasking improvements so far in the iPad beta. The biggest change there for me is the ability to launch apps into split view from the home screen, rather than just from the dock. Iām digging the App Library, which is basically now the iPad version of Launchpad on the Mac.\nBut Iād still like the ability to have four or five easily resizable and movable windows in front of me at once like I can on my Mac. Or on Windows, which justĀ showed off a new versionĀ last week with a cleanerĀ interface. And Iād like to be able to run some of my Mac apps, such as those for work, that donāt exist on the iPad. A larger iPad Pro would be the perfect place for both of those enhancements. Itās time for Apple to rip off the Band-Aid and go all in on the iPad.\nThe Bench\nAmazon explores AR glasses and a foldable Kindle e-reader.Appleās labs in Cupertino, California, arenāt the only ones cooking up new projects. While Amazon.com Inc. is still at work on many home gadgets likeĀ EchosĀ and a futureĀ home robot, it also has its eyes on mobile devices, according to a person with knowledge of the companyās explorations. That includes long-term plans for augmented reality glasses (of course, a spaceĀ Apple plans to enter) and even internal discussion of a Kindle e-reader with a foldable screen, afterĀ Samsung popularized the technology.\nAppleās App Store revenue machine keeps growing.Apple continues to have several billion reasons to protect its App Store from lawmakers. The company generated $12 billion in revenue from the App Store globally in the first half of 2021, up 18% from the same period a year ago, according to estimates from Sensor Tower shared exclusively with Bloomberg Power On. That even takes into account some apps moving to aĀ 15% revenue shareĀ as part of Appleās small business program.\nPeloton takes on the Apple Watchās heart rate sensor.Peloton Interactive Inc. is ready to move beyond bikes and treadmills and into wearables, a natural extension of the fitness technology space. The company is working on aĀ heart rate monitorĀ for the arm to interact with the Peloton phone app and its exercise equipment. My guess is thatās only the beginning for their wearable ambitions, though.\nSpeaking of the Apple Watch, new models aplenty are coming.Apple has a long roadmap ahead for the watch. On tap for this year:a bit of a redesignĀ with an upgraded screen, faster processor and new wireless technology. For next year, expect a more iterative update to the flagship model that adds a body temperature sensor alongside a new Apple Watch SE and anĀ explorer editionĀ with a more rugged frame. AĀ blood sugar monitor is further off.\nRoster Changes\nSince the project started to take shapeĀ around 2014, Appleās self-driving car team has seen several leadership changes. But in 2018, it gained some management stability with the hire of Doug Field, a vice president who now runs the effort after steering Tesla Inc.ās development of the Model 3.\nThis year, however, the car team underwent some more change: At least three top members of the groupĀ departed this year: Benjamin Lyon, Jaime Waydo and Dave Scott, who worked on engineering, safety systems and robotics, respectively. More recently,Apple hired Ulrich KranzĀ as a top lieutenant to Field. Kranz is an auto industry veteran who helped oversee the development of BMWās i3 electric car and i8 hybridĀ and held leading roles at self-driving startups Canoo and Faraday Future. Kranzās rĆ©sumĆ© isnāt exactly a slam dunk in the car world, with the BMWs being panned by some design critics and both of his startups mostly failing, but his experience reaffirms Appleās ultimate ambitions.\nThese werenāt the only changes to the top levels of Appleās car team. The company has promoted some other names to the car divisionās leadership as part of a reshuffle, according to members of the group.\nThey include:\n\nHanns Tappeiner, the co-founder and former president of now-defunct robotic toy car startup Anki (which wasĀ featured onstage at WWDCĀ in 2013)\nTim Cheng, who ran the car operating system team for Drive.ai, a self-driving startupĀ Apple boughtĀ two years ago\nHans Lee, who joined Apple in March after departing Freedom Robotics, a company he co-founded that creates software to control fleets of robots\nMartin Levihn, who now runs a group overseeing artificial intelligence-based decision making for self-driving cars\nPaul Costa, a longtime Apple hardware engineering manager","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}