Profile - To The Moon

lhl72

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- lhl72lhl72
  ·2022-08-19
  B
  After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money
  For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as
  After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money
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- lhl72lhl72
  ·2021-07-15
  $AMC Entertainment(AMC)$holding 800 shares for the long haul!!!!!!!
  377 1
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- lhl72lhl72
  ·2021-06-23
  $1P2R(1P2R.SI)$hi
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- lhl72lhl72
  ·2021-06-23
  $UBS Group AG(UBS)$hi
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- lhl72lhl72
  ·2021-06-23
  Ok
  U.S. investors looking for a cheap way to play the global recovery may want to look up north
  If U.S. stocks look richly valued after a strong start to 2021, American investors may be better ser
  U.S. investors looking for a cheap way to play the global recovery may want to look up north
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- lhl72lhl72
  ·2021-06-23
  Okk
  Why I Believe NIO Will Beat Out Tesla
  The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go
  Why I Believe NIO Will Beat Out Tesla
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- lhl72lhl72
  ·2021-06-20
  $UBS Group AG(UBS)$you
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- lhl72lhl72
  ·2021-06-20
  $UBS Group AG(UBS)$thanks
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- lhl72lhl72
  ·2021-06-19
  Ah//@lhl72: Ok
  Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing
  BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, wh
  Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing
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- lhl72lhl72
  ·2021-06-19
  $Li Auto(LI)$ok
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17:23","market":"us","language":"en","title":"After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1127322828","media":"Bloomberg","summary":"For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as ","content":"<html><head></head><body><p>For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a precarious legacy.</p><p>It’s been three months since Anderson, 63, retired from Baillie Gifford, the century-old Scottish money manager he transformed into anunlikely power-investorin global technology.Awkward timing, to say the least.</p><p>Before Cathie Wood and Ark Invest, before crypto and “stonks,” Anderson began transforming Baillie Gifford’s prosaically namedScottish Mortgage Investment Trust— founded in 1909 to finance rubber plantationsand later Baillie Gifford’s flagship product — into one of the world’s top performing funds of its kind for a decade.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de33a4ac0cb06d99485b7ab765a660eb\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Baillie Gifford offices in EdinburghPhotographer: Robert Ormerod/Bloomberg</span></p><p>But the tech stock meltdown has left the firm bleeding assets this year, losing a staggering 100 billion pounds ($122 billion) by the end of June. What was already a tall task for the next generation of the firm’s stock-pickers — convincing investors they can follow in Anderson&#39;s footsteps — has added a new hurdle: making the case that they should.</p><p>Therecent market rallywill have helped, but changing course doesn’t appear to be an option. More than a dozen former and current employees and clients, most of whom spoke on the condition of anonymity in recent weeks, depict a firm that fell under the spell of Anderson’s success. A company partner who held no formal management position for years ended up driving Baillie Gifford’s entire approach to markets.</p><p>What Anderson has left behind appears emblematic not only of this year’s market downturnbut also of the excesses that inflated a pandemic bubble in just about everything. Portfolio managers have been deployed to try to calm angsty clients.</p><p>The uneasy mood was evident in mid-June as Scottish Mortgage investors gathered in London to hear what Baillie Gifford had to say about the drastic reversal of fortune.</p><p>The crowd sat solemnly beneath dim chandeliers in a rented ballroom as Anderson’s successors, Tom Slater andLaurence Burns, called for patience, confident picks would pay off in the long run — that is, in 10 or even 20 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e6c4ef2ec5ef9d84e364028616b8d6b\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market.Photographer: Rachel Jessen/Bloomberg</span></p><p>Some attendees wondered out loud if Slater and Burns could deliver by following their old boss’s playbook. One asked if it would take 20 more years to figure out if Anderson really was a genius stock-picker or merely someone who lucked out in a bull market.</p><p>“We are not sitting, looking into a crystal ball trying to predict what’s going to happen,” Slater said. “Wealth doesn’t come from predicting stuff but from a small number of exceptional companies.”</p><p>It’s been quite a comedown. From its Edinburgh headquarters 3,200 miles from Wall Street, Baillie Gifford emerged in the 2000s and 2010s as one of theworld’s top stock-pickers,marketing the Anderson mystique and attracting ordinary investors and major pension funds across the US and Britain.</p><p>Anderson set aside conventional investment metrics and staked his clients’ money on a relatively small number of risky, high-growth stocks. With a go-big-or-go-home ethos, he pressed portfolio managers to focus on sweeping, global themes, rather than investing geographically.</p><p>And so, Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market. For years, the only investor who owned more of Tesla was Elon Musk. (Douglas Brodie,a partner and portfolio manager for another Baillie Gifford team, initially drove the Tesla investment in the early 2010s, but Anderson got most of the credit — and themedia attention).</p><p>The results were extraordinary. From 2005 to its peak last year, Scottish Mortgage returned 2,240%.</p><p><img src=\"https://static.tigerbbs.com/aed3cc980a5921dbc234e3de5954ce0c\" tg-width=\"647\" tg-height=\"387\" referrerpolicy=\"no-referrer\"/></p><p>But what goes up usually comes down — in this case, down hard. With high-orbit tech stocks hurtling back to earth, Scottish Mortgage has plummeted 32% this year as of Aug. 16, its assets dropping to 14 billion pounds. All Baillie Gifford funds tracked by Bloomberg have fallen from 1% to 40% this year. Overall assets under management stood at 231 billion poundsat the end of June, versus 336 billion pounds at the start of the year.</p><p>From Menlo Park to Shenzhen, Big Tech to startups, a pullback has followed a decade of giddy exuberance. SoftBank Group Corp.reporteda record 3.16 trillion yen ($23.4 billion) net loss on Aug. 8 after its Vision Fund, the world’s largest technology fund, got hammered.</p><p>Given the shifting landscape, the question is when, or maybe whether, Baillie Gifford can regain its footing and help reinforce the business of stock picking that’s been undermined in recent years by the popularity of cheaper, index-tracking funds.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51408b71487dde86a80f9fe0bb6e26b2\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/><span>James Anderson at the Allen &amp; Co. Media and Technology Conference in Sun Valley, Idaho in 2019.Photographer: Patrick T. Fallon/Bloomberg</span></p><p>Indeed, other big name investors came unstuck after stellar returns. Bill Miller, the manager whose unprecedented record of beating the Standards &amp; Poor’s 500 Index made him aninvesting legend, couldn’t relive his past glories after a sharp turn in his fortunes.</p><p>More dramatic was Neil Woodford’sfall from grace in the UK. The star money manager mesmerized investors for years with his performance. But following a poor run, clients startedpulling their cash, leading to the suspension of his flagship fund in 2019.</p><p>Baillie Gifford is far more than one fund and has other strategies that don’t pursue the kind of returns that made Anderson a magnet for retail clients, who would flock to hear him speak at investor forums. But, over the time, the firm tilted toward his investing philosophy.</p><p>Anderson, now chairman of Swedish investment companyKinnevik AB, waves off his influence. In an email, he dismissed the idea that his bull-market success and celebrity status came to define Baillie Gifford.</p><p>“The influence was mostly because the high growth worked so well for a prolonged period and therefore — as is the way in finance — it attracted more attention and even imitation,” Anderson said of his sway over Baillie Gifford. “Maybe this always bothered me more than people realized.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba1d786496f986024d6afd7682880d8c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.Photographer: Guillaume Souvant/AFP/Getty Images</span></p><p>But during a tenure spanning four decades, he shook off the firm’s staid reputation and fundamentally changed its DNA. At a time when low-cost index funds were upending the investment business, he pushed the partnership in the opposite direction: He challenged portfolio managers to set aside indexes and instead find companies that would solve big problems. In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.</p><p>When markets were going their way, Anderson and his acolytes could steamroll most doubters. Unabashedly contrarian and sometimes quick-tempered, he sniffed at what he viewed as groupthink by bean-counting CFAs. Let others worry about quarterly results and P/E ratios. Anderson wanted to spot the super trends that would shape the future.</p><p>People who questioned him or issued a negative report on one of his stock picks often found themselves on the losing side a heated argument, current and former employees say. Others learned to keep their mouths shut. To avoid office distractions, Anderson eventually stopped sharing his own research in Baillie Gifford’s library.</p><p>Before long, Anderson and his crew stopped attending weekly investment meetings, dismissing the gatherings as a venue of low-brow short-termism. Baillie Gifford later made the confabs optional before binning them altogether.</p><p>A scruffy, sometimes rumpled character with a professorial air — one former colleague recalls Anderson wearing an ink-stained shirt one day, another remembers his poorly knotted ties — Anderson came to be seen as the mad genius of Baillie Gifford. (In a telephone interview, Anderson conceded that he could be hot-tempered due to the stresses of the job.) His star rising, heenthralled everyday investors, scouted Silicon Valley and hung out with Jeff Bezos in Sun Valley.</p><p>Insiders say that with Anderson gone there’s more room for flexibility, but Baillie Gifford is in so deep it might be hard to go back. Wholly owned by its roughly 50 partners, the firm has staked its future on the belief that it can spot the next big thing. Then, the thinking goes, it can do what Anderson did: Get in early — and hold on for the ride.</p><p><img src=\"https://static.tigerbbs.com/646aaeefad45f983569a04220448ece9\" tg-width=\"640\" tg-height=\"381\" referrerpolicy=\"no-referrer\"/></p><p>Before July’s bounce, the ride has mostly gone in one direction: down. Baillie Gifford is a top-three holder of Moderna (down 22% year to Aug. 16); Shopify Inc. (down 68%); and Spotify Technology SA (down 41%). It’s also a major holder of Illumia Inc. (down 33%) and Peloton Interactive Inc. (down 58%), among others.</p><p>Stock picks are only one problem. During the bull years, Anderson and his team also became go-to financiers for a range of tech startups. Flush with investor dollars, they seeded young businesses in hopes of reaping outsize returns once the companies went public.</p><p>Unlisted companies accounted forroughly a thirdof Scottish Mortgage’s holdings at the end of June, according to company documents. The fund got in on the bull-market rush over the fledgling air-taxi business, picking up stakes inLilium NVand Joby Aviation Inc. It also bought into crypto financial-services company Blockchain.com and Northvolt AB, a Swedish battery developer.</p><p>When or if many of those bets might pay off is anyone’s guess. One pick, biotech company Ginkgo Bioworks, went public last year, during the waning days of the craze over special purpose acquisition companies, or SPACs. Since then, the stock has fallen 53%.</p><p>And while Anderson was the first to invest in private companies at Baillie Gifford, even more conservative investment trusts run by the firm have exposure to the asset class, albeit at much lower levels.</p><p>Even Baillie Gifford insiders concede Anderson’s departure in April,telegraphedfor more than a year, came at a particularly fraught moment. The firm created a success story around Anderson and his investment philosophy and used that rosy narrative to market itself.</p><p>James Budden, global head of marketing, acknowledged — with some limits — Anderson’s long-standing role in shaping Baillie Gifford. “He was a strong influence, but this took 20 years to play out,” said Budden, the only person Baillie Gifford made available to speak on the record. “Scottish Mortgage didn’t immediately become what it is today. Yes, he did define a lot of the investment thinking.”</p><p>For better and worse, Anderson appears to have left a lasting mark. University graduates who join the firm’s training program no longer get schooled in financial statements as meticulously as they used to, people familiar with the matter said. People who’ve left recently say risk management could be improved.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2d6cd86d2fdae1087c8ed314fc12083\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>For years, the only investor who owned more of Tesla was Elon Musk.Photographer: Toru Hanai/Bloomberg</span></p><p>Budden, the marketing chief, says trainees must still learn accounting but adds that success at Baillie Gifford takes vision, too. “We do have risk controls, though people think we don’t,” he said. “For us the biggest risk is finding the wrong companies and missing the big opportunities, but we also do proper risk analysis.”</p><p>For now, Baillie Gifford seems hostage to the markets. Aninvestment teamcalled Global Alpha, createdby former senior partner Charles Plowden in 2005 as a counterweight to Anderson’s go-big philosophy, has weathered the storm better than Scottish Mortgage by investing in more, less volatile stocks.</p><p>Global Alpha today manages 39 billion pounds, more than any other group in the firm. Yet, all the same, it still holds a crop of Anderson’s tech darlingslike Moderna and Tesla. The firm says any similarities between portfolios are unintentional and that each team does its own research.</p><p>All the same, the 170-person client services team has been reemphasizingthe investment philosophy Anderson helped to build. Their line: This, too, shall pass — and Baillie Gifford will go on to greater heights as its bets pay off over coming decades. In webinars, letters and phone calls, the team has urged investors not to panic.</p><p>The partnership keeps looking ahead. It plans to hire more people and move to a new glass-paneled, seven-story headquarters being built in a new development in Edinburgh’s West End. At a recent company-wide meeting, two senior partners said Baillie Gifford would stick to its guns. It was, they said, business as usual.</p></body></html>","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>After 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding 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\">\nAfter 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/features/2022-08-18/tesla-amazon-visionary-leaves-uk-fund-firm-baillie-gifford-down-100-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127322828","content_text":"For years, he rode the likes of Amazon.com Inc. and Tesla Inc. to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a precarious legacy.It’s been three months since Anderson, 63, retired from Baillie Gifford, the century-old Scottish money manager he transformed into anunlikely power-investorin global technology.Awkward timing, to say the least.Before Cathie Wood and Ark Invest, before crypto and “stonks,” Anderson began transforming Baillie Gifford’s prosaically namedScottish Mortgage Investment Trust— founded in 1909 to finance rubber plantationsand later Baillie Gifford’s flagship product — into one of the world’s top performing funds of its kind for a decade.Baillie Gifford offices in EdinburghPhotographer: Robert Ormerod/BloombergBut the tech stock meltdown has left the firm bleeding assets this year, losing a staggering 100 billion pounds ($122 billion) by the end of June. What was already a tall task for the next generation of the firm’s stock-pickers — convincing investors they can follow in Anderson's footsteps — has added a new hurdle: making the case that they should.Therecent market rallywill have helped, but changing course doesn’t appear to be an option. More than a dozen former and current employees and clients, most of whom spoke on the condition of anonymity in recent weeks, depict a firm that fell under the spell of Anderson’s success. A company partner who held no formal management position for years ended up driving Baillie Gifford’s entire approach to markets.What Anderson has left behind appears emblematic not only of this year’s market downturnbut also of the excesses that inflated a pandemic bubble in just about everything. Portfolio managers have been deployed to try to calm angsty clients.The uneasy mood was evident in mid-June as Scottish Mortgage investors gathered in London to hear what Baillie Gifford had to say about the drastic reversal of fortune.The crowd sat solemnly beneath dim chandeliers in a rented ballroom as Anderson’s successors, Tom Slater andLaurence Burns, called for patience, confident picks would pay off in the long run — that is, in 10 or even 20 years.Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market.Photographer: Rachel Jessen/BloombergSome attendees wondered out loud if Slater and Burns could deliver by following their old boss’s playbook. One asked if it would take 20 more years to figure out if Anderson really was a genius stock-picker or merely someone who lucked out in a bull market.“We are not sitting, looking into a crystal ball trying to predict what’s going to happen,” Slater said. “Wealth doesn’t come from predicting stuff but from a small number of exceptional companies.”It’s been quite a comedown. From its Edinburgh headquarters 3,200 miles from Wall Street, Baillie Gifford emerged in the 2000s and 2010s as one of theworld’s top stock-pickers,marketing the Anderson mystique and attracting ordinary investors and major pension funds across the US and Britain.Anderson set aside conventional investment metrics and staked his clients’ money on a relatively small number of risky, high-growth stocks. With a go-big-or-go-home ethos, he pressed portfolio managers to focus on sweeping, global themes, rather than investing geographically.And so, Baillie Gifford famously piled into Amazon, Tesla and others that would soon catch fire in the bull market. For years, the only investor who owned more of Tesla was Elon Musk. (Douglas Brodie,a partner and portfolio manager for another Baillie Gifford team, initially drove the Tesla investment in the early 2010s, but Anderson got most of the credit — and themedia attention).The results were extraordinary. From 2005 to its peak last year, Scottish Mortgage returned 2,240%.But what goes up usually comes down — in this case, down hard. With high-orbit tech stocks hurtling back to earth, Scottish Mortgage has plummeted 32% this year as of Aug. 16, its assets dropping to 14 billion pounds. All Baillie Gifford funds tracked by Bloomberg have fallen from 1% to 40% this year. Overall assets under management stood at 231 billion poundsat the end of June, versus 336 billion pounds at the start of the year.From Menlo Park to Shenzhen, Big Tech to startups, a pullback has followed a decade of giddy exuberance. SoftBank Group Corp.reporteda record 3.16 trillion yen ($23.4 billion) net loss on Aug. 8 after its Vision Fund, the world’s largest technology fund, got hammered.Given the shifting landscape, the question is when, or maybe whether, Baillie Gifford can regain its footing and help reinforce the business of stock picking that’s been undermined in recent years by the popularity of cheaper, index-tracking funds.James Anderson at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho in 2019.Photographer: Patrick T. Fallon/BloombergIndeed, other big name investors came unstuck after stellar returns. Bill Miller, the manager whose unprecedented record of beating the Standards & Poor’s 500 Index made him aninvesting legend, couldn’t relive his past glories after a sharp turn in his fortunes.More dramatic was Neil Woodford’sfall from grace in the UK. The star money manager mesmerized investors for years with his performance. But following a poor run, clients startedpulling their cash, leading to the suspension of his flagship fund in 2019.Baillie Gifford is far more than one fund and has other strategies that don’t pursue the kind of returns that made Anderson a magnet for retail clients, who would flock to hear him speak at investor forums. But, over the time, the firm tilted toward his investing philosophy.Anderson, now chairman of Swedish investment companyKinnevik AB, waves off his influence. In an email, he dismissed the idea that his bull-market success and celebrity status came to define Baillie Gifford.“The influence was mostly because the high growth worked so well for a prolonged period and therefore — as is the way in finance — it attracted more attention and even imitation,” Anderson said of his sway over Baillie Gifford. “Maybe this always bothered me more than people realized.”In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.Photographer: Guillaume Souvant/AFP/Getty ImagesBut during a tenure spanning four decades, he shook off the firm’s staid reputation and fundamentally changed its DNA. At a time when low-cost index funds were upending the investment business, he pushed the partnership in the opposite direction: He challenged portfolio managers to set aside indexes and instead find companies that would solve big problems. In addition to Amazon and Tesla, big-name scores included Covid-19 vaccine maker Moderna Inc.When markets were going their way, Anderson and his acolytes could steamroll most doubters. Unabashedly contrarian and sometimes quick-tempered, he sniffed at what he viewed as groupthink by bean-counting CFAs. Let others worry about quarterly results and P/E ratios. Anderson wanted to spot the super trends that would shape the future.People who questioned him or issued a negative report on one of his stock picks often found themselves on the losing side a heated argument, current and former employees say. Others learned to keep their mouths shut. To avoid office distractions, Anderson eventually stopped sharing his own research in Baillie Gifford’s library.Before long, Anderson and his crew stopped attending weekly investment meetings, dismissing the gatherings as a venue of low-brow short-termism. Baillie Gifford later made the confabs optional before binning them altogether.A scruffy, sometimes rumpled character with a professorial air — one former colleague recalls Anderson wearing an ink-stained shirt one day, another remembers his poorly knotted ties — Anderson came to be seen as the mad genius of Baillie Gifford. (In a telephone interview, Anderson conceded that he could be hot-tempered due to the stresses of the job.) His star rising, heenthralled everyday investors, scouted Silicon Valley and hung out with Jeff Bezos in Sun Valley.Insiders say that with Anderson gone there’s more room for flexibility, but Baillie Gifford is in so deep it might be hard to go back. Wholly owned by its roughly 50 partners, the firm has staked its future on the belief that it can spot the next big thing. Then, the thinking goes, it can do what Anderson did: Get in early — and hold on for the ride.Before July’s bounce, the ride has mostly gone in one direction: down. Baillie Gifford is a top-three holder of Moderna (down 22% year to Aug. 16); Shopify Inc. (down 68%); and Spotify Technology SA (down 41%). It’s also a major holder of Illumia Inc. (down 33%) and Peloton Interactive Inc. (down 58%), among others.Stock picks are only one problem. During the bull years, Anderson and his team also became go-to financiers for a range of tech startups. Flush with investor dollars, they seeded young businesses in hopes of reaping outsize returns once the companies went public.Unlisted companies accounted forroughly a thirdof Scottish Mortgage’s holdings at the end of June, according to company documents. The fund got in on the bull-market rush over the fledgling air-taxi business, picking up stakes inLilium NVand Joby Aviation Inc. It also bought into crypto financial-services company Blockchain.com and Northvolt AB, a Swedish battery developer.When or if many of those bets might pay off is anyone’s guess. One pick, biotech company Ginkgo Bioworks, went public last year, during the waning days of the craze over special purpose acquisition companies, or SPACs. Since then, the stock has fallen 53%.And while Anderson was the first to invest in private companies at Baillie Gifford, even more conservative investment trusts run by the firm have exposure to the asset class, albeit at much lower levels.Even Baillie Gifford insiders concede Anderson’s departure in April,telegraphedfor more than a year, came at a particularly fraught moment. The firm created a success story around Anderson and his investment philosophy and used that rosy narrative to market itself.James Budden, global head of marketing, acknowledged — with some limits — Anderson’s long-standing role in shaping Baillie Gifford. “He was a strong influence, but this took 20 years to play out,” said Budden, the only person Baillie Gifford made available to speak on the record. “Scottish Mortgage didn’t immediately become what it is today. Yes, he did define a lot of the investment thinking.”For better and worse, Anderson appears to have left a lasting mark. University graduates who join the firm’s training program no longer get schooled in financial statements as meticulously as they used to, people familiar with the matter said. People who’ve left recently say risk management could be improved.For years, the only investor who owned more of Tesla was Elon Musk.Photographer: Toru Hanai/BloombergBudden, the marketing chief, says trainees must still learn accounting but adds that success at Baillie Gifford takes vision, too. “We do have risk controls, though people think we don’t,” he said. “For us the biggest risk is finding the wrong companies and missing the big opportunities, but we also do proper risk analysis.”For now, Baillie Gifford seems hostage to the markets. Aninvestment teamcalled Global Alpha, createdby former senior partner Charles Plowden in 2005 as a counterweight to Anderson’s go-big philosophy, has weathered the storm better than Scottish Mortgage by investing in more, less volatile stocks.Global Alpha today manages 39 billion pounds, more than any other group in the firm. Yet, all the same, it still holds a crop of Anderson’s tech darlingslike Moderna and Tesla. The firm says any similarities between portfolios are unintentional and that each team does its own research.All the same, the 170-person client services team has been reemphasizingthe investment philosophy Anderson helped to build. Their line: This, too, shall pass — and Baillie Gifford will go on to greater heights as its bets pay off over coming decades. In webinars, letters and phone calls, the team has urged investors not to panic.The partnership keeps looking ahead. It plans to hire more people and move to a new glass-paneled, seven-story headquarters being built in a new development in Edinburgh’s West End. At a recent company-wide meeting, two senior partners said Baillie Gifford would stick to its guns. It was, they said, business as usual.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147641059,"gmtCreate":1626357525771,"gmtModify":1703758593238,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>holding 800 shares for the long haul!!!!!!!","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>holding 800 shares for the long haul!!!!!!!","text":"$AMC Entertainment(AMC)$holding 800 shares for the long haul!!!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147641059","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121820681,"gmtCreate":1624459146843,"gmtModify":1703837444238,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/1P2R.SI\">$1P2R(1P2R.SI)$</a>hi","listText":"<a href=\"https://laohu8.com/S/1P2R.SI\">$1P2R(1P2R.SI)$</a>hi","text":"$1P2R(1P2R.SI)$hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121820681","isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121820016,"gmtCreate":1624459127135,"gmtModify":1703837443106,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>hi","listText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>hi","text":"$UBS Group AG(UBS)$hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121820016","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121867871,"gmtCreate":1624459108293,"gmtModify":1703837442620,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121867871","repostId":"1166274187","repostType":4,"repost":{"id":"1166274187","pubTimestamp":1624458332,"share":"https://ttm.financial/m/news/1166274187?lang=&edition=fundamental","pubTime":"2021-06-23 22:25","market":"us","language":"en","title":"U.S. investors looking for a cheap way to play the global recovery may want to look up north","url":"https://stock-news.laohu8.com/highlight/detail?id=1166274187","media":"cnbc","summary":"If U.S. stocks look richly valued after a strong start to 2021, American investors may be better ser","content":"<div>\n<p>If U.S. stocks look richly valued after a strong start to 2021, American investors may be better served by looking northward for opportunities, according to Bank of America.\nThe bank’s chief U.S. ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/canadian-equities-may-be-a-cheaper-way-to-play-the-recovery.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>U.S. investors looking for a cheap way to play the global recovery may want to look up north</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; 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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\">\nU.S. investors looking for a cheap way to play the global recovery may want to look up north\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/canadian-equities-may-be-a-cheaper-way-to-play-the-recovery.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If U.S. stocks look richly valued after a strong start to 2021, American investors may be better served by looking northward for opportunities, according to Bank of America.\nThe bank’s chief U.S. ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/canadian-equities-may-be-a-cheaper-way-to-play-the-recovery.html\">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":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/23/canadian-equities-may-be-a-cheaper-way-to-play-the-recovery.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1166274187","content_text":"If U.S. stocks look richly valued after a strong start to 2021, American investors may be better served by looking northward for opportunities, according to Bank of America.\nThe bank’s chief U.S. equity strategist told clients on Tuesday that the Canadian equity benchmark trades at a significant discount to the S&P 500 and, in her opinion, is due for a catch-up.\nAs of Tuesday’s close, the S&P/TSX Composite index, Canada’s main stock benchmark, was up more than 15% for the year.\nDespite that gain, the TSX index trades at just 17 times forward earnings compared to the S&P 500′s 21.4 times. By that gauge, the S&P 500 is trading at its richest valuation since the tech bubble of the late 1990s and early 2000s, according to Bank of America strategist Savita Subramanian.\n“We believe the discount is overdone, especially when the composition of the TSX is much better positioned to benefit from the global economic recovery, which we believe is intact,” she wrote.\n“We believe international stocks may be a better way to participate in the cyclical upswing, and Canada looks particularly attractive given its heavy exposure to cyclicals, commodities, and smaller caps, as well as its exposure to the U.S. economy that is leading the recovery,” Subramanian added.\nBank of America likes the TSX index for its greater exposure to energy and materials versus the S&P 500. Commodity sectors represent over 25% of the index compared to less than 6% of the S&P 500.\nThat bodes well for those with exposure to Canadian equities as the global recovery from the Covid-19 pandemic accelerates outside of the U.S. and fosters demand for the energy and agricultural commodities exported by Ottawa.\n“Follow the commodity cycle,” Subramanian advised her clients. “Despite a 46% surge in commodity prices [year over year], the TSX has underperformed the S&P 500 by more than 10 percentage points over the past 12 months.”\nThe implication is that, with Canada soon expected to see a sharp rise in its number of vaccinated residents, the gap between the TSX index and the S&P 500 could narrow.\nSome popular Canadian funds include theiShares MSCI Canada ETFand theBMO Low Volatility Canadian Equity ETF, up 21.8% and 15.2%, respectively, in 2021.\nDespite the overarching optimism on the country’s stocks, Subramanian noted that a slower-than-expected economic recovery in the U.S. or Canada would challenge her thesis.\nSo, too, could China’s recent announcement tomanage commodity inflationif Beijing continues to impose a cap on how much its traders are permitted to pay for various materials.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121867016,"gmtCreate":1624459098235,"gmtModify":1703837441648,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"Okk","listText":"Okk","text":"Okk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121867016","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about&nbsp;<b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","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>Why I Believe NIO Will Beat Out Tesla</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\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164964771,"gmtCreate":1624166543893,"gmtModify":1703830008834,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>you","listText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>you","text":"$UBS Group AG(UBS)$you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164964771","isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164964282,"gmtCreate":1624166537746,"gmtModify":1703830008349,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>thanks","listText":"<a href=\"https://laohu8.com/S/UBS\">$UBS Group AG(UBS)$</a>thanks","text":"$UBS Group AG(UBS)$thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164964282","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165957910,"gmtCreate":1624089612230,"gmtModify":1703828664142,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"Ah//<a href=\"https://laohu8.com/U/3575703544503979\">@lhl72</a>: Ok","listText":"Ah//<a href=\"https://laohu8.com/U/3575703544503979\">@lhl72</a>: Ok","text":"Ah//@lhl72: Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165957910","repostId":"2144218770","repostType":2,"repost":{"id":"2144218770","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624060559,"share":"https://ttm.financial/m/news/2144218770?lang=&edition=fundamental","pubTime":"2021-06-19 07:55","market":"us","language":"en","title":"Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144218770","media":"Reuters","summary":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, wh","content":"<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>","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>Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing</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\">\nEx-Tesla president sold stocks worth $247 million since June 10-SEC filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 07:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc&nbsp;executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144218770","content_text":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission $(SEC.UK)$.\nThe filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.\n\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.\nGuillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.\nThe departure of Guillen, one of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.\nStock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.\nIt was not immediately known how much Guillen paid to exercise the options.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165952483,"gmtCreate":1624089468342,"gmtModify":1703828661346,"author":{"id":"3575703544503979","authorId":"3575703544503979","name":"lhl72","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575703544503979","authorIdStr":"3575703544503979"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LI\">$Li Auto(LI)$</a>ok","listText":"<a href=\"https://laohu8.com/S/LI\">$Li Auto(LI)$</a>ok","text":"$Li Auto(LI)$ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165952483","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}