GM
General Motors Company
stock NYSE

Poor Mans Covered PUT on UBER & GM.
Long leaps, short weeklies or monthlies.

I’ve gone back and forth on this, and have a few thoughts:
1. The largest non-US companies generally have significant exposure to US market. (Toyota, Samsung, SAP, etc would all be significantly impacted by a US “lost decade”)
2. The largest US companies generally have significant exposure selling internationally. (Coca cola, P&G, Microsoft, Apple, etc all are selling around the world, and if the US underperformed economically for some reason, international sales would become a bigger portion of total sales for those companies)
3. The ones that don’t, typically aren’t growth companies. Emerging markets theoretically offer higher risk, higher reward, but in reality, owning shares of a local bank in Argentina, or a local brewery in Asia seems like it adds significant country risk, while not really offering greater growth than the mix of companies in the same industry (eg other banks or breweries in S&P500, who likely are also competing in those same individual country markets .)
4. There could be a few exceptions to this. A company like BYD (Chinese car company) isn’t selling in the US right now, but has the potential to dramatically impact global car market. Having other exposure in the same industry (eg owning GM and Ford in VOO) doesn’t really capture that potential. At the same time, by company weight, for most people, adding an individual holding like that would be a minute amount, with the juice perhaps not being worth the squeeze, so to speak.
That said, I have some VTI that has a little international exposure, even though it’s 95%+ US based companies.

Thanks, good to see lidar getting more attention. Rivian, Ford and GM all moving to build lidar into new vehicle platforms is music to my ears. Only wish there was a transcript I could skim instead of listening to this slow moving conversation.

Meta fell for the bait. This reminded me of GM partnering with Nikola. LOL

I'm having an issue on Trader+ on Windows (4.4.1.7). On the 1 minute timeframe, it frequently skips 15 minutes of data, resulting in a gap. I noticed this because I trade liquid stocks that really don't see intraday gaps.
The gap appears to be different for different securities. In this example on TQQQ, there's a jump between 09:57 and 10:12. On GM, the gap is between 09:59 and 10:14.
If this isn't the correct venue through which to report bugs, please let me know.
Steps to reproduce:
\- Choose a security
\- Look at recent/latest candles for gaps in data.
https://reddit.com/link/1rpya2q/video/n15jpas488og1/player

GM, they need new cars

GM from NW 🇬🇧! Have a gr8 Mario day all! Let’s gooooooo! 🚀🚀🚀💥📈🍻🤑

Ford and GM [rolling out L3 in 2028](https://www.reuters.com/business/autos-transportation/ford-offer-its-first-eyes-off-driver-assistance-system-2028-2026-01-08/). Multiple OEMs are beyond fiddling around fwiw. Using their own systems with cheaper satellite sensors.

Yes but he wasn't a GM employee he was technically a Delphi employee they are a spin off of GM and do a lot of their parts manufacturing. At the time of the pension cuts delphi had been separate for like 10-12 years. But that's not the point either way.
Bailing out in this context means for people who did everything right but still got rammed up the ass. Kinda of like people who went to the scam colleges and had debts forgiven. But no the people currently receiving social security have not paid into it their whole lives it was started actually collecting real money in 79 before that it was like 1% meaning most people collecting had quite a few relatively 'free years'
As far as not everyone has the funds...so your solution is a tax on people with no money? Don't get me wrong a forced savings account might not be a bad thing. Cause you can't comeback with they have no money so we must take emoney to help them that gets a bit cyclical... In your worlds they have money for a social security tax but if we didn't tax them that money would disappear?? but besides that, Again anyone who pays in is welcome to take out I'm just saying I should be able to opt out. Even if I don't hit the maximum threshold I should be able to opt out of the program. I'm better than the govt at funding my retirement.
To your next point. We don't have the funds, we have -40T in funds. The T is deceptive I know but that's 40,000,000,000,000

No, there was an 80 year old man that retired from GM and had to work at a grocery store to pay a his wife’s medical bills. So it seems this is a common problem? That is two layers of failure in our system right there.
What exactly do you mean bailing out? People pay into social security their whole life.
Not everyone has the funds to invest in things when they’re just trying to survive. Be grateful that you can invest and stop shitting on others for collecting ENTITLMENTS that they pay into.
You can’t collect any SS if you never worked and aren’t disabled.
It amazes me people are arguing against social safety nets while we waste billions on missiles in a war we shouldn’t be in. We absolutely have the funds, and if you’re so bothered about where your tax dollars are going, be consistent at least.

You mean like the dude who retired from GM and lost it when they when bankrupt?
What an irresponsible individual. Social safety nets and regulation totally wouldn’t have helped.
We’re so fucking cooked.

**Teenage years:** I started investing in earnest around age 18. Had a little money and thought because I read books from Peter Lynch, etc. that I knew my shit. I didn’t do too bad honestly but that was just after the recession of the early 90’s and the turnaround lifted all boats. That was probably a really bad outcome for me early because I thought I had skills.
**Twenties:** Saved heavily with my first real, full time job. Progress was slow but real. I still thought I was hot shit. Picking individual stocks, chasing returns, etc. I still thought I knew how to select stocks. I still came out OK, essentially matching the market but had one dud: lost everything in GM during the GFC. I thought for sure the government would save an iconic American auto maker. I was half right: they bailed out GM but only after it went bankrupt & all equity holders were wiped out.
**Thirties:** Humbled but still way too cocky, thinking I can still beat the market. Humbled in that I survived a big wave of layoffs from the GFC but cocky because 1) I was buying at depressed prices throughout the lost decade and 2) picked up a bit of Microsoft in the waning days of Steve Ballmer when it was dirt cheap.
**Forties:** Hit 7 figures and saw explosive growth in one of the longest bull market in history. All that aggressive savings early is really paying off. The possibility of an early retirement seemed like a very real possibility. Began to think more about protecting what I have. The latter half of my 40’s I think I got cured of individual stocks.
**Fifties:** Only 1 year in but moved my allocation to a risk parity style portfolio in preparation for an early retirement within 1-3 years. The only individual stock I have is MSFT still though it makes up a part of my Large Cap Growth sleeve. I understand that introduces a little more risk but I am at peace.
**The lessons:**
1/ Saving aggressively early really saved my ass from some dumb, naïve mistakes.
2/ The era you start your investing career in makes a **HUGE** difference. I was lucky to have started right after the dot com bust while saving 15-20% of my salary. It primed me for what was to come.
3/ You can’t beat the markets. Everyone gets this. It’s just a matter of time. But the earlier you learn it, the better off you are. Unless you truly are exceptional, you can’t beat the markets. I am convinced that even some of the superstars we celebrate for their investing prowess was just from dumb luck. Dumb luck can account for a decade of above market performance.

GM! Have an awesome week 🚀🌙💜
https://i.redd.it/5l1pnpjje0og1.gif