drwhat posted:

i know buyouts happen, but what Musk is describing is not even really buying out, it's the conversion of public shares to private with some slight of hand and misdirection so people stop asking him where the cars are.

sleight
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See also: Sleight

Contents
1 English
1.1 Etymology
1.2 Pronunciation
1.3 Noun
1.3.1 Derived terms
1.4 Anagrams
English
Etymology
From Middle English sleighte, sleght, sleythe, from Old Norse slœgð (“cunning”), from slœgr (“sly”).

Pronunciation
Rhymes: -aɪt
Homophones: slight
Noun
sleight (plural sleights)

Cunning; craft; artful practice.
An artful trick; sly artifice; a feat so dexterous that the manner of performance escapes observation.
Dexterous practice; dexterity; skill.
Derived terms
sleight of hand
sleighty
Anagrams
Leights
Categories: English terms inherited from Middle EnglishEnglish terms derived from Middle EnglishEnglish terms derived from Old NorseEnglish lemmasEnglish nounsEnglish countable nounsEnglish words not following the I before E except after C rule

Aspie_Muslim_Economist_ posted:

You know the real master of "slight of hand"?? Donald Drumpf

Azealia Banks Says She Camped Out at Elon Musk's Home Waiting for Grimes

The rapper previously teased fans about her collaboration with Musk's girlfriend Grimes for her upcoming album 'Fantasea II: The Second Wave'.

Aug 14, 2018

AceShowbiz - Rapper Azealia Banks spent her weekend holed up at tech mogul Elon Musk's home waiting for his singer girlfriend Grimes to return so they can complete their collaboration.

The 212 star took to her Instagram Story timeline on Sunday, August 12 to complain about being left all alone at the Los Angeles property, with no clue as to when Grimes would be arriving.

"Literally been sitting at Elon Musks (sic) waiting for Grimes to show up and start these sessions," Azealia wrote. "I have no idea when she is coming back. I'm going to wait one more day then I'm going to go home".

She subsequently claimed she felt uncomfortable during the visit, and compared the trip to Jordan Peele's hit horror movie Get Out.

"Staying at Elon Musks (sic) house has been like a real life episode of 'Get Out,'" she added, without offering up any further details.

Azealia had previously teased fans about her work with Grimes, revealing it was one of two final songs she was completing for her upcoming album Fantasea II: The Second Wave, which has reportedly since been scrapped, according to Billboard.com.

It's not known if Azealia was able to get in touch with Grimes, but she later blasted the singer, reportedly branding her a "dirty-sneaker-inbred-out of the woods Pabst beer p**sy methhead-junkie", and took aim at Tesla co-founder Musk, slamming him as a "trash a** beta male" with "pork skin" in now-deleted Instagram Story posts.

Grimes has yet to comment directly on Banks' social media outburst, but when one Twitter follower asked what was going on with the collaboration, she suggested it was still in the works.

"well I've started like 4 beats for her now lol (laugh out loud)," the musician replied. "she has to come to la to finish".

Meanwhile, Musk claims he has no idea why the controversial rapper attacked him online. In a direct message exchange with Gizmodo.com writers on Twitter, he insisted he "has never even met (Banks) or communicated with her in any way".

shriekingviolet posted:

generic insults

um, these insults are nothing but generic, alealia banks is a savage bruja who just owned elon busk beyond recovery with 2018's best piece of tech journalism yet

Salvation_SpaceForce posted:

I mean Wall st. generates revenue off trades not increase in value. Volatility has a value to the investment class. Things are worth what the speculators will pay for them, but they are fickle. And the more things fluctuate the more trades and the more their existence is justified. The story of Kiley Jenner destroying Snapchat with an Instagram Post is a case study in the how stock market is more like a high school than anything.

all wrong

1/2 hr, bringing Model 3 home, run in to heavy rain on the streets & bumper comes off #devastated @Tesla #help @elonmusk pic.twitter.com/mOh2UAjWWr

— rithesh (@rithesh) August 12, 2018

Salvation_SpaceForce posted:

I mean Wall st. generates revenue off trades not increase in value. Volatility has a value to the investment class. Things are worth what the speculators will pay for them, but they are fickle. And the more things fluctuate the more trades and the more their existence is justified. The story of Kiley Jenner destroying Snapchat with an Instagram Post is a case study in the how stock market is more like a high school than anything.

i should expand on what is wrong with this

1. i think anyone can see that the statement "Wall st. generates revenue off trades not increase in value" is crap. First off "wall st." im guessing is being used as a catch all for stock markets? financial services? banking? All these things are essential to the functioning of US imperialism and essentially capitalism itself (though of course other imperialist countries maintain their own financial centres which have their own strength), they are not superfluous - at its very simplest ask a capitalist about borrowing from the bank to cover payroll, or large fixed capital expenditure

2. "Volatility has a value to the investment class" - what "investment class?" capitalists i am assuming? and would speculate that u are referring to finance capitalists? And while volatility might result in an individual capitalist making money through betting, it results in another losing money - overall this tends to equal itself out. If someone buys low and sells high, it means that someone else has sold low and now has to buy high - these cancel each other out, and do so at the overall level too - this is pretty much the myth of how to make money in capitalism - at very best this is merchant capitalism, a real thing that can be discussed - but it is not industrial-finance capitalism which is the dominant social relation.

"wall st." is not an organisation of merchant capitalists crying out for massive volatility so they can buy low then sell high.

"Wall st." is in fact an essential part of the capitalist system without which capitalism itself could not exist - stock markets are the essential method of allocating capital to different branches of industry and facilitate the equalisation of the rate of profit across all spheres of capitalism. it is not not not a group of speculators deliberately driving volatility so they can make bank. this is literally occupy wall st level of analysis of capitalism, that if only we could get rid of the parasitic bankers capitalism would be...better?

3. volatility is driven by very real underlying factors, and if volatility is increasing its a sign that things are going pretty fucky - the increase in trades during periods of volatility are a reflection of capitalists all going oooooooo, this is bad gotta do something, and transferring capital between different fields, whether as industrial capital, money capital, finance capital etc etc.

4. [this part removed see below, it was all about "value" as oppesed to "valuation" when it comes to market capitalisation, u can get the same message if you read my previous post itt, post number 638 ]

5. and finally kylie jenner did not “destroy” snapchat, she highlighted its potential inability to return surplus value on capital investment, resulting in a correction




edit: i cut point 4, sorry but it needed work/a whole other post to really make sure i explained things right, i think my essential point comes across regardless, check out the previous post #638 if u want

Edited by tears (Aug. 18, 2018 09:46:41)