SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (1117839)2/15/2019 7:37:30 PM
From: Land Shark  Respond to of 1577025
 
I remember these FatRumpers pissing and moaning about the $200M lost in a loan deal to a solar energy technology company that went bankrupt (which is the risk with start up companies with new technologies). That pales in comparison... WTF are they now with Foxcon-gate????



To: sylvester80 who wrote (1117839)2/16/2019 7:44:46 AM
From: RetiredNow1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1577025
 
Here's what Charlie Munger has to say about idiotic people like you and the Socialists:

Berkshire’s Charlie Munger has a very blunt response to those ‘driving rich people away’ as Amazon scraps HQ2
Charlie Munger, vice chairman of Berkshire Hathaway Inc.‘It’s been serious. Driving the rich people out is pretty dumb if you’re a state or a city.’ That is the famously plain-spoken Charlie Munger, speaking to CNBC’s Becky Quick in an interview on the network that aired on Friday.

“They’re old. They keep your hospitals busy. They don’t burden your schools, the police department, your prisons. They give a lot. Who wouldn’t want rich people?”

The nonagenarian’s comments come as Amazon.com Inc. AMZN, -0.91% announced on Thursday that it was canceling plans to build its New York City headquarters in Long Island City, and wouldn’t be seeking a replacement venue.

The company, run by Jeff Bezos, ultimately opted to declare a number of winning cities rather than one. Although the Long Island City plan has been abandoned, projects in Crystal City neighborhood of Arlington, Va., an operations facility in Nashville, Tenn., are expected to proceed.

The hoped-for HQ2 was expected to bring an estimated 25,000 jobs to the New York area in exchange for $3 billion in state and local tax breaks, which many politicians, notably freshmen Congresswoman Alexandria Ocasio-Cortez, have opposed adamantly.

“There are a number of places that have shot themselves in the foot; Connecticut, California, New York City,” Munger told CNBC. The 95-year-old Munger, who is vice chairman of Warren Buffett’s Berkshire Hathaway, is known for his methodical, straight-talking, and unequivocating responses.

Munger also is chairman of the Daily Journal Corp. DJCO, +0.17% which just held its annual meeting on Feb. 14.

Check out part of Munger’s CNBC interview below:

marketwatch.com