I guess you must know that this is Presidents Day.  Congress in 1971 combined Washington's and Lincoln's birthdays into one holiday for all presidents.  Also a day for shopping.  In fact, did you know that  Amazon has a Presidents Day 40% off sale ?  If you scroll down, you will see items you don't need for more than 50% off.  Anyway, good time to focus on the current president and his  5150  president, Elon Musk. The  New York Times  this morning indicated that President Donald Trump's bulldozing the federal bureaucracy makes Democrats almost envious, but of course brings up the matter of a Constitutional Crisis. Democrats may not approve of Trump’s targets — foreign aid and consumer protection agencies — or the   potential constitutional crisis   he initiated when he tried to eliminate them. But some Democrats might envy the speed at which he cut through red tape. After all, liberal lawmakers have for years complained about b...

I was reading the latest TIME of the 100 most influential companies and saw a note that Tesla's market cap was around $700 billion , while General Motors was under $100 billio n.  Turns out that today this figure for Tesla is $567 billion, even though General Motors sold 6.8 million cars in 2020 while Tesla only sold half a million.  Part of this market cap value is the stock value of the company, and GE sold 8.5 million vehicles in 2018.  You got to wonder if Tesla is monstrously overvalued.  If you were wondering why Reese Witherspoon was on the cover, her company has been really influential. Later, I saw that one with even fewer assets, Facebook, had a market cap of $890 billion .  What is market cap?  Simply, multiply the total number of outstanding shares by the current market price.  Has nothing to do with what they are really worth. Then, I saw that Tencent, a Chinese company, is the most valuable company in Asia with a worth of $750 billion ....