Aug. 26 at 2:05 PM
$QS
Mr. Cramer says: “I’m not a fan of QuantumScape...I don’t like companies that continue to lose money.”
Reminds me of Trump's cruelty re John McCain: "I like people that weren't captured, okay? I hate to tell you."
Oh if only some people really did "hate to tell you..."
"Lose money"? It's called R&D sir. As in Research. As in Development. As in V, for VISION.
Thomas Edison. Remember him? The lightbulb? Tons of disrupting technologies? 1000 attempts, so goes the story, before he created the lightbulb.
What would you have said back then? "The Edison Electric Light Co., no, since 1878, all it has done is lose money. For two years. I don't like companies that continue to lose money."
"Well, okay, but isn't it worth the risk to bet on him succeeding, like all those wealthy financiers have so far? To bet on his great vision?"
"Nah. He's losing money."
Uh. Hmmm. Seems to us like he's using it. To create the future. Sir.
The World According to Cramer-Gaslight, horse buggies, steam power
