A team from SpaceX is being brought in to overhaul FAA’s air traffic control system

That reason is you either don't want to answer the question or you don't know what level of access the secretary of defense has. But I agree, there is no point in continuing this conversation since you won't answer the question.

 

So lots of top experts in the field dealing with healthcare, would not be financially invested in the healthcare market?

 

Beyond a small amount of stock in a 401k, sure. There are people who spend their entire career studying that stuff. You figure high up megamillionaire executives are the only people who know anything about the healthcare system?

 

No conflict, no interest. At some point you have to trust some kind of expert in a field who may have some conflicts. There usually aren’t experts in a field without some financial investment or ties. Doesn’t mean they are completely incapable of being objective, necessarily.

 

My point is that anyone that is an expert on the healthcare system as a whole and that would need to come from the private sector, would have to be a Healthcare executive and likely be worth tens of millions of dollars, which would mean they would have more than "a small amount stock in a 401k." You are not going to find the level of expertise you would want in someone that is not worth north of several million dollars.

 

So that means we are OK with someone conducting the audits that have potential OCI issues?

 

Like Musk deciding what to cut from NASA's budget? No.

 

their forward p/e is 120. nearly double what it was a year ago.

where are you seeing a forward p/e of 10? I would like to buy some of that

even Nvidia is less than 60

Musk has gone full Howard Hughes. Just a matter of if/ not when. Ketamine is a hell of a drug

 

I believe my lying eyes watching their humanoids move. that and their cheap production capabilities and desire to dominate world industries. i also believe in their ability to steal, extort, or negotiate for base IP and then enhance it with little added cost

 

I think context matters. In some contexts im sure it’s fine. Especially if people are transparent and disclose their conflicts and recuse themselves from the worst of it. This is also where committees could be helpful. If there is a right answer on that I’m open to hearing it lol.

 

Nobody should have access to classified systems if they do not have the proper clearances and a need to know.

 

Yes forward P/E’s by analysts that have never understood Tesla are how I’d base my investment thesis. The addressable market for labor is in the trillions and humanoids are Teslas way of capitalizing on that market. If you believe Tesla is a failing company then short it. That’s worked out very well for people over the past 10 years.

 

So back to the Jamie Dimon example. Would you be OK with Dimon and a team from Wall St doing an audit of Treasury if they disclosed their OCI issues publicly?

 

I certainly don’t feel comfortable making that decision alone lol. I guess if enough people vouched for Dimon and the other members of whatever committee was assigned the task, anb said committee operated transparently I’d be ok.

 

So you think it would have to be a committee and not led by a single person?

 

maybe that’s the higher ed in me. Committees are not the most efficient but they often protect you by stopping a single unscrupulous person, or preventing a single biased person from driving a decision. With notable exceptions. It’s a tough call. For something as important as treasury id prefer more than one person. No more than 5. But again, I’m not pretending to be an expert on setting up audits. Just trying to think through it.

 

Agree. Should Musk have access to classified systems?

 

He should have access to systems he has the clearance for and the need to know. Just like everyone else. I suspect you really have a more specific question though but perhaps don’t know how to ask it.

 

What systems should Musk have the clearance and need-to-know for? Should he be allowed access to anything he wants access to? Because that's what he's gotten so far at treasury, SS admin, etc.