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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 05-10-2019, 07:17 AM   #2821
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Anybody buying UBER this morning. IPO opening at $45
I'm getting in.
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Old 05-10-2019, 07:21 AM   #2822
Buehler445 Buehler445 is offline
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Ummmm....

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Old 05-10-2019, 08:08 AM   #2823
Hog's Gone Fishin Hog's Gone Fishin is offline
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Yeah, they haven't made any money at all but they are the biggest in the business. Netflix,facebook etc.....

I throwing 2K at it for shits and giggles. Not going to look at it for 2 years.
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Old 05-10-2019, 08:11 AM   #2824
Buehler445 Buehler445 is offline
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Yeah, they haven't made any money at all but they are the biggest in the business. Netflix,facebook etc.....

I throwing 2K at it for shits and giggles. Not going to look at it for 2 years.
Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
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Old 05-10-2019, 08:37 AM   #2825
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I don't want to ruin my last move, but will reluctantly put a little in and hope for a quick emotional move. Can't let Hog have all the fun!
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Old 05-10-2019, 08:40 AM   #2826
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There will probably be some initial excitement, but it's going to tank just like Lyft.
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Old 05-10-2019, 08:43 AM   #2827
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Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
Stocks smocks, I'll hook them up with half a farm and they can roll in the dirt, shoot deer, and pee on their very own trees any time they want! I really just want to control who my neighbor is and can't afford to buy the whole place. Raiders fans need not apply!
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Old 05-10-2019, 08:56 AM   #2828
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Originally Posted by Buehler445 View Post
Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
Love You Brother but

HELL NO!


Done with the ag business.
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Old 05-10-2019, 08:58 AM   #2829
Hog's Gone Fishin Hog's Gone Fishin is offline
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There will probably be some initial excitement, but it's going to tank just like Lyft.
Near term you're probably right. I think long term it's got a real shot at pulling off a FB or AMZN type run.
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Old 05-10-2019, 10:18 AM   #2830
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Love You Brother but

HELL NO!


Done with the ag business.
I MAKE MORE MONEY THAN UBER GODDAMN IT
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Old 05-10-2019, 10:42 AM   #2831
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Old 05-10-2019, 10:43 AM   #2832
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**** you Trump. **** you China.
Throw in the **** you, USDA, and I'll cosign the statement.
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Old 05-10-2019, 10:49 AM   #2833
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It seems like driverless cars will completely change Uber's business model soon. They'll eliminate drivers and just buy driverless cars. Will this turn them into profit giant if they keep 100 percent of revenues? Or will it just continue to be a chase for low fares with their competitors?

And if we have driverless cars, do I just send my car out on its own working under uber, in which case the cost to passengers continues to go down, but I have to be above break-even as an owner, so it's just the same story as now but at lower price levels? Not sure how that'll play out.
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Old 05-10-2019, 11:24 AM   #2834
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It seems like driverless cars will completely change Uber's business model soon. They'll eliminate drivers and just buy driverless cars. Will this turn them into profit giant if they keep 100 percent of revenues? Or will it just continue to be a chase for low fares with their competitors?

And if we have driverless cars, do I just send my car out on its own working under uber, in which case the cost to passengers continues to go down, but I have to be above break-even as an owner, so it's just the same story as now but at lower price levels? Not sure how that'll play out.
I wouldn’t project that any time soon.

I feel like a broken record, but my understanding of the liability rules are that if there is liability to be assessed it goes to the driver. No driver would indicate that it would fall to the manufacturer, because the machine is then responsible for collision avoidance.

Manufacturers aren’t going to play that way.

That’s my admittedly limited understanding of the situation. There has been technology for automated tractors at the very least in the field level for better than a decade and my understanding is liability is what keeps it on the shelf.
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Old 05-10-2019, 03:04 PM   #2835
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I feel like a broken record, but my understanding of the liability rules are that if there is liability to be assessed it goes to the driver. No driver would indicate that it would fall to the manufacturer, because the machine is then responsible for collision avoidance.
I'm not sure on tractors. Do people tractor all day/everyday? There is also scale. If you have 10 tractor drivers you can get rid by automating, your insurance is going to be really costly versus a company with 500k drivers.

I think a key difference is Uber/Lyft already provide collision, liability, 3rd party insurance, under or uninsured motorist coverage to it's human drivers. It's really just a matter of the math working out via human labor costs vs autonomy costs and any delta in insurance payments. Uber is trying to create their own autonomy platform. They could buy a ford install it and then they'd be responsible. I don't think that's how it'll work but there will be several models. I also think it's a long way off outside of niche things.

Lyft has a few Google/Waymo cars out on the road in Phoenix now
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