Sunday, September 1, 2019

Fun with numbers for Sep 1, 2019

Apple declines to burn 17 billion, Tesla boosters disappointed.


Ross Gerber, a Tesla booster who provides endless entertainment on TSLA twitter, had an interesting idea (the same idea he's had for the last 4-5 years), that Apple should burn 17 billion dollars instead of giving them to people who hold AAPL stock.


The first Tesla car that was targeted at the general public (as opposed to tech billionaires and centi-millionnaires who wanted to be thought as forward-thinking) was the Model S, introduced in 2012. So we'll use 2012 as the beginning of Tesla as a real car company.

As I write this it's Sunday, September 1st, 2019 and the last TSLA close was on Friday, August 31st at 225.61. We'll compare this number with the stock closing price for the closest date for all years 2012-2018 and compute the annualized growth. Then we use that growth to forecast the evolution of an hypothetical Apple stake of 17 billion.


Using a 5-year growth rate for that tweet was basically the textbook default, but looking at that table, the last two columns really tell an interesting story… didn't Ross suggest Apple buy Tesla in late 2017 and in late 2018? Because the numbers in that table say something about financial acumen.


Calories, calories, calories... What a bunch of nonsense!

This marvel of mechanical engineering is the Siemens STG5-9000HL gas turbine. Running in single-cycle mode at nominal power it takes in almost 59,000 kg of LNG per hour or around 900 MW (Calories in: 755 million kCal/hour) and delivers around 400 MW of spinning power to a generator, for about 360 MWe (Calories out: 310 million kCal/hour) of electrical power.

Wait, what? Isn’t it Calories-In-Calories-Out? Is the turbine getting fatter or something?

No. Running in single-cycle mode the system loses around 60% of its power to unrecovered heat.

This is the real problem with CICO and 'Just Get a Caloric Deficit' recommendations: because no one measures the energy lost in radiated, conducted, and convected heat, or the energy content of urine, feces, and ‘outgassing,’ and because those show large variation across people (and across different situations for the same person, including changes in diet), the whole thing is nothing more than pretend science: like astrology made with computers, adding the trappings of science to a flawed foundation yields nothing valuable.

Well, of no real value, but monetizable; and there’s also the moral posturing afforded by telling others that being fat is proof of their lack of willpower or moral failings. (And, of course, since it doesn’t work, leads to continuing supply of clients.)

Thermodynamics is not a magical incantation. But some people use as if it were.


(I'd be willing to bet that 90% of the people who invoke 'thermodynamics' as a magical incantation to ward off the evil spirits of low-carb diets couldn't have made the junior-high Physics computations in that first paragraph.)


More infrastructure


"How can you take photos of those ugly things when there are all these flowers and rocks?"

Me: because when you understand what these things are, you marvel at the detail, at the functionality, and at the fact that they work to begin with. Also, I photograph nature too.