Submitted by OverlookedAlpha t3_y7282u in dataisbeautiful
Comments
VikThorior t1_issi9gw wrote
I am generally against animated plots, because there is almost always a better way to plot the data, but I usually understand the intention behind the animation. However, here, there is no point at all in animating this plot, except proving the world you can animate something and making us lose our time.
roamingkp t1_issim6f wrote
You typing that comment prolly took longer than the clip.
VikThorior t1_issisgg wrote
Yes, so? I indeed do things in my life which take time. Great point.
pood94 t1_issp5t8 wrote
Why is this animated at all?
[deleted] t1_istk697 wrote
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OverlookedAlpha OP t1_isulu5f wrote
Because it's fun
SportySaturn t1_iss7vnn wrote
Musk didn't buy TWTR in April, he offered to buy TWTR for $44 bn.
Musk declared the TWTR deal was on hold and said he was doing it because of spam bots. That's potentially very different from putting it on hold due to spam bots. You're making an unsupportable inference in that statement about Musk's mental state. Your animation strongly motivates a different interpretation for why Musk declared the deal was on hold, so you're sort of working against your point with that wording.
Spillz-2011 t1_ist1f7g wrote
I think the use of buy isn’t that misleading. He signed a legally binding contract to buy twitter. When someone wins a bid to purchase a house they might tell friends they bought a house today even though there are still details to work out.
The on hold is probably wrong, but mostly because that isn’t a thing. Once you sign a legally binding contract you can’t put it on hold.
SportySaturn t1_istl7ez wrote
>I think the use of buy isn’t that misleading. He signed a legallybinding contract to buy twitter. When someone wins a bid to purchase ahouse they might tell friends they bought a house today even thoughthere are still details to work out.
They might, and that'd probably be because they're a first-time home buyer who doesn't understand the process. When you submit an offer and it's countersigned, you are under contract, you haven't bought anything. Source: I was a real estate agent for years and I've owned many dozens of units. You brought up other people misdescribing a different purchase process. It doesn't support op's mislabeling.
ctiger12 t1_issmb5r wrote
Isn’t he manipulating the stock price so he can profit from that? When you have enough money, that’s the way to get more, he did that many times already.
Wise_Mongoose_3930 t1_isso7zo wrote
Seems extremely obvious to me yea
WaterAndMemes t1_ist160g wrote
Then explain it to the rest of us: how does "manipulating" a stock price work after he stated a specific share price he would buy at?
The stock price goes up...and maybe in 6 months he could sell? Even though there's no reason for him to do that and pay capital gains tax.
Or the stock price goes down...and what? He's still buying at the original price.
Spillz-2011 t1_ist0jcs wrote
As far as we know he never profited of his market manipulation of twitter except for in not properly disclosing when he acquired a 5% share in the company.
However, his friends might have if they knew in advance of any of his statements.
I believe that market manipulation is still illegal even if you don’t profit.
[deleted] t1_issd335 wrote
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[deleted] t1_issij2j wrote
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OverlookedAlpha OP t1_iss7ezd wrote
Data: Financial Modelling Prep. Visualisation in R.
salaciousoly t1_isscve1 wrote
I will argue that animating this data made it significantly more difficult to read. On top of that, it loops. Playfair is churning in his grave with every frame.