1/ Just finished Stephen Bungay's "The Most Dangerous Enemy" about The Battle of Britain (Aurum Press 2000). There is no way I can do justice to the book, but here are a few things to say...
2/ The book is supremely well researched, and brilliantly organized. It also upsets many myths about the 1940 battle, when the UK stood alone. More importantly, Bungay is a scholar, a poet, a contrarian thinker (open to all data), and...
3/ ...he extensively researched the facts of what actually happened, consulting both UK and German records, cutting through (and explaining the "why" of) the exaggerated claims each side made at the time.
4/ Every page of the book is gripping, either in its account of the happenings, or its insights in to the personalities, or in its assessments of what it all meant. But, get behind the details of aerial warfare, and dig deeply into the meaning of life....
5/ That is what the bookends do. The extraordinary Introduction & Prologue at the start. The deeply moving Appraisal, Meanings, Epilogue, and Postscript at the end. I have read many magnificent WW2 histories, but none this profound in every sense.
6/ I am grateful to know of the unappreciated but invaluable contributions to the freedom (ever fainter, ever more fleeting, but still a great feature of my lifetime) we enjoy today thanks to E.B. Ashmore, Henry Tizard, Robert Watson-Watt, Sydney Camm, Reginald Mitchell...
7/ ...Ernest Hives, Ralph Sorley, Hugh Dowding, Keith Park... Okay, I'm guessing most of you are unfamiliar with all of the first nine. Number ten you know: Winston Churchill.
8/ Each of them receives a proper appreciation, with important context. But, alongside them, you will meet some unforgettable pilots on both sides of the conflict. Most extraordinary: Robert Doe & James Sanders, but so, so many others, many of whom perished.
9/ And, you will never forget the courage, heroism, determination, and invaluable contribution of the Polish pilots. Hard to imagine it could have been done without them.
10/ Heinkel, Messerschmit 109 & 110, Spitfire, Hurricane, Blenheim... you'll meet the whole cast of aircraft characters, come to appreciate their virtues & vices, and how they were handled & mishandled...
11/ But to the main point. This is history. This is poetry. This is brilliant insight. I cannot recommend it highly enough.
amazon.com/Most-Dangerous…
12/ I should mention that Churchill was even more apprehensive about The Battle of the Atlantic than The Battle of Britain. That battle was crucial, and is often overlooked, as much of it happened before the US entered the war. Excellent book here: amazon.com/Battle-Atlanti…

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More from @montana_skeptic

30 Mar
1/ Elon sez a cell shortage will constrain $tsla Semi production. More fraud? Another SEC Consent & Final Judgment violation? Let's explore... Image
2/ To even come close to its promised specifications, the $tsla Semi will need to use the 4680 battery. Not just any 4680 battery, which several other cell manufacturers are already making. But the 4680 battery Tubby Hairplugs boasted about on Battery Day.
3/ $TSLA began pumping the dry electrode coating process when it acquired Maxwell Technologies two years ago. Naturally, its army of cultist followers swallowed the story whole. Example here:

Read 9 tweets
26 Mar
1/ Sometimes I write an article that manages to obscure the main points. It happened today, when @SeekingAlpha published my latest collaboration with MaxedOutMama. Here, I'll explain how the conclusion should have read. Here's a link to the article.

seekingalpha.com/article/441626…
2/ The key point I should have stressed is that $TSLA's return on investment in China is going to be far more modest than its fans (& analysts, & the biz media, but I repeat myself) believe. Indeed, China may become a capital drain. Why? Several reasons:
3/ First, China's NEV Plan requires sharing, collaboration, and standardization (of battery swapping, charging infrastructure, etc) that will remove some of Tesla's key advantages.
Read 11 tweets
17 Mar
1/ Allow me a thread on this German $tsla & @elonmusk documentary. First, thank you, @russ1mitchell, for calling it to our attention. And, yes, it is well done, and it was heartening to see @CristinaIBalan have an opportunity to tell a small part of her story.
2/ One hesitates to quibble at a production so fine, but there are some serious shortcomings that should be mentioned...
3/ ...For instance, the idea that Musk was responsible for the success of PayPal is nonsense, and has been amply debunked by many, most especially by @Tweetermeyer in his superb book, Ludicrous. Still the best book out there about both Musk and Tesla. amazon.com/Ludicrous-Unva…
Read 16 tweets
26 Feb
1/ Cathie was one of the two $tsla bulls on a “Tesla debate“ panel at the 2018 Robinhood Conference (no, not that Robin Hood). Gordon Johnson & I were the bears. Looking Cathie in the eye on that occasion, I couldn’t decide whether she was crazy or merely cynical.
2/ At the time, I thought Cathie’s Tesla target price of $4000 per share was insane. How wrong I was. Her target was not insane. The market was insane.
3/ But ask yourself: Who benefited from this insanity? Who fed it? With what motives? With what absurd projections and models? With what endless cynicism?
Read 6 tweets
21 Jan
1/ The analysts think $TSLA will sell some 820k (+ or - 50k) cars in 2021, with more than 80% of the growth coming in China. MaxedOutMama & I say otherwise:

seekingalpha.com/article/440024…
2/ Much of this article is the summation of a data-dense, fact-intensive blog post by MaxedOutMama. It's another superb piece of work by her. In a just world, she would have more followers than I do.

seekingalpha.com/instablog/4860…
3/ There's also some detail about an intriguing new lawsuit alleging serious misbehavior by $TSLA regarding OTA updates to disguise battery degradation & evade warranty obligations. Thanks to @PlainSite for making the federal court complaint readily available.
Read 4 tweets
7 Jan
1/ The last time Elon Musk faced a defamation claim, he richly deserved to lose. He smeared a true hero, Vernon Unsworth, calling him a pedophile. Some might suspect projection on Musk's part...
2/ Unfortunately, Unsworth hired L. Lin Wood (I'm now blocked by Wood, but his Twitter handle is @LLinWood).

The choice was not illogical. Wood had settled many high-profile defamation cases, though it appeared he tried few, if any.
3/ Wood's work in pretrial briefing and discovery was impressive. He survived various efforts to dismiss the case, and developed a powerful body of evidence for trial.
Read 17 tweets

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