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re: Tesla - Buy or Sell?
Posted on 5/10/13 at 11:24 pm to Tigah in the ATL
Posted on 5/10/13 at 11:24 pm to Tigah in the ATL
quote:
Buffet says never invest in emerging technology.
I think that technically he simply says that he doesn't because it's part of his larger philosophy of not investing in things that he doesn't understand.
2
Posted on 5/10/13 at 11:46 pm to Walking the Earth
quote:he specifically has said that emerging technologies are capital killers.
I think that technically he simply says that he doesn't because it's part of his larger philosophy of not investing in things that he doesn't understand.
Far more losers than winners in automobiles, for example. If you picked Ford you did great. Packard not so much. Same for airplanes, trains, computers, etc.
There may be electric car companies one day. Only time will tell if Tesla is one of them.
ETA: I met a guy last week who has the sedan.
This post was edited on 5/10/13 at 11:47 pm
Posted on 8/7/13 at 6:01 pm to Walking the Earth
quote:words to live by. I also have a policy against buying ideas instead of results.
philosophy of not investing in things that he doesn't understand.
This post was edited on 8/7/13 at 6:04 pm
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