Have been killed to this point? True, but I'm sure you're aware of The Black Swan. One only profits in the market when they sell (especially for a no dividend growth stock); obviously you haven't. Tesla's had a wonderful 6 year run, no doubt about it. Many people confuse themselves as great investors in the market run we've had for the past 8 years when in fact a monkey picking stocks could look like Warren Buffet in this market. The great investors make their money in the down markets, when the confused ones patting themselves on the back all the way up are left shirtless.

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Posted by dabigfella

Member since Mar 2016

6687 posts

Posted on 4/27/17 at 12:10 pm to Novae

well the great investors can see that Teslas real value far exceeds the $50B market cap when something like mobile eye can get get $15B for its mediocre self driving software which tesla decided to just build in house. Tesla vision is worth significantly more than what intel just bought for $15B.

Being a great investor is about envisioning the future and taking the risks needed to achieve outsized returns. If one wants safety, you can invest in ford or GM and get nominal returns for the rest of your life, I personally try to find pockets of growth and yes the bull market has inflated some names, but the growth were seeing in tesla,amazon,google was going to happen regardless of the bullmarket. The bull market has overinflated the garbage 30 dow companies without a doubt when you have a cereal maker like kellog trading at 45x earnings, but the high growth companies are fine.

I genuinely feel honored to have garnered 10% of your post history over the last 12 years

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