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The assumption is that Tesla is going to knock the market out of its steady state. You aren't going to predict any of those numbers because the space of possibi
by tokipin 10y ago
The assumption is that Tesla is going to knock the market out of its steady state. You aren't going to predict any of those numbers because the space of possibilities is wildly broad for a roiling market. You may as well try to predict the weather a year from now. People instinctively know not to waste time on that.
Put differently, the long argument is a qualitative one, not a quantitative one. This doesn't make it any less intelligent, just harder for people to put into words. See an earlier comment I made[1] about the kind of thing that's meaningful but which is difficult to attach a number to.
And conversely, if you can predict something with numbers, that's a sign that it's stable and less risky, but then the price/ROI will reflect that safety.
[1] https://news.ycombinator.com/item?id=13711871 https://news.ycombinator.com/item?id=13711871