3 ms·

Maybe this is just what the top of bubbles feels like. I can’t explain the stock price either, other than human irrational exuberance.

• beamatronic 7y ago
  Is your taxi driver or your hairdresser talking about buying TSLA themselves? That’s how you know.
  • shawnz 7y ago
    What should I do if my taxi driver is talking about buying shares in a low cost total market index fund?
    • Strom 7y ago
      Commend them for their wisdom.
• daxorid 7y ago
  There's also TA bots. Both algorithmic and human traders who will eschew a stock at $280 but consider it a buy at $430 because it crossed some magical technical level, without anything fundamental having changed about the underlying company. These traders tend to conduct the opposite of the value strategy, often buying all-time highs for no other reason than it hit an all time high.