4 ms·
I think the safer option is to buy a solid competitor that will benefit if the overvalued stock corrects. For example, if you think Ford or BMW will attract inv
by beatgammit 7y ago
I think the safer option is to buy a solid competitor that will benefit if the overvalued stock corrects. For example, if you think Ford or BMW will attract investors if Tesla deflates, buy that instead.
- mrlanderson 7y agoI know it's just an example, but buying ford or bmw in this case just wouldn't work
- vikramkr 7y agoor use options to hedge. You'd really have to be certain about the correlation between tesla and ford/bmw etc for that to make any sense, and I can't imagine that all the elon-worshipping retail investors and the people buying the tesla hype would, if disillusioned, decide to go buy a boring, lame company like Ford. DOesn't seem like the same set of investors
- ta999999171 7y agoOr their top Chinese competitor. Not that I would, but
- xkjkls 7y agoNIO hasn’t exactly been doing well
- xkjkls 7y agoWhat if you think the entire car market is overvalued, but Tesla specifically so?