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Unfortunately that fund holds around 40% of its capital in TSLA alone and only ~5% in SpaceX, so not a very good choice for investment. It also uses leverage. G
by b9a2cab5 5y ago
Unfortunately that fund holds around 40% of its capital in TSLA alone and only ~5% in SpaceX, so not a very good choice for investment. It also uses leverage. Great choice if you believe in Elon, not so great choice if you have any semblance of risk management.
- adenadel 5y agoPresumably someone could take other positions to hedge away all of the other holdings in the fund so that (to a first order approximation) their only exposure is SpaceX, right? (I only know the basics of investing)