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Yeah, if you make money on a trade it means you were right about the business. The investors in Enron were right too, until it went bankrupt. Nothing is prove
by adam_arthur 5y ago
Yeah, if you make money on a trade it means you were right about the business.
The investors in Enron were right too, until it went bankrupt.
Nothing is proven until the end. I do think Tesla has a large advantage in many respects, and a visionary leader is difficult for more legacy companies to overcome.
I can think of many ways they can expand their margins well beyond traditional auto.
But share price does not speak to any long term truth. Just a snapshot of public expectations of the truth.
- chillacy 5y agoYou can get pretty close to "right and wrong" in the markets if you pick a strike price and expiration date, keeping in mind that "public expectations" are part of the game. I think Taleb puts it well: “Don’t tell me what you think, tell me what you have in your portfolio.”