3 ms·
Tesla has been over-bought for years and everyone knows it, but as Keynes once said: the market can stay irrational longer than you can stay solvent. My strateg
by dvt 1y ago
Tesla has been over-bought for years and everyone knows it, but as Keynes once said: the market can stay irrational longer than you can stay solvent. My strategy has just been to stay away. TSLA could blow up in the next 6 months, or it could go up for the next 6 years. To me, at least, it's not worth f'ing around and finding out, especially when the market as a whole is doing so well.
- wnevets 1y ago> but as Keynes once said: the market can stay irrational longer than you can stay solvent. My strategy has just been to stay away To take it a step a further, you cannot reason people out of a position that they did not reason themselves into.
- clickety_clack 1y agoAnd “bonds are math, stocks are stories”.
- DougN7 1y agoOooh, I like that one! Thanks for sharing it.
- dzhiurgis 1y agoYou forget it can stay flat. Butterfly option otherwise.
- jsbisviewtiful 1y ago> especially when the market as a whole is doing so well. … is it? There was some news maybe within the last month saying only the top 15 or so of s&p companies were the only companies showing healthy growth and everything else below that has barely any growth, is losing value or is stagnant.