4 ms·

I finally capitulated and bought a few shares of TSLA, shorting wasn't working.

• Yoric 1y ago
  So you think it's going to raise further?
  • ethbr1 1y ago
    No, they were just scared of missing out.
    • giveita 1y ago
      I stuck some money in Uber at 90 recently based on fundamentals. I might be wrong but at least I used a calculator to be wrong :) and will learn. It needs to beat Sp500 to be considered right.
      • Retric 1y ago
        Saying it’s “right” based on outcome alone is like saying ~half the people in Vegas and betting on black made a good decision. You can win and still have made a poor decision. A better approach is to look at the full range of your bets and try and decide if the betting strategy was good. But that gets difficult when you consider outcomes are linked through wider economic trends.
• giveita 1y ago
  Err... that sounds like gambling sir
  • Scoundreller 1y ago
    Wait until you read about options!
    • giveita 1y ago
      Yeah "that'll go up" but now you have to know "when" and "when do I stop that bet".
  • dgb23 1y ago
    That's why passive index funds and a hands off approach are so often recommended. You cannot really mess up much by buying the whole market and then sitting on it long enough.
    • dash2 1y ago
      Unless you buy the S&P 500 and like half of it is the Magnificent 7, partly driven to that proportion by meme stocks and options gambling.