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FT Alphaville dissed bitcoin and Tesla for 10 years. Not the greatest track record.
by dist-epoch 1y ago
FT Alphaville dissed bitcoin and Tesla for 10 years. Not the greatest track record.
- tadfisher 1y agoAs the saying goes, "the market can remain irrational longer than you can remain solvent." I hope the next fad is to invest in boring companies that employ people and give steady returns, and they can stop replacing all the stores in my city with Dollar Trees.
- dist-epoch 1y agoOk, I have the perfect company for the next fad - https://www.boringcompany.com https://www.boringcompany.com
- tadfisher 1y agoAh, yes, the company famous for the next innovation in public transport: humans slowly driving Teslas through an expensive tunnel.
- disgruntledphd2 1y agoThey also dissed Fyre festival, We Work and basically all of the frauds in the last ten years. Would I use them as my only source? Of course not, but they're definitely useful and (importantly for my point), in the professional finance space. FWIW, I personally think they're correct on both bitcoin and Tesla, but apparently people disagree.