Citizen-T
Active Member
Yea, this line of thinking always just completely goes over my head. Why would I ever root against a company I've invested in? If I want the stock to drop, I should be completely divested and shorting it. If I think the stock is going up, I want to be completely invested. That maximizes expected value. If the goal is risk mitigation, that's different.
Mostly the depressed part is because the stock movement is just completely irrational to me by anything I'd think would make a meaningful measure on a company like Tesla (startup, everything is growth based rather than value based). I don't like it when things make no sense to me
It's not a sports team.
You need to think about the stock market more like a supermarket. I like Coke, I don't want the company to go bankrupt. But when I go to the store today, I'm going to be hoping that it is on sale. Because I want more of it, and I'd rather not pay what I actually think it is worth. I want to pay less than that.