JRP3
Hyperactive Member
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A little diversification is generally a good idea, imo. I was 100% all in on Tesla for several years, and it worked out incredibly well, but it's safer and more fun to have a little variety. And occasionally I'll pick a real gem of a stock. Like the IONQ quantum computing stock & call options I bought a month ago.TLDR:
- diversification is for idiots. And he plays snippets of comments echoing the same from high profile investors including Buffett.
- do your research identify 1 or 2 stocks and stick with it.
- And lastly <drum roll> while he continues to hold his current 95% position of $TSLA, every cent of new money is now going to ARKG (genomics).
Please let me know when it goes down then I can buy more, not very interesting until then.
Take them profits and run. I've been stuck in Amazon for long periods in the past and do not relish ever jumping back in it.The only reason to buy any stock at any point in time is because it may never be cheaper. TSLA is no different.
I finally bought some Amazon this year, not a lot but I finally broke down and now I own it. It's appreciated over 16% since then. It could still go below my purchase price but that's not a good reason to sell it now. I wanted to buy Amazon when they were just a bookseller but it seemed far over-priced. I wanted to buy them when they expanded out of books but AMZN still seemed over-priced. There were some dips but none of them seemed to make the price cheap enough. By waiting until 2021 to buy it I've left around $5-$10 million on the table. I would strongly suggest picking some TSLA up before Tesla has profitable divisions beyond auto manufacturing. Because TSLA is probably not much different.
it’s not surprising they continue churning their system that tesla has already disrupted.I can't wait until these dinosaurs (Ford and GM) die out. It is clear they are playing a pretend game when it comes to EVs. They are the problem, NOT part of the solution. They makepromisesfunny noises about EVs while their output is still 99% ICE.
If SMR is right, they both will be bankrupt before the decade is over and we can finally forget about the ICE-age they represent (and try to prolong as long as they can).
Wish there was a hibernation technology so I could sleep through a decade without getting older -- it would probably be good for my investment portfolio too as I could not mess it up by unnecessary trading, just plain ol' HODL.
But for @StealthP3D to pull up my old posts in some weird way to discredit and devalue my opinion is straight up weird. Especially as things are easy to see through a retrospectiscope.
After reading his entire thread, I have concluded one definitely true fact...
The dude really wants a stock split.
Same here. I can't believe that guy went through all that trouble for a few Tweets. I'll buy him a beer of he's right though!I think you're right. I highly doubt there will be a stock split on or announced on 12/9/2021 but, if there is, I'm going to be frickin' amazed!
The beauty of throwing out random predictions like this is if you are wrong nobody remembers, if you are right, you can talk up how awesome your numerological skills are for decades to come.I think you're right. I highly doubt there will be a stock split on or announced on 12/9/2021 but, if there is, I'm going to be frickin' amazed!
Like the opposite of doomsday predictors. If they are wrong, they are the laughing stock. If they are right, they're dead.The beauty of throwing out random predictions like this is if you are wrong nobody remembers, if you are right, you can talk up how awesome your numerological skills are for decades to come.
Oh no - not true. The internet never forgets and 12/09 is not that far away! If he is wrong, no one is going to let him forget it!The beauty of throwing out random predictions like this is if you are wrong nobody remembers, if you are right, you can talk up how awesome your numerological skills are for decades to come.
Who was it tossing around the 11/11 nonsense just a couple of days ago? I sure don’t recall.Oh no - not true. The internet never forgets and 12/09 is not that far away! If he is wrong, no one is going to let him forget it!
But if he is right - agree with others - that would be freaking amazing skills of deduction!
I find myself believing this too - simply because it is such an Elon thing to do - brilliant and quirky at the same time!
All the while made more ironic by the fact that GM Vice Chairman Bob Lutz publicly credited Tesla for doing this very thing as he departed GM.Elon Musk's emoji reply to a tweet that referred to a video in which a speaker made these comments during an EV event earlier today:
“Detroit’s leading the world in electric vehicles.”
"You changed the whole story."
“You did, Mary (Barra); you electrified the entire automobile industry.”
“You led, and it matters.”
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