Read Rat-Race Escape!
- Mar 15, 2018
What exactly gives you the confidence in Tesla? The low P/E ratio?Damn guys, don't you tease the Tesla investor
Am holding position of about 300k now in TSLA. Started first investing 7 years ago in Tesla. Switched from small Amazon bet to Tesla as I saw more potential. And still betting that Tesla will 5x or more in 10 years.
But had I - say - first started a Company, sold it and then invested to Tesla with bigger bet size, would be now much better. MJ's philosophy holds.
To tie back to topic. Great companies often look pricy. But if you have long term View and reason to believe that market does not Account for everything, the price might not be too pricy after all.
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