Investment & Investing

You are reading a single comment by @hugo7 and its replies. Click here to read the full conversation.

•

ChasnotRobert in reply to @PQR

yes, that's about right. he's been short on Tesla during the time its stock doubled in value.

•

hugo7 in reply to @ChasnotRobert

short on Tesla

Hardly an expert or anything, but it seems like such an odd thing to short.

It's value is totally irrational and bears no correlation to anything. To me, as a layman, that seems to match the phrase, "the market can stay irrational longer than you can stay liquid", down to a tea.

•

ChasnotRobert in reply to @hugo7

Agreed, but there is a view that these things will eventually revert to traditional value metrics.

Which some of them will, eventually.

It's just a question of which ones, and when, and whether you will have been forced out of the position long before then.

About

Avatar for hugo7 @hugo7 started