Puru Saxena

Mar 21

Open: TSLA
Closed: CELH

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Puru parrots Elon Musk… TSLA = Auto + AI + Robotics
Puru parrots social media… Optimus is HUGE and TSLA will start selling humanoid very soon.

After losing huge amount of money after Fed announces rate hikes, Puru blames the buy n hold concept instead of admitting he didn’t fully understand the concept and that his growth stock portfolio is sensitive to rates.

https://twitter.com/saxena_puru/status/1785968493042827618

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No more posting of stock position?

Those who can’t do, teach.

Those who can’t make money in the market, publish worthless research.

2 Likes

Open: ODD PLTR
Closed: ADYEY DLO GLBE

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Weird conclusion. The chart indicates non-stop price gain through time. Did he not understand what is hold? Or he has different definition of “work”? My interpretation of the chart is despite occasional more than 50% declines or no progress for 10-15 years, the CAGR of S&P is 7-11%. S&P is ideal for owning in funds meant for inheritance and ideal for DCA purchase approach for people who don’t like to study stocks and do any research on macro.

Disclosure: I eat more own dog food (belief). Has been DCA purchasing S&P since I landed in USA. The fund is intended to be inherited i.e. no trading, merely DCA purchases and DRIP.

My guess is Mag7.

My guess is NVDA and TSLA.

Puru works hard to beat S&P but…

…underperforms AAPL 17.7%…

Buy & hold is only for broad-based indices e.g. S&P. For individual stocks, companies come and go. For hi tech companies, their lifespan is shorter than traditional companies.