Our master WU is strong Buy & Hold, never care about fluctuations…
Since TSLA multiplied 15000% in last 10 years, many original big holders may sell as profit taking and move on to next in the investment. This is the key fundamental change going on with TSLA.
AAPL goes through this kind of behavior from investors a few times, hard to say whether they end up better or worse than holding on to AAPL. Anecdotally, I knew a neighbor (in CU) bought AAPL at fairly low price $10 (long ago pre-split) and sold at $70 (long ago pre-split) and regretted it (when it is trading at a few hundred bucks. He lost a bundle in stock market, sold his CU SFH in 2019, and rented a house in SJ.
Who exactly is this Master Panda Wu? Not even worth bringing him up in a conversation in my opinion. Please don’t compare me to him
It might have been worthwhile to jump from one all-in investment to another, such as selling all AAPL and buying TSLA. But there’s your tax consequences and can you really be that good (or lucky) to be right twice. Better strategy would be to never sell. Just borrow margin out from your first investment and use that to buy into what you think is the next big thing.
Petaluma, California - a city of 61,000 residents and 15 square miles in size - has become the first in the country to permanently halt the construction of new gas stations. The legislation will also outlaw new pumps at existing stations and streamline the process for adding more EV infrastructure like electric charging bays and hydrogen fuel cell facilities. The new prohibition is part of Petaluma’s plan to completely phase out carbon emissions by 2030, though other environmental groups (like CONGAS) are pushing for a ban on the entire Sonoma County, which includes Petaluma and eight other cities.
“The goal here is to move away from fossil fuels and to make it as easy as possible to do that,” said D’Lynda Fischer, the city councilor who introduced the measure. “Right now, we have existing fossil fuel stations, and what we want them to do is add [electric vehicle] chargers and create another source of fueling people can use.”
Why is @manch keep quoting stories of “successful investor” whose success is due to TSLA seven folds jump. Cathie, Arne Alsin, that day trader that make $12.7M, … Since is similar to survival biased, should this be called success biased or recency biased? Tell me after 20 years, is their annualized return somewhere ~15-30%? Or below S&P annual return of 7-11%? One or few years of great success doesn’t mean much when we are talking about a lifetime investment.
The stupidity of these cities is beyond belief. Come up with new sources of energy before banning the old. Nuclear is the only alternative. Of course the greenies banned that since 1978. All these EV cars are going to need a lot more electrical energy. Where is going to come from??
Elon Musk is coming up with an EV that solve this issue and healthy lifestyle. Two models, one incorporates a treading mill, the other cycling machine. Brilliant Elon
i havent seen even a single new gas stations in areas that i am very famiiliar with. and that over very long period of time. So any city banning new gas station is nothing burger as no one is investing in this business.