| ▲ | abirch 7 hours ago |
| “in the short run, the market is a voting machine… but in the long run, the market is a weighing machine.” Ben Graham |
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| ▲ | sporkxrocket 7 hours ago | parent [-] |
| It seems like something is broken since TSLA (for example) has been completely divorced from fundamentals since at least 2020. The richest man in the world has the vast majority of his net worth derived from vaporware and straight up fraud. Still wondering when the "weighing machine" kicks in. |
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| ▲ | andrewaylett 6 hours ago | parent | next [-] | | The market can remain irrational for longer than you can remain solvent. | |
| ▲ | abirch 6 hours ago | parent | prev [-] | | Unfortunately it's expensive to short Tesla because Elon and Peter Thiel don't allow their shares to be shorted. Add to that, it's part of the S&P 500. It's going to take a while but I foresee a lot of red for TSLA. We'll see what happens but TSLA is already revising their target of cars sold in Q4 | | |
| ▲ | bdangubic 6 hours ago | parent [-] | | investors have stopped looking at TSLA as a car company awhile ago so car sales will hardly move the price (downward) |
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