Great list of questions Kevin. I would perhaps suggest adding two more dealing with the food chain of the company itself. Customers and suppliers are critical, and they are not static. For instance, a management shakeup in a major competitor might now make that competitor that much more competitive/aggressive. Changes in their systems for product/service offerings might also test resilience. Equally this applies to customers, particularly major customers.
I own 3,500 shares (cost basis $26) of Tesla and am currently reading Security Analysis by Ben Graham/ Dodd. There is just so much about investing that is unknowable. Today we have so much more data, research just a click away. Yet even with this we can't really know the future. I know Tesla doesn't check all the boxes for typical value investors or growth investors either. But Musk is such an unusual character that I can't bet against him. It is like betting against Tom Brady. He is 3 touchdowns behind late in the 3rd quarter, but more often than not he finds a way to win!!! So I will buy more shares should a recession manifest itself. Whatever it is, I can be sure Musk will have an answer for it. This isn't very scientific or rational, but I have to call them as I see them. I read both the biographies on Musk and I can assure you they won't be making many more like him any time soon. He, like Brady, is not money motivated. They both just have to win, and prepare like no one else to do that. I wouldn't bet the farm on Tesla either, but I am confident that they have a long way to go and that volatility will be with the stock for at least another 10 years. Great article.
I agree. There are sometimes very unique people that can just defy the laws of gravity.(I've got the same experience with a private company where the Financials don't look that great but the CEO is a force of nature) I sadly never invested in Tesla, but I heard he's working on his master plan part 4. Who knows what he'll be aiming for next!
Plenty of opportunity to buy Tesla going forward unless they solve FSD in the next 12 months. Accumulate it on weakness gradually just a few shares. A recession will tank the stock in the company's current form. All these great companies seem to present great opportunities even after they have proven themselves. But you have to have cash and be ready to buy, understand what you are buying.
Great list of questions Kevin. I would perhaps suggest adding two more dealing with the food chain of the company itself. Customers and suppliers are critical, and they are not static. For instance, a management shakeup in a major competitor might now make that competitor that much more competitive/aggressive. Changes in their systems for product/service offerings might also test resilience. Equally this applies to customers, particularly major customers.
Maybe you have this covered in question 10.
Thanks for the feedback. It relates to question 10 but you're right, I should be a lot more specific about it. Cheers!
I own 3,500 shares (cost basis $26) of Tesla and am currently reading Security Analysis by Ben Graham/ Dodd. There is just so much about investing that is unknowable. Today we have so much more data, research just a click away. Yet even with this we can't really know the future. I know Tesla doesn't check all the boxes for typical value investors or growth investors either. But Musk is such an unusual character that I can't bet against him. It is like betting against Tom Brady. He is 3 touchdowns behind late in the 3rd quarter, but more often than not he finds a way to win!!! So I will buy more shares should a recession manifest itself. Whatever it is, I can be sure Musk will have an answer for it. This isn't very scientific or rational, but I have to call them as I see them. I read both the biographies on Musk and I can assure you they won't be making many more like him any time soon. He, like Brady, is not money motivated. They both just have to win, and prepare like no one else to do that. I wouldn't bet the farm on Tesla either, but I am confident that they have a long way to go and that volatility will be with the stock for at least another 10 years. Great article.
I agree. There are sometimes very unique people that can just defy the laws of gravity.(I've got the same experience with a private company where the Financials don't look that great but the CEO is a force of nature) I sadly never invested in Tesla, but I heard he's working on his master plan part 4. Who knows what he'll be aiming for next!
Plenty of opportunity to buy Tesla going forward unless they solve FSD in the next 12 months. Accumulate it on weakness gradually just a few shares. A recession will tank the stock in the company's current form. All these great companies seem to present great opportunities even after they have proven themselves. But you have to have cash and be ready to buy, understand what you are buying.
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