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To: Moonray who wrote (211026)10/29/2021 5:03:15 PM
From: Stock Puppy
   of 213039
 
Just goes to prove that investors don't necessarily have good taste!

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To: Art Bechhoefer who wrote (211030)10/29/2021 5:18:39 PM
From: Stock Puppy
   of 213039
 
Meanwhile you have stocks like Tesla, valued more than Ford and GM combined. It makes no sense.

I say this as someone who never had $ in Tesla stock except perhaps unknowingly via a mutual fund:

Tesla has tremendous potential and they are well ahead of other car companies in terms of electric cars, besides the other things that they are sticking their nose into.
They were clever (or lucky) enough to avoid the current chip shortage that is plaguing other car companies and at least for now, politically, there is a strong push for electric cars.

One might argue this: just like it wasn't too wise to underestimate Steve Jobs,
the same probably goes for Elon Musk.
I am impressed by both his craziness and his accomplishments.

But it is a risk (I thought the same for Amazon - which I did own some stock and sold it for a relatively paultry profit long ago...) Heh.

Personally for cars, if I were to go electric, I would prefer a hybrid - the infrastructure will take a much longer time to put in place that these politicians seem to think, IMVHO. Much more needs to be in place even if there were many charging stations.

I'd suggest looking for stocks with low downside risk, and I include Apple in this category because of its large cash reserves, dividends, cash buybacks, popular brand name, and future earnings, even if dampened by supply shortages.

Art



Much agreed.

If I had a lot of $$ in Tesla, I might have trouble sleeping.

With Apple, there is a lot less downside potential and I sleep like a puppy (see below)!

But still waiting for the Apple "beleaguerment" to diminish - come on, let's have some insane PE's! :-) :-) :-)
(maybe will happen when we have flying cars or nuclear fusion... eh.)


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To: Stock Puppy who wrote (211033)10/29/2021 10:21:27 PM
From: greg s
2 Recommendations   of 213039
 
I guess at 70, I might be considered an older dog.

I spent my life in semiconductors, watching the triumvirate at Intel, Gates, Jobs, etc., etc.

But Musk may be the smartest fellow I have witnessed.

Time will tell but I'd never bet against him.

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To: Stock Puppy who wrote (211033)10/30/2021 12:29:50 PM
From: MeTwo
   of 213039
 
It makes no sense

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To: Stock Puppy who wrote (211033)10/30/2021 4:17:29 PM
From: Doren
1 Recommendation   of 213039
 
> If I had a lot of $$ in Tesla, I might have trouble sleeping. <

And THAT is the rub as they say. Its way easy to hate yourself for missing out, but its worse to not sleep.

I'd worry that Tesla has some [url=https://www.forbes.com/sites/jimcollins/2020/09/01/volvos-polestar-2-outsold-teslas-model-3-in-sweden-and-norway-in-august/?sh=69324af45899]smart competitors as in this article about Volvo[/url]. Link from Sept 2020.
I'd worry that cars have always been a low margin business with lots of competition and unstable market shares.
Among other worries, lithium supplies, chips etc.

Plus Apple has a nice Div, can't really lose much, unless the bottom falls out.

I've missed out on a lot... on the other hand my other non-stock investments have done way better than most of the stocks I've bought... and they've been safer and more fun than an abstract number on my Ameritrade account.

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To: MeTwo who wrote (211035)10/30/2021 4:27:48 PM
From: Doren
2 Recommendations   of 213039
 
Markets have always been irrational to some extent. See Tulip Bulb Crash.

It does seem to me that right now its the most irrational I've ever seen.

Because of that speculators have done really well... many of them haven't been through a real crash. They'll be the first ones to bail in the inevitable next crash, according to history.

Most of them don't even know what value investing is. They're all momentum speculators.

I started investing too late to really make money in it and learned the key to it the hard way Make sure you aren't forced into selling at the wrong time. If you can hold through downturns and buy companies who actually make money you're pretty much guaranteed to win long term. Nobody can time the markets. Even science fiction writers and film makers get predicting the future way WAY wrong.

But the best thing historically to buy first is a home. Hard to lose on that long term. Ya gotta live somewhere.

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From: Stock Puppy11/2/2021 10:18:59 PM
2 Recommendations   of 213039
 
Dividend coming up (from Apple web site):

Announced:.................Record.......................Payable

October 28, 2021 .....November 8, 2021..... November 11, 2021 ........$0.22 .....Regular Cash

Oooh - in ™Regular Cash!

No phoney bologna money
or gift cards
or that creepy slimey invisible crypto stuff -
(didn't anyone ever read "Tales From the Crypto"?)
it's cold, hard cash!

Also known as cashy money!

I'll like mine in small bills, please.

Hey - what do you mean they don't make bills that small?

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From: NAG111/3/2021 9:59:33 AM
1 Recommendation   of 213039
 
Apple Watch continues to save lives

ped30.com

Apple Watch is a very important part of the Apple ecosystem. I was thinking that they might open it up for the Android system but it probably won’t happen for a while.

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From: Sr K11/4/2021 1:14:07 AM
   of 213039
 
Bloomberg says

Apple Must Embrace This Word in Tackling Climate Change

Tech giants deserve some kudos for embracing clean energy and recycling, but real emissions progress means reducing consumption and reusing the products they’ve already made.

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To: Art Bechhoefer who wrote (211030)11/4/2021 3:28:21 PM
From: yofal
2 Recommendations   of 213039
 
I guess TSLA is just another meme stock now, with rabid fanboys/defenders and hedge funds only too happy to move large sums around to create these reactions to minor announcements.

Seems counterintuitive that short-savant Michael Burry should give up his position, and long time champion Cathie Wood moved funds out of it, just before this run.

Too big to fail now? Not sure I would bet on it…

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