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https://seekingalpha.com/instablog/1046492-markus-heitkoetter/5551655-paper-hands-vs-diamond-hands-boomer-s-guide-to-wallstreetbets-lingo
it's worth reading up on that stuff, Cramer mentions it
As Warren Buffet once calculated if he had invested $10,000 in an S&P500 Index Fund (although they didn't exist at the time) in 1941, when he started investing and just left it, it would be worth $53,000,000 now. No trading, no spending hours researching companies, no worrying about the news, or the economy, just left it.
But that's crypto for you more than anything else.
Luckily I was not intending to sell anytime soon, but this is reassuring to me in a way - putting all eggs into one basket is risky. My funds are already pretty risky, but are managed by people who have a greater understand of this world than I.
If Tesla is going to the moon, the moon must be below us!
It's more like Tes-tanic at the minute.
Tesla stock is falling because it is caught up in what appears to be a current market correction, or getting close to one and it has been hugely over valued, the price can revert to something far more sensible but has a way to drop yet before it is considered fair value by traditional share price measures.
It's now down 11% today, price could go as low as $250 and still be overvalued, that's another 50% down from current.
says Lithium batteries are a dead-end
I shoved a pile in to EasyJet shares during lockdown, again with the long game in mind so gonna have to ride that one out.
But overall my portfolio is currently 12% up after a year so I am not complaining. Better than any bank.
https://www.bloomberg.com/news/articles/2021-10-04/tesla-short-sellers-flee-as-musk-s-carmaker-sets-delivery-record
Berlin giga-factory is set for final regulatory approvals in November so a European built Model Y could be available next year, it will be interesting to see how it's priced.
I certainly notice many more Teslas on the local roads this year.
The Nio battery swap looks a little clunky and is obviously specific to Nio at present but if enough global manufacturers could agree on standard batteries and mounting you can see how a battery station could replace fuel stations as a concept.
My preference is still home charging but a battery swap every year or 2 as battery health declines would be good and also having a battery swap station available for long journeys would be handy.