Quote:
Originally Posted by Discuss Thrower
Here's why I'd be hesitant to long Disney at this present moment in one picture courtesy of the Fool:
Tesla is a meme company. Nothing about their valuation makese sense. Their merger with SolarCity a few years ago borders on criminal malfeasance.
If you've got enough money to buy a share and it's not going to hamper your overall goals then why not. Otherwise nope. I don't believe in a con man like Elon Musk.
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We seem to have vasty differing thought processes, but I do appreciate reading the differing perspective.
I'm way more than a share deep in tesla and don't even like Musk or the company in general. If I'm honest with myself, the companies I like and believe in are currently my worst performers, by far. I believe that belief is actually a hinderance of my being able to see them more objectively and in the past it cost me when other opportunities presented themselves.