*
As illustrated in the Headline chapter in my books, buy oil when a war
in Middle East is coming (similar to buying coffee when too much or too
less rain in S. America) and sell it when it is over or less chance to
happen. Making tiny drops of profit from the headlines could turn into a
river of profit. I do not do what I wrote due to my available time.
*
Intel and several high tech companies are good buys based on the
expected P/Es. The best strategy (also described in my books) is buy low
and sell high (based on the expected P/Es, not based on prices). I do
own several.
* If I were Musk, I would sell Tesla to an
established company such as BMW. I predicted last year that most (if not
all) bubble stocks including Tesla will lose half of their peaks
in 2013 by the end of 2014. So far, so good. Usually I do not short (I
do buy some contra ETFs now) or recommend shorting as it is too risky
for my stomach.
Building a dealer's network is very expensive and
it is illegal to sell cars without dealers in many states. A battery
revolution could change the fortune of this company overnight.
Those
who think buying a $80,000 car is green conscious are plain wrong.
First, the electricity is still generated mostly by non-green
generators. How about buy a $30,000 car and donate the $50,000 to green
research (deductible and makes you feel good). To me, the buyers are
boosting their ego (same as camping to buy the new iPhone), but the
oldest profession can do a better job and at far less cost - just an
observation. :)
* Intel and several high tech companies are good buys based on the expected P/Es. The best strategy (also described in my books) is buy low and sell high (based on the expected P/Es, not based on prices). I do own several.
* If I were Musk, I would sell Tesla to an established company such as BMW. I predicted last year that most (if not all) bubble stocks including Tesla will lose half of their peaks in 2013 by the end of 2014. So far, so good. Usually I do not short (I do buy some contra ETFs now) or recommend shorting as it is too risky for my stomach.
Building a dealer's network is very expensive and it is illegal to sell cars without dealers in many states. A battery revolution could change the fortune of this company overnight.
Those who think buying a $80,000 car is green conscious are plain wrong. First, the electricity is still generated mostly by non-green generators. How about buy a $30,000 car and donate the $50,000 to green research (deductible and makes you feel good). To me, the buyers are boosting their ego (same as camping to buy the new iPhone), but the oldest profession can do a better job and at far less cost - just an observation. :)