2021 Stock Market
- Thread starter SoapyCy
- Start date
- Jun 20, 2006
- 38,336
- 22,649
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F has been my best performer this year. I went 1.23 units at the start of the year.
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I agree completely on the bolded, but I'm not sure that means much right now. I feel the big boys are going to have trouble shaking 100 years of corporate drudgery and will have trouble moving at a pace that matches the up and comers. The Big 3 aren't guaranteed anything in this race.
They'll be fine. By waiting to enter the market, they can start on 3rd base with off the shelf aftermarket parts and not have to invest the insane amount of money on R&D. In reality, they are far more competitive than people imagine. The industry itself is hypercompetitive. Most investors have no idea what exactly these startups are up against. That "corporate drudgery" is mostly a product of beancounting...a critical element to be a solvent company in a capital intensive competitive industry. IMO, those who invest in these new ones or hold on to their Tesla shares at current values are going to wish they hadn't.
Here is what not to do....
In the past, I've kind of paid attention to what my wife was interested in and then bought the stock. Things like coach, Michael Kors, Apple, etc were all things that did well for me.
So a few months ago she mentioned how old navy was doing something impressive. I don't even remember what they were doing. I think it has something to do with being woke and representing fat people or something. Long story short, I bought the stock and it's been straight down since day one. **** old navy and their fat customers.
In the past, I've kind of paid attention to what my wife was interested in and then bought the stock. Things like coach, Michael Kors, Apple, etc were all things that did well for me.
So a few months ago she mentioned how old navy was doing something impressive. I don't even remember what they were doing. I think it has something to do with being woke and representing fat people or something. Long story short, I bought the stock and it's been straight down since day one. **** old navy and their fat customers.
