Startups are cults
Businesses are religions
Before investing
Consider the heretic’s opinion
@markbspiegel @hiddenforcespod @TeslaChartshttps://itunes.apple.com/us/podcast/hidden-forces/id1205359334?mt=2&i=1000408464718 …
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Replying to @derek_j_morris @MimeticValue and
Maybe maybe not - does it matter if you make a solid return along the way? You can always sell....
1 reply 0 retweets 0 likes -
Replying to @cheesetrader1 @MimeticValue and
For me yes 1. You do not imitate 2. You DO NOT imitate 3. Find asymmetric payoffs 4. Lower your time preference Reading the news and selling violates 1-4
2 replies 0 retweets 2 likes -
Replying to @derek_j_morris @cheesetrader1 and
@Ahimsa_Satya_ has more to say on this topic. I think he said in certain small, volatile markets, you can take advantage of the news, riding the waves of the mimetic contagion.2 replies 0 retweets 3 likes -
Replying to @MimeticValue @derek_j_morris and
Trading is dif from investing. Traders (soros, Thiel) are often trend followers, attempting to profit from the markets herdlike behaviors in shorter term. News is just new info for herd, need to see how they respond. This is rational.
2 replies 0 retweets 2 likes
Hard to gauge probability of $TSLA success in the longish run, but it is a pressurized and contentious situation regardless. Very high short interest atm.
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