bobandsherry
Thinks s/he gets paid by the post
- Joined
- Nov 24, 2015
- Messages
- 2,692
Any growth company does that, however as I said before, their business models were completely different and divergent of the other. And I had confidence in what Bezos would say vs. my lack of confidence in anything Musk says. Bezos ran Amazon without a lot of the antics that Musk does today. So again, totally different companies and ran by totally different type of people.You are missing the similarities. Prior to 2015, Amazon was reinvesting every penny into building out a massive infrastructure to support their business. Speculation, at the time, was whether they would ever make a profit. Amazon skeptics also believed that the established retailers like Target, Walmart, Et al, could simply crush Amazon at their leisure by duplicating Amazon's efforts. Sound familiar? This caused many to avoid the stock until it was obvious that the plan was working.
You fail to recognize other alternatives. Just putting the $$$ into S&P index fund would have returned about 20%. So yeah, practically speaking one has lost out. And one should expect a better overall return with a higher risk investment.If you had purchased two years ago, you would be no worse off, today. Does not seem too risky so far. Much of the pain and dramatic swings have now run their course and Tesla is on firm ground (two consecutive profitable quarters) with a 1 to 2 year lead on the competition.
Guess we agree on somethingOf course, time will tell. If you do not want to take any risk (or at least minimize risk), more power to you; I respect such a position. For me, a high potential return is worth taking a little risk (in moderation). To each his/her own.