1. Check the fundamentals 2. When everyone is happy, and the fundamentals are high. 3. Stop buying 4. Warren stops early as a result, but when the market pulls back, he takes all of that insurance company cash, along with the profits from his other companies and buys from his predetermined list of already established, huge, and otherwise well known conpanies that are now undervalued.
Knowing that over time the market goes UP, Warren sells when he makes a mistake, and when the company story changes.
Warren keeps saying you can't time the market, then he goes and buys when stocks are on sale, at some of the very best times to buy.
Warren has STOPPED Buying.
Except for special situations like TSLA FOLLOWING WARREN BUFFETT is ALWAYS A VERY GOOD IDEA.
Ok, the number of shareholders increased after the facebook IPO to 2000, but that is still way too low. It is unclear that individual shareholders will be able to keep their shares.
If this does not go through, it would be very unusual for Musk. I am betting it will go through.
Musk doesnt even make cars. He makes computers that carry people. and huge batteries to support them. The computers and the people. Musk doesn't make trains. He is doing away with the train system. He makes computers that carry people and huge batteries to support them. Soon we or I know I will be taking the Hyperloop to Philadelphia. Again a computer that carries people this time, it runs on electric power. The battery would be on the large size. However, I am sure that batteries will back up the system.
Musk dismantles everything he sees and puts it back together brand new.
For all of the mud thrown at TSLA, only TWO things have happened since 2014. The PPS rose to 300 and pulled back, and THEN in 2017, the pps climbed above 300. 300 is SUPPORT. If you see 300 again, WHICH I DOUBT, then BUY BUY BUY.
JUburton wrote:Elon Musk is a sociopathic weirdo who has some decent ideas and then pays real engineers a #$!&@ of money to do the real hard work.
good one
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