Today I'm launching a new strategy I call "The Doubler". I've made a couple successful predictions in this style before: In June 2023 I went on a podcast and I said bitcoin will reach an all time high (slightly more than 100% gain) in less than 4 years. It did that in just 9 months. youtube.com/watch?v=CF4d_a… In June 2024 I went on another podcast and I said Tesla will double in less than 4 years, it did that in just 5 months. youtube.com/watch?v=1faU-k… So why this format? Well, a few reasons. A double in 4 years, is around 20% compounded annual growth rate, which is how much the legendary Warren Buffett managed to make over decades. In these predictions I always say "in less than 4 years" to give me PLENTY of margin of safety. Plus a double is a nice round number that's easily understood, more so than a 10x and it can happen in a RElATIVELLY short time. I created a separate portfolio where that's all I'll do: put my money in assets that I believe can double in less than 4 years. Technically it is a trading strategy, but I do mix both fundamental analysis as well as charting. Partly is just for fun, I put in $1,000 (plus $1 comission), but partly is to build my public track record as a successful stock picker. Hey, it may not work and this is obviously not investment advice, but I'll do my best! So, the pick of today is Tesla. I believe it can double from the level I bought it, $244.12, to $488.24, in less than 4 years, so before April 4th 2029. Let's see if I'm right!
