$hadow$➕➕
333 posts


Tesla Investor Day streaming live on Twitter & YouTube at 3pm CT tomorrow





Thank you, @EricBalchunas, for defending active equity management. Upon hearing why I founded @ARKInvest in 2014, a friend who was not in the investment business said, “Oh, you mean the future of investing is investing in the future?” Yes! Please see ARK’s Big Ideas 2023.

@funwithnumberz @CathieDWood @Keubiko @QTRResearch @zerohedge @passthebeano @bgrahamdisciple @JCOviedo6 That prediction was not good or appropriate. That said, it doesn’t matter, Cathie will last bc active share is more imp in this era than alpha. Anyone trying to generate excess return w benchmark-y stocks is fighting losing battle bc Vanguard has made beta free.


Charlie Munger on why he prefers an investment in BYD over $TSLA: "That's easy, Tesla last year reduced its prices in China twice while BYD increased its prices. BYD is so ahead of Tesla in China it's almost ridiculous. If you count all the manufacturing space BYD has in China to make cars, it would amount to a big percentage of all the land in Manhattan Island. 🙃













