2021 BRN Discussion, page-27948

From time to time I will read something which actually is directly on point where Brainchip and creating intergenerational wealth is concerned. The following Bloomberg interview with the third largest individual holder in Tesla and his investment approach should be read by all those who have a full and proper understanding of the AKIDA technology advantage and market potential of Brainchip if all goes to plan and why it makes sense to take the risk on it maximising all its opportunities.

My opinion only DYOR
FF

AKIDA BALLISTA:

According to Bloomberg, Singaporean resident Leo KoGuan has quickly (and quietly) become Tesla’s third-largest individual shareholder over the past couple of years.

Bank records furnished by KoGuan reveal that, as of lateSeptember, he owns 6.31 million Tesla shares, along with 1.82 million stockoptions that give him the right to buy Tesla between $450 to $550 per share.

KoGuan’s Tesla shares are currently worth over $7 billion USD,trailing only fellow billionaire LarryEllison and Tesla CEO Elon Musk, the richest person in history‘s respective stakes in the company.

What makes KoGuans meteoric rise in the stock market interestingis that it went under almost everyone’s radar, and that it happened over thecourse of just two years. Koguan only picked up stock trading in 2019, beforewhich he made a small fortune as a retail investor on a number of projects.

KoGuan is a founder of SHI International Corp., an enterprisesoftware company based out of Somerset, New Jersey, with $11.1 billion USD ofannual revenue.

The Bloomberg Billionaires Index values the privately-heldcompany at $3.2 billion USD. KoGuan is big into charity, donating generously toa number of top universities in China and even having a couple buildings namedafter him.

When he sat down for a virtual interview with Bloomberg out of his $46 million USD penthouse atop Singapore’s harbor, KoGuan submitted to a 1-on-1 interaction with the media for the first time.

KoGuan amassed his Tesla fortune doing what most analysts wouldtell you not to do: he put all his eggs in one basket. Back when he initiallystarted trading stock, KoGuan had a diversified portfolio. But when most of hisholdings started taking a big dip, he sold all of his positions except Tesla.

Over the next couple of years, KoGuan kept doubling down on hisinvestment in Tesla. When the markets crashed and he almost lost everything, hestill kept buying, with the following strategy in place:

Buy short-term in-the-money stock options, take the profits whenthe stock goes up, use some of those proceeds to buy actual shares, and put therest into another options bet.

Simply put, KoGuan doubled down on his bet on Tesla — again, andagain, and again. “Sometimes you win, sometimes you lose,” KoGuan said.“Fortunately, I win more of the time than I lose.”

Like many of Tesla’s investors, KoGuan is a big believer in ElonMusk and his goals. “I believe in Elon’s great mission,” Leo KoGuan exlaimeddvia Twitter. Believing in what you’re investing in is key, according to one ofthe richest “Teslanaires”.

KoGuan has no plans of cashing out anytime soon, he said. The billionaire is ina position where if he loses all of his Tesla holdings, he can still fall backon his stake in SHI International.

KoGuan’s goal is to make $100 billion USD (or more) from hisinvestment. He plans on using his fortune to fund the realization of hisdreams, which include free healthcare and material comforts for all of society.

Earlier this week, Tesla crossed a $1 trillion USD market capitalization for the first time. At the time of writing, Tesla shares are trading at $1,114 USD.