This sure is crazy stuff.
We are in the middle of a pandemic, that doesn't look like going away anytime soon, with a bubble bigger than the dot com bubble.
Tesla SP now increased 500% in just over a year.
This certainly does not make any sense what so ever.
We all knew a year ago that EV's had a future, and Tesla hasn't even made a profit yet.
So whats change in that year apart from a pandemic, which must have decreased revenue.
I also missed the recovery from March, expecting the market to tank at anytime.
Who would have believed in March that the US would have 2.78m cases and 130k deaths by July, and getting 50k cases daily.
All I can do now is be patient, and wait for the crash that has to come at some stage. Hopefully soon.
Recently gone 90% cash in Super, and 50% BBUS and BBOZ in shares.
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