$Tesla (TSLA.US)$ A bear said he only lost $30k (a small per...
$Tesla (TSLA.US)$ A bear said he only lost $30k (a small percentage of his account) in the past decade shorting TSLA from time to time.
What he doesn't understand is he missed a 200x gain and this 200x gain will likely turn into a 2,000x gain by 2030. He lost a lot, not just the $30k.
A few years ago I predicted this outcome and explained it to the bears. Not one short came to me said "Now I understand what you are saying". They really don't know much about investment.
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102702653 : Horse behind canon
Jennings1003 : "What he doesn't understand is he missed a 200x gain and this 200x gain will likely turn into a 2,000x gain by 2030. He lost a lot, not just the $30k."
That's a $6 million gain now had he just bought and held for a decade. $60 million before 2030. Tragic.
As one of my snarky high school teachers used to say, "If you think education is expensive, try ignorance."
Prathik Balachandar OP Jennings1003 : Exactly. If I were a bear, I would pay great attention why these bulls are saying 10x is coming.
Instead, they assume the bulls are ignorant, young, and inexperienced.
HGBlog Prathik Balachandar OP : I said the same things to people years ago about Bitcoin. None of them listened.