With the 46% sharp drop in shares this year, the market value of $Tesla(TSLA.US)$ has just been supplanted by $Berkshire Hathaway-A(BRK.A.US)$ as the fifth-biggest company in the $S&P 500 Index(.SPX.US)$.
The EV maker's shares closed with a market valuation of $604 billion Tuesday, versus nearly $645 billion for Warren Buffett's conglomerate.
Berkshire is demonstrating its defensive attributes in a bear market with its class A share down only 2% this ...

Is there any reason I shouldn’t expect an average +15% return annually from $SPXL (or similar) over the next 30-40 years?
$Direxion Daily S&P 500 Bull 3X Shares ETF(SPXL.US)$
I seriously don’t understand why this isn’t a no brainer stock. Sure, some years are gonna be +170% like this years (due to S&P having a monster 40% year). And then every recession will go down 30-60%. But what other stock wouldn’t…especially as it represents the s&p 500 just 3x.
But I fully plan on NEVER SELLING and buying probably $1000 every year for the next 30 years and I see zero reason why that investment could average 15% every year.
I’ve been trying to convince myself into getting into Real Estate investing, but this feels safer to me somehow and way less work.
Thoughts?

Question about leveraged EFTs
So why doesn’t everyone just buy the leveraged ETFs like SPXL? Isn’t it the SPY but for every 1% SPY $SPDR S&P 500 ETF(SPY.US)$ increases SPXL increases 3%? I feel like I am missing something…..

Research has revealed that markets evolve in a highly predictable fashion, governed by the "Rule of Three." Name any industry, and more likely than not you will find that the three strongest, most efficient companies control 70 to 90 percent of the market.
When electric vehicles become the most popular concept in the market, investors eyeing the EV space may have a sense of déjà vu.
$Tesla(TSLA.US)$ , $Rivian Automotive(RIVN.US)$ , and $Lucid Group(LCID.US)$ are the top three names on the EV market cap list.
They are currently the "EV Big Three."
Here comes their market cap:
Tesla $1.017 T
Rivian $131.94 B
Lucid $71.80 B
Do you think they can maintain their advantages and stay at the top? Or other competitors like $NIO Inc(NIO.US)$, $XPeng(XPEV.US)$ will manage to catch up soon?
Vote and comment tell about your thoughts!
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