102794776-Yvonne
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One of the most important quotes from Warren Buffett on investing is "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes". Buffett buys stocks because he wants to own those businesses for the long term and approaches most of his investments with the mindset of owning them forever. It does not take a Warren Buffett to build a stock portfolio of well managed businesses and hold on to them for years. ...
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102794776-Yvonne
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While the legendary investor Warren Buffett may make investing sounds simple, very few could achieve exceptional investment returns over the long term as he has. The following sets out some of my reflections for my investing journey for the year.
My reflections are organised into four main topics: Finding suitable stock investments, minimising risk, letting my investments work and the temperament to learn from mistakes. While the topics are not exhaustive,...
My reflections are organised into four main topics: Finding suitable stock investments, minimising risk, letting my investments work and the temperament to learn from mistakes. While the topics are not exhaustive,...
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102794776-Yvonne
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Elon Musk's Twitter musings have always moved Tesla's shares, with the infamous "funding secured" tweet drawing the ire of authorities.
Here is a brief timeline tracing Musk's candid Twitter posts that have impacted the market.
April 1, 2018: An April Fools' joke that fell flat, Musk's tweet that Tesla has gone "completely and totally bankrupt" came following a run of bad news for the automaker, including production shortfalls, regulatory scrutiny over its driver-assistance system Autopilot and a credit rating downgrade further into junk by Moody's Investors Service. All that combined to send the stock down as much as 8.1%.
Aug. 7, 2018: Shares closed up nearly 11% after Musk tweeted during market hours: "Am considering taking Tesla private at $420. Funding secured."
May 1, 2020: Tesla erased around $13 billion from its market value after Musk tweeted "Tesla stock price is too high."
Nov. 6, 2021: Elon Musk proposed selling 10% of his stock on Twitter, and took a poll of people on the social network to see if they supported it. After a clear majority (58%) of 3.5 million Twitter users voted yes, Tesla shares tumbled the most in eight months, falling as much as 7.3% as of Nov.8.
Mooers, what do you think of Musk's tweets? Have his tweets influenced your trading decisions?
$Tesla (TSLA.US)$
Source: Economic Times, Financial Times
Here is a brief timeline tracing Musk's candid Twitter posts that have impacted the market.
April 1, 2018: An April Fools' joke that fell flat, Musk's tweet that Tesla has gone "completely and totally bankrupt" came following a run of bad news for the automaker, including production shortfalls, regulatory scrutiny over its driver-assistance system Autopilot and a credit rating downgrade further into junk by Moody's Investors Service. All that combined to send the stock down as much as 8.1%.
Aug. 7, 2018: Shares closed up nearly 11% after Musk tweeted during market hours: "Am considering taking Tesla private at $420. Funding secured."
May 1, 2020: Tesla erased around $13 billion from its market value after Musk tweeted "Tesla stock price is too high."
Nov. 6, 2021: Elon Musk proposed selling 10% of his stock on Twitter, and took a poll of people on the social network to see if they supported it. After a clear majority (58%) of 3.5 million Twitter users voted yes, Tesla shares tumbled the most in eight months, falling as much as 7.3% as of Nov.8.
Mooers, what do you think of Musk's tweets? Have his tweets influenced your trading decisions?
$Tesla (TSLA.US)$
Source: Economic Times, Financial Times
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