Elon says he is selling Tesla stock to pay taxes, but he has sold far more than is necessary to pay off his taxes. The fact that the founder/CEO (who presumably has unparalleled access to insider information) is doing so should be a huge warning to anyone not blinded by the Tesla hype.

Very pessimistic on Grab. They are facing massive competition in every sector they are in, and compared to their competitors their offerings are either undifferentiated (ride hailing, food delivery) or downright inferior (finance).Every new sector they expand to just brings even more competitors for them. What's worst is all of these competitors are largely focused on a single sector (e.g. mobility - gojek, food delivery - food panda/deliveroo, finance - banks), and can devote all of their resources to defending their market share while Grab's resources are spread out.Some people see this involvement in multiple sectors as a good thing due to network effects, personally I see it as a sign of desperation as they are not able to be profitable in any sector. As a Grab user

I can't decide whether the Tesla fanboys are delusional or naive - do they really think the musk would sell his own shares if he didn't think they were overvalued?

TSLA price is primarily driven by greed and blind faith rather than rational analysis. I'm certain most retail investors buy without considering if the price makes any sense - they buy because the price has risen in the past. And so none of these statistics will ever make sense to them.

I don't think bitcoin is anything like gold. Gold is valuable as it taps into every human's innate desire to show off their wealth. 3 traits allow it to do so - it is eyecatching (sparkly and shiny), easy to wear (jewelry) and credible (if you wear it, you show ownership over it). Bitcoin has none of these traits - it only exists virtually (so you can't attract attention or show it off) and isn't credible (anyone can claim to own it, impossible to verify).

What an illogical, incoherent article, seemingly written by an author consumed with self-pity. That getting wealthy and achieving financial security has never been easy, both then and now. Not everyone who tries is guaranteed to succeed. The fact is that no one is remotely interested in intentionally keeping millennials down. If you are not able to offer skills and abilities that others would value, no one would pay you for anything. Instead of raging against an imaginary machine, perhaps the author's time would be better spent acquiring the skills employers would value and pay for. For instance, even if a small fortune was racked up in college debt, was there actually anything worthwhile learnt?

I really wouldn't put Pfizer in the same group as Apple, Amazon, and the like. What makes those stocks really strong are the lack of scaling costs (meaning they can scale up easily), and strong network effects leading to high barriers of entry (no one can easily compete with them). Pfizer doesn't have any of these advantages, it's recent performance is largely driven by the covid pandemic - which is temporary by nature.

Fully agree. It's very naive to think that prices can only ever go up. Many new investors like to claim they have "diamond hands", without ever having experienced a true financial crisis. I truly wonder how many of them will continue with that when it really hits (anyone remembers how bad it was in 2008?)

The problem with Tesla is that with the shares being as expensive as they are, pretty much everything has to go perfectly moving forward. There is no room for any missteps as the expectation of future success has already been reflected in the share price.I feel that this is something most Tesla bulls misunderstand. No one is disputing that Tesla is (at least for now) the most prolific EV company, and is involved in many industry sectors with high potential growth. The question really is, is this expectation of future potential earnings really worth the eye-watering valuations that the market has assigned it?

I would take anything said by so-called "celebrities" with a huge handful of salt. They could easily just be manipulating the price for their own personal gain. After all crypto markets are completely unregulated and there are no penalties for such actions which would be frowned upon in other asset classes.For those who do decide to buy in, do your own homework and don't invest your money simply because someone famous has said good things about it.

The accolades seem rather premature. Warren Buffet is famous not because he achieved stratospheric returns in a single year, it's because he achieved above average returns over decades. Cathie Wood has yet to prove if she can produce any sustainable returns.I wonder how many people have actually seen the company reports produced by ARK. Let's just say they tend to be absurdly optimistic.

Very overvalued as anyone who has done any serious research can see. Still, many people will buy in on the hype so potential for profits so long as you don't get too greedy.

Great