Oh Right. That Can Happen

Published by Christopher Schwarz on

I posted on 8/31 (a week ago) a comparison of Tesla vs. Amazon from the 1999-2000 Internet bubble and asked “What could possibly go wrong?”

Oh right, -34% in a week wrong.

No matter how good the company is, price matters. A lot.

Categories: Uncategorized
Tags:

Related Posts

2024 Economic and Financial Forecast

Thank you to all of those that attended the 2024 Newport Beach Chamber 2024 Economic and Financial Forecast. In summary, the economy will keep slugging along until we get some kind of shock. Most likely Read more…

Real Housing Price Peak?

One of the most interesting things in finance right now is the Real Estate market. Home prices may have bottomed, but no one is selling. It’s really not a market. Why? Affordability is awful. Worse Read more…

From Dust to Dust

The meme stock phenomenon started over two years ago now. One is gone (BBBY) and the next one is about to go – AMC. Here’s the five year chart. The stock price is now at Read more…