He was using "ripped up" as a positive term, I assume synonymous with "Shot up" or "went up". You're agreeing with him, both of yall are saying Tesla has massively underperformed the market
Re:Tesla Q2 2019 Letter
by almost_usual on Wednesday July 24, 2019 @06:15PM
(#20520521)
That makes a lot more sense, I interpreted "ripped up" as "torn to shreds".
He meant up 8% over the five year period.
Re:Tesla Q2 2019 Letter
by almost_usual on Wednesday July 24, 2019 @05:47PM
(#20520156)
>The opportunity cost of owning it has been huge while the rest of the market ripped up
Still doesn't make any sense. The S&P is up over 50% over five years. Outperforming TSLA by almost 3x (including the after-market change it is 5x).
No, that’s exactly what “opportunity cost” means.
Re:Tesla Q2 2019 Letter
by simonebrunozzi on Wednesday July 24, 2019 @06:25PM
(#20520602)
I think the term we are looking for here is "alpha" [0], and you want a "good" stock to generate "alpha" in respect to the overall market.
You and the parent comment are in agreement, I think you misunderstood their comment.
Re:Tesla Q2 2019 Letter
by eanzenberg on Wednesday July 24, 2019 @05:39PM
(#20520070)
Sheer will-power
Edit: >The opportunity cost of owning it has been huge while the rest of the market ripped up
The S&P is up over 50% in five years. TSLA could go up 20% tomorrow (and ignore today's after hours change) and the S&P would still be outperforming TSLA.