News for hackers. Stuff that matters.

A comment on Tesla Q2 2019 Letter. Parent comment

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).

[ Parent | on HN ]
Re:Tesla Q2 2019 Letter by jkqwzsoo on Wednesday July 24, 2019 @05:53PM (#20520229)
No, that’s exactly what “opportunity cost” means.
[ Parent | on HN ]
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.

[0]: https://www.investopedia.com/terms/a/alpha.asp

[ Parent | on HN ]