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A comment on Tesla races past $100B in market valuation. Parent comment

Re:Tesla races past $100B in market valuation by UncleMeat on Wednesday January 22, 2020 @11:59AM (#22119326)
I really don’t like the “well if you feel strongly why don’t you short” argument.

I think it is insane that Tesla is worth so much. But shorting stocks is not part of the asset allocation that meets my long term goals and needs. I can certainly believe something without wanting to bet on it.

[ Parent | on HN ]
Re:Tesla races past $100B in market valuation by jasonlingx on Wednesday January 22, 2020 @12:24PM (#22119689)
The thing is the market only cares about the opinion of those who put their money where their mouth is.
[ Parent | on HN ]
Re:Tesla races past $100B in market valuation by sf_rob on Wednesday January 22, 2020 @12:15PM (#22119558)
I'd add shorting is expensive (borrowing fees or volatility premium on options) and more complex (margin/option approval etc). Plus the old adage that the market can remain irrational longer than you can remain solvent.
[ Parent | on HN ]