| This is just nuts on 13:32 - Sep 2 with 730 views | Darth_Koont |
Indeed. It's also smoke and mirrors - a bit like Tesla now having a market value of more than VW.
I remember when the value of a company was the value of the company and not its superficial, media-driven brand value (that can disappear overnight). |  |
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| This is just nuts on 19:28 - Sep 2 with 685 views | Oldsmoker |
| This is just nuts on 13:32 - Sep 2 by Darth_Koont |
Indeed. It's also smoke and mirrors - a bit like Tesla now having a market value of more than VW.
I remember when the value of a company was the value of the company and not its superficial, media-driven brand value (that can disappear overnight). |
I remember the dotcom bubble of 20 years ago.
Companies such as Pets.com, eToys, Kozmo.com, UrbanFetch were all valued at over 100 million and they were all trading at a loss.
At least Apple make sheds load of money from phones, computers, itunes etc so no chance of a collapse.
Incidently, Apple shares were 99p in 1998 just before they introduced the iPod. The shares doubled in value in just one year. Currently £134. |  |
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| This is just nuts on 19:52 - Sep 2 with 666 views | IpswichBoyBlue |
My Wife keeps them in the style they have become accustomed to. |  | | |
| This is just nuts on 11:12 - Sep 3 with 591 views | Kropotkin123 |
| This is just nuts on 13:32 - Sep 2 by Darth_Koont |
Indeed. It's also smoke and mirrors - a bit like Tesla now having a market value of more than VW.
I remember when the value of a company was the value of the company and not its superficial, media-driven brand value (that can disappear overnight). |
Telsa is not just an automotive company, it is an energy company and more. The valuation is based on the increasing likelihood of it being a multi-sector destroying company. The literature is out there, and me rehashing it on here will do it a disservice. But I'd recommend looking into it if you are just comparing TSLA to VOW/VOW3.
I say this as someone who has invested a portion of my savings into both TSLA and VOW3. I sold TSLA this week at around $490 and went back in at $440 per share, as the contraction was obvious due to the share split and the number of fanboys. Missed the $410 low, as I was working, but it is what it is.
For the record, I used to think like that - overvalued, car numbers and profit reports prove it. But fundamentally I didn't understand the business. The bears on their €290 valuations, still don't understand it.
As for AAPL, they have underlying profits to back them up vs the dotcom bubble, which had nothing. Sure, if you are thinking of buying them now, they won't provide much value. But if you are currently holding them for the long term, then they are safe for their valuation.
There will be pull-back as people go into value, so sure, exit for that for a bit of profit-taking if you can be bothered. But I wouldn't stay out of it for the long term. I won't bother selling any AAPL. I'll take the dividends and ride out any short-term pull-backs.
*Note, not a financial adviser, just opinions. I increasingly choose to invest my own money rather keeping it in a savings account. Currently averaging 11% growth per month, compared to 1% per year in the bank. |  |
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| This is just nuts on 12:02 - Sep 3 with 559 views | Darth_Koont |
| This is just nuts on 11:12 - Sep 3 by Kropotkin123 |
Telsa is not just an automotive company, it is an energy company and more. The valuation is based on the increasing likelihood of it being a multi-sector destroying company. The literature is out there, and me rehashing it on here will do it a disservice. But I'd recommend looking into it if you are just comparing TSLA to VOW/VOW3.
I say this as someone who has invested a portion of my savings into both TSLA and VOW3. I sold TSLA this week at around $490 and went back in at $440 per share, as the contraction was obvious due to the share split and the number of fanboys. Missed the $410 low, as I was working, but it is what it is.
For the record, I used to think like that - overvalued, car numbers and profit reports prove it. But fundamentally I didn't understand the business. The bears on their €290 valuations, still don't understand it.
As for AAPL, they have underlying profits to back them up vs the dotcom bubble, which had nothing. Sure, if you are thinking of buying them now, they won't provide much value. But if you are currently holding them for the long term, then they are safe for their valuation.
There will be pull-back as people go into value, so sure, exit for that for a bit of profit-taking if you can be bothered. But I wouldn't stay out of it for the long term. I won't bother selling any AAPL. I'll take the dividends and ride out any short-term pull-backs.
*Note, not a financial adviser, just opinions. I increasingly choose to invest my own money rather keeping it in a savings account. Currently averaging 11% growth per month, compared to 1% per year in the bank. |
You may be right. And I certainly get the argument more for Apple being a sector-busting juggernaut.
I think Tesla is a bit more wishful thinking. It doesn't look that scalable or have an impressive track record in its own right.
Plus having the company hitched to Elon Musk's personal brand seems risky. I can see how that brashness makes waves to build up a company as a challenger but not sure there's the goodwill or the current market to allow him and Tesla to dominate in the automotive or energy sector. | |
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