I have to say, investing beats trading

VicBee said:
In early 2002 I put all my savings of $10k in a sure winner, United Airlines. What could go wrong?

Hindsight bias is the most glaring show of inexperience I can think of. While I'm a big Tesla believer and did well this year trading Tsla, I'm fed up with these 2 bits YouTube now millionaire traders enlightening their followers with their deep knowledge of the market and Tesla in particular.
I would love to know 1. Have they sold and actually made money, 2. What other stock(s) have they successfully traded and 3. Is their devotion to Tesla because the company holds the future of energy or because they are paper rich? In other words, if tomorrow Tsla was to drop by 50%, would they still hold or dump and woulda-coulda-shoulda for the rest of their lives...
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Don't believe those youtube traders. They are all liars. They build up their subscriber base creating what everyone believes to be continous gains and daily profits. I know of a few I watch and they literally "print" money every single day showing their followers how easy it is. Its just a bunch of fakes....
 
I'm surprised to see no one mention modern portfolio theory, the efficient frontier, or the tangency portfolio. As other have mentioned, investing in individual companies is a gamble, but the real criticism is that it's an unnecessary risk. The benchmark for investing vs. trading should be the S&P500, which is a decent approximation of the market portfolio.
 
S2007S said:
Tesla would still be sitting in the single digits and maybe even bankrupt today if it were not for the EV tax credits and a fed chairman bernanke, yellen and powell providing unlimited trillions to prop up entire markets worldwide the last 15 years..
More than 90% of Tesla gains are only because of the fed. Remember that.
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So, why should this comment from you be paid attention to?
What is your trading resume? What are your trading returns?
Because I am willing to bet that every Tesla bull has trading returns that kill it compared to the writer of every bearish statement ever made
 
Nobert said:
,,Tesla, Bitcoin & Survivorship Bias"

Good title for the book.
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But the people that did not survive are not worth listening to.
Every bear on TSLA to date has been completely wrong and their bank accounts reflect it.
 
S2007S said:
Tesla would still be sitting in the single digits and maybe even bankrupt today if it were not for the EV tax credits and a fed chairman bernanke, yellen and powell providing unlimited trillions to prop up entire markets worldwide the last 15 years..
More than 90% of Tesla gains are only because of the fed. Remember that.
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Totally disagree with the inference of your statement. Neither ICE vehicle nor the oil industry would exist without government susidies, intervention and rescues.
It takes courage to steer a population and businesses to change course once it's been clearly established that our ways is severely affecting the planet. European governments are to be commended for that courage while America is, again, willing to let supply and demand take us wherever, regardless of the consequences.
 
Spaghetti Code said:
I'm surprised to see no one mention modern portfolio theory, the efficient frontier, or the tangency portfolio. As other have mentioned, investing in individual companies is a gamble, but the real criticism is that it's an unnecessary risk. The benchmark for investing vs. trading should be the S&P500, which is a decent approximation of the market portfolio.
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As traders and active investors we don’t believe in efficient markets.
 
Pekelo said:
Edit: Looks like this is actually a fake post. Nevertheless Tesla was around $3.5 early 2010 July. So had you bought then and would have held it until now, that would beat most traders' cumulative return easily.

https://www.reddit.com/r/path%3D%252Fr%252Fwallstreetbets%252Fcomments%252Fkt8hng%252F
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Gambling beat both trading and investing.
The one who hit maga millions made 5MM in a couple of days.
What? You couldn't pick that number before hand?
So you couldn't pick Tesla 10 years ago.
 
caroy said:
I put a 100 shares on Enron in my investment account in August of 2000 was trading around 90. Decided to be passive you know just let it ride and DRIP it. Haven't even bothered to check on it these past 21 years as I might be tempted to sell and really want to let my winners run. I'll give it a look Sunday maybe I should rebalance my portfolio.
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I am horrible with sarcasm and this made me choke on my sammich. Top notch!
 
matrik said:
I am horrible with sarcasm and this made me choke on my sammich. Top notch!
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It was balanced with longs positions in BBI (Blockbuster Video), IPET (Pets.com), WAMU, and KMRT. I like the diversification having some tech, finance, and retail provides in my account. I don't even mind missing by paper statements from Lehman. I'm sure they email them to me but I don't even check. Have to all be doing well with the set it and forget it passive style I like. ----- now that might be too much. lol
 
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