Summary of InvestAnswer's Posts Dec 16 2023 (Patreon)

Summary of InvestAnswer's Posts - thanks Josh 

Date: 15 December 2023  - 16 December 2023 📈 

Tesla: Optimism:

IA shared a tweet underscoring the rationale behind investing in TSLA, emphasizing Musk's profound risk understanding and his capacity to establish seemingly improbable companies. Peter Thiel calls this the principle of optimism.

Production Line:

A glimpse into the Cybertruck production line reveals TSLA's implementation of bots, maximizing efficiency throughout. The factory, divided into four parts, reserves the fourth part, for the new Model 2 25k car.

Stock Performance:

IA projects that investing in TSLA today and forecasting 10 years from now will yield exponentially better returns than investing in Berkshire Hathaway stock two decades ago.

Crypto Compendium: 

SUI:

SUI fails to break into the top 10 in the SCP profiler and doesn't rank within the top 300 in the compendium. IA notes a near-direct correlation between performance and the compendium score.

NEAR:

NEAR consistently held a poor compendium score, leading IA to always avoid it.

XRP:

IA considers XRP an aggressive money grab due to the release of billions of coins.

Dominance:

IA shares SOL's dominance, suggesting that based on a $5 Trillion total crypto market cap, SOL could potentially reach $363+.

Ethereum:

In comparison to SOL, ETH is perceived as diminishing, being old, slow, and expensive. IA switched into SOL 

Equities:

ENPH:

The last buy layer for ENPH, according to the LILO model, was at $116.

Trades and Options:

Tesla Trade:

IA bought a large position in TSLA on Wednesday, and has refrained from purchasing MSTR since it was at $300.  IA used part of his massive META gains to increase his TSLA position by 9% (which is a large amt) 

Bitcoin Trade:

IA bought BTC at $41k.

Synthetic Longs:

IA discusses the benefits of a synthetic long position, highlighting its lower cost, absence of interest cost, and limited risk. IA initiated a synthetic long at a net debit of $900 when MSTR was at $190, controlling 100 shares. These contracts, initially bought for $900, are now valued at $38,500 per contract.

Mindset:

Reflecting on personal experience, IA notes in 1991 he was an emotional investor. He got his ass handed to him and it was the best kick in the pants ever.  He immediately reset and focused on never making such a mistake again.  It was a dollar yen trade.