Summary of InvestAnswer's Posts Date: 2 January 2023 - 3 January 2024 📈 (Patreon)

Summary of InvestAnswer's Posts Date: 2 January 2023  - 3 January 2024 📈

Thanks Josh

MSTR Hedge:

IA recently repurchased the MSTR 700C options that he had sold a few days ago, securing an $18 gain (Sold for $43 and bought back for $25 - every ten contracts yields $18,000). This profit nearly aligns with the initial capital outlay of his original MSTR investment, allowing him to hold and trade MSTR at a nearly neutral cost.

Initial MSTR Position:

IA's initial MSTR position, initiated a year ago, involved selling the 190 puts and buying the 190 calls for a $9 debit.

Mean Reversion:

IA emphasizes that when stocks surge above mean reversion, they typically revert 95% of the time.

Bitcoin for Friends and Family:

Reflecting on his journey, IA recalls attempting to convince friends and family to invest in BTC since 2017/2018 without success. He said spend $3K on 1 BTC per child.... nobody listened to him! Why he made his first BTC video which went viral and here we are! 

GBTC:

IA anticipates that the SEC may favor Blackrock in the BTC ETF landscape, potentially leading to a less favorable treatment of Grayscale moving forward.

Miners:

In the latest Bitcoin Miners update, CLSK has reclaimed the top spot, while RIOT has fallen to second place.

Alts SEI:

IA advises against considering SEI due to its poor compendium score.

New Wallets:

A new record has been set for first-time wallets across various cryptocurrencies.

Tesla & MSM:

Despite mainstream media pressure, IA maintains confidence in TSLA, highlighting the stock's unparalleled strength amid prolonged market adversity.

China Insurance Data:

The number of insured Teslas in China has consistently grown over the past 52 weeks, with 2023 surpassing 2022 by a significant margin.

Morgan Stanley:

Adam Jonas of Morgan Stanley maintains a $380 price target for TSLA.

College:

IA shares insights into the exponential rise in the cost of attending university in the U.S. He believes the oppty cost of paying for Uni while foregoing experiencing and earnings is no longer worth it in the age of AI... self driven people can learn far more far faster from AI and YouTube.