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<blockquote data-quote="ChicagoFire" data-source="post: 1214186" data-attributes="member: 13610">^^Agreed for the most part especially using cash to buy distressed assets. The blue pilled normie crowd think the Trump rally is going to last forever. Once recession hits will be the time to swoop <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink&nbsp; &nbsp; ;)" loading="lazy" data-shortname=";)" />I heard about Tesla and Elon Musk in depth through Eric Townsend, an economist. The gist of what he said is the following: Musk is the modern day PT Barnum His stock isn't worth more than $20/shareWith the previous points in mind Townsend made the mistake of shorting TeslaTesla has underperformed year after yearMusk can pick himself up failure after failure as if nothing has happenedMusk quite possibly will suffer from a mental breakdown as evidenced by some of his erratic tweets. Bankruptcy may trigger it. Tesla's cars are inferior. I wouldn't want to short Tesla but at the same time bankruptcy may very well cause Tesla to drop even further. As for real estate you don't have to go all in on that there are REITs. Also if real estate is so bad the big ballers like Donald Trump would be shaking right?Already stated my position on crypto, and will repeat it's tulip driven mania. Precious metals will appreciate as the dollar weakens.</blockquote>

[QUOTE="ChicagoFire, post: 1214186, member: 13610"] ^^ Agreed for the most part especially using cash to buy distressed assets. The blue pilled normie crowd think the Trump rally is going to last forever. Once recession hits will be the time to swoop ;) I heard about Tesla and Elon Musk in depth through Eric Townsend, an economist. The gist of what he said is the following: Musk is the modern day PT Barnum His stock isn't worth more than $20/share With the previous points in mind Townsend made the mistake of shorting Tesla Tesla has underperformed year after year Musk can pick himself up failure after failure as if nothing has happened Musk quite possibly will suffer from a mental breakdown as evidenced by some of his erratic tweets. Bankruptcy may trigger it. Tesla's cars are inferior. I wouldn't want to short Tesla but at the same time bankruptcy may very well cause Tesla to drop even further. As for real estate you don't have to go all in on that there are REITs. Also if real estate is so bad the big ballers like Donald Trump would be shaking right? Already stated my position on crypto, and will repeat it's tulip driven mania. Precious metals will appreciate as the dollar weakens. [/QUOTE]

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