> Unless the market can remain bored longer than institutional investors can remain solvent...
Don't let nit-picky facts like that institutional investors control substantially more capital than retail investors get in the way of a good narrative.
Don't let nit-picky facts like that institutional investors control substantially more capital than retail investors get in the way of a good narrative.
No, there is no good reason for Tesla to be valued the way it is - but there is no shortage of people willing to buy it without putting too much thought into the price, either.