IA Daily Digest (June 18-20, 2024) (Patreon)

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: 18 June 2024 - 20 June 2024

• Bitcoin:

  • Bull Market:

  We are still only half way through the bull. The team is still finding alpha, but finding 10xs are harder. The irony is people leave in the bear market and that is the most important time to be here. That is when billions are made. ⁠

  • Price Chop:

  A member hopes TSLA doesn’t church sideways for the next 1.5 year thus killing leap value. However; IA argues Tesla’s SAAS revenue is on the rise, margins on the rise, megapacks on the rise, Cybercab floating around and bots will ship next year.

  • Energy Storage:

  Energy Storage deployment has increased 35% QoQ at TSLA. Everyone is ignoring this, IA states, and in the AI world it is key.

• Trading and Equities:

  • Trading Style:

  IA is a value disruption investor. He buys disruption cheap. ⁠

  • Tesla Allocation:

  Everyone needs to have exposure to TSLA. ⁠

  • HPE:

  IA would not buy HPE. No growth, reducing profit, and went no where for decades. ⁠

  • Semiconductor Stocks:

  TSM, AVGO, and ASML will have their day in the sun, but NVDA smokes them all. IA advocates for being in the winner. ⁠

  • Having Cash:

  IA always has cash on hand, and he is very heavy right now at about 15%. He is never under 7% cash unless there is a pico bottom and he will blow it all. ⁠

• Solana:

  • JUP:

  IA is eyeing JUP, stating it looks juicy.