IA Daily Digest (June 29-30) (Patreon)

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

Date: 29 June 2024 - 30 June 2024

• Tesla:

  • Cathie Wood Prediction: "An autonomous taxi platform has to happen," says ARK Invest CEO Cathie Wood on $2600 $TSLA price target

  • Cathie Wood raised Tesla's price target to $2600 per share, contingent on the success of its autonomous taxi platform.

  • Tesla aims to launch its robotaxi service within approximately 1 to 2 years, pending regulatory approval. China could happen a lot sooner.

  • Autonomous mobility projects like Tesla's could greatly reduce traffic accidents caused by human error, which currently account for 85% of all incidents.

• IA adds that is based on the current cash flow account with PE ratios. If the bot flies, TSLA stock could hit $8k per share by 2032. IA will be able to build his dream orphanage - this is his end game.

  • Long Term Investing & Smart Money:

  Sophisticated capital allocators with a long-term perspective are increasingly placing their bets on Elon Musk and his ventures, particularly SpaceX and Tesla. These astute investors recognize the potential for outsized returns by adopting a patient, forward-thinking approach. Musk himself has noted that when examining the investor roster for his companies' offerings, one finds the most intelligent and strategically-minded players in the market.

  The most astute and well-informed capital in the global financial markets is making a calculated wager on Musk's enterprises. These investors are willing to weather short-term fluctuations in pursuit of potentially transformative long-term gains, aligning their capital allocation strategies with Musk's ambitious technological and industrial goals. As I say - Smart money has a higher time preference that yields higher returns.

• Bitcoin:

  • Thiel vs Saylor:

  Uncle Fred offers an insightful comparison between two prominent billionaire investors, Peter Thiel and Michael Saylor, highlighting their contrasting approaches to cryptocurrency investment. While both are undoubtedly brilliant businessmen, their strategies diverge significantly.

  Peter Thiel, known for his venture capital background, appears to take a more traditional approach to investing, even in the cryptocurrency space. His strategy aligns with typical venture capital practices, focusing on identifying promising startups and emerging technologies. However, Thiel's investment style can be characterized as somewhat cautious, noting his tendency to exit investments early. David Saks says this... and the importance of letting your winners ride. Thiel reportedly missing out on significant gains in companies like PayPal, Meta (formerly Facebook), and Tesla.

  In contrast, Michael Saylor has adopted a bold, all-in strategy centered on Bitcoin. Saylor's approach is described as following the "ultimate macro trend," suggesting he views Bitcoin as a long-term, transformative asset. His strategy involves aggressively acquiring Bitcoin through his company, MicroStrategy, using various methods including issuing company stock and converting cash flows into Bitcoin. Saylor's unwavering commitment to Bitcoin is based on his belief that it offers the best hedge against inflation and currency devaluation.

  Fred concludes that Saylor's approach is the more appropriate one in the current economic climate.

• Investing:

  • ATR:

  The Augmented Trading Range (ATR) model from InvestAnswers took the longest amt of time to build. It is a sophisticated tool designed to assist traders who cannot constantly monitor market charts. Despite its complexity, it is super user-friendly. The key features include:

  Time Frames: Users can select different time frames to analyze trends.

  Trend and Deviation: The model allows toggling between trend analysis and deviation.

  Noise Reduction: Users can adjust the noise reduction settings to filter out market noise.

  The ATR model is optimized for longer-term trading, with recommended time frames of 6, 12, and 24 hours - always watch and tweak and test using the back test.

  • Selling Calls:

  IA recommends using ATR on the 8 to 12 hour for timing selling short term calls.

• TESLA DROP RATES

• Sector Gainers First Half

  • Tech Driven by NVDA and other AI plays

• AI Disrupting Customer Service Industry - Salesforce, Oracle, etc getting hit