Joseph: High Conviction Investing (Patreon)

How one trade can change the game....

There was a cool interview with Joseph - https://x.com/ShrimpTeslaLong and here is the gist of it

• Joseph initially considered shorting Tesla but changed his mind after researching the company thoroughly.

• He was pissed he missed so many early opptys in AMZN, GOOG, META etc

• He invested $979,000 in Tesla in 2019, just before the Q3 earnings report. Price was about $12.28 to $17.50 range. He now has $25M in TSLA. My avg price was about $17.50 until the Tesla Bear Market where I built up my position heavily in low 100s.

• Joseph's conviction in Tesla is based on its segments, including energy, cars, autonomy, robots, and AI.

• Joseph has 90% of his net worth in Tesla

  

• He believes Tesla's competitive advantages lie in its pace of innovation, technological capability, and vertical integration. REM RATE OF CHANGE IS EVERYTHING>

• Joseph sees the Optimus robot as Tesla's endgame, with huge potential for commercialization and widespread adoption.

• He expects Tesla's stock price to reach $4,000 by 2030-2031, with his BULL TARGET estimate being $8,200. I made a video 2 years ago called 8 ways to $8,000... interesting he sees the same number.

• Joseph emphasizes focusing on share count rather than share price, aiming to accumulate as many shares as possible. Price be damned. Kinda like Saylor always buying the top.

• He sees huge potential in Tesla creating "Optimus-compliant" appliances and APIs, expanding the robot's utility. Eg Sushi Chef, Guard, Teacher

• Joseph stresses the importance of having strong conviction and betting big on investments you truly believe in. I call this going for the Jugular.

Why Joseph keeps buying shares even though he has 60,000 shares: Joseph continues to buy Tesla shares despite already owning 60,000 because he maintains extremely high conviction in the company's long-term potential.

Like me, he believes Tesla is still the best risk-adjusted investment available, offering the highest return on investment with the lowest risk. Joseph sees Tesla as a well-diversified company within itself, with multiple high-potential business segments. He views accumulating shares as a way to avoid future regret, believing that the current share price is still cheap compared to the company's future value. Joseph's goal is to deploy his capital in the most effective way possible, and he sees no better option than continuing to invest in Tesla.