Kathy GriffinNov 16, 2022
I just dumped all my Tesla stock. It was a good run, but time to sell.
Show threadNafnlaus 🇮🇸 🇺🇦Nov 16, 2022

@kathygriffin On principle or from an investment standpoint?

The former is always understandable. But never make investment decisions based on emotion. Unless the business case has radically changed in the past couple months, it's an emotional decision.

I choose the opposite path. The company's fundamentals remain incredibly strong. Hence I'm focused on decreasing Elon's power via shareholder resolutions.

Show threadHans Gerwitz
@nafnlaus if the market was driven by fundamentals, it’d be quite a bit easier to succeed as an investor, eh?
Nov 16, 2022 at 8:06pmWeb
Show threadNafnlaus 🇮🇸 🇺🇦Nov 16, 2022

@gerwitz I try to ignore the noise; I focus on the long-term and hate short-term thinking.

When it comes to the market, the short-term is a casino. It's just gambling. To quote Benjamin Graham: "In the short-term, the market is a voting machine; in the long term, it's a weighing machine."