[tejohnso]

You're not alone.

I wouldn't buy it at these levels (or even close to), but I wouldn't short it either.

(paraphrasing C.Munger)

[pinky1417]

I appreciate seeing Charlie Munger show up on HN. He may not be a technophile but his business and life principals are applicable everywhere.

I share Munger's opinion, not just on Tesla. I don't short companies because, as John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” And if I were to short companies, I'd be more likely to choose a Kodak anyway because at least Tesla has a crazy genius CEO who could conceivably grow Tesla to a point where everyone says Tesla's August 2020 would seem reasonable.

[bb88]

>...as John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”

That really explains a lot with what's going on in the current economy.