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by panick21_ 1087 days ago
All that means is that you don't believe your own story.

People said this all the time about Tesla a few year ago. But the stock value back then is easly justified by what they have achieved since.

So the reality is that 'Tesla fans' were not irrational, but they were simply correct. And the people who endlessly repeat the 'market can stay irrational longer then you can sty solvent line' were simply wrong.

Its also an absurd fantasy that Tesla stock is only carried by irrational Musk fan boys. When in reality is mostly large institutional investors who do the same financial analysis on Tesla as anything else they buy.