Stocks to Hold for Next Ten Years.

AnotherJoe

RolandFlagg said:

For anyone interested watch videos of Cathie Wood on Youtube. She is CEO of Arc Invest who have ETFs which are unfortunately not available in this country. She has thoughts about disruptive stocks. Future companies that will put older style companies out of the business (like Netfilx did to Blockbuster). Tesla is her biggest holding (it's also the biggest holding of the highly successive Scottish Mortgage Investment fund). In one way she is the total opposite of Buffett. She believes Value stocks are dead. Growth stocks are the future, but because they are more volatile she does agree with Buffett that holding stocks for as long as possible is the way to go. She thinks a lot of analysis/fund managers are akin to flatearters. They only look at fundamentals, P/E ratios, what is happening next quarter etc...and can not see that a company like Tesla is valued the way it is because it will change the future. She sells Tesla stock but only once it's got the stage where it is more than 10% of the portfolio. She says that most managers are far too passive and trade too often to lock in profits, mainly due to the tech bubble in 2008. She also believes that tech companies have had a huge helping hand due to Covid-19, and the future of these companies has been fast-tracked.

ICYMI she's goingg to have a recorded conversation with Trevor Milton. He asked "who is this "woman" and what does she know?" and challenged her to a one on one discussion. 

 Trevor will be a lamb to the slaughter, it could get messy. Probably worth another 10% off NKLA on its downward trajectory except ultimately  it will be like an early  Falcon 9 landing. 

adindas

RolandFlagg said:

For anyone interested watch videos of Cathie Wood on Youtube. She is CEO of Arc Invest who have ETFs which are unfortunately not available in this country. She has thoughts about disruptive stocks. Future companies that will put older style companies out of the business (like Netfilx did to Blockbuster). Tesla is her biggest holding (it's also the biggest holding of the highly successive Scottish Mortgage Investment fund). In one way she is the total opposite of Buffett. She believes Value stocks are dead. Growth stocks are the future, but because they are more volatile she does agree with Buffett that holding stocks for as long as possible is the way to go. She thinks a lot of analysis/fund managers are akin to flatearters. They only look at fundamentals, P/E ratios, what is happening next quarter etc...and can not see that a company like Tesla is valued the way it is because it will change the future. She sells Tesla stock but only once it's got the stage where it is more than 10% of the portfolio. She says that most managers are far too passive and trade too often to lock in profits, mainly due to the tech bubble in 2008. She also believes that tech companies have had a huge helping hand due to Covid-19, and the future of these companies has been fast-tracked.

Because many of them are in disruptive innovation, majority of her holding are traded in NASDAQ. But many of her big holdings could be acquired under the UK regulated platforms. I am not quite sure about her ETFs though as I have not looked at it.

Here are examples of her fund ARKK portfolio in disruptive innovation

https://ark-funds.com/wp-content/fundsiteliterature/holdings/ARK_INNOVATION_ETF_ARKK_HOLDINGS.pdf

There are a lot of videos on you tube regarding her investing Philosophy which is against the Value Investing. But do Investors really care about the term Value vs non-Value investing?? Is value investing dead or not ?

I think what is important for an investor is to take the calculated risk with potential of much higher return than traditional value investing. So far, the return of her fund has outperfomed many traditional fund significantly. Here is example of ARKK vs S&P 500

https://i.postimg.cc/RZtLvDgj/ARKK-vs-S-P-500.jpg

It reminds when the company like Microsoft, Google (Alphabet), Facebook, Netflix, Amazon on their infancies before they turn to become monsters, megacap companies.

coachman12

C_Mababejive said:

coachman12 said:

C_Mababejive said:

My personal advice is that i would never now hold individual stocks. I'd rather buy a diversified low cost tracker

You surely jest. Where is the fun and the ability to study, learn and follow the cry of the chase?

I know,,but i simply dont have time for all of that. I could easily see myself taking my eye off the ball and losing money. Its happened before !. I'm too busy with work and other stuff and anyway i simply dont have the expertise for it. Happy to admit that so im now happy to let the machine do the investing and maybe with some manager input.

I completely understand Mababejive. I think you have to be like the equivalent of what seems to me a Man Utd fan-----it's the big hobby of your life and you spend time on it at least some of every day virtually.  If you haven't got the time or the need for the "cry of the chase" ( did I really say that codswallop ? then the mixture of machine and manager seems just the ticket.

AnotherJoe

LOL. The Tesla website crashed today because the "short shorts" Tesla started selling were so wildly popular.

And then they sold out.

Whatever you think of Musk. other CEO's just don't do this stuff.

RolandFlagg

I don't blame Musk for giving it back to the shorts. They have tried not just to make money but to destroy the company, many backed by oil money. I still can't believe the stock was down to near 400 in March. In hindsight I should have loaded up more. Having said that, it is a volatile stock and if there is another market correction will be hit again. I think today's price of 1200 will look cheap in 5 to 10 years (I'm in for the long term) but with so much uncertainty I wouldn't be buying at that level. At the moment.  
Billionaire investor Ron Baron is another Tesla Bull and is not selling. 
Long Version of his interview with CNBC:https://www.youtube.com/watch?v=R5QJlTMADGQ
Short Version: https://www.cnbc.com/2020/02/04/ron-baron-tesla-to-hit-1-trillion-in-revenue-in-10-years.html

THIS IS NOT INVESTMENT ADVICE.

adindas

RolandFlagg said:

I don't blame Musk for giving it back to the shorts. They have tried not just to make money but to destroy the company, many backed by oil money. I still can't believe the stock was down to near 400 in March. In hindsight I should have loaded up more. Having said that, it is a volatile stock and if there is another market correction will be hit again. I think today's price of 1200 will look cheap in 5 to 10 years (I'm in for the long term) but with so much uncertainty I wouldn't be buying at that level. At the moment.  
Billionaire investor Ron Baron is another Tesla Bull and is not selling. 
Long Version of his interview with CNBC:https://www.youtube.com/watch?v=R5QJlTMADGQ
Short Version: https://www.cnbc.com/2020/02/04/ron-baron-tesla-to-hit-1-trillion-in-revenue-in-10-years.html

THIS IS NOT INVESTMENT ADVICE.

If you are refering to  March 23 than no surprise. vast majority (if not all) stocks plunged around this time.

Cathie wood from ARK is predicting the stock price will up to 15k around 2024

https://www.youtube.com/watch?v=ZSQTA2EMWk8

But  people migh say no wonder as TSLA is one of her main holding. But say the bearish prediction is 5k it is already 500%.

This stock is also recommended by Jim Cramer on his show. I pasted the link in my previous post.

THIS IS NOT A STOCK BUY RECOMMENDATION.

kinger101

adindas said:

RolandFlagg said:

I don't blame Musk for giving it back to the shorts. They have tried not just to make money but to destroy the company, many backed by oil money. I still can't believe the stock was down to near 400 in March. In hindsight I should have loaded up more. Having said that, it is a volatile stock and if there is another market correction will be hit again. I think today's price of 1200 will look cheap in 5 to 10 years (I'm in for the long term) but with so much uncertainty I wouldn't be buying at that level. At the moment.  
Billionaire investor Ron Baron is another Tesla Bull and is not selling. 
Long Version of his interview with CNBC:https://www.youtube.com/watch?v=R5QJlTMADGQ
Short Version: https://www.cnbc.com/2020/02/04/ron-baron-tesla-to-hit-1-trillion-in-revenue-in-10-years.html

THIS IS NOT INVESTMENT ADVICE.

This stock is also recommended by Jim Cramer on his sow. 

But his sow might be telling porkies.

coachman12

kinger101 said:

But his sow might be telling porkies.

Gosh, that is really funny. It must take the bacon as the best razor-sharp humour on the Forum all week.

Thrugelmir

RolandFlagg said:

 I think today's price of 1200 will look cheap in 5 to 10 years (I'm in for the long term) 

Going to have to up their manufacturing capacity. Note that Berlin factory is being downgraded from Giga to Mega status. 

adindas

Thrugelmir said:

RolandFlagg said:

 I think today's price of 1200 will look cheap in 5 to 10 years (I'm in for the long term) 

Going to have to up their manufacturing capacity. Note that Berlin factory is being downgraded from Giga to Mega status. 

What could be said here is that the Electric Vehicle / Self Driving Smart Car will be revolutionasing the automobile industries. It is the same thing to what we have witnessed in the past with the digital revolution. In the past the barrier is the battery technology but nowadays the battery technology is only getting better and better.

Also the demand for the zero emission vehicles, better air quality in the city will be the driving force to move to that direction. This California zero-emission trucks and vans mandatory by 2045 is just one example

"A landmark change from the country’s leader in air quality regulations"

https://www.theverge.com/2020/6/26/21304367/california-electric-trucks-vans-clean-air-pollution-mandatory-rule

Those automaker, car industries are not aware about this will be left behind.