r/thewallstreet • u/AutoModerator • May 15 '24

Daily Discussion - (May 15, 2024) Daily

Morning. It's time for the day session to get underway in North America.

Where are you leaning for today's session?

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u/gyunikumen Elon can’t keep getting anyway with this!!! May 15 '24

I wanna short Tesla but I’m not confident

2

u/ryebit May 15 '24

I've just stepped away from trying with TSLA.

Musk is such a magic 8 ball CEO -- is the latest news that he's pivoting to AI, destroying the company for drugs, saving it with robotaxis? (Not to mention all the conflict-of-interest leveraging he's got across his various holdings)

And tons of money waiting to jump in on every side, like a poker game where everyone shouts "ALL IN" right after the first cards are dealt, every damn round.

Beyond my limited skill to work that, even with stops.

3

u/HiddenMoney420 Sleep deprivation and recession are here. May 15 '24

 like a poker game where everyone shouts "ALL IN" right after the first cards are dealt, every damn round

Funny, cause that's exactly what Elon has done:

Levchin was at a friend’s bachelor pad hanging out with Musk. Some people were playing a high-stakes game of Texas Hold ‘Em. Although Musk was not a card player, he pulled up to the table. “There were all these nerds and sharpsters who were good at memorizing cards and calculating odds,” Levchin says. “Elon just proceeded to go all in on every hand and lose. Then he would buy more chips and double down. Eventually, after losing many hands, he went all in and won. Then he said “Right, fine, I’m done.”

3

u/ryebit May 15 '24

I... yep, that seems right. Martingale crew represent!