Dr. Burry, which if you haven’t seen “The Big Short” well you should! Anyway he posted this on his twitter:
To which we aptly replied with this potential valuation proposition:
Would love to see if any readers or subscribers would care to opine on the valuation we have for Tesla given that most forget that asset prices are an output of the MV = PQ function that the global central banks use explicitly, they control GDP via M and V one by direct QE and the latter thru CCAR regulatory capital reserve requirements, which is why you see this amount of excess reserves:
The First Qtr of positive cash flow was the Place to buy TSLA from a view of the Funnymentals. Technically I suggested the pullback to 180 ish was a previous Call. IF anyone didn't take some profits on this rally and even TSLA knew to issue Stocks using the recent valaution, I will keep you in my prayers
The First Qtr of positive cash flow was the Place to buy TSLA from a view of the Funnymentals. Technically I suggested the pullback to 180 ish was a previous Call. IF anyone didn't take some profits on this rally and even TSLA knew to issue Stocks using the recent valaution, I will keep you in my prayers
larry@mchann.net