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2 Thoughts From Bart Walker on Volatility and Tesla

 

A couple of thoughts:

1. Betting on the S&P or Dow or Nasdaq is a 2 year bet, not a two week bet. Unless you’re a day trader, it will be ok. Massive, sudden tectonic shifts in tariffs and government spending cuts will absolutely hurt short term. Absolutely. Long term we don’t have a choice but to reduce deficits and work down interest service on the national debt. It’s a long term viability risk. Hopefully we are done with the broadsword and exchange it for a scalpel going forward.

2. Tesla is a 10 year bet. Macro level there will be a market for electric and self driving vehicles. Tesla has an enormous head start. How SpaceX and Starlink play into that I don’t know. But I do know that it is all upside.

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