Without a doubt, Tesla is the cult stock of the Millennial and Gen Z generations. The young adults view Elon as a god—the Nikola Tesla of our time. Meanwhile, the Gen X and Boomer generations don’t appear to have the same fervor as their children do. I’d speculate that the majority of them don’t know how to accurately value Tesla with traditional financial metrics. Reading through various analyst reports you could come to the conclusion that analysts are in the same boat.
I’d rather be a tourist in a big city than a permanent resident.
They’re expensive, crowded, have higher crime rates, more pollution, traffic, and typically smell like shit. Sounds enticing.
Today, about half of the world’s population lives in urban areas. There are 400 cities with more than a million people. Roughly 80 percent of Americans live in urban areas, according to the U.S. Census Bureau. What’s strange though, according to Gallup, is Americans don’t want to live in big cities. They want to live in rural areas.
As Bob was painting one of the happy little trees, he mentioned one of his famous mantras “We don’t make mistakes, just happy little accidents”. I couldn’t help but laugh at how simple his idea was. If only I could repeat that mantra every time I made an investing mistake, life would be much better.
The market has turned south so fast and so hard that it’s almost impossible to comprehend. On Thursday, we saw the worst single-day decline since the crash of 1987. Michael Batnick published a post that showed this is the fastest bear market in history. It took 19 days for the Dow Jones Industrial Average to drop 20%. I can’t even read a 300-page book in 19 days.
We’re all addicted to something.
Maybe it’s alcohol. Maybe it’s gambling. Maybe it’s something softer like video games or Twitter. Maybe it’s something harder like pain killers or hard drugs.
On Sunday, I posted a Twitter poll regarding addiction. Some of my followers posted very courageous stories and admissions about addictions. There were even a few brave souls who emailed me their personal stories about overcoming addiction. They were extremely moving and powerful.
Welcome back friends. It’s me, Ramp.
For the past three years I’ve been lurking in the shadows and blogging for other websites, but I’ve decided to come back home and make this my outlet. I cleaned up the website a bit but I still have some work left to do so please bear with me. That being said, if you have any suggestions on things you would like to see on this website, please shoot me an email at timestamp@330ramp.com.
What to expect:
The data above represents the daily percentage return from 3:30-4:00pm. The 3:30 Ramp cumulative return in November = -0.03%. 3:30 Ramps were positive 10 out of 19 attempts (does not include days I was Black Friday Shopping). If you include the Black Friday 12:30pm ramp we were positive in November. $STUDY
