I am a former sell-side analyst -- UBS 1996-2002, Needham 2002-2006 and ThinkEquity 2006-2008. These days I review automobiles and other technology products, as well as analyze the automotive and technology industries, and coming up with long/short ideas. I also continue to write (less frequently) on macroeconomics and politics.
Hope... It is the quintessential human delusion, simultaneously the source of humanity's greatest strength, and our greatest weakness.
There are two doors...
The door to your right leads to Reason and the salvation of your capital.
The door to your left leads back into the Matrix-- to shorting the stock and the end of your ego.
The problem is choice. But we already know what you are going to do, don't we?
Already I can see the chain reaction: the chemical precursors that signal the onset of an emotion, designed specifically to overwhelm logic and reason. An emotion that is already blinding you to the simple and obvious truth: That $TSLA will reach $200 and there is nothing you can do to stop it.
Pushing penny stocks and pink sheets at Stratton Oakmont.
Accountant and Landlord
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." -Friedrich Hayek