This is just a quick message to let you know that in addition to writing these email newsletters, I am back on YouTube! And it would make a big difference if you could please head on over there and subscribe to the channel.
Today, I’ve uploaded a new video on the subject of Tesla’s proposed stock split.
The stock split makes little or no difference to the value of the business, but resulted in Tesla’s market cap increasing in one day by more than Enron’s peak market capitalisation (not using inflation-adjusted dollars, but I think you get the point!)
Anyway, if you’d like to help me see the light when it comes to Tesla, just let me know in the comments under the video. I still consider this to be the biggest single stock bubble in the entire history of capitalism (and therefore maintain a small short position in it).