The TSLA Market / Economy

[Melkerson]

@Riverman

You’re still completely delusional about the difficulty of beating the market but we will just go in circles. The number of professional investors who have done so over decades is low single digits.

Hope you didn’t miss this one:

@anon38180840

I’m not talking about $10M in tournament poker earnings. I’m talking about $10M in net worth. If I put all the tournament winnings from my run a couple weeks ago ($136K) in the S&P, along with my current retirement accounts ($95Kish), and add $25K a year, at 12% per year that gets me to $4M in 20 years and $10M in 27-28 years. So the market would only need to run a little hot. But I also think I can beat the market until I get to a net worth in that ballpark. At 20% per year I can do it in 18 years.