I took some shares in Tesla when they were quite low. Like I did with Apple, when I decided to invest to see if I could raise the money to buy a new Mac computer (I did).
This time, with Tesla, I'm not sure if I can raise the money to buy a new car, but it is still interesting to see how the shares have climbed back up. 45% in a month beats current interest rates.
By comparison with my sparkling bet on a positive future, there are also the dubious hedge funds and shorting practises. These dark people bet that a share will do worse in the short term and that they can profit from the misfortune. They bet on failure. I think of it as immoral wealth destruction.
I sense another novel with this as a sub-plot - maybe after Artificial.
Intriguing to see how many, say, MP business and MP Pension funds include an element of hedging.
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