How I Built Conviction in TSLA (Tesla) When It Was $30 (Ep. 104)

In the comment section of one of my videos a viewer asked me the following question: “Can you speak to how you built conviction in Tesla back when it was $30?" In this video, I’m going to share my thoughts on this. Conviction in investing is how deeply you believe in the future of a company or asset. Sometimes that conviction can be based on objective facts, observations and research. Other times that conviction can be more shallow and based on emotions and wishful thinking. One of the keys to investing is to grow accurate conviction. In other words, convictions that turn out to be true. This is a sort of holy grail of investing. Follow me on Twitter: https://twitter.com/heydave7 Follow me on Instagram: https://www.instagram.com/heydave7 Check out my podcast by searching “Dave Lee on Investing” in your podcast player or in iTunes, https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991 Submit a video question at http://www.davelee.tv Watch this video on what a 10x company is, https://www.youtube.com/watch?v=r9HtG-jJSTY Watch this video on how new tech goes mainstream, https://youtu.be/gVsFsydllNo Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768 Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel. Author is long TSLA, SQ and other stocks at time of original video publish date.

Subscribe to Dave Lee on Investing on Soundwise