Agree with his one key compone

Agree with his one key component and that is not investing in a stock that has too high a P/E ratio, as being too risky because fundamentally it didn't sound right, but long term wise TSLA may grow to its full potential assuming his FSD, Optimus and other of his initiatives do take profits but not many investors are convinced that the time is not now.

Sorry, Elon: Warren Buffett Won't Be Buying Tesla Stock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":303196761280688,"tweetId":"303196761280688","gmtCreate":1715058170133,"gmtModify":1715063274732,"author":{"id":3576157343730083,"authorId":3576157343730083,"authorIdStr":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Agree with his one key component and that is not investing in a stock that has too high a P/E ratio, as being too risky because fundamentally it didn't sound right, but long term wise TSLA may grow to its full potential assuming his FSD, Optimus and other of his initiatives do take profits but not many investors are convinced that the time is not now.&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Agree with his one key component and that is not investing in a stock that has too high a P/E ratio, as being too risky because fundamentally it didn't sound right, but long term wise TSLA may grow to its full potential assuming his FSD, Optimus and other of his initiatives do take profits but not many investors are convinced that the time is not now.&nbsp;</p></body></html>","text":"Agree with his one key component and that is not investing in a stock that has too high a P/E ratio, as being too risky because fundamentally it didn't sound right, but long term wise TSLA may grow to its full potential assuming his FSD, Optimus and other of his initiatives do take profits but not many investors are convinced that the time is not now.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/303196761280688","repostId":2433323881,"repostType":2,"repost":{"id":"2433323881","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1715047200,"share":"https://www.laohu8.com/m/news/2433323881?lang=&edition=full","pubTime":"2024-05-07 10:00","market":"us","language":"en","title":"Sorry, Elon: Warren Buffett Won't Be Buying Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2433323881","media":"Dow Jones","summary":"Tesla doesn’t fit the Berkshire Hathaway formulaElon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.“We only swing at pitches we like,” Buffett has said.Tesla ","content":"<html><head></head><body><p>Tesla doesn’t fit the Berkshire Hathaway formula</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0f6f4158b6c87b60298d5044214a189d\" alt=\"Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.\" title=\"Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.\" tg-width=\"701\" tg-height=\"793\"/><span>Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.</span></p><p><strong><em>“We only swing at pitches we like,” Buffett has said.</em></strong></p><p style=\"text-align: start;\">Tesla Chief Executive Elon Musk suggested over the weekend that Warren Buffett’s Berkshire Hathaway should purchase Tesla stock.</p><p style=\"text-align: start;\">“It’s an obvious move,” Musk posted in a message on X, the social-media service platform he owns.</p><p>Buffett likely wouldn’t agree. That’s because Tesla’s shares have far different characteristics than the kind of stocks that Buffett over the years has favored. While this is no guarantee that Berkshire wouldn’t purchase Tesla stock, it would be highly out of character for Buffett to do so. (Multiple attempts to seek comment from Berkshire Hathaway were unsuccessful.)</p><p>We know the kind of stocks Buffett favors because of a study that appeared six years ago in the Financial Analysts Journal. Entitled “Buffett’s Alpha,” the study was conducted by three principals at AQR Capital Management, each of whom has strong academic credentials: Andrea Frazzini, David Kabiller, and Lasse Pedersen.</p><p>These researchers in effect unlocked the secret of Buffett’s long-term success. Up until their study appeared, no one had succeeded in devising a set of stock-picking criteria that, in backtesting, would have performed as well as Berkshire Hathaway. Many had concluded that Buffett’s success was dependent on his unique insight and could not be duplicated.</p><p>In essence, stocks satisfy the criteria to the extent they simultaneously have low price-to-book ratios and betas, and high dividend-payout ratios and growth rates of profits.</p><p>Tesla satisfies just one of the requisite criteria for these “cheap, safe, quality stocks”: Its profits have grown impressively over the past five years. It fails the other criteria: Its price-to-book ratio is one of the highest in the market — higher than 88% of the other stocks in the S&amp;P 1500 index, according to FactSet data; furthermore, Tesla’s beta is higher than 94% of the stocks in that index, and it pays no dividend.</p><p>Given this, it seems most unlikely that Tesla stock would be the “occasional big opportunity” that Buffett mentioned in this past weekend’s Berkshire Hathaway annual meeting as what he’s looking for in order to put some of the company’s nearly $200 billion cash hoard to work. “We only swing at pitches we like,” Buffett said.</p><p style=\"text-align: start;\">Increasing the confidence in this conclusion is the out-of-sample performance of the stock-picking criteria the researchers devised. There are two funds that come close to putting those criteria into practice, and both closely match Berkshire’s return: They are the AQR Large Cap Defensive Style Fund AUEIX and the iShares Edge MSCI USA Quality Factor ETF. Since the researchers’ study first began circulating in academic circles (November 2013), Berkshire Hathaway stock has produced a 12.5% annualized return, in contrast to 12.3% annualized for QUAL and 11.3% for AUEIX.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sorry, Elon: Warren Buffett Won't Be Buying Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSorry, Elon: Warren Buffett Won't Be Buying Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-07 10:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla doesn’t fit the Berkshire Hathaway formula</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0f6f4158b6c87b60298d5044214a189d\" alt=\"Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.\" title=\"Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.\" tg-width=\"701\" tg-height=\"793\"/><span>Elon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.</span></p><p><strong><em>“We only swing at pitches we like,” Buffett has said.</em></strong></p><p style=\"text-align: start;\">Tesla Chief Executive Elon Musk suggested over the weekend that Warren Buffett’s Berkshire Hathaway should purchase Tesla stock.</p><p style=\"text-align: start;\">“It’s an obvious move,” Musk posted in a message on X, the social-media service platform he owns.</p><p>Buffett likely wouldn’t agree. That’s because Tesla’s shares have far different characteristics than the kind of stocks that Buffett over the years has favored. While this is no guarantee that Berkshire wouldn’t purchase Tesla stock, it would be highly out of character for Buffett to do so. (Multiple attempts to seek comment from Berkshire Hathaway were unsuccessful.)</p><p>We know the kind of stocks Buffett favors because of a study that appeared six years ago in the Financial Analysts Journal. Entitled “Buffett’s Alpha,” the study was conducted by three principals at AQR Capital Management, each of whom has strong academic credentials: Andrea Frazzini, David Kabiller, and Lasse Pedersen.</p><p>These researchers in effect unlocked the secret of Buffett’s long-term success. Up until their study appeared, no one had succeeded in devising a set of stock-picking criteria that, in backtesting, would have performed as well as Berkshire Hathaway. Many had concluded that Buffett’s success was dependent on his unique insight and could not be duplicated.</p><p>In essence, stocks satisfy the criteria to the extent they simultaneously have low price-to-book ratios and betas, and high dividend-payout ratios and growth rates of profits.</p><p>Tesla satisfies just one of the requisite criteria for these “cheap, safe, quality stocks”: Its profits have grown impressively over the past five years. It fails the other criteria: Its price-to-book ratio is one of the highest in the market — higher than 88% of the other stocks in the S&amp;P 1500 index, according to FactSet data; furthermore, Tesla’s beta is higher than 94% of the stocks in that index, and it pays no dividend.</p><p>Given this, it seems most unlikely that Tesla stock would be the “occasional big opportunity” that Buffett mentioned in this past weekend’s Berkshire Hathaway annual meeting as what he’s looking for in order to put some of the company’s nearly $200 billion cash hoard to work. “We only swing at pitches we like,” Buffett said.</p><p style=\"text-align: start;\">Increasing the confidence in this conclusion is the out-of-sample performance of the stock-picking criteria the researchers devised. There are two funds that come close to putting those criteria into practice, and both closely match Berkshire’s return: They are the AQR Large Cap Defensive Style Fund AUEIX and the iShares Edge MSCI USA Quality Factor ETF. Since the researchers’ study first began circulating in academic circles (November 2013), Berkshire Hathaway stock has produced a 12.5% annualized return, in contrast to 12.3% annualized for QUAL and 11.3% for AUEIX.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4534":"瑞士信贷持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0234572021.USD":"高盛美国核心股票组合Acc","BRK.A":"伯克希尔","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BRK.B":"伯克希尔B","LU2063271972.USD":"富兰克林创新领域基金","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","BK4550":"红杉资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1548497426.USD":"安联环球人工智能AT Acc","BK4551":"寇图资本持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0971096721.USD":"富达环球金融服务 A","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","TSLA":"特斯拉","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4548":"巴美列捷福持仓","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4176":"多领域控股","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2433323881","content_text":"Tesla doesn’t fit the Berkshire Hathaway formulaElon Musk says “it’s an obvious move” for Berkshire Hathaway to buy Tesla stock. Not so fast.“We only swing at pitches we like,” Buffett has said.Tesla Chief Executive Elon Musk suggested over the weekend that Warren Buffett’s Berkshire Hathaway should purchase Tesla stock.“It’s an obvious move,” Musk posted in a message on X, the social-media service platform he owns.Buffett likely wouldn’t agree. That’s because Tesla’s shares have far different characteristics than the kind of stocks that Buffett over the years has favored. While this is no guarantee that Berkshire wouldn’t purchase Tesla stock, it would be highly out of character for Buffett to do so. (Multiple attempts to seek comment from Berkshire Hathaway were unsuccessful.)We know the kind of stocks Buffett favors because of a study that appeared six years ago in the Financial Analysts Journal. Entitled “Buffett’s Alpha,” the study was conducted by three principals at AQR Capital Management, each of whom has strong academic credentials: Andrea Frazzini, David Kabiller, and Lasse Pedersen.These researchers in effect unlocked the secret of Buffett’s long-term success. Up until their study appeared, no one had succeeded in devising a set of stock-picking criteria that, in backtesting, would have performed as well as Berkshire Hathaway. Many had concluded that Buffett’s success was dependent on his unique insight and could not be duplicated.In essence, stocks satisfy the criteria to the extent they simultaneously have low price-to-book ratios and betas, and high dividend-payout ratios and growth rates of profits.Tesla satisfies just one of the requisite criteria for these “cheap, safe, quality stocks”: Its profits have grown impressively over the past five years. It fails the other criteria: Its price-to-book ratio is one of the highest in the market — higher than 88% of the other stocks in the S&P 1500 index, according to FactSet data; furthermore, Tesla’s beta is higher than 94% of the stocks in that index, and it pays no dividend.Given this, it seems most unlikely that Tesla stock would be the “occasional big opportunity” that Buffett mentioned in this past weekend’s Berkshire Hathaway annual meeting as what he’s looking for in order to put some of the company’s nearly $200 billion cash hoard to work. “We only swing at pitches we like,” Buffett said.Increasing the confidence in this conclusion is the out-of-sample performance of the stock-picking criteria the researchers devised. There are two funds that come close to putting those criteria into practice, and both closely match Berkshire’s return: They are the AQR Large Cap Defensive Style Fund AUEIX and the iShares Edge MSCI USA Quality Factor ETF. Since the researchers’ study first began circulating in academic circles (November 2013), Berkshire Hathaway stock has produced a 12.5% annualized return, in contrast to 12.3% annualized for QUAL and 11.3% for AUEIX.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":288,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/303196761280688"}