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      01-31-2021, 08:12 AM   #6038
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Drives: '23 X3 M40i
Join Date: Sep 2012
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I am thinking we are reaching one of the biggest bubble markets of all time... we are still in the middle of a pandemic and are running on consistent govt stimulus, near zero interest rates and govt bad debt buy ups... yes there is no debt crisis yet, but there will be. It appears that like 2008, no one wants the party to stop... fundamentals are lacking at this point completely. FFS, Tesla's Market cap is 750 billion and their last quarter ebit is precentage points of that... Yeah, it's a good company, its not worth multiples every other car manufacturer that will soon have identical tech and a hundred years experience building cars. Oh and housing prices... it wasn't like this in 2008... call it supply and demand if you want... i call if too many people buying houses out of their reach at record low interest rates. I know probably 10 people that are looking at houses far more expensive than I would... the kicker, i make multiples what they do... good luck out there people.
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