MT

Learning trading means living a few years of your life like most people won't,so that you can spend rest of your life like most people can't

Happy Wednesday!

My take on the new McLaren… read here: thecontinentalman.com

And time to relax….

Top 5 #trading advice: Don’t blow up your account. Can’t trade when you’re broke. Cut losers fast. Hope is not a trading strategy. Let winners run. Dont take $10 profit&$1,000 losses. Size matters. Dont go all in. Add slowly. If your idea starts with “trust me bro”- don’t do it.

Imagine explaining SpaceX to your grandfather: “So $SPCX a company that launches rockets, provides global internet from space, lands boosters backwards, wants to colonise Mars and is worth trillions.” Grandad: “Does it pay a dividend?” Me: “No.” Grandad:

8/ So are you buying? Interested to hear both bull and bear cases.

7/ My view: SpaceX may become one of the most important companies ever built. It may also be one of the most difficult stocks to value correctly. Both things can be true at the same time.

6/ Then there is Mars. Many people laugh at this. I don’t. History shows the biggest fortunes often come from betting on things that initially sound impossible. The issue is timing. Investors operate in quarters. Mars operates in decades. Timing again.

5/ Another risk: Elon Musk. He’s arguably one of the greatest entrepreneurs in history. But the man is a risk. When one person’s vision is so central to a company, investors must ask: What does SpaceX look like without Elon?

4/ Starlink is incredible. But telecom is a competitive business. Governments regulate it.
Competitors emerge.
Pricing pressure happens. The question isn’t whether Starlink succeeds. The question is whether it succeeds enough to justify the valuation.

3/ But there are risks. At a $1.7T+ valuation, investors aren’t buying today’s company. They’re buying tomorrow’s dreams. The problem? Dreams are already partly priced in. Execution now matters more than vision.

2/ The bullish case: • Dominant launch provider • Reusable rockets changed economics • Starlink already generates substantial recurring revenue • Strong government and defence relationships • Massive technological lead • Potential future businesses not yet fully monetised

1/ SpaceX IPO is finally here. Everyone is talking about whether it’s a buy. I think the more interesting question is: What could make this the best investment of the next decade… and what could make it disappoint investors? $SPCX

Hello Italy!

Read my take on the new all electric Ferrari Luce- thecontinentalman.com/articl…

Hello France - back in my french property. Urgent gardening needed!

Fantastic few days in Scotland with friends. This country & roads deliver everytime…