Originally Posted by
alokdhir
Do u know the P/E these big names trade on ...TESLA is 300 ...mind boggling 300 P/E ...and its not a tech company but a manufacturing one ...but people are paying high prices to own future Apple or so . They are not looking to make money in next 2 years but investing for next 30 years ...many traders dont have that perspective of super long term investors like pension funds etc ...they dont care if next year TESLA is $ 400 ...they just know in next 10 years it maybe $ 4000 .
Traders vs Investors is different perspective of investments ..." Time in the market is more important then Timing the market "
Our FPH / MFT are also long term investment grade stocks ...may look pricey at P/E of 30 + to traders but not to investors .