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Elon Musk Looks Desperate | How to lose $148 billion in less than two months
(www.theatlantic.com)
this post was submitted on 14 Mar 2025
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I don't know why you keep talking about investor sentiment when that has nothing to do with what I've been talking about here. I've been narrowly speaking of Elon himself. How he feels doesn't matter. What matters is what he does. Stocks fluctuate; that's called volatility, and every investor knows this. A portfolio is just a stack of paper until you convert it back into cash. How you feel about that stack of paper is entirely irrelevant.
Because investor sentiment is the reason your claims are wrong. Of course you haven't been talking about it; it dismantles your argument, and you're here to win a debate rather than to have a conversation. I wouldn't talk about either if I were in your position and trying to feel right on the internet.
"How he feels doesn't matter. What matters is what he does" is flatly incorrect; how people feel plays a significant role in determining how they act and how they present themselves/their brand in public. These things go on to affect things like investor confidence, which goes on to effect stock market prices. These variables are all far too coupled to claim that any one matters but any other does not.
"A portfolio is just a stack of paper until you convert it back into cash". Yeah, that's kinda how all currency works. It's just a stack of paper until you convert it into goods. Given the propensity of the rich to borrow against their net worth whenever they need liquid cash to acquire goods, losing net worth on the stock market is a very real financial loss in his case.
Let's take a look at my original message again:
Now what does any of what you been talking about have to do with this? What am I wrong about there? You've just been rambling about completely irrelevant stuff since your very first response to me. I literally don't even know what you disagree about.