How i whent from 70k and made 6million over 3 years. Investing 75% of my salary from working in a hospital. (was 70-100% investedinto tesla during the years only sold when other companies where on large discounts).
Next goal to reach 20million, selling part of my TSLA position at 1k. Seens i belive it will be passive for a long time to come and other companies are cheap as dirt.
Wow, 3 more years as a doctor and then you can retire ;-)
logicalBird1984
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Interesting play. Good for you! As for the best undervalued company out there, in your opinion, what is your top pick? Best wishes.
epicscoreeu
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@logicalBird1984, hi, depends on what your looking for ? high risk explosive growth? or stable compounding. I would still add TSLA at 50p/e, revnue growth+return on invested capital = ~the P/E a company is a good buy.
But at the current time i hold high Return on invested capital companies: Pool GGG Monster bevrage IDEX corperation Unitedhealth group Kroger also baught alott of microsoft this year bellow 250 when i read about Bill gates buying i belive it was 9 billion usd in shares at 235~. (now sitting on 34.9% gain) {all 15%+ return of capital invested companies with a spread in difrent sectors KR/MSFT position cause they where undervalued}
I will buy TSLA if i see it at 150$-125$ but probably a lower position size and lett it grow, when i baught it back in 2018 it was equivalent to 37 dollars ~ i would have made more just holding it, you live and you learn; streatched valuation on high growers dose not seem to matter to much in the long tearm. (i think TSLA will bounce bettwen 150-300 for some time untill they can gett more publicity again to drive it to new valuations)..
I want it to be undervalued and Quality prefered if i buy something; and i dont mind having my it take up 15-30% of my portflio and then just lett it run.