On Sept 16 2010, Emmet Peppers contributed $2,686 to his IRA. This contribution has grown to $29 million as of Jan 18, 2021. In this video, I dive deeper for lessons and takeaways.

Emmet Peppers on Twitter:

Emmet Peppers Interview playlist: https://www.youtube.com/watch?v=ZxJpjKaB7iU&list=PLfibpgBinf9TaDMLOD8li0PHDwVD3YuYE

Timestamps:

0:00 - Introduction

2:50 =-Blowing up pervious Roth IRA

5:28 - 10,000x IRA gains

6:02 - Disclaimer & Risk

11:18 - Initial IRA Goals

13:00 - Emmet's background knowledge of options

19:48 - 2010-2013 IRA trade history and TSLA options

26:22 - Intro to concept of options

35:50 - Concept of buying/selling TSLA options

37:15 - 2014-2016 IRA performance, Aug 2014 $577k short-term peak

41:50 - Owning Tesla cars, building conviction

45:10 - 2019 year of pain, $29k low point

49:03 - 1000x gains in 1.5 years

51:18 - Looking at specific trades in 2020

56:30 - Current IRA balance and positions

1:04:38 - Holding TSLA stock and not TSLA options currently, risk with options

1:09:43 - Taking some off the table

1:13:15 - Sources of information

1:14:00 - Lessons & takeaways, Belief in outsized gains, Win Big

1:16:30 - Stocks/options as pathway for accelerated gains, methodology of looking for big misplaced opportunity

1:23:15 - Can Emmet 100x again?

1:28:08 - Finding another Tesla, Amazon, Apple

1:28:55 - What's the point? 100x giving

1:40:36 - 6-year-old pulling own first tooth

1:43:44 - Conclusion

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