Dave Lee on Investing

Livestream of Tesla's Q4 2020 Financial Results audio conference call via https://ir.tesla.com .

Subscribe to Dave Lee on Investing on Soundwise

I share my LIVE reaction and thoughts to Tesla’s Q4 2020 Shareholder Letter (TSLA) and Earnings Report.

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🐦 Twitter https://mobile.twitter.com/heydave7

🎧 Apple Podcast: https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991

🎙️Spotify https://open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg

📸 Instagram https://www.instagram.com/heydave7

💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date.

Buying a Tesla?

🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556

☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556

Videos:

Tesla ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re

SpaceX Starlink ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI

Square ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7

Lemonade ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ

Company Analysis Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo

Interviews: https://www.youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P

Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768

Subscribe to Dave Lee on Investing on Soundwise

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: https://twitter.com/emmetpeppers

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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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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I'm joined by Jason DeBolt who shares the ups and downs of his TSLA investment journey on his road to being retired at 39 years old.

Jason DeBolt on Twitter: https://twitter.com/jasondebolt

Timestamps:

00:00 - Introduction

2:00 - Investing for outsized gains

4:25 - What led up to your first TSLA investment?

9:10 - Overview of Jason account

11:00 - Growing up in Silicon Valley

16:20 - College and compounding

19:35 - Post college at Google

27:15 - How software background impacts investments

31:00 - What triggered his first 500 pre-split purchase in 2013?

41:15 - Jason's second TSLA purchase at $82 pre-split

44:50 - Going on margin

55:55 - Getting margin called

1:01:25 - Reaction to Tesla's unravelling

1:11:20 - Paying off margin

1:15:40 - How past experience affects Jason's future investing approach

1:18:16 - TSLA exit plan

1:24:20 - Working at Tesla

1:28:00 - Google vs Amazon and Tesla

1:32:40 - Being smart in one area vs being multidisciplinary

1:38:30 - Personal conviction in the future of Tesla

1:42:50 - Ross Gerber's advise to sell some TSLA

1:48:00 - Roth IRAs

1:51:00 - Conclusion

Social

🐦 Twitter https://mobile.twitter.com/heydave7

🎧 Apple Podcast: https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991

🎙️Spotify https://open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg

📸 Instagram https://www.instagram.com/heydave7

💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date.

Buying a Tesla?

🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556

☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556

Videos:

Tesla ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re

SpaceX Starlink ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI

Square ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7

Lemonade ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ

Company Analysis Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo

Interviews: https://www.youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P

Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768

Subscribe to Dave Lee on Investing on Soundwise

In this video Rob Maurer from @Tesla Daily interviews me. :) Rob Maurer on Twitter: https://twitter.com/TeslaPodcast

Timestamps:

00:00 - Introduction

1:15 - Start of Interview

1:28 - Tesla's current valuation

8:45 - FSD

10:30 - Moving to Austin and travels

13:30 - Dave's background

14:40 - Grad school in Korea

17:05 - Dave's upbringing

20:30 - Living in a $350/month room

24:20 - Seeing thriving economies and businesses

27:30 - Starting a business

28:38 - Green pastures investment philosophy

29:15 - The iPhone AppStore

30:50 - Why try to find great returns

40:00 - 100x effectiveness in giving

44:25 - How Dave got into Tesla

52:55 - How keep conviction in Tesla over time

1:01:12 - Tesla selling hardware at cost

1:04:11 - Autonomy and winner takes all

1:13:20 - Elon's noble mission that makes business sense

1:16:05 - Thoughts on X holding company

1:22:00 - Elon and Steve Jobs

1:25:40 - Elon and the X holding company

1:32:05 - Conclusion

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I talk with a Matt Porter, a former top producing Redfin agent in the San Diego area, about the potential and challenges for Redfin, Zillow and OpenDoor to disrupt the real estate market.

Matt Porter on Twitter: https://twitter.com/mattporta11

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I chat with Omar Qazi of Whole Mars Blog about the state of Tesla's FSD (beta) build, how it's improving, and when we could see a wide release.

Timestamps

00:00 - Introduction

1:20 - Omar's SF to LA trip on FSD

8:30 - Does FSD have a nag screen?

10:55 - Improvements in FSD beta so far

15:05 - How long will FSD need human oversight?

19:00 - How might Tesla release Robotaxi?

25:30 - Challenges of a car rental model for Robotaxi

26:20 - When will Tesla roll out Robotaxi?

27:30 - Waymo vs Tesla

30:40 - When will FSD be more widely rolled out?

36:10 - Tesla's future roadmap

41:22 - Massive disruption of the physical web of infrastructure

48:15 - The autonomous pizza van

52:00 - Tesla drones and robots

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Emmet Peppers and I discuss wide range of investing topics: TSLA, preparing for market correction, Tesla competition, LMND shorts, and life hacks.

Timestamps:

00:00 - Introductions

2:02 - Tesla in the 800's and acclimating to the stock price

5:20 - Concern of bubbles

8:30 - Real estate and fear of inflation

12:00 - Having cash on hand

14:30 - Strategy for a market correction

19:15 - Update on Emmet's Jan 15 TSLA options

23:00 - Betting and options trading

24:30 - Emmet's TSLA S&P options return

30:05 - Why do a hedge fund?

32:15 - Watching TSLA everyday

34:30 - 100x charitable giving

43:25 - Tesla plane

46:00 - Elon's CEO compensation plan

49:20 - Tesla's competition

56:23 - Citron shorting LMND

1:03:40 - Advice for younger audience with no money

1:08:40 - Dave's most important habit

1:20:27 - Conclusion

Recent podcast interview of Emmet on Technori, https://podcasts.apple.com/us/podcast/technori-podcast/id1037498205

Emmet on Twitter: https://twitter.com/emmetpeppers

Emmet's website: https://goodsoilinvestment.com/

Playlist of past Emmet Peppers chats: https://www.youtube.com/watch?v=ZxJpjKaB7iU&list=PLfibpgBinf9TaDMLOD8li0PHDwVD3YuYE

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Catch the companies that are in huge markets with true global network effects and are poised to become the dominant player.

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