Why 80% of my portfolio is Tesla
So I checked my trading accounts, and 80% of my portfolio (by value) - not including Google (because I work there) or RRSPs - is TSLA. Some might think that I'm too heavily weighted on one company, I disagree. Why? Because everyone I know wants to work for Tesla or SpaceX. Not, Amazon, Facebook or Apple. Why? Because Tesla is making a huge difference. Their mission statement is: "Accelerating the world's transition to sustainable energy" And they are accomplishing it! Also, Tesla is getting things done! They are coming out with new cars, factories, solar roofs, and batteries faster than anyone could have predicted. The pace is exciting. The impact you can make, not to your own wealth, but to the whole world is enormous. If you are smart and capable, do you really want to work at a startup, where maybe, just maybe, you might make a small difference (and make some money) - or work for Tesla where even if you were a minor cog in the wheel you would make ...