Cody Willard provides insight on investing in the metaverse
Cody Willard, founder of of tradingwithcody.com, weighs in on investing in the metaverse and cryptocurrency on 'Making Money'
Cody Willard, founder of of tradingwithcody.com, weighs in on investing in the metaverse and cryptocurrency on 'Making Money'
I call my management firm the 10,000 Days Management Company because we are looking out 27.4 years into the future. We want to buy the companies creating tens of trillions of dollars in revolutionary economic activity and own them forever.
Look, you either have to believe Elon's on our side as shareholders of each company and accept that there are some conflicts of interest because he's got more control of one than the other, or you have to move on from both TSLA and SPCX.
In the midst of the post-dot-com bubble stock market crash of 2001, with Wall Street layoffs a weekly headline, Jim Cramer wrote an article that finished with a blurb about something like this...
My team and I personally go build our revenue and profitability profile (sorta like EBITDA, I suppose) model and often even make Bull Case, Bear Case and Base Case models for each company to get an even better sense of possible outcomes.