[KinAlberta]

Originally Posted by fishtank

Personal opinion... I have cash out of tech stocks , I feel there will be a correction coming once the covid situation come to ends the numbers the looking great but it’s unsustainable . Will look into another unloved sector

TSLA vs BRK

Tesla has surged past $525 billion in market value and could soon overtake Warren Buffett's Berkshire Hathaway. Here's why that's astounding | Markets Insider

[ BRK ] boasts a roughly $230 billion equity portfolio... earned $255 billion in revenue ... $81 billion in net income. Moreover, it held $137 billion in cash and short-term investments at the end of March - enough to buy Tesla in its entirety at the time, as its market value had tumbled below $100 billion during the coronavirus crash.

Meanwhile, Tesla had about 48,000 full-time workers last year, less than an eighth of Berkshire's workforce. It also generated about $25 billion in sales - a tenth of Berkshire's revenue - and posted a $900 million net loss. Musk's company also had only $6.6 billion in net assets last year, less than 1/60th of Berkshire's $425 billion.


https://www.businessinsider.com/elon...thaway-2020-11