{"id":2327588,"date":"2021-03-01T13:22:30","date_gmt":"2021-03-01T18:22:30","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2327588"},"modified":"2021-03-01T13:22:30","modified_gmt":"2021-03-01T18:22:30","slug":"tesla-snap-carvana-big-returns","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/tesla-snap-carvana-big-returns\/","title":{"rendered":"Big Returns!"},"content":{"rendered":"

Many of today\u2019s investors<\/a>, particularly the young aggressive Robinhood types, want big returns, and that is something more than the stock market, or the average stock, can provide. Read the academic literature, or Aswath Damodaran\u2019s blog, Musings on Markets, and you will learn that investors can expect a return of about 6% per year on the average stock. 6% per year? To an aggressive young investor whose experience with the stocks is a twelve-year bull market topped off by a more than 90% increase in the NASDAQ index since its low in March 2020, 6% is chicken feed, they want big returns. In some cases, they even eschew stocks for options because the effective leverage opens the door to even bigger returns and big returns are what some sexy stocks have delivered. For instance, since the lows in March, Tesla is up about 700%, Snap is up about 600%, and Carvana is also up 600%.<\/p>\n\n\t\n\t