Investors are not always driven by short term yield because they need to account for several considerations besides short term paper gains. These considerations include potential downsides, the cost for accumulation, and the long term trajectory of companies. Such factors are usually oblivious to the majority of investors because they are often limited by the balance of their war chest for investing. Big-time investors on the other hand are always looking for future value and a good example would be companies like Tesla in 2018- early 2019 when the whole world was skeptical about the company’s ability to meet the demand and orders. At that time, if you would have loaded on such stock while it was still hemorrhaging and rived with bad news then you would understand the pain of investing large quantities of capital. In this week’s post, we...