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Cashing In On Tesla's Post-Earnings Bounce--Ben Graham's "The Intelligent Investor" Is No Guide Here

Benzinga ·  Apr 25 01:43

The Trader Versus The Intelligent Investor

One of the more amusing posts on X after shares of Elon Musk's other businessTesla, Inc.(NASDAQ:TSLA) spiked after hours yesterday was this one, picturing someone throwing Benjamin Graham's classic book,The Intelligent Investor, in the trash.

$TSLA +7% pic.twitter.com/m0VVSqKdFU

— Mads Capital (@MadsCapital) April 23, 2024

Of course, Warren Buffett's mentor Graham wouldn't have been surprised by Tesla's spike after missing its earnings estimates. As he famously wrote, "In the short term, the market is a voting machine; in the long term, it's a weighing machine". In...

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