Story Investing
Investing in stories seems more popular than ever. What are some stories that compelled you to invest?
Igli Laci's avatar
The Bitcoin story - โ€œA global currencyโ€
Nathan Worden's avatar
I'm also compelled by this one. Especially a neutral, permissionless, censorship-resistant global currency ๐Ÿ˜ƒ
Chris Tolvkin's avatar
When I buy into Tesla, I'm not looking at the balance sheet, I'm investing in the story that Elon Musk is looking to extend the longevity of the human race.
Nathan Worden's avatar
How much does the balance sheet come into play later on- if you're concerned that operationally Tesla won't be able to make good on that narrative?
Chris Tolvkin's avatar
Only as an extra check if a lot of FUD is going around and I need to form my own opinion on whether to be worried or not. In early 2019 a lot of people worried Tesla would go out of business (myself included) but then Elon raised around $2 billion.
Pat Connolly's avatar
My favorite story : the Internet is still in the early innings

Only ~65% of the world even has access to the internet. Think about how frustrated we get with certain software products today in the United States, we are using the most advanced versions of software available and consensus would agree that there is a lot of room for improvement. If the #1 economy in the world has such glaring room for improvement just imagine how much improvement could be made elsewhere in the world.
Nathan Worden's avatar
^a great answer for when people as "am I too late to invest in internet stocks?"
Rachel Wolitzky's avatar
Same as it ever was ;)
Nathan Worden's avatar
@drrachelstocks whatโ€™s the story thatโ€™s the same as it ever was? ๐Ÿ˜Ž
Rachel Wolitzky's avatar
@nathanworden investing in stories ;)
Nathan Worden's avatar
๐Ÿ˜„ clever

Also- me too ๐Ÿ˜Ž
Rachel Wolitzky's avatar
@nathanworden and for centuries I think :)
Nathan Worden's avatar
The longer the better! ๐Ÿ˜„
Rachel Wolitzky's avatar
@nathanworden market/investing only an extension of human nature, so yeah Iโ€™d say a while ๐Ÿ˜˜

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