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If you ever feel like an idiot, just remember: there are professional investors who loaned $CVNA $750m sr unsecured at 4.875 in August of 2021
I’m no expert but when I see 10+ billion in revenue and negative net income, I’m good. I’m not a venture capitalist and can’t predict the future. I’m good on the crystal ball growth companies. The numbers I look at for my investments look pathetic for Carvana. I wouldn’t pay $30, can’t believe people were EVER paying $300+ for this stock🤦♂️. I’ll never wrap my mind around that philosophy.
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