wdyt of Apple and Tesla

HI there,

The markets have become unhinged in a way, and most are trying to make sense of the market. The splits of both Apple and Tesla stocks have no impact on the fundamental value of the stock. This means that if it was a buy before split, it is a buy after the split. If it wasn't attractive pre-split, it should not be attractive post-split.

However, since we are dealing with two cult stocks in Apple and Telsa, the stock split is being eaten up by retail investors who think its a better deal now. At this point, I'd invest with caution but Tesla in particular is defying all reasonable sense. I certainly would not bet against it, but have on interest in investing here out of fear of missing out. Completely happy to sit on the sidelines.

Mat
(of note, I am long AAPL)