Keynote ⚡ Why I'm long $TSLA & $SPCX
Last week, I was invited to Los Angeles for the LD Micro conference to give a keynote about my two biggest investment positions Tesla and SpaceX.
Many of you follow me for my tech stock/VC investing ... but before all of that, I had a previous life as a micro-cap investor. Yup, I loved finding the tiniest companies at the earliest stages. We're talking back in high school. 2008-2011.
But in 2012, my mentor told me about his test-ride in a Tesla Roadster. This is what let me to
@Tesla & realized that despite trading for $3B... the upside potential was MASSIVE.
They were trying to change everything about our transportation and energy systems. No more fossil fuels, via super fast sports cars. I got hooked, and the more research I did, the more I invested in $TSLA. I went all in. This wasn't a car company. It was a technology company.
No innovation like this was happening in public microcap stocks. Frankly, most of them were scam businesses built to dilute shareholders, not build world changing technologies.
So naturally, I became more and more enthralled by tech companies changing the world, and eventually even startups (and now my VC has invested $40M into them!). In short, I left the microcap world and never looked back.
At one point, Chris Lahiji, a great friend and mentor, said Gali, come back to LD Micro, pitch us on Tesla & why you left microcap. So I did. That was 8 years ago, and the stock is up ~20X.
This year, Chris invited me back to reflect on Tesla's progress and offer my newest investment pick; SpaceX.
So that resulted in this talk lol. A high level overview of my investing philosophy and why my two biggest positions are Tesla & SpaceX STILL. Despite being up 20X+ on both, I think they can each 10X from here. Presented at a conference for microcap stocks lol ... two $1T+ picks 😂😂
I had a blast doing this and was honored to be invited back 🙏
