Musk recently sent out a "cheat" for his stock investments, and was immediately replied to by her mother about his childhood.
Musk:
Because I'm often asked (this question):
Buying shares in companies where several products and services are "you" believe.
Sell only if you think their products and services are deteriorating. Don't panic when the market is falling.
This will help you in the long run.
Then, it was taken by her mother, Meyer. Musk replied immediately:
In South Africa, when you were 14, you asked me to buy shares in companies you really trusted. My stockbroker friend said it was a bad idea, so I only bought the R1000
That's the equivalent of $1,000 at the time
This is the maximum amount I am willing to lose.
The second part of his mother's reply:
2
The stock price quickly rose to R3000. My stockbroker friend panicked and said I had to sell. So I panicked too and sold the stock. You're upset. The stock continues to rise. You also think it's unfair for me to give the money I earn to you, Kinbal (Elon Musk's younger brother) and Tosca (Elon Musk's sister). Who's doing it right P:)
Comments: It seems that Musk has had an investment vision since he was a child, and he is super executive.
In addition, "brother, clear accounting", haha!