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Responding to Your Questions

Posted January 11, 2025

Davis Wilson

By Davis Wilson

Responding to Your Questions

Thank you for sending in questions and feedback!

I read every single email I receive. If you do not see your exact question below, your question is still most likely answered within another response.

So, I recommend reading these Q&As closely!

Let’s get to it.

Are you still holding the Nvidia call options bought as insurance? – Eugene

Thanks for the email, Eugene! I sold out of those options this week for a near total loss. Unfortunate. But it was a relatively small amount of my portfolio that I was willing to bet as insurance against a spike in NVDA post earnings.

In all of your original advertisements for your Million Mission, it says that we can follow along. I have looked and read some of your emails and I have only found the latest email with one stock you’re interested in: UBER. But I cannot find your list or portfolio anywhere in order to follow along! – Gerard

Hi Gerard! Thanks for emailing. To best follow The Million Mission, you’ve got to be a consistent reader. News comes up quickly and opportunities are short-lived. I’ve also got a unique strategy that isn’t the most active. You can learn more about it here. In short, know that I am not currently holding any Million Mission positions.

What is your take on the statement made by Mr. Huang in regard to quantum computing realistically not being ready for another 20 years? Is it time to get out of those stocks? – Tony

Thanks for the email, Tony! I’ve got a lot to say here. This could be an entire article by itself. In short, I’d stress that ambitious technologies that are years away (doesn’t matter if it’s 5 years away or 20), go through hype cycles. One day quantum technology is top of mind for investors, their stocks are spiking, and the next day investors have moved on to the next shiny new toy.

We’ve seen this with autonomous and electric vehicles multiple times over the last decade. Their stocks spike when news gets reported, investors buy their stocks thinking they’ll never get this opportunity again, then interest wanes and their stock prices fall back to reality.

There’s a research project I want to do that fits this narrative. It’s the correlation between individual stock prices and how often they are mentioned in the mainstream media. I bet there’s definitive evidence that when stocks (excluding the Mag 7) are constantly being mentioned by CNBC, Bloomberg, etc., (like quantum computing stocks are now) they subsequently underperform the market. That’s because the time to buy a stock is consistently when nobody is talking about it. Stay tuned for more on this.

I see Rocket Lab (RKLB) is one of your favorite companies. I am wondering what you are looking for to trigger an options trade into this one? – James

Thanks for the email, James! I’ll reiterate that I’ve got a unique strategy that isn’t the most active. You can learn more about it here. Just know that every stock on my high-quality list I’m comfortable buying at the time the article is published. For my Million Mission, however, I’m looking to return multiple times my money in short time horizon trades. Options are the best way to do this. I’m patiently awaiting an opportunity.

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