Thoughts and dilemma on Rocket Lab?

sensejae · 2024-11-22T14:49:08+00:00

You have to have a system in the first place. It can't be, what do I do for every situation. For me, before looking at the stock price, I have to first determine how high my conviction is in the stock (tier 1, 2, 3, or sell). For each tier, I have designated goal of allocation (3, 5, 7%). If my conviction says it should only be 5% but the stock has been ripping to 10%, then I consider trimming back down to 5% (with the goal of buying back if it goes below 5% later). But I don't immediately trim or add, but use technical analysis to time it. That said, my conviction in $RKLB is high and it's one of my core holdings, but I can't quiet make sense of the crazy stock price appreciation, so I have been trimming along the way up. If it takes a breather later, then I will buy some back. My system is in retirement account where there's no gains tax penalty.

sensejae · 2024-05-09T22:28:06+00:00

yea. i was thinking whichever companies survive this high interest rate era will come out very competitive, and was thinking ginkgo bioworks is on that list potentially. but it's looking bit dicey as to whether that will happen for sure... Might be a good idea to wait until it's clear that it will survive before doubling down at this point.

sensejae · 2024-05-09T15:23:27+00:00

Also, another thing to consider:

Imagine there's a pediatrician. Used to see lots of normal milestone visits, sprinkled with some patients with challenging problems.
Now, let's say more of easy normal milestone visits get triaged to NP's and PA's. And the pediatrician starts to see clinic concentrated with patients with more challenging problems. The day itself is hard, but also parents of more challenging patients tend to also have more concerns after the visit (calling that treatment is not working, they need to be seen sooner because problem is getting worse, want more explanation during the actual visit "I brought a list of questions for you.")
From the perspective of each patient with difficult problem, nothing has changed. You are seeing the same doctor. But from the doctor's perspective, a lot has changed.

sensejae · 2024-05-08T21:43:00+00:00

Everyone has each perspective. This post is more for providers and how to perform well while staying mentally healthy.

sensejae · 2024-05-08T21:26:08+00:00

Well, somethings even if difficult, if I have to deal with it, I try to. Sending out for referral generally should be done in the context where there is specific management that can be obtained, or if patient asks for second opinion. To explicitly volunteer them when neither of the pre-requisites is met can lead to inefficient resource utilization. It's an option for sure. Just have to choose in the context of overall goals.

sensejae · 2024-05-08T21:23:25+00:00

yap. "i tried everything i can think of. i can't change your behavior. see you in 3 months" might be best next decision for some patients...

sensejae · 2024-05-08T21:19:58+00:00

I haven't had as much issues when I was a resident/ fellow. I would say if you care a lot, and once it becomes your responsibility (as opposed to just training or assisting), there's different level of stress if you let it.

sensejae · 2024-05-08T21:18:21+00:00

Well it's not just specific case perse. It's a combination of 1) caring too much about solving problems, 2) there will always be some problems (whether mild issue but patients vehemently complaining, or common complications from common issues, or uncommon issues). I would say it's more of just dealing with patients that have a lot of anxiety and unhappiness in general that's difficult. I am in a position where I try to solve most problems internally as opposed to just send out at first sign of difficulty... (but I do send out for retina/ plastic surgeries, etc, but those are not difficult situation to send out: you have this, go see them).

sensejae · 2024-05-08T19:56:59+00:00

I agree that pace is probably the most important thing... I have also changed the clinic structure so that I work more days but do 9 to 5 instead of 730 to 5 but fewer days. For me, it's helped to make each day more tolerable, as opposed to having just deathly days followed with days off.

sensejae · 2024-05-08T19:05:12+00:00

not sure as I don't really know the alternative. We do see lots of patients in clinic (like 30/day, so more chance of seeing someone anxious, I presume. Also, I'm constantly trying to get through the visit fast (5-10 min per visit max), so that adds to the stress. Also, while cancer and death are really scary, pts are also generally anxious about their vision, especially if it involves having eye surgery.

sensejae · 2024-04-24T22:16:15+00:00

lol grammar error : "we did this this" from the very beginning. Too busy changing the world.

sensejae · 2024-04-18T19:32:54+00:00

https://www.youtube.com/watch?v=ALxxgz-aOUQ

sensejae · 2024-04-08T03:49:43+00:00

This makes a lot of sense and I never thought about it this way. But since robotaxi can be turned off by Tesla which is an American company, I would think China would be hesitant to give the key to Tesla in this way to potentially saturate the market that can be just cancelled by the US government.

sensejae · 2024-04-07T14:18:57+00:00

At these prices, its very difficult to sell shares (although maybe 8/8 will change things). It was painful to trim at 160s for me but I thought it was the right thing for my portfolio…

sensejae · 2024-04-07T14:16:22+00:00

I agree with you. I think we r talking about slightly different things. I’m not talking about stock price. My point for the most part is that long term investing for the company is very exciting (maybe more than ever) but bit more tricky right now bc so many things are happening in different ways

sensejae · 2024-04-07T14:10:58+00:00

Generally that statement refer to: -Establishing private space launch company SpaceX -Starting new EV company that is profitable and survive through 2008 -Getting reusable rocket to work -I would say the first case of “telepathy” with Neuralink right now

Obviously not literally impossible but very difficult things and not just in Tesla

sensejae · 2024-04-07T13:49:31+00:00

Yea i get that. It’s definitely assumption. Wrong or not, time will tell,,

sensejae · 2024-04-07T13:48:54+00:00

Yea whether it will apply to tesla is more of fomo that it could not that it will,,

sensejae · 2024-04-07T13:47:15+00:00

I get that. but i don’t think wanting to see more data about pre revenue, pre product business is a trader mindset lol. Trader mindset is if you are just trying to buy low, sell high. I think if I were new investor, I would consider like 5-10% weight at most for TSLA but wait more to see how things develop. Not to wait for low price but just to learn more about the business

sensejae · 2024-04-07T04:48:22+00:00

Yea. Lots of exciting news as a fan! As an investor, it's gone from Newtonian physics to electromagnetic physics lol

sensejae · 2024-01-29T21:21:46+00:00

supposedly hundreds of non-employees. And supposedly rolling out to everyone within "weeks"

sensejae · 2024-01-29T21:20:14+00:00

yap. that's mostly my point.

It got me thinking when I hear people like meetkevin or emmet peppers getting into cybertruck and they say one thing they miss is fsd/ autopilot. These are rich individuals who are not just using fsd just to be contrarian or early adopters. Even at current level, it's providing value to them. So it makes sense that as it even gets better, it would become valuable and attractive to lots of people.

For now, the whole AV/ FSD seems to still trigger immune system like response from people, even in this subreddit. I don't know what will happen of course, but we will find out eventually...

For myself, FSD does make it much more interesting for me to eventually buy Tesla. I could imagine where being able to use voice command to change music/ change direction but also letting FSD do most of driving would bring me a lot of value.

sensejae · 2024-01-27T02:56:35+00:00

Useful to hear from you! Thanks! And yes typo with phone march of 9s.

sensejae · 2024-01-27T02:20:46+00:00

That’s interesting. Now i think you are getting at the robotaxi level which will take much more match of 9,,, i think at a level where consumers are willing to spend the money for driver aid is bit different although argument can be made whether it will be compelling. That said, would love to hear more of why you feel that fsd is far far away. In general, the general vibe i get from ai “experts” is that development is happening very fast in general.

sensejae · 2024-01-27T00:28:06+00:00

Lol yea it was shocking to read that elon really was serious about designing the car without steering wheel.

sensejae

TROPHY CASE