Friday, March 21, 2025

Wanna see something weird?

Here's the chart of TSLA vs. the S&P 500 over the last year via BigCharts:


Tesla has outperformed the index: up 34.50% vs up 8.65% or an almost exact four-times better return over the ttm.

Considering all the sturm und drang on the internet, this surprised me.

Perhaps Climateer Investing should do a post on "endpoint bias"in the presentation of information.
(it's often correlated with ideological bias)

As noted in the introduction to an October 2010 post:

ABB Outperforms, Stock Doesn't (Does Too!) ABB

It all depends on the time-frame you choose.
Endpoint bias is a favorite tool of data manipulators wanting to push an agenda.
In the last week ABB is down 7.29%, the S&P 500 is up 0.06%
The S&P wins at at the 1 and 3-month marks.
Anything longer and ABB is the better performer.
At a 5-year timescale ABB is up 173%, the S&P is down 1.21%.
Today the stock is trading down 33 cents at $20.68.