Most investors wait until the market feels safe. Elon Musk does not do this. That is why this idea is so interesting. He is not saying he can guess the perfect time to do things. He is saying he builds things to last. He builds things to be strong. When you do that the ups and downs of the market matter less. The market cycle stops being the boss that tells you what to do.
How to Invest Like a Billionaire – Elon Musk
Look at the video clip. Pay attention to what is missing. There is no obsession with a perfect start. The thinking is not about predicting the next drop. The thinking is about building something that can handle pressure. This is what grabs your attention. Ask yourself this. What if your plan needs to be exactly right to work. What happens when feelings and big news stories take control of everything.
People had two different reactions right away. One group says it is smart thinking like a boss. You invest in your system, not your feelings. You let time do the hard work for you.
One group thinks this is a bad idea. They say it makes taking a big risk seem too easy. They say telling everyone to just keep building no matter what is bad advice. That advice only works for a few people. It only works if you are already a genius at business. It only works if your bank account is very strong. It only works if your company can live through a long run of bad luck.
A direct clip of Musk explaining why markets move before “clarity” and price the future
Elon Musk explains how stock markets predict the future
If you look at the bigger picture this is not just about one person. This is a way of thinking about all your investments. The idea is not to wait for people to feel good about the market. The idea is to look for special chances. You want chances where time is on your side. Look for companies with strong money that cannot be broken. Look for times when people are panicking and selling good stuff for cheap. Look for when a company’s situation gets much better.
At the same time you avoid the other kind of chances. You avoid putting money where time is your enemy.