You're... You know how much each of those companies are now worth right? A massive part of business is taking risks, he took smart risks and was successful on all three.
There is no such thing as "smart risk." If it was a smart choice to make, thousands of other people would have made it too. And it wouldn't be considered "risky" either.
Risk, by definition, means there's a chance you might fail. And for every time someone gets lucky, someone else doesn't. Musk was just lucky.
Not just luck, no. Of course not. But the initial investments are always a gamble, and would not be successful without the right amount of luck. Management skill takes over after luck has done its part.
He made those investments because he wanted to turn the world into a better place. It's pretty obvious that he's not in it for the money. He doesn't care about the risk because he's too busy thinking about what can be, unlike you.
Yep. As a western New Yorker I'm appalled at how much of our tax money Andrew Cuomo spent building the new solar city factory. Now word is they might not even use it for a production facility.
Risk, by definition, means there's a chance you might fail. And for every time someone gets lucky, someone else doesn't. Musk was just lucky.
Someone take a dump in your coffee this morning?