The article on the electric-vehicle wars highlighted the headwinds that Ford Motor and General Motors are facing, such as batteries, charging and manufacturing issues, and union troubles . Most of the EV hopefuls want to skip the EV-childhood stage without facing any of the difficulties that Tesla has overcome. Elon Musk has created a product through sheer brilliance and grass-roots research, which is going to be a hard model to copy for would-be Tesla imitators.
Since you will own publicly traded shares, you aren’t subject to liquidity restraints that can tie up your capital for years, and you will also benefit from regular dividend payments—many of which have been quite hefty. I have owned Blackstone for a long time, and it is one of the best-performing securities in my portfolio.The minimum requirements to be a “qualified investor” are laughable in terms of being wealthy enough for the risks and illiquidity of private-equity investments .