Billionaire Investor Ron Baron Stays Bullish on Tesla Despite Market Uncertainty
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Billionaire investor Ron Baron remains bullish on stocks like Tesla despite market uncertainty from geopolitical conflicts and inflation.
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Baron says the government pays for wars and pandemics through inflation, which reduces the value of money over time.
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Baron has never owned bonds because of their vulnerability to inflation and rising interest rates. He prefers stocks.
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Baron thinks Tesla stock could continue rising as it starts selling cheaper electric vehicles at high volumes.
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Stocks can be volatile but Baron aims to remain always invested, buying more stocks whenever he can.