San Francisco Fund Manager Defends 2nd Largest Holding, Tesla, Sees 500k In Sales Ahead

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Mark Melin
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Is Tesla on the ropes and ready to go down? Don’t bet on it, says Jim Robillard. The founder of Spyglass Capital Management, a San Francisco-based hedge fund theat specializes in technology investing, says the company’s financial fundamentals are underappreciated by analysts. In addition to appreciating Tesla, a letter to investors reviewed by ValueWalk revealed an affinity for another battered downplay, Chipolte Mexican Grill.   Tesla Inc TSLABy Maurizio Pesce from Milan, Italia (Tesla Factory, Fremont (CA, USA)) [CC BY 2.0], via Wikimedia Commons   When Canadian pop star Grimes rolled down the red carpet at the Met Gala Monday…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.