CVNA, VRM and SFT
I remember when CVNA came public I thought no way. It now has a market cap of almost 40 billion. I still think no way. But then I came across a video about SFT. It's a used car selling app. They're small, less than a billion market cap. And again, I thought no way would I invest my money into a used car company. But now I'm wondering about the future laws that are being put into place in terms of ICE vehicles all around the world. ICE vehicles are being phased out wether you agree with it or not, car companies are not going to be allowed to make or sell new ICE vehicles. Also, many car companies are willingly devoting more manufacture space to EVs. There is going to be less supply of ICE vehicles. Could the used car market become a really hot market in the next 5 years or so? CVAN went from 10 to 200 in 3 years. Maybe SFT could get some of that. SFT could also go bankrupt. I think they are all losing money companies. High risk high reward.