American astrophysicist, Neil deGrasse Tyson, also known as the coolest smartest guy in Manhattan, has a cult following.
Neil deGrasse Tyson doesn’t fit the image of one might have of a genius scientist. Not in the way he looks, the way he sounds, the way he walks. And then there’s the coolness factor. The guy’s just cool. Cooler than any other scientist known to man. Cooler than anyone else, period.
A year and a half ago we had a chat with Dr. Neil deGrasse Tyson. He had a little to say about stocks. We asked him what industry or technology he thinks is changing the future and wasted no time in mentioning two words; Elon Musk.
When pressed to divulge the stocks he currently has, he noted that his buying them merely constitutes a "vote" for the company, not whether he thinks the stocks will outperform. He did note that he sold off his Tesla Inc (NASDAQ:TSLA) shares because the stock was too 'volatile'. But he had mad love for his main man Musk. Reverting back to the demigod Musk, Tyson made it very clear that Musk stands leagues above anyone else. "Leave the guy alone. If he wants to smoke weed with Joe Rogan, let him be. I mean, what have you done? He's doing electric vehicles here, he's sending rockets into outer space. He's talking about colonizing Mars", said Tyson.
During our chat Neil deGrasse Tyson told us his 5 stock picks. One of the stock picks was Alphabet Inc. (NASDAQ:GOOGL). Overall, Neil deGrasse Tyson’s 5 stock picks returned nearly 24% over the last 1.5 years and outperformed the S&P 500 ETF (SPY) by 11 percentage points. The best performing stock in Tyson's portfolio returned 121% whereas the worst performing stock was Jetblue Airways (NASDAQ:JBLU), losing nearly half of its value. You can find out which five stocks Dr. Tyson likes in our latest video:
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, we believe electric vehicles and energy storage are set to become giant markets, and we want to take advantage of the declining lithium prices amid the COVID-19 pandemic. So we are checking out investment opportunities like this one. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. Our best call in 2020 was shorting the market when S&P 500 was trading at 3150 after realizing the coronavirus pandemic’s significance before most investors. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Disclosure: None. This video is originally published at Insider Monkey.