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RIVN - Big And Small EV Bets - Lucid Rivian And Bollinger
Rivian Automotive Inc.
Coming into this year, Lucid was my second largest investment and at its peak it was the largest investment that I ever had. It turned into a rather dramatic win.
Rivian rejected the SPAC route and instead went with a traditional IPO. This also turned out to be a nice win for me.
Always watch the downside, especially in speculative frenzies. Two ways to get cool stuff while protecting your capital are to buy SPACs at discounts to cash in trust and to make refundable deposits in hot products.