Taking down corporations for the lulz
In your secret files
Joined September 2011
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Some of the 4D chess Wagner theories are crazy. Mostly likely Prigozhin thought he would get more military support than he did. By the time he was close to Moscow all that support didn't turn out, and he needed an out. Bank robbers only seem in control before SWAT show up.
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One thing that $HOOD always lacked was a way for apes to lose their money any time of day or night. Great to see this injustice rectified.
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Gotta hand it to @elonmusk for living that meme life. Offering $54.20 instead of a nice round $54.00 added $150M to the acquisition price. Worth it for the lulz.
Market still hasn't priced in the Fed's 'higher for longer'. Part of the reason is generational: There is an entire cohort of PMs and analysts out there that started their careers in an ultra-low interest rate environment and can't see past 1% rates as the norm.
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Rising corporate jargon on conference calls is probably a bad sign for earnings. Management out here trying to confuse investors.
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Evergrande, only recently one of China's biggest property developers, on the verge of penny stock status. For years, critics had been raising red flags over the Company's debt load - not sure why anyone is surprised. Here's a short from @FinancialTimes:
youtube.com/watch?v=dnp_MxXY…
Playstation and Nintendo sales suspended in Russia. They join Microsoft and EA. Those Russian gamers are gonna lose their shit.
cnbc.com/2022/03/09/sony-sus…
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In these uncertain times, this gem of a Ted Talk on being wrong is as relevant as ever - From George Bush and his unfounded WMDs, to Hosni Mubarak who thought he would reign forever.
youtube.com/watch?v=QleRgTBM…
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Lost half the value of your fund in the last year? Just raise more money, but this time put it in illiquid assets with limited exit. What can go wrong?
bloomberg.com/news/articles/…
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If the Nasdaq is going to drop every time FB puts out terrible earnings, expect rough times ahead. FB has been garbage for years now - poor quality content and oversaturated with ads. We're gonna be saying the same thing about Youtube a few years from now.
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Spotify getting merked after hours. We're doing a shot for every time 'Rogan' is mentioned in the conference call this afternoon.
Also, lol at the artist formerly known as Facebook for their earnings. Both stocks down ~18%
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The Big Short (2015) was a movie about Brad Pitt's character predicting and betting on a mask fashion craze.
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JPMorgan's CEO: #cryptocurrencies are worthless
Also JPMorgan: WE HAVE A NEW COIN PLEASE USE IT:
cnbc.com/2020/10/27/jpmorgan…
If you want to know how #Evergrande blew up, here are some pictures of its properties, published as a warning in early 2017 by @GMTResearch. The stock went from 5 to 30 that year.
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Apparently Renaissance Tech has switched strategies from hiring NSA codebreakers and the top minds in statistics, to scrapping r/wallstreetbets for meme stocks to power their investment strategy:
markets.businessinsider.com/…
