@biancoresearch …and capital comes out of this fleecing smaller bank shareholders. Although, this doesn’t solve the core issue at play, which is that tech valuations, loan MTM, startup values, etc. are likely less than advertises which puts pressure at every point of the financial system.
@biancoresearch …$35Bn equity that just got wiped out. Unless I’m missing something, would assume the assets have been marked to market as of 4Q’21 and should be reasonably representative of value (barring some sort of major fraud). One has to think a big play with both liquidity…
…interesting questions or conversation topics which have landed well historically? I have plenty myself but would welcome hearing about anything folks think have landed well in conversations historically. Thanks!
@garyblack00@elonmusk I continue to be shocked that the stock is trading -30% below takeout price despite both i) airtight US takeover laws (for good reason) and ii) EM held a town hall with the biz (that’s what one would do when about to buy a business)…maybe I’m missing something??
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Just got it. Looks like a big middle finger. Describes my interactions with the game well.
@ServoWealth Exactly how I feel about $KWEB right now. Bucket of a few the world’s finest businesses at once-in-a-decade discount. Need to remind myself that discounts like this only come when it’s painful to press “buy”…hopefully I’m thanking myself in 15+ years…patience generally wins.