The people at my job I ask about investing to are boring and invest in index funds or don’t pay attention but the staff living at home with their parents are wilin’
Good news for Bitcoin holders and Michael Saylor.
1. Bitcoin ($BTC) should temporarily bounce back, according to my Bitcoin model, which is now almost two years old.
2. Michael Saylor is not going to bankrupt (yet)
Ex-Tiger Cub at Julian Robertson's hedge fund - turned $200M into $36B in 8 years, then lost it all in 2 days
- he was the greatest trader you've never heard of, hiding $160B in positions through swaps so Goldman, Morgan Stanley, Credit Suisse never saw his real size
Bill Hwang's Archegos blew up so hard it took down Credit Suisse, cost banks $10B, and erased $100B in market cap
16min documentary about the biggest individual loss in modern financial history
bookmark - it's The Most Spectacular Implosion on Wall Street
Koreans have now maxed out margin on KOSPI and are directly going to banks for loans. People that are 60 have never owned trading accounts and now it’s the fastest growing age group entering to buy leveraged semiconductors. Just one article of many describing the madness.
$soxx $dram
https://t.co/Y5x7G86uOr