Biggest reason to be bullish on the Wizards is that all of Twitter thinks the Trae Young deal is no-brainer terrible
Kinda like the time the Raptors fleeced the Knicks and got IQ and Barrett for OG
Golf Fans: Wyndham Clark destroyed two wooden lockers! We can’t forgive someone who makes such bad choices!
Me, hesitantly, with instant regret: You love Tiger Woods and he destroyed multiple cars and marriages
It blows my mind how many people are complaining that Elon became the first trillionaire.
First, most of it is paper wealth tied to equity in his companies. He could not turn it into real cash without dumping shares, which would crash the price and shrink his net worth massively.
“But he can borrow against his shares.” Sure he can. That does not make him richer. A loan still has to be paid back, the shares stay pledged as collateral the entire time, and if the price drops he gets margin called. He’s just leveraging paper.
You would be much richer holding $1 million in cash than owning 25% of a company worth $4 million, even though both equal $1 million on paper.
Second, come on. He actually changed the world. A lot of these people complaining drive electric cars because they care about emissions. Those cars would not be mainstream if Elon had not built Tesla. Millions of people in rural and remote areas have internet because of Starlink. SpaceX is the only reason NASA is not still paying Russia to send astronauts to the ISS.
You can hate the man. You can hate his politics. But pretending he is not one of the most consequential entrepreneurs of our lifetime is just dishonest.
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.