I valued SpaceX for its IPO a few weeks ago, with minimal information and a promise to revisit the valuation, when the prospectus was made public. The prospectus is public, the offering price has been set and my update is up and running. https://t.co/zRjpD1C0wv
New episode w/ Johnny Hilbrant Partridge (aka the PE Guy @PeGuyBro), hosted by Steve Curley, CFA & Chris Cannon, CFA (@CC_Rock). We discuss the catalyst behind the creation of PE Guy, a look behind the curtain of the PE Guy operation, creating unique content, and a brief cameo from the PE Guy in character.
Enjoy: https://t.co/DMvO9Ovait
A man who reads old books and does hard things becomes very difficult to control.
He has prophets, God, generals, poets, sailors, fighters, kings, fugitives, and saints moving around inside him.
The feed offers him a trend.
He hears the dead laughing.
It's a feeding frenzy.
Retail stock trading volume this month is on track to finish 10% above the previous record set during the January 2021 meme stock bubble.
$SPCX will be largest wealth transfer from the masses to the rich in history of markets
If you took all the losses that will likely occur to those who buy the IPO or have it put in their 401k by index funds and bought $1 bills and laid them end to end it might reach Mars…
There comes point in every market cycle when the exaggerations become so great that they turn to blatant lies - where the line between can lie and must lie evaporates.
The number of new foreign undergraduate students at US colleges dropped by an average of 20% this spring from a year earlier, according to a study by a coalition of education groups https://t.co/wv7JKn5IxY @ERAUBusinessDB
so is there a scenario now where an importer-wholesaler bought 100 widgets for $1000 last summer, paid $500 in tariffs, then sold them to retailers for $1600 and is now landing a $500 windfall? is that basically how this ends up working out?