@Rebrand_As_Y You clearly haven’t rented a car lately. Whenever I go to Avis there’s a line of 10+ people. Super profitable business trading at P.E of 2.5. Not to mention share buybacks. Short at your own risk
@libsoftiktok@tim_cook@Apple It’s just because the first image on the Wikipedia page that it’s referencing is Kamala Harris. There’s not some underlying political motive here. Lmao
Even at 1% interest on its existing debt, MSTR has practically 0 money to pay that interest. Now add in the tens of millions of dollars that it burns on its failing software business and suddenly you realize why $MSTR is so desperate to raise more money
$MSTR who has a snowballing $4.22 BILLION worth of debt is now trying to bail themselves out with a $42b share dilution.
If you can’t see this I feel sorry for you. The truth is buying a non-yield producing asset leveraging debt is pure stupidity and never ends well. $BTC
@PunterJeff “42B Bitcoin purchase results in a CONSERVATIVE 75x multiple on Bitcoin market cap” This makes no sense. $42b is less than 3% of total market cap of BTC. Over three years, the difference would be almost negligible.
@endless_frank Bitcoin is not a hedge. BTC is just a proxy of SPY at this poiny. They have almost a perfect correlation.
Better off buying GLD on margin.
Actually, Chinese households allocate about 60% of their assets/wealth to real estate, but only 5% directly to equities. However with Chinese property going through a massive downturn, the 220m domestic Chinese have started to look else where. The China rally hasn’t even started
🚨 INTEREST RATE CUTS ARE NOT BULLISH 🚨
During the Great Recession, $SPY would not peak until Q3 2007, the same point when the first fed rate cuts began.
It would drop more than 50% AFTER the first hike, taking more than 12 months to bottom (1/3)
🚨 INTEREST RATE CUTS ARE NOT BULLISH 🚨
During the Great Recession, $SPY would not peak until Q3 2007, the same point when the first fed rate cuts began.
It would drop more than 50% AFTER the first hike, taking more than 12 months to bottom (1/3)
@FinanceLancelot I don’t see how him being a partner at a hedge fund discredits him.
And besides, how are you going about to take down the system if you don’t know it inside and out?