As a kid I was absolutely devastated that he took the money. There were two moments years later where I forgave him.
1. When I was old enough to understand how much $252 million is
2. When I recently found out the Mariners countered with like $70-$80 million
OH. MY. GOODNESS.
CITADEL HAS BOUGHT A MAJORITY OF THE PUBLIC ASSETS FROM LEOPOLD'S SITUATIONAL AWARENESS FUND.
So...Citadel scares everyone on Tuesday about a surprise rate hike during FOMC that WE ALL KNEW was not going to happen...
On Wednesday, the entire market freaks out about the rate hike which causes the selling to compound on itself creating 50-70% drawdowns across the board in high beta semicondcutor names...
Which means Leopold who we now know had $45B of assets and was 400% LEVERED ends up being the sacrifice as he gets liquidated at what theoretically could be the bottom due to not having the margin requirements to keep solvent...
AND THE PERSON WHO CAUSED THE SELLOFF WITH THE RATE HIKE FEARS ENDS UP COMING IN TO BUY HIS ASSETS FOR 40 TO 50 CENTS ON THE DOLLAR.
By the way, Leopold is getting married this weekend. I think he wanted to make sure he wasn't getting margin called during his wedding.
A vet on wall street in Ken Griffin takes out the young new kid.
ABSOLUTE. CINEMA.
This photo makes me emotional🥲 These are the welterweights who inspired me when I returned to boxing in 2016, after a two-and-a-half-year layoff and with a 15-3 record. They were the stars of PBC. An era has come to an end. Thank you for inspiring me, champs. God bless you all🙏🏾 #teamugas #54milagros #ThankGod
Shawn Porter retired.
Kell Brook retired.
Danny Garcia retired.
Bud retired.
Keith Thurman just got retired by Fundora.
& now Errol just retired.
End of an era 🫡 respect to all them boys
This is what it’s all about: Victor Oladipo was in tears after his incredible workout in front of NBA scouts in Las Vegas.
He is attempting to make it back into the NBA, and is clearly giving it his all.
After the workout, he went and shook everyone’s hand that attended.
Part of what made this era so great was as long as you stayed in the lobby, you played the same people over & over - this banter would set the stage for grudge matches lol