Exactly, he made tons of bets. A crappy hit rate still would have yielded some serious results.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
Def a staggering $$$ number that would haunt me forever if I was SBF. But If you gave any of us a few billion of other people’s money and we had access to the right tech leaders = Anthropic, HOOD, etc. are nuts even a blind squirrel would find.
On a different note, where is the next rotation now that industrial and staples are crowded. Hard to believe the housing still stuck in the mud although I see the ITB up 8% last couple of days.
I believe some people make a killing buying up FTX bankruptcy debt/assets (not sure of the right word). They got shares/ownership of all those companies at pennies on the dollar.
In theory, everyone who had money with them was made whole. They missed out on lost gains, but not when valued in dollars
Crypto companies- we want to be able to offer better yields to our customers
Banks- we don’t want that, we want to keep that for ourselves
Our elected officials- the banks have a point
Banks- we don’t want that, we want to keep that for ourselves
Our elected officials- the banks have a point
I got out of UBER a few weeks ago as well (with a nice gain from the mid/low 60s). I'm still bullish on the company, but the narrative is clear right now. Need to see evidence of a change.
I mentioned AVAV a month or so ago.
Military grade autonomous drones.
At the time I stayed away given it had just ripped 75% or so.
Welp, it has given that whole move right back. Not sure the why outside of market volatility.
Keeping an eye on it, think there is support right here at $230.
Military grade autonomous drones.
At the time I stayed away given it had just ripped 75% or so.
Welp, it has given that whole move right back. Not sure the why outside of market volatility.
Keeping an eye on it, think there is support right here at $230.
