I'm sure the CEO of Jet Blue (the guy that funded a phony study to minimize covid) and execs like him would gladly astroturf on twitter.
-18 karma · joined January 29, 2020
I'm sure the CEO of Jet Blue (the guy that funded a phony study to minimize covid) and execs like him would gladly astroturf on twitter.
If these buyback didn't create extremely overvalued/frothy markets, would the bailouts need to be as big?
I think over leveraging is as toxic for markets as many intuitively expect.
I don't think you know Buffetts track record.
Seems like we haven't learned anything over the failed regime-change exercises of the past 2 centuries.
Moving fractions of bitcoin between 100+ wallets using something like coinjoin absolutely gives you plausable deniability and anonymity, how would anyone know what % is still in your custody?
With enough people doing this, eventually all bitcoin will be tainted. At that point will exchanges start to refuse 100% of all bitcoin being deposited?
I think its more likely chainalysis goes bankrupt.
He's also overrated because of all the insider trading he engages in....he would be a lot poorer if the SEC had the resources/will to investigate his moves.
It seems we are in a period where most of our politicians would rather not take responsibility for dropping the ball and are trying to lie about observable and well catalogued recent history.
World Economies crashing, smile... Need to Vaccinate 7 billion people, smile... Potentially Millions of deaths, big cheesy smile...
The Fed's "Rube Goldberg activity" holds up the stock market...uuuuntil it doesn't.
Source: My black swan farm
In many countries, these kids would probably not get into college in the first place due to failing preparatory tests. In the US there are many financial incentives to pull in as many kids as possible and that may cause a lowering of barriers.
An observation in the maths, many countries in Asia cover calculus at the middle school level and continue into high school, in the US I noticed many public schools categorize calculus as an advanced (sometimes elective) high school subject.
That only is true if we ignore the organ black markets that many millionaires/billionaires have access to.
All this "we are doing it for shareholders" tripe is nonsense. Buying back stock at all time highs is the most idiotic thing a company can do because it says the business has no better use for said money, which imo is one of the dumbest conclusions a company can come to if growth is the goal (is your R&D department so useless that giving the money back to shareholders is the best allocation choice? Silly)....I'm including companies with a huge war chest like Apple, they are not an exception to this truth.
Many companies (run by idiots) have concluded that financial engineering is more useful than R&D, these badly managed companies should be left right in front of the "market firing squad" when the market turns against them inevitably... No bailouts.
Too bad, I guess anyone thinking outside the box and pointing out that our herd is going off a cliff is problematic...
Bitcoin can't be counterfeited, so it solves a $100 billion dollar problem.
Live blog: Apple’s fiscal Q4 2018 earnings call https://9to5mac.com/2018/11/01/aapl-live-blog-fy18-q4/
Reducing investor visibility into a publicly traded company when numbers start turning negative is a huge flaming red flag.