"Can you imagine AI models trained on Reddit users’ behavior? You might as well nuke the world today and be over and done with." That's 💯 Shrub. Thank you so much. Enjoy the reminder of the weeken!
The lack of IPOs is weird. There is so much garbage in private equity I'd have thought they'd try offloading by now. I guess the flipside is values might be so low they can't risk being forced to mark down valuations on their books.
Everyone makes me laugh by saying this is not a bubble because we don’t have pets.com this cycle yet we have 3T in worthless crypto. Crypto is perfect though for retail because understanding financials proper diligence and understanding macro and how it affects risk assets treasury’s global cross assets etc is very hard and you need to be trained and study on it for decades. Crypto you don’t need any of that
Guessing we need dumb IPOs to return before max stupid on stocks. That would take some time (we might not have enough of it) given the banks are going to be very concerned about getting sued and there aren’t many idiots left after crypto to buy shitco SPAcs
It’s kind of a black box and we tried in the part to figure out. It’s only for money coming in their own platform so think inflows for funds that Bank of America has visibility for
Kinda what I’ve never understood - that much must also be leaving equities and going to cash / money market funds… I think it’s more of a sentiment indicator, that gets eroded some as equities get more expensive in aggregate
"Can you imagine AI models trained on Reddit users’ behavior? You might as well nuke the world today and be over and done with." That's 💯 Shrub. Thank you so much. Enjoy the reminder of the weeken!
Thanks buddy 😂🙏
The lack of IPOs is weird. There is so much garbage in private equity I'd have thought they'd try offloading by now. I guess the flipside is values might be so low they can't risk being forced to mark down valuations on their books.
Everyone makes me laugh by saying this is not a bubble because we don’t have pets.com this cycle yet we have 3T in worthless crypto. Crypto is perfect though for retail because understanding financials proper diligence and understanding macro and how it affects risk assets treasury’s global cross assets etc is very hard and you need to be trained and study on it for decades. Crypto you don’t need any of that
Just brilliant! Love it, perfect Saturday reading with a great cognac and a cigar!
That’s the intention, I’m glad you have the perfect arrangement in place for it 😂🙏
Of course and I'm willing to share at anytime 😊 ☺️
Guessing we need dumb IPOs to return before max stupid on stocks. That would take some time (we might not have enough of it) given the banks are going to be very concerned about getting sued and there aren’t many idiots left after crypto to buy shitco SPAcs
"The community behind the meme-coin..."
I first read this as:
"The Commodity behind the meme-coin.."
And my head almost exploded.
Backed by actual dogs with hats😂
Does BofA share who's selling to enable these inflows? Every buy must have a sell right?
It’s kind of a black box and we tried in the part to figure out. It’s only for money coming in their own platform so think inflows for funds that Bank of America has visibility for
Kinda what I’ve never understood - that much must also be leaving equities and going to cash / money market funds… I think it’s more of a sentiment indicator, that gets eroded some as equities get more expensive in aggregate
The crazy just keeps on trucking with the $4.3mm sale of an Archi (the dog wif hat) NFT and the $SLERF presale dev burning the tokens by mistake…sigh.