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What's funny is that they managed to drop the fraud part of the ponzi scheme yet people still give them money.* With a ponzi scheme it's "buy shares in our ponzi scheme which entitles you to a share in these assets" and they lie about having the assets. With crypto they don't even bother to...

JCB interest rate is really the issue. As long as they hold their rates several percent lower than US their currency will devalue. It's almost a law of nature. Think about it. If someone wanted to sell you a zero percent Japanese govt bond, how would you calculate what you'd be willing to pay?

I agree we're due for a drop. Valuations no longer make sense. Especially in light of what one can make risk free in treasuries. Look at a long term SP500 PE ratio chart https://www.multpl.com/s-p-500-pe-ratio I count 4 peaks higher than today over the last 100 years. Margin debt is moving...

Maybe, but I would expect any court case to find that a large share of the blame resides with DAL for just allowing those updates to be mass deployed to the production system with no checking. It is possible they had a special contract with CRWD guaranteeing five 9's availability, extra QA of...

Current P/E ratio 667! P/B 34 it could fall a long way. But it (had) revenue growth so some people seem to lose their brain around that. Who knows. I could see 80 but there I would guess that there is a lot of passive investment in the stock where people don't even know it's part of their...

I am so glad I'm not a software engineer. The current state of what companies will accept for their mission critical systems is unbelievable. I think I would have an aneurysm. You would expect layered security, redundancy, testing of incoming updates before deployment, etc. Instead you just...

So now the question is, "When does Biden resign?" Can they really play Weekend at Bernie's all the way to January? Does Kamala really want to have to defend covering up for Biden at the next debate? Or would she rather be president at the next debate?

I do not get people like that. You get that much money, you take some off the table and make sure you and your family are taken care of. I knew a guy who had collected lots of stock in a fortune 500 company over his career. He had to plan his retirement around how their stock was doing. If...

Facts are facts. Your TDS doesn't change that. Then it would be a big deal. It's totally out of profile for that firm It represents a large proportion of the float It's not part of some long term strategy but a single short term bet. You're a real piece of work aren't you buddy? You...

Monetary Metals is advertising an opportunity to loan silver at 12% interest, paid in silver. https://monetary-metals.com/earn-interest-on-silver/ Anyone ever do business with them? Have you participated in one of these metals loans? It sounds a bit on the "too good to be true" side...

Not quite the right way to put it. They really did file an actual report saying they had 12 million. They subsequently filed a correction to that report which they had filed with an error. Nobody photoshopped any fake reports. I wouldn't be surprised if some data providers only pull this...

https://fintel.io/sosh/us/djt I'm not an expert, but I believe firms are required to disclose positions above a certain size. I believe there was significant discussion of the topic around the time of the GameStop short squeeze. It looks to me like just a simple error, but it made sense to...

The original stated size was huge both in terms of the float and in terms of typical bets made by the firm. The revised figure makes more sense.

Lots of sick people around. Nice to see normal people being decent.

Yep. Down for me as well.

Joe Biden has said everything except "Will no one rid me of this meddlesome priest?" Anyone calling DT a Nazi or a threat to America and then wishing for his safety and quick recovery is a obviously lying piece of human garbage.

SS was totally incompetent. Side by side video shows they had minutes of warning to get Trump to safety. All that needed to happen was for to cop to pick up his radio and say there was a guy in the roof. Their primary job is protection.

Obviously not. Somebody who was "top notch" would not have left the roof unsecured. Somebody even minimally competent would have seen the issue. The US govt has entire manuals about counter sniper operations. We're not talking about a guy who low crawled through high grass for half a day...

What a silly way to view things. The counterparties didn't think they had no losses. "Lehman had more thanTHE LEHMAN CASE 200 registered subsidiaries in 21 countries, and the insolvency laws of more than 80 jurisdictions were implicated during the settlement of contracts. To fully settle its...