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SLV futures are up 20% on FTX right now

GME back in July had $250M market cap, $570M in cash and $435M in book value. All of that with a 100%+ short interest. What a setup this was

I dont know the value but in a July video he said GME was his largest position at ~5%

Ouch! https://www.wsj.com/articles/melvin-capital-lost-53-in-january-hurt-by-gamestop-and-other-bets-11612103117

I think the fact that he focused so much on GME wasnt some evil intention to generate a squeeze (even though, the squeeze was a small part of the thesis) but rather, it was because it was already his largest position when it was trading at $4. When it shot up, it really dominated his portfolio...

I dont think DeepFuckingValue will be fined or arrested, he seemed to have a very deep value oriented reason to be in the stock. Also, he started lots of videos with a big disclaimer

I have most of my ETH staked on the ETH 2.0 deposit contract and it looks like Vitalik will refund everyone in case ETH2 goes wrong. Nice to know! Not that this wont lead to a loss, ETH will probably be down 70%+ if ETH2 fails, but at least I get something back to sell and buy Polkadot or something

Pretty cool thesis by the people behind the GME trade. Of course, now this type of setup is over. Shorting wont ever be the same, at least for a few years. I wish I was pitched this trade, having been on the bad side of short squeezes, I would have taken this trade. But I'm trying to think of...

Outrageous, you cant even blow up your forex account in peace anymore!

Not to beat a dead horse, but the fact that the financial system is a house of cards makes it clear that crypto can be much safer. If I own USDC (self custodied in a hardware wallet), those are US dollars cash backed 1-1 with a blockchain entry as proof of ownership. If I own cash in a...

https://www.zerohedge.com/markets/robinhood-caps-maximum-holdings-36-stocks-just-one-share " The problem should be apparent. Clearinghouses were safe because, if there was a problem, the circular trades netted off on settlement. But by aggressively netting off at the margin stage they are no...

So the most liquid and sophisticated financial markets in the world cant handle people buying stocks? lol https://www.zerohedge.com/markets/robinhood-caps-maximum-holdings-36-stocks-just-one-share

Left is doing his readers a favor, what kind of idiot tells people to pile in a short that already has a short interest over 100%? Is that the 'quality' analysis that he does?

Very simple but accurate http://www.chaiwithpabrai.com/uploads/5/5/1/3/55139655/steer_clear_of_the_short_side.pdf "The Oracle of Omaha is on record saying that he and Charlie Munger have never been wrong about companies they thought were great short candidates, but they’ve almost always been...

If the US government cant ban short selling in financial stocks in 2008, then they can ban longing in squeeze stocks in 2021. That what makes it difficult to bet on anything here, it seems to uncertain what will happen

The 'autists' are winning

Polkadot is a very interesting project https://www.realvision.com/shows/the-interview-crypto/videos/polkadot-a-bet-against-maximalism?source_collection=3c97f854117f4d3ea62350df2291bc62&autoplay=true

Long short funds are mostly a fraud, they always have been Joel Greenblat on Hedge Fund Market Wizards:

I bet he is down huge in his fund

The math that lead Robinhood to a liquidity crisis https://www.zerohedge.com/markets/cash-strapped-robinhood-scrambles-raise-1-billion-rich