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  1. The_Krakenite

    'Big Short' investor Michael Burry sold all but one of his stocks last quarter

    Prisons (no joke) Personally, I avoid Prison REITs (yes, they are a real thing). There is so much negative stigma to them, people rate cancer-stick companies as more ethical for some reason...
  2. The_Krakenite

    GME Buy before the split and prosper ! A Jack Morgan Special !

    Did you close out your shorts yet on BTC/ETH? I think you've just about run out of margin by now...
  3. The_Krakenite

    Steve Cohen Quietly Setting Up Crypto-only Asset Manager

    The same Cohen who lost his prior hedge fund, because he could only make profits by insider-trading? The same Cohen who during his disposition, etc. claimed he was to stupid to even know what insider-trading was? Or understood the term? And yes, having to pay out 2 billion in fines to the...
  4. The_Krakenite

    Anyone planning to trade/speculate the Ethereum Merge event?

    For traders, this is such a risky bet (either way). Such a volatile asset with so many catalysts in the standard markets at the same time right this moment. This is exactly opposite of the EIP-1559 update, where for some unknown reasons... the price of ETH kept going down.. down...down as...
  5. The_Krakenite

    To Everyone saying Bitcoin will go to 10k or 5k....

    Seems official today, Dr. Burry did in fact double-down on his grim predictions and closed out all but one of his long-stock positions last quarter. Things look about to get more volatile pretty soon... once the last puff of steam from the Bulls runs out... Batten the hatches folks!
  6. The_Krakenite

    The Crypto Geniuses Who Vaporized a Trillion Dollars

    There was a time, not too long ago, to trade this dumb you had to work at Amaranth and trade very volatile commodities that are known to go through rapid 7-standard deviation swings. And you had to leverage up to the TITS to do so (using pension investor's money). And this... USED to be...
  7. The_Krakenite

    'Big Short' investor Michael Burry sold all but one of his stocks last quarter

    'Big Short' investor Michael Burry sold all but one of his stocks last quarter — after warning an epic market crash is coming Check out the 13F for confirmation if you want. But its been discussed all over the internet today already...
  8. The_Krakenite

    Kant & Popper (Philosophy)

    I believe in Niederhoffer's last book I read there may have been little mention here or there regarding Popper. Which is no surprise, as Vic worked for Soros. After reading a couple Soros books, it seems the author really does have a thing for Popper. In fact, Soros is who made me brush up some...
  9. The_Krakenite

    China decoupling from wall street

    While Cathy Wood made record breaking ARKK profits (from fees) not too long ago... I'm wondering how poorly she would have done without all the free stimulus hand-outs to her clients/customers/victims. One thing I've re-learned from this bubble, is never underestimate how much stocks wrapped up...
  10. The_Krakenite

    China decoupling from wall street

    Meanwhile... it wasn't that many years ago that US Banks defrauded the entire world and caused a world-wide financial crises wiping out even generational wealth. All the while these fraudsters paid themselves literally millions in bonuses (using tax payer's money) to do so. The SEC was a...
  11. The_Krakenite

    Wokenomics: ESG bubble may deflate before it bursts

    Canada.... Oh, we are only temporarily doing this income tax thing to support our needed war-effort... everyone needs to pick sides in this war and join in you know? Fast forward to today... Yeah, about that income tax thing. We've jacked it up so that you lose over half your wages, but we...
  12. The_Krakenite

    What are you presently reading?

    Well, no one calls it Revcan anymore, but yeah, one thing the author pushed was offshore banking/investing. This is something the CRA is cracking down harder on these days, with very blurry legal lines. There was only one real thing that made me think, regarding the tax benefits of insurance...
  13. The_Krakenite

    What are you presently reading?

    And... just finished another book this weekend too. This one I picked up at a thrift store just yesterday:
  14. The_Krakenite

    ARKK (barkk?)

    Haw! I was already watching that video earlier today.
  15. The_Krakenite

    Shkreli ragpulls his INU token

    I guess he was desperate to get his WuTang album...
  16. The_Krakenite

    Wokenomics: ESG bubble may deflate before it bursts

    Well shit, that's like half the CEOs & Wall Street...
  17. The_Krakenite

    #bitcoin is all the @BlackRock community talks about!

    While ETH is having its major catalyst due to the Merge... it may be a better bet now for LT investors to buy BTC on the cheaper side, as it is likely to skyrocket again due to the eventual halvening. Of course, that's assuming that everyone already did buy their triple-digit Ethereum... Right...
  18. The_Krakenite

    What are you presently reading?

    This may be laughable, but I thought I'd give it a look this weekend (finished just now). There is a bit of useful history in here, and problems on where we are going that can lead to a few future investments that may have some promise.
  19. The_Krakenite

    Best Trading Book You Have Ever Read?

    I have read MOST of the books mentioned in this thread, and it is hard to try to mention what I feel is the best ever. On the flip-side, some of the ones mentioned here I considered close to a waste of time. I guess that is... personal compared to someone's skill-level? I still have so many in...
  20. The_Krakenite

    Shkreli ragpulls his INU token

    What's funny, is crypto went through a huge rally AGAIN last week. And still his shitcoin dropped 90% on Friday? Hahahahaha!
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