"Crypto Is Here To Stay" - Billionaire Bill Ackman U-Turns With Several Investments

[The_Krakenite]

In total these investments represent less than 2% of my assets.

https://www.zerohedge.com/crypto/cr...naire-bill-ackman-u-turns-several-investments


I wonder... perhaps, just perhaps... he thinks his old enemy Icahn may have converted his BTC/ETH longs into shorts. Now Ackman is talking up the market to put the squeeze back, after the shitshow with Herbalife where Carl tried to fuck him.

 

[maxinger]

Was he threatened ??!?!

 

[ET180]

Same Ackman who went on CNBC during the early days of Covid warning about catastrophe as he was buying LOW and CMG at the bottom?

 

[TheDawn]

"Crypto Is Here To Stay" - Billionaire Bill Ackman U-Turns With Several Investments

- Yes as another tradable commodity to make money.

 

[TheDawn]

Now Ackman is talking up the market to put the squeeze back, after the shitshow with Herbalife where Carl tried to fuck him.

Ok that is not an attractive image to be conjured up in the head...

 

[Specterx]

It's at least conceivably a good time to invest in crypto exchanges & custody services, and maybe sprinkle a bit of capital on moonshot efforts. There's definitely blood in the streets. I'd want to stress-test it though on the assumption that trading volumes shrivel for a number of years to come.

Shelling shovels in the Gold Rush was a great safe business for a while, but it was a one-time deal.

 

[Pekelo]

Here to stay =/= new ATH

Hell, it doesn't even equals less frauds, more security, less volatility.

 

[murray t turtle]

[QUOTE="Specterx, post: 5720570, member: 87622"There's definitely blood in the streets. I'd want to stress-test it though on the assumption that trading volumes shrivel for a number of years to come.

Shelling shovels in the Gold Rush was a great safe business for a while, but it was a one-time deal.[/QUOTE]
%%
LOL\NO wonder\ so many dont know the difference between gold + fools gold.
One old timer died in the desert, with his donkey full of fools gold. But he scratched in the sand ''died rich'' LOL
Levi Strauss never thought it was a one time deal/ but thats a real market.
Hobart Ames /Co makes plenty of money for many years, + still does, but they never chased fools gold................................Ames Plantation > 18,000 acres , his hunting preserve.
Thanks. Warner Bros or Turner made millions off ''The Sting'' Con the Cons movie , released Christmas 1973

 

[The_Krakenite]

Shelling shovels in the Gold Rush was a great safe business for a while, but it was a one-time deal.

Many companies formed during the Gold Rush are still with us today. From Levi's Jeans to Wells Fargo...

 

[vanzandt]

Levi Strauss never thought it was a one time deal/ but thats a real market.

%%
The Kracken called out Wells Fargo.
One more out there. The Queen knows.
Chicago dogs the best. Cramer likes Portillo's.
IPO... prolly down.
"You better think"!!!!