Most lottery winners also become broke due to charity....Charity of giving their money away to friends and family who then leave them when the money runs out.
David Einhorn Exits Billionaire Club After Horrible Investment Run
- Thread starter ajacobson
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Most lottery winners also become broke due to charity....Charity of giving their money away to friends and family who then leave them when the money runs out.
1. That is not where she gave her money. She gave it to real charity. Probably still has 8-900MM.
2. She has a constant source of profits from copyrights...
Oh, that is easy. There's no more money to be made in streaming videos. It's all over. So yep, short the hell out of a stock that is going to quadruple in the next 10 years. Sure!
Well if he really wants to blame somebody, he should blame the pension funds. They were the ones who were buying up the storm towards the end of the year. The market was at a nice all-time low and those pension funds had to go in and put in the buy orders and that propped up the market.
I don't think Einhorn is wrong with his shorts choices quite honestly. It's just that he's shorting them way too early. Unless there is an overnight disaster happening to a company, it can take a long time for a company's stock to adjust to its "true" value from its seemingly inflated value.
I don't think Einhorn is wrong with his shorts choices quite honestly. It's just that he's shorting them way too early. Unless there is an overnight disaster happening to a company, it can take a long time for a company's stock to adjust to its "true" value from its seemingly inflated value.