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May 21, 2022
They have their own model, even if the modeldoesnt make any sense. theyre goingto buy elon stuff. the thing withthe gamestop story, we had a bunch of young kidswho were really savvy who figured out, hm, this stocks tradingfor very little. theres a lotof short interest. we can buy optionsand drive it up and squeeze out the shorts. once it started going,it became a social phenomenon. it became an f-uto the system. like therewas a nihilism to it. some guys were literallytweeting things like, i dont...
May 21, 2022
They have their own model, even if the modeldoesnt make any sense. theyre goingto buy elon stuff. the thing withthe gamestop story, we had a bunch of young kidswho were really savvy who figured out, hm, this stocks tradingfor very little. theres a lotof short interest. we can buy optionsand drive it up and squeeze out the shorts. once it started going,it became a social phenomenon. it became an f-uto the system. like therewas a nihilism to it. some guys were literallytweeting things like, i dont...
May 16, 2022
They have their own model, even if the modeldoesnt make any sense. theyre goingto buy elon stuff. the thing withthe gamestop story, we had a bunch of young kidswho were really savvy who figured out, hm, this stocks tradingfor very little. theres a lotof short interest. we can buy optionsand drive it up and squeeze out the shorts. once it started going,it became a social phenomenon. it became an f-uto the system. like therewas a nihilism to it. some guys were literallytweeting things like, i dont...
May 16, 2022
You could put itin central park. and people would be like, thats all the gold in theworld ever. its worth $10 trillion. now, how in the hellis that worth $10 trillion? its a sculpture. i bought alebron james rookie card for a million dollars.its now worth $5 million. my mom thought i was insane. a million dollarson a basketball card? frickin pokemon cards. if you had acharizard, its worth like $600,000.its a social construct. its got value becausewe say it has value. thats it. so you look at som...