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I only have a couple hundred in it, but I bought in at like the worst time in 21 smh. Anyone that bought in between May 2021-May 22 are looking good.

Delaware court just ruled that Musks Tesla stock compensation plan from 2018 is void. Will be interesting to see what they do. I assume they just rewrite it to make it retroactive + covers next 5 years that allows him to get 25% ownership… Interesting

The only thing that makes sense with ESG is the G. And the OpenAI clown show shows that. The E can make some sense - if all else is pretty equal. Like if you can choose between two things that are similar, I’d prefer things done in an environmentally friendly way - up to a point. Some people...

This OpenAI drama is crazy. For the board to do that (including one of the founders and literal head of the entire research - Ilya), I feel like this is a case of them having a major breakthrough, and the people representing the non-profit side that OpenAI was started for were in serious...

Sam Altman out at OpenAI. Crazy day.

EVs must be built in North America and contain a certain increasing threshold by year of Battery components to qualify for $3,750, and a certain increasing threshold by year of Battery Minerals to qualify for another $3,750. Those are for the consumer. Manufacturers of Battery cells qualify for...

What if the Fed like less than 2 years ago was projecting rates to be like 1% and banks purchased assets accordingly, then the Fed made the largest rate hike in history shortly after....

You think if this was a primarily Farmers bank (who had the assets to back up the deposits when matured) there would be ANY question whatsoever that the deposits would need to be guaratneed? lol.

... Except it isn't an investment. It is fundamentally different, and has different protections and expectations. The ONLY reason SVB failed is literally because it had a panicked bank run. And once the bank run starts it has a snowballing effect. And that snowball can happen at other banks that...

So what you are saying is that NOBODY should use a non-big 4 US bank for >$250K.... You see how that is a problem if that exact mentality (the same one that led to the bank run at SVB on Friday) could lead to some major repercussions across the country, right? Every small-medium business would...

Depositing money in a bank account is not the same as investing in a company. The Bank has actual investors, and nobody is saying to protect them.

I get and agree with the argument of allowing the bank to fail. I'm also not saying the Government should be forced to LOSE money over this. My only opinion is that people and small businesses are about to get destroyed at absolutely zero fault of their own. I'm not saying equity holders should...

Bailouts in what sense? Nobody is claiming the people running SVB or SVB itself should be "bailed out". My position is that the PEOPLE who had deposits at SVB should get protected ASAP with the primary motivation being to protect a major national bankrun from taking place this week that could...

It isn't rewarding or encouraging anything. It would be the Fed guaranteeing deposits immediately and dealing with the assets later. This would hopefully prevent a cascading effect at all other banks that aren't one of the 3 major ones. Come monday, if there isn't a guarantee that youre...

I think generally it is believed they have assets to cover insured and uninsured deposits, but it's illiquid.

Sure but at the same time the Fed just raised rates quicker than like ever before in history AND they had a large bank-run. And it's not like taking over their assets would A) lose the Fed money once those mature or B) would really be considered a "bail out".

Can't the Fed just buy SVB's medium/long-term holdings (which will make money) giving SVB the cash they need to refund the deposits? Doesn't SVB have the collateral, just isn't fully liquid? ESPECIALLY after you consider the FED knowingly is the driving force in causing this. They literally...

In the video I posted, you have 2 guys that are very accurate at predicting recessions/downturns giving their thoughts... Worth the watch.

IMO this is a good video yall should watch. But Check out the 40min mark, and 47min mark Basically look at where **** was in 2019 pre Covid and look at the 5 year targets/trajectories from there, and use those to make price targets for whats likely to happen...

$2k is a lot to spend on a phone that you are only going to be calling and texting on. Better off just buying burners, and having a separate phone to do whatever normal **** you want. Pretty sure you can make an Android very reasonably secure/private. Slap on a VPN, root it, get...