Oddbean new post about login | logout The Vanguard CEO loses his job over making the wrong Bitcoin bet. Let that sink in! No one is bullish enough. 🚀 https://m.primal.net/HgUv.png
If it were because of this reason, wouldn’t he get fired immediately so Vanguard could reverse the course earlier than 2025?
Is this forced retirement, or just a "coincidence?"
SUITS IN DISBELIEF @ODELL
🤙 SUITS SELLING HIGH TIME PREFERENCE AT NYSE TODAY https://i.nostr.build/EA7M.jpg
Virtue signaling is hazardous to your health boys and girls.
Doubt that’s the reason why but that story sounds better. $VOO still brought in $15B yesterday so Vanguard is doing just fine
That’s not the point really. Of course many of their funds will continue to do well — they are a walled garden with locked in participants. Not adding a BTC ETF cost them and shareholders billions in potential losses while now having to chase their competitors if they do come in. Not to mention they cost their clients significant gains and all of this in two months.
