Oddbean new post about login | logout Oversubscribed . . . again. https://m.primal.net/KtrL.png
Right before the rate cut…? They’re secured by 69,080 Bitcoin paying 6.125% with 4 year maturity 😂 https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/bltbe1bdba424b8e377/66eabeda3b470a1310070c24/form-8-k_09-18-2024.pdf
I've been poo-pooing the ever-predicted rate cuts for two years... It has to happen sometime, but I've been right so far
True. There are no guarantees (except for 69,080 securing 6.125% for 4 years of course 😂) But Jerome is in a good mood coming back from vacay at Jackson Hole. And the unemployment data too. It’s not like we’re going back to 0%, it’s just .25%. 👌
That's the genius of saylor, ability to zoom out and front run. He just continually takes value. Others who try to time things end up losing time and money.
Uhhh huh? You know front running is illegal right?
Not front running with public knowledge. Namely, that we are early on bitcoin. Or so he believes. The trading strategy is simply to take value with a margin of safety. That's why he has out performed everything using only public knowledge.
Did you listen to his discussion with Saifedean? Anyone who understands Bitcoin would disagree with the gist of your statement.
Monopoly gonna hydroplane
