Cathie Wood owns 100% of palantir and 110% of Tesla
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
The real power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I challenge you to “Turtle King”
Before my ban, someone challenged me to a duel with cocks.
I challenge you to “Turtle King” instead.
We each dock our unhardened cocks into each other, then we put on clips of Yellen speaking during FOMC meetings.
The first to effectively go from flaccid to erect and push the other out of the “dock” is crowned Turtle 🤴.
Dual me, I’m 4-0.
Before my ban, someone challenged me to a duel with cocks.
I challenge you to “Turtle King” instead.
We each dock our unhardened cocks into each other, then we put on clips of Yellen speaking during FOMC meetings.
The first to effectively go from flaccid to erect and push the other out of the “dock” is crowned Turtle 🤴.
Dual me, I’m 4-0.
bears are fuk
I hate people saying bears are fuk or bulls are fuk. Stop saying that. It's very rude. Just say bears are fuk