He didn’t have any answer as to the fate of new bag holders he created with his tweet. That was irresponsible. His plan to make hedge funds disclose their positions daily as some kind of a solution to overleverage makes no sense whatsoever. And he’s delusional about research skills of WSB posters as compared to Wall Street analysts.
>He didn’t have any answer as to fate of new bag holders he created with his tweet. Perhaps, but like his response to this question pointed out: neither did wallstreet when they left the US population as bag holders for all their damage in the past (ie, 2008). Additionally, the only people left being bag holders here so far are the hedge fund (and their copycats) taking such an absurd short position.
Chamath Palihapitiya on Wallstreetbets [audio]
191–198 of 198 posts
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#192Re: Chamath Palihapitiya on Wallstreetbets [audio]
#193What is the single, most persuasive argument against Wallstreetbets?
Just kidding, there's no persuasive argument against WSB.
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#194Earlier quoted context omitted.
(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand.)
This new "feature" is very much appreciated. It would have been great during the deplatforming storm, as well. Hopefully it will be infrequently necessary. But I suspect that we're living in "interesting times".
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#195Earlier quoted context omitted.
This new "feature" is very much appreciated. It would have been great during the deplatforming storm, as well. Hopefully it will be infrequently necessary. But I suspect that we're living in "interesting times".
Which new feature? I should probably know what people are appreciating :)
You didn't think that you'd be able to avoid this in the future, now did you? You've established a precedent (at least for huge, fast moving (disruptive) events) :)
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#196Earlier quoted context omitted.
(This is a stub reply so I can collapse the various comments responding to this, so as not to distract too much from the topic at hand.)
YouTube video re-up: https://m.youtube.com/watch?v=mCJ2DD61HzI&feature=youtu.be
https://d.tube/#!/v/qwewerrty123123asdzc/QmaPHajW8GKmYGqGZC5...
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#197Earlier quoted context omitted.
Please don't post like this—it's against the site guidelines: https://news.ycombinator.com/newsguidelines.html If you feel that another comment is wrong, the way to respond is to show how it's wrong, include additional relevant information, and avoid name-calling. Then we can all keep learning (and also kick the can down the road a bit regarding the part where we degenerate into flaming spears and tribal warfare). I…
These comments are groundless libel. Why your rules would protect them is beyond any explanation. I have never once been the person shoveling BS on this forum. But you treat your posters like a bunch of thin-skinned babies. Some deep self-reflection would do these passive-aggressive egomanics some good. I've been around the engineering community long enough to know how these self-important trolls work. You should kno…
I'm not trying to save anyone—just HN!
https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...
https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...
If you know a better way to do that, I'm all ears. There are a lot of constraints on this problem.
Re: Chamath Palihapitiya on Wallstreetbets [audio]
#198Earlier quoted context omitted.
Best interview on boomer network ever. $AMC
I thought it was incredible. At one point Palihapitiya criticized CNBC host Scott Wopner for defending the way things have always been done on Wall Street at the expense of the Robinhood investment crowd. Palihapitiya argues that the Robinhood crowd, the /r/wallstreetbets subscribers, should win and the institutional investment community should lose when the "smart money" gets the trade this wrong. I agree with him.
I assume you're referring to the ' '. Whether GME is worth $5 or $30, the stock rose to $500, and that's not fundamentally a misunderstanding of value. funds cooked the grenade too long (to use another ), and and the crowd slapped it out of their hand before they could throw it. Boom.
No?