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Goldman Sachs executive quits after making millions from Dogecoin

theguardian.com

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Re: Goldman Sachs executive quits after making millions from Dogecoin

#13

Post by relyks »

capiki wrote: post #6
cookguyruffles wrote: post #3

Is anyone surprised to learn there are informed traders on the other side of these hype-driven bubbles? edit: it defies belief that this is somehow a controversial comment

Who said he was informed?

He did successfully profit off the momentum in dogecoin...

Re: Goldman Sachs executive quits after making millions from Dogecoin

#14

Post by DevKoala »

Emma_Goldman wrote: post #12
rawtxapp wrote: post #2

Good for him! Now, he can do whatever he wants with his time rather than work for the man, life is short after all.

I don't know who you think 'the man' is, if it's not a Goldman Sachs executive?

If you are working for someone other than yourself, you are answering to “the man”.

Re: Goldman Sachs executive quits after making millions from Dogecoin

#16

Post by rorykoehler »

Emma_Goldman wrote: post #12
rawtxapp wrote: post #2

Good for him! Now, he can do whatever he wants with his time rather than work for the man, life is short after all.

I don't know who you think 'the man' is, if it's not a Goldman Sachs executive?

If they a quit their job because they have a few extra million then they were working class (ie they needed to work to survive).

Re: Goldman Sachs executive quits after making millions from Dogecoin

#19

Post by curiousgal »

rorykoehler wrote: post #16
Emma_Goldman wrote: post #12

Earlier quoted context omitted.

I don't know who you think 'the man' is, if it's not a Goldman Sachs executive?

If they a quit their job because they have a few extra million then they were working class (ie they needed to work to survive).

I would never have imagined referring to a GS executive as someone working to survive lmao

It's not all black and white.

Re: Goldman Sachs executive quits after making millions from Dogecoin

#20

Post by SwimSwimHungry »

rawtxapp wrote: post #2

Good for him! Now, he can do whatever he wants with his time rather than work for the man, life is short after all.

Honestly, it seems to me like this may be a case of having some insider knowledge or knowing ahead of time that the coordinated pump and dump was going to occur. Any rational person would have looked at DOGE over the past however many years and seen it for the true joke it was. It barely made any meaningful movement on pricing until very recently.

I can understand if someone may have mined it for fun and forgot about it, or some Robinhood user messed about with DOGE, but this feels a bit more unusual to me. Perhaps working at Goldman Sachs afforded him some additional advantage on insight?

I'm not sure I could sleep easy at night knowing I fleeced the rubes, but then again, I'm not this gentleman.

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