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$70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

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Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#391

Post by mindslight »

tomp wrote: post #388
mindslight wrote: post #387

Earlier quoted context omitted.

Those topics weren't in the scope of the original discussion and I'm not really interested in litigating partisan entertainment propaganda based around taking shreds of truth (at best) and blowing them out of proportion. The large scale facts are that under the previous administration we had working relationships with our allies, mostly functional executive agencies (aka law enforcement), and the US (ie USD) was seen…

“My side is the truth, your side is partisan propaganda.” Bottom line is, people see goals / intentions differently, especially in politics!

ah, postmodern relativism. Is there anything it won't destroy?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#392

Post by udev4096 »

tirant wrote: post #177
NKosmatos wrote: post #85

Whenever I see similar articles I get reminded that all these are worthless paperless money, exchanging hands and playing a game. Futures, options, securities (and all the rest financial jargon) proves that there is a very big economic game at play in a global scale. No wonder the whole planet owes some trillions (to whom?) :-) There is no need for scientists to prove we’re living inside a simulation, this whole glob…

Do you have medical insurance ? Or car insurance? I guess you and I guess you find them useful. All these worthless paperless money as you call it are precisely also instruments for companies and individuals to gain some economical stability during uncertain times by buying contracts and shifting the risk to someone else that has either more financial means or has worked to have a better view of future conditions. So…

For fuck's sake, stop with the academic POV. Look at it practically, it's all just an overly complex system with no actual merit

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#393

Post by [deleted] »

klipt wrote: post #380
tmcb wrote: post #367

Earlier quoted context omitted.

Well, certainly not by threatening to cut funding of humanities research grants. Otherwise they won't be able to conduct research such as this one... But I digress. The "Violence Against Women Act" is from 1994. Most statistics of that time pointed to a disproportionate amount of women being victims of domestic violence in comparison to men. I tried to find more recent statistics, but this is a very serious topic, so…

Well most serious work injuries happen to men, but if we had a "Work Safety For Men" act I bet you'd call that sexist. A law that fails to protect male victims of violence is equally sexist. The double standard is very visible. Maybe you should just admit that the left is blatantly the "party of women's interests" and give up on gaining men's votes.

[deleted]

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#394

Post by tomp »

qwertox wrote: post #179
mentalgear wrote: post #38

The follow-up post shows the whole magnitude of the insider trading: > My previous post highlighted a striking example: how a single $2.5 million options position turned into $70 million in under an hour. But focusing solely on that trade risks missing the larger picture. What we actually saw was widespread activity. Numerous sophisticated traders carefully placing positions across several strike prices ($504, $505,…

How can the average MAGA voter which waves a little flag at a rally feel ok with this? It's treason what they did, treason on their principles. All this in times when it was supposedly "Main Street" turn. https://x.com/SecScottBessent/status/1910000578198986822

Is it any different, in principle, to what congressmen (and women) have been doing for decades? Insider trading, corruption, etc. has all been normalized.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#395

Post by klipt »

tmcb wrote: post #385
klipt wrote: post #380

Earlier quoted context omitted.

Well most serious work injuries happen to men, but if we had a "Work Safety For Men" act I bet you'd call that sexist. A law that fails to protect male victims of violence is equally sexist. The double standard is very visible. Maybe you should just admit that the left is blatantly the "party of women's interests" and give up on gaining men's votes.

The OSH Act was passed in 1970. I wonder why it doesn't have "for men" in its name... Pardon my laziness, but this is the best graph I could find on the reduction of workplace-related injuries: https://fitsmallbusiness.com/wp-content/uploads/2021/04/Info... This policy was very effective, in the first place. I could eyeball a 70% reduction in the period between 1972 and 2019. Can it be reduced it even further? Probab…

Men are still the vast majority of workplace fatalities: https://injuryfacts.nsc.org/work/industry-incidence-rates/wo...

But the left will never prioritize men.

The left believes that any metric where women are worse off needs urgent attention, and any intervention must prioritize women.

But any metric where men are worse off can either be ignored, or fixed with an intervention that is either gender neutral, or preferably, prioritizes women again.

The left is the Party of Women.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#396

Post by LeafItAlone »

rvz wrote: post #376
LeafItAlone wrote: post #353

Earlier quoted context omitted.

>This does not excuse the fact that the Pelosis' benefitted from insider (political) information and traded on that, like this blatant example. You, nor others, have not actually proven that. >Defending politicians trading on insider info (political or economic) isn't the hill one should die on. Right, and that’s not what I’m doing. I think politicians in top levels of government should be banned from trading their o…

> You, nor others, have not actually proven that. In the Pelosis' circumstance, clearly their repeated actions of such trades and their connection to the timing of key legislation or lawsuits requires no further proof, given their long history of this front-running such that other congressmen and women are doing the same thing believing they can get away with the insider trading loophole. By inspection, it is quite o…

>In the Pelosis' circumstance, clearly their repeated actions of such trades and their connection to the timing of key legislation or lawsuits requires no further proof, given their long history of this front-running such that other congressmen and women are doing the same thing believing they can get away with the insider trading loophole.

Claiming this happens, no matter how many times you repeat it (without evidence) does not mean it happens.

Clearly, Your repeated denial of fact implies that it is instead _you_ are trading on insider information. The evidence is all right there. You should be locked up.

>it is quite obvious to see how one can repeatedly front-run legislation ahead of everyone else and outperform the market

Yes, by doing exactly what the the Pelosis and many of us did in the same time period: invest heavily in tech. I have have about double the rate of return since 2020 than the Pelosis. Many of my moves independently mimic theirs. I personally got out of Visa in Spring of 2024, also in favor of NVDA. Am I insider trading?

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#397

Post by Ylpertnodi »

freen wrote: post #336
nanreh wrote: post #330

Earlier quoted context omitted.

You mean “official actions”.

He has refused his Assent to Laws, the most wholesome and necessary for the public good. He has made Judges dependent on his Will alone, for the tenure of their offices, and the amount and payment of their salaries. He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance. For cutting off our Trade with all parts of the world: For imposing Taxes…

Well, someone voted for him.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#398

Post by thih9 »

thrance wrote: post #379
roflyear wrote: post #368

Earlier quoted context omitted.

There is some kind of weird issue here, not sure what it is called, that where if the media were to blow this up everyone would say they are overreacting. So it becomes a "seat at the table is better than no seat" thing where they won't ask Trump these questions.

It's a standard fear of repercussions, no ones wants to speak up today so it all gets progressively worse and harder to speak up tomorrow.

It’s not the only possible outcome. Many countries have successfully protested against less controversial government practices and/or under worse conditions than there are now in the US.

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#399

Post by tmcb »

klipt wrote: post #395
tmcb wrote: post #385

Earlier quoted context omitted.

The OSH Act was passed in 1970. I wonder why it doesn't have "for men" in its name... Pardon my laziness, but this is the best graph I could find on the reduction of workplace-related injuries: https://fitsmallbusiness.com/wp-content/uploads/2021/04/Info... This policy was very effective, in the first place. I could eyeball a 70% reduction in the period between 1972 and 2019. Can it be reduced it even further? Probab…

Men are still the vast majority of workplace fatalities: https://injuryfacts.nsc.org/work/industry-incidence-rates/wo... But the left will never prioritize men. The left believes that any metric where women are worse off needs urgent attention, and any intervention must prioritize women. But any metric where men are worse off can either be ignored, or fixed with an intervention that is either gender neutral, or prefe…

Yes, that sounds like the perfect conversation starter.

If that doesn't work, which I believe is highly unlikely, maybe try incorporating elements of speech as those found in this right-wing publication, the World Socialist Web Site: https://www.wsws.org/en/articles/2024/02/27/hefl-f27.html

Re: $70M in 60 Seconds: How Insider Info Helped Someone 28x Their Money

#400

Post by Ylpertnodi »

olelele wrote: post #155
urbandw311er wrote: post #89

Earlier quoted context omitted.

I take a different view. These moments when the mask briefly slips are a chance to remember that we are controlled by a greedy elite and only given the illusion of choice and prosperity.

The amount of people in the startup world infected by the American Dream-Logic of privatization and Anarcho-capitalism always astounds me. All I know and have in my life is thanks to public funding. Social Democracy works and is good for business too. A state with little financial regulation in the end also has less power and control sum total. Since the southern US basically survives off slave laborers with no paper…

>Here in the EU we screwed ourselves too haha.

Eu-person: how? (Pleas stay relevant to your whole comment).

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