31–40 of 47 posts
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either he wins big, or no big deal, the advantages of having money.
So far, he lost more money in his funds than he ever made. But he makes $1B+ a year just from fees. This is a very twisted idea of "winning big"
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If the click comes from Facebook or Google, you won't need a subscription.
sadly not true for me.
Linkpocalypse Now 1970 edition.
It's pretty hairy Sir.
Fantastic peak.
Stallman don't surf.
Thrill all the Donald Knuths.
Pipe organ music playing.
On the banks of Comic Sans (MS.)
Earlier quoted context omitted.
So far, he lost more money in his funds than he ever made. But he makes $1B+ a year just from fees. This is a very twisted idea of "winning big"
He's not investing. He's laundering money at scale.
I can't read the article as I don't have a subscription. So if you're this dude, how do you make this investment? Presumably you just call your fiance guy and tell him to put a huge amount of money into Bitcoin and the order gets passed down to someone who knows what their doing and somewhere there is a PC out there with a bazillion dollars in Bitcoin sitting in cold storage? I gotta think the end guy who makes the b…
I can't read the article as I don't have a subscription. So if you're this dude, how do you make this investment? Presumably you just call your fiance guy and tell him to put a huge amount of money into Bitcoin and the order gets passed down to someone who knows what their doing and somewhere there is a PC out there with a bazillion dollars in Bitcoin sitting in cold storage? I gotta think the end guy who makes the b…
https://github.com/iamadamdev/bypass-paywalls-chrome https://github.com/iamadamdev/bypass-paywalls-firefox
Which in context of his net worth is pretty much noise
Which in context of his net worth is pretty much noise
If you're worth $20k and you find $20 on the street, it's 0.1% of your net worth. If you're Jeff Bezos and you find 0.1% of your net worth on the street, it's $150,000,000.
For me: without a hesitation. It's roughtly 130 times my average 5 second earnings.
For Jeff: probably a net loss.
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I like how you can be a literal billionaire bank founder and still buy a speculative asset at it's peak and sell at it's lowest after a 90% crash Buy high sell low >>The investment came at the peak of the bitcoin frenzy in late 2017 after the digital currency had already risen more than 10 fold that year. The exact size of the bet couldn’t be determined, but bitcoin peaked at nearly $20,000 in mid December 2017 and M…
Well 10% is better than less or nothing, right? Shows his lack of confidence in it going up any further - or at least within a timeframe that there aren't better investments.
Pretty much any good book about investing (eg. The Four Pillars of Investing) teaches you that following your human emotions and irrationality in investing is the worst you can do, basically selling when everybody IS selling is the worst move (Warren Buffett: Be fearful when others are greedy, and greedy when others are fearful, https://www.investopedia.com/articles/investing/012116/warre...)
So I'm pretty surprised to see Masayoshi Son acting like a rookie investor, and following the crowd of uneducated investors buying during the mania and selling during the crash
It's the opposite of investing 101
I can't read the article as I don't have a subscription. So if you're this dude, how do you make this investment? Presumably you just call your fiance guy and tell him to put a huge amount of money into Bitcoin and the order gets passed down to someone who knows what their doing and somewhere there is a PC out there with a bazillion dollars in Bitcoin sitting in cold storage? I gotta think the end guy who makes the b…