All the money in 2008 was made by suits identifying a market dislocation and exploiting it.
All the money in 2021 was made by retail identifying a market dislocation and exploiting it...until the suits intervened.
👀
What’s the difference with these two statements?
Nobody has a flying fuck what is going to happen next in the markets. Stock movements are based on probabilities that depend on external factors that no one has control of.
I have waited 55 years to see the richest man in the world stick it to “The Richest Man...IN THE WORLD!”
Also: imagine that the world’s wealthiest person can solve differential equations and knows what a Lagrangian is. Love this.
Mazal tov to @elonmusk for not giving a shit.