The world we live in…
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i just shake my head at some of these pieces.
either these people are genuinely clueless and just need a job. Or they are comofortable selling thier integrity for having their name on the internet as a writer.
i have people in my extended family that do subcontract pieces like this for the newspapers etc. fortunately they are not writing economics or business pieces, they are more in entertainment and fashion, but still… i can totally see what is going on there.
never really watched much of martin’s content but he comes off very strong here. i suspect we’ll be seeing alot more from him.
Might have to start it over, i think the link sticks 3/4 of the way through
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I remember when this was all over the news, it’s incredible how much the media deceives.
That’s a really crazy story.
The media does an incredible job of deception. The only thing I remembered about this guy was that he was an “arrogant prick” every time he was on camera. Yet here he is on Tucker, and he’s an articulate guy that anyone would likely have a great conversation with. I wonder what his sentence would have been if they played a legit interview of him, explaining exactly why he stood his ground, why he jacked the prices to get the other pharm companies to take interest in the drugs, and why he was framed in a sense. It would have disappeared from the news instantly.
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If you’re not part of the club and don’t play by their rules you get jail bro
His whole thought process was simple business: create a product without governmental subsidies therefore product needs to make a margin. Product is made for a finite amount of people inflicted so the price must reflect the concept that this is going to be a very low volume seller. As a result, price increase was needed to keep that product in production from a profit standpoint. Insurance will still cover the majority of the product’s price (obviously dependent on the insurance policy).
None of the rarity of usage or profit margin was brought into play, that I recall at least, when this was being zipped through the media hellhole. I completely agree, that it was just a media display of arrogance which was actually more of a middle finger to the system than it was him acting like an ass.
The fact that they convicted him of securities fraud when it had nothing to really do with that is crazy, but I’d need to read through all of the indictments and convictions to see what substantiated it.
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WSB says gamestop making moves again, up 30% in a day.
still looking at my watchlists full of REITs.
some big dividends to be had in Canada and the US but no telling what they’ll do with interest rates. if rates stay like this or go up then all of these things will drop another 20-40%.
dunno if the dam will ever burst tho?!?!
Missed the first payment after years of not having to pay. Probably because they’re not paying attention.
It was so much nicer not having to pay.
Edit:
Saw a blurb on an app called autopilot that will match stock trades for you depending on what congressmen do.
Then found this.
I wonder just how close to major news releases/votes these trades take place.
Mitch sold Adobe on 12/5. weird
On on the All-In Pod they speculate that the Figma valuation would have dropped by 60% or so like all their peers.
The anti-trust issues may have been driven by Adobe. $1b break fee is better than aying $10B too much.
I saw this segment from PBD this week. it’s from a month ago. but watch the first 5 minutes of this where PBD talks about a “Crash-Up” and then shows the charts from Venezuela…
Their stock market went up over 600% in 1 year.
This is definitely the situation we are in right now though at a slower pace than in Venezuela
Pardon my ignorance here, but how would that app know what a congressman or woman bought and sold? Do they announce these things? Genuinely curious if they have to report such activities.
They have to report the trade a certain amount of time in advance.
I think they have 45 days to report individual purchases and it becomes public knowledge.
I’m not sure if the app gets the info any faster than the public report.