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Non Sequitur by Wiley Miller for May 13, 2021
May 12, 2021
May 14, 2021
The guy making money at a hedge fund is the manager. He wins no matter how the assets perform. They’re not much better than a vulture fund, only because they tend to keep companies running. Like vulture funds they, move assets on the books to make a stock look good and then they dump and move onCryptocurrencies are a ponzi scheme. They limit availability and then hype the product. At some point the bubble will burst. It’s like using Pokemon cards for cash.