850 karma · joined February 28, 2018
Curious to hear others experience with Wegovy, Ozempic, and similar..
Check out the short seller report -- https://www.sprucepointcap.com/carvana-co-update/
Now this...
This project is rotten to the core.
That anybody chooses to use .eth in their Twitter handle is shocking to me.
Any centralized source of data is very attractive and worth spending a lot of time & effort on and inevitable gets hacked: https://en.wikipedia.org/wiki/List_of_data_breaches
The Chapwood index offers a good alternative view as to the actual cost of living - https://chapwoodindex.com
Tens of millions of people will own significant Tesla stock via the index despite obvious evidence of fraud and financial engineering at the company.
Even if everything was above board (i.e. the company had a general counsel or was able to obtain a D&O policy from someone other than Elon Musk himself)... this is probably the most overpriced car company on the planet by any metric, and it's revenue has flat-lined the last 8 quarters (no, it's not a growth stock).
Starts slowly, then add in dark patterns for FX currency conversion, withdrawals, etc. etc.
The problem is that capitalism has broken down.
20% of publicly traded companies are zombies. Their earnings are below what they need to pay INTEREST on their debt.
Government is bailing out inefficient companies, whose assets would otherwise be sold off to more efficient operators.
The Pentagon has spent 20 years and hundreds of millions of dollars in building systems to just try to account for its waste, highly recommend this long read from Rolling Stone: https://www.rollingstone.com/politics/politics-features/pent... and http://nebraskansforpeace.org/pentagon_accounting_fraud
The stuff about government people spending 15 year careers entering phony numbers is just insane: https://www.businessinsider.com/pentagon-accounting-conceals...