If you’re looking for a good book to read at the spaceport, Barbarians at the Gate is the story of the RJR/Nabisco merger and it’s a great read.

It was the first of it’s kind and viewed by many as the first β€œobscene” mega merger. It’s well written with clear and concise detail most anyone can get through.

We have nothing but time to play with so may as well try and add a wrinkle to your brain.

πŸ‘︎ 5
πŸ’¬︎
πŸ‘€︎ u/Wayne__Gale
πŸ“…︎ Mar 16 2021
🚨︎ report
(1993) "Barbarians at the Gate" trailer - HBO movie about the leveraged buyout of RJR Nabisco in 1988 youtube.com/watch?v=F3DWp…
πŸ‘︎ 15
πŸ’¬︎
πŸ‘€︎ u/blankblank
πŸ“…︎ Oct 12 2020
🚨︎ report
Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough [Business](1990) goodreads.com/book/show/7…
πŸ‘︎ 2
πŸ’¬︎
πŸ‘€︎ u/RedditReadsBot
πŸ“…︎ May 22 2020
🚨︎ report
F. Ross Johnson, the former RJR Nabisco CEO depicted as the epitome of corporate greed in the bestselling book and movie "Barbarians at the Gate," has died. He was 85. apnews.com/6befad5855f64f…
πŸ‘︎ 49
πŸ’¬︎
πŸ‘€︎ u/GuacamoleFanatic
πŸ“…︎ Dec 31 2016
🚨︎ report
ELI5: why was the RJR NABISCO buyout seen as notoriously bad
πŸ‘︎ 2
πŸ’¬︎
πŸ“…︎ Apr 25 2019
🚨︎ report
Barbarians at the Gate (Full Movie) - The Story of the RJR Nabisco LBO youtube.com/watch?v=iPhF_…
πŸ‘︎ 31
πŸ’¬︎
πŸ‘€︎ u/thedaveoflife
πŸ“…︎ Sep 26 2013
🚨︎ report
Former RJR Nabisco CEO F. Ross Johnson Dies at Age 85 wsj.com/articles/former-r…
πŸ‘︎ 65
πŸ’¬︎
πŸ‘€︎ u/pscoutou
πŸ“…︎ Dec 31 2016
🚨︎ report
Weird corporate documentary/sales pitch about RJR Nabisco's failed Premiere smokeless cigarette. (1988) youtube.com/watch?v=3S_I8…
πŸ‘︎ 12
πŸ’¬︎
πŸ‘€︎ u/ropeyhodges
πŸ“…︎ Aug 24 2017
🚨︎ report
Barbarians at the Gate: The Fall of RJR Nabisco (1993) youtube.com/watch?feature…
πŸ‘︎ 11
πŸ’¬︎
πŸ‘€︎ u/mocotazo
πŸ“…︎ Jan 05 2014
🚨︎ report
$KKPNY $KKR KPN could be buyout barbarians’ next telco target reuters.com/breakingviews…
πŸ‘︎ 6
πŸ’¬︎
πŸ‘€︎ u/rwoooshed
πŸ“…︎ Jan 05 2022
🚨︎ report
Oncolytics Biotech ($ONCY) One Piece Away from Being a Great Company by DDD

Hi, I’m Dr. Due Diligence, and I’m starting a weekly series where I am looking at the top shorted biotech stocks in the world to try and find value. I have worked in the clinic, academia, and for biotech startups before switching to investing full time. My investment style, and opinion, is based on equal parts experience, research, and stalking C-suite.

This week’s stock is a company with a huge potential upside, but with Management that makes me wonder if it will ever see the light of day. What if I told you there was an agent that is safe, hardly any side effects, and could help you live twice as long? Would you want it? What if I told you this company was founded in 1999...

Oncolytics Biotech ($ONCY) a clinical stage company researching their sole agent pelareorep, an oncolytic virus, with upcoming Phase 2 data in HR+/HER- Breast Cancer (BRACELET-1).

Quick Ape Translation: We have all had cancer. Cancer is essentially rogue cells that continue to grow and won’t die (oversimplification). Typically your immune system will recognize these cells, send in attackers (T-Cells) and kill the cancer. However for people that we consider with cancer (large detectable tumors) the immune system may have been deactivated or evaded. This allows the tumor to grow without interference from the immune system. In order for T-Cells to attack the cancer or β€œnon-self” it must have a piece of that presented to them. This is done by Antigen Presenting Cells, and can be extracellular or intracellular (from inside the cell) material.

Pelareorep is an oncolytic virus (reovirus) that can be easily manufactured and can be given easily via IV instead of Site Specific Injection, without requiring additional handling requirements or specific refrigeration temperatures. In the studies there have not been any safety signaling to indicate negative side effects that prevent certain patient types to receive. That is extremely rare in oncology, and other oncolytic viruses (mainly HSV types) have to be given directly into the site (needle into tumor) so you are limited to [visible tumors like melanoma](https://www.ajmc.com/view/

... keep reading on reddit ➑

πŸ‘︎ 231
πŸ’¬︎
πŸ“…︎ Sep 03 2021
🚨︎ report
Is $SAVA undergoing a hostile takeover?

Cassava Sciences currently stands at a 1.7 billion market cap, the company peaked at roughly 5B. The fraud allegations has wiped off 2/3 of the valuation. The release of the 12 month data saw $SAVA recover to $70, but the shorting resumed from there to get to the current price of $43.

From investopedia,

Understanding How Hostile Takeovers Impact Shares

Hostile takeovers typically occur among publicly-traded companies where the owners are shareholders represented by a board of directors. A hostile takeover can occur for a few reasons. The two companies might have failed to reach a merger agreement, or the target company decided to not go forward with the merger.

The result is the use of hostile tactics to acquire the target company by the investors or acquiring company. The goal of the takeover by the acquirer is to achieve at least 51% ownership in the target company's stock. The strategies used in a hostile takeover can create additional demand for shares while creating an acrimonious battle for control of the target company.

Real-World Example of a Hostile Takeover RJR Nabisco’s buyout is one of the largest and most controversial hostile takeovers in U.S. history. RJR Nabisco Inc. was a tobacco and food company and was eventually purchased for $25 billion by the investment firm; Kohlberg Kravis Roberts & Co in the late 1980s.

RJR managers had also presented bids in an effort to thwart the hostile takeover from Kohlberg Kravis. The initial bid from the management team began at $75 per share, as reported by the Chicago Tribune. Over the course of a few days of intense bidding, Kohlberg Kravis won the bid with $109 a share.

In other words, the winning bid was a 45% increase in the stock's price from the initial $75 bid from RJR's managers.

Back to Cassava, the insider and institutional ownership combined is at a meagre 30%. The Twitter trolls spreading fud on Twitter are a tactic of short and distort sellers to attempt to steal the shares from weak handed retail holders.

The idea of fixing a misshapen protein is not new from Cassava. They are just the first to actually do it.

Here is a 2013 article of this method that Twitter fudsters of Jesse Brodkin and Adrian Heilbut would like retailers to not find:

https://newatlas.com/pharmacoperones-drug-protein-misfolding/30074/

β€œProteins adopt their functional three-dimensional structure by the folding of a linear chain of amino acids. Gene mutation can cause this folding process to go awry, res

... keep reading on reddit ➑

πŸ‘︎ 86
πŸ’¬︎
πŸ‘€︎ u/Tozu1
πŸ“…︎ Oct 31 2021
🚨︎ report
Hedge Funds Stole the American Economy & Created the Richest Man in the World

Oh, hey, let me just finish up this game of Smash Bros, grab a coffee, smoke a bowl real quick, watch a few episodes of Twilight Zone, then let's deep dive into this DD. It's a certified smooth-brained wall of text I promise.

I hope this write-up finds you well. Don't mind me. Just a playdoh-munching ape with a rambling problem and a stubborn interest in Wall Street's unscrupulous activities. Remember; hedge funds thrive from making money off EVERY TRANSACTION. Like 08' when they built nuclear bomb CDO's, sold them to unsuspecting investors, shorted them, then coordinated with ratings agencies to downgrade the bonds. Turns out the Stock Market is a ponzi scheme endorsed by the U.S government (what did you say Kenny? Or was that Janet Yellen just now?). Fuckery and corruption is afoot, but how did we get here?

So... let us journey to a simpler time; before the AMZN.

Former V.P of Hedge Fund D.E Shaw: Jeff Bezos

To put it bluntly; HEDGE FUNDS STOLE THE AMERICAN RETAIL ECONOMY. ahem, I will explain...

By naked shorting competing stocks, hedge funds can invest the proceeds (from that naked short sale) into AMZN stock, essentially; Wall Street steals money from a competitors' market cap and artificially inflates the price of AMZN stock. I believe this is the largest successful financial scam/grift pulled in history.

AMZN stock is the highest % returning stock in the last decade. Amazon was only $43 per share at 2008 lows.

https://www.macrotrends.net/stocks/charts/AMZN/amazon/stock-price-history

Understanding Jeff Bezos; the "modest" mastermind VP Quant of D.E Shaw:

You know Jeff Bezos; the Former CEO of Amazon (the web-focused retailer for literally every product you can think of) has amassed quite a shameful amount of wealth in the last 2 decades. Currently worth over $200B.

You may be familiar with Bezos' modest lifestyle early on in his career, he himself mentioned still driving his 1997 Honda Civic after Amazon went public (making Bezos worth $12 Billion) and claims he did not believe in indulging in a wasteful lifestyle.

[https://www.cnbc.com/2018/01/18/why-amazons-jeff-bezos-drove-a-honda-after-he-was-a-billionaire.html](https://www.cnbc.com/2018/01/18/why

... keep reading on reddit ➑

πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/AvidTreesFan
πŸ“…︎ May 19 2021
🚨︎ report
Pillow Fights: Amazon has targeted the mattress industry.

Some wrinklier apes can see if there is something here, but numerous aspects of this are nagging at me.

I don’t even know where to start, and I honestly can't remember where I started, but a couple recent posts led me down this rabbit hole.

The recent looks back at this DD by u/jumpster81 Amazon, Bain Capital and Citadel Bust Out the Competition combined with a post by u/PCav1138 looking at NRCD and its similarities with the zombie stocks I think I found the β€œ60s music.” Info in comments. made me wonder what the β€œpillow fights” portion of the tweet could be referring to. I keep reading this part of jumpster’s DD, which is why this is nagging at me: >In this post I will go over what I believe is a scheme set out by Amazon to capture and kill companies for market share. The scheme involves Amazon identifying a target, and with the help of it’s gang members, Citadel and Bain Capital, it Busts Out the target using it to capture and kill other competitors in the process.

I offer up the following for you all to dissect:

Bezos has a history of talking about β€œthe importance of sleep” in interviews. Like to the extent that the interviews make headlines for stories dedicated entirely to his talk about sleep. I find it kind of strange actually, just how many articles you can find talking about JB talking about sleep but, okay, dude likes his sleep. (I’m not sure robots need sleep, but I digress…) Take for instance this Forbes article September 14, 2018: Jeff Bezos explains why he thinks getting 8 hours of sleep is key to making important decisions in the workplace.

Around 2 weeks after that article appeared in Forbes, Amazon launched a private label mattress line. More on that here: Amazon jumps on mattress disruption with new private label and here: Amazon is now selling its own mattresses, and it shows why the industry is worried about the e-commerce giant's growth

Mattress competitors probably wouldn’t like this too much. For whatever reason, somewhere along

... keep reading on reddit ➑

πŸ‘︎ 172
πŸ’¬︎
πŸ‘€︎ u/polkfamilymeats
πŸ“…︎ Sep 03 2021
🚨︎ report
A mediocre officer's mediocre reading list

As I wrap up the home stretch of an ~10yr career and pack up the house for one last government-funded move, I spent a lot of time with my bookshelves emptied in front of me, thinking about the books I've read over the years and how they have (or haven't) applied to work and shaped how I approached both the Army and the world. Since every GO and CSM has their own list, here's a selection of what I've read over the past decade that I've either enjoyed or been able to apply to the daily drudgery, in no particular order:

Barbarians at the Gate: The Fall of RJR Nabisco: For those JMOs who dream of getting their MBA and making it big in corporate America, the politicking and machinations you enjoyed watching as an AAAS3 at brigade are just as active in corporatism. The difference is that you get fired in the real world.

American Spartan: An account of a SF MAJ who went full Colonel Kurtz in Afghanistan. Grossly non-objective since it's written by his (now) wife, but a fitting reminder of the FID roots of SOF and how quickly one can go native.

Mastery: At first glance, this would apply to the more technical MOSs, but it's a great primer for achieving mastery through discipline in every aspect of life. The author develops his thesis through the lens of martial arts but it can be applied to anything.

Fantasyland: A look at America's roots and how it's primed us as a culture to be gullible and shows how we became a society of "fake news." For someone as secular and annoyingly rational as me, this one helped me understand some aspects of our culture and how they've influenced generations currently serving and taught me empathy (yes, I know I come across as a douche with this one).

The Psychology of Money: We all get weird with money sometimes (not just looking at our 38% APR Mustang gang), this one helps you both understand your own quirks while handling finances and helps understand why some guys do what they do with their own.

The Intelligent Investor: Kind of dated, but a great primer to help you or your guys get on the right track early financially.

The War of Art: One of the hardest things I dealt with was motivation outside of work, whether due to exhaustion or pure disinterest. This helped me light a fire under my ass and develop myself off-hours to become more well-rounded.

Principles: Ray Dalio's book is a great combo of organizational theory/psychology and life skills that's easily and quickly applied to whateve

... keep reading on reddit ➑

πŸ‘︎ 111
πŸ’¬︎
πŸ‘€︎ u/MithrasMithraeum
πŸ“…︎ Jun 20 2021
🚨︎ report
SERIOUS: This subreddit needs to understand what a "dad joke" really means.

I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.

Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.

πŸ‘︎ 17k
πŸ’¬︎
πŸ‘€︎ u/anywhereiroa
πŸ“…︎ Jan 15 2022
🚨︎ report
Just because it's a joke, doesn't mean it's a dad joke

Alot of great jokes get posted here! However just because you have a joke, doesn't mean it's a dad joke.

THIS IS NOT ABOUT NSFW, THIS IS ABOUT LONG JOKES, BLONDE JOKES, SEXUAL JOKES, KNOCK KNOCK JOKES, POLITICAL JOKES, ETC BEING POSTED IN A DAD JOKE SUB

Try telling these sexual jokes that get posted here, to your kid and see how your spouse likes it.. if that goes well, Try telling one of your friends kid about your sex life being like Coca cola, first it was normal, than light and now zero , and see if the parents are OK with you telling their kid the "dad joke"

I'm not even referencing the NSFW, I'm saying Dad jokes are corny, and sometimes painful, not sexual

So check out r/jokes for all types of jokes

r/unclejokes for dirty jokes

r/3amjokes for real weird and alot of OC

r/cleandadjokes If your really sick of seeing not dad jokes in r/dadjokes

Punchline !

Edit: this is not a post about NSFW , This is about jokes, knock knock jokes, blonde jokes, political jokes etc being posted in a dad joke sub

Edit 2: don't touch the thermostat

πŸ‘︎ 6k
πŸ’¬︎
πŸ‘€︎ u/CzarcasmRules
πŸ“…︎ Jan 23 2022
🚨︎ report
Could CRHC be an ESG Whale?

This is my first attempt at doing published DD. I hope it lives up to people's expectations.

What is CRHC?

Cohn Robbins Holding Corporation, (CRHC) started trading on September 9, 2020. They are 5 months old, and have an $828M trust. They are focused on a "leading middle-market private company that we believe can benefit from a public market transaction"^(1)

There is no sector specifically stated, but because of Gary Cohn's ties at IBM, most people have assumed fintech, or possibly healthcare.

Who is Gary Cohn?

Gary Cohn served as the 11th Director of the National Economic Council and chief economic advisor to Donald Trump. He is currently the Vice Chairman of IBM's board of directors and was President and COO of Goldman Sachs.^(2)

The Other Half: Clifton Robbins

Cliff Robbins is the other half of this SPAC, and someone I think many people forget about when they see Gary Cohn's name. Cliff Robbins was featured in the book Barbarians at the Gate, which detailed the hostile takeover of RJR Nabisco. ^(3)

He started Blue Harbor Group in 2004, and eventually closed the fund in 2019 to set up a family office.

Why is this a possible ESG play?

Topically, it doesn't seem to make a lot of sense. Regardless of your political affiliation or belief in climate change, anyone should be able to acknowledge the Trump Administration did not take climate change seriously. This is not an argument for or against that, but simply an acknowledgment of the administration's position.

One would probably assume that Gary Cohn, having worked under Trump, would likely feel the same way. Birds of a feather and all that. Plus, Gary Cohn is on the board of directors at IBM, so he "seems like a tech guy" to most people. However, on Gary Cohn's Wikipedia page, he is listed as a Democrat and perusing his Twitter feed^(4), I have seen a few posts expressing his sentiment on climate change:

On Feb 24 he tweeted:

@SaraMenker and @GroIntel are creating the first real global data set on climate using global agricultural data. This is incredibly important as we see daily reminders of issues around climate, environment and growing patterns.

On Jan 20, regarding the Paris Agreement he tweeted:

While the #ParisAgreement *may be far from perfect, it is the best available option to tackle one of the greatest issues of our time. I

... keep reading on reddit ➑

πŸ‘︎ 32
πŸ’¬︎
πŸ‘€︎ u/TackleMySpackle
πŸ“…︎ Mar 01 2021
🚨︎ report
Barbarians at the gate
πŸ‘︎ 30
πŸ’¬︎
πŸ‘€︎ u/polly_parrot
πŸ“…︎ Sep 24 2020
🚨︎ report
Blind Girl Here. Give Me Your Best Blind Jokes!

Do your worst!

πŸ‘︎ 5k
πŸ’¬︎
πŸ‘€︎ u/Leckzsluthor
πŸ“…︎ Jan 02 2022
🚨︎ report
Petition to ban rants from this sub

Ants don’t even have the concept fathers, let alone a good dad joke. Keep r/ants out of my r/dadjokes.

But no, seriously. I understand rule 7 is great to have intelligent discussion, but sometimes it feels like 1 in 10 posts here is someone getting upset about the jokes on this sub. Let the mods deal with it, they regulate the sub.

πŸ‘︎ 8k
πŸ’¬︎
πŸ‘€︎ u/drak0ni
πŸ“…︎ Jan 24 2022
🚨︎ report
Collapse of the Financial Markets, and it's role in our 6th Mass extinction

I injected more coffee into my veins, and that energy has to go somewhere so here goes. As many of you know, outside of r/collapse, not a lot of subreddits share our viewpoints on the collapse of civilization, and mass die off of billions of humans once fossil fuels become scarce. So I post this here, in the hopes we can discuss it rationally. Also, this is NOT a post about bill gates 5g vaccine implant, or whatever the fuck the conservatives are on about.

TL;DR: The market is an overleveraged and rehypothecated bomb. The banks have been fighting a collateral crisis since the end of March due to the government emergency liquidity programs ending and inflation kicking in. The repo market could blow up at any moment from a lack of collateral and short squeeze the US Treasury market itself. The entire market is hanging by a thread and the DTC, ICC, and OCC are prepared for the fallout. The moment GME surges again, they can cascade defaults to members in all clearing corps and end it in one fell swoop.

Many rich and powerful people are involved, either directly or indirectly, and in this post I will provide sources to back up my claim.

A list of known connections to the shitshow we're in right now:

-Bill Gates (Microsoft founder, billionaire "philanthropist"(Not fooling anyone, Bill), and possible pedo?


-Jeff Bezos: Former V.P of Hedge Fund D.E Shaw:, Founder of Amazon, destroyer of brick and mortar stores


-Mitt Romney: >Romney started off at the Boston Consulting Group, where he showed an aptitude for crunching numbers and glad-handing clients. Then, in 1977, he joined a young entrepreneur named Bill Bain at a firm called Bain & Company, where he worked for six years before being handed the reins of a new firm-within-a-firm called Bain Capital.

[Greed and Debt: The True Story of Mitt Romney and Bain Capital](https://www.rollingstone.com/politics/politics-news/gr

... keep reading on reddit ➑

πŸ‘︎ 136
πŸ’¬︎
πŸ‘€︎ u/THC_Is_Me
πŸ“…︎ Jun 07 2021
🚨︎ report
Collapse of the Financial Markets, and it's role in our 6th Mass extinction

I injected more coffee into my veins, and that energy has to go somewhere so here goes. As many of you know, outside of r/collapse, not a lot of subreddits share our viewpoints on the collapse of civilization, and mass die off of billions of humans once fossil fuels become scarce. So I post this here, in the hopes we can discuss it rationally. Also, this is NOT a post about bill gates 5g vaccine implant, or whatever the fuck the conservatives are on about.

TL;DR: The market is an overleveraged and rehypothecated bomb. The banks have been fighting a collateral crisis since the end of March due to the government emergency liquidity programs ending and inflation kicking in. The repo market could blow up at any moment from a lack of collateral and short squeeze the US Treasury market itself. The entire market is hanging by a thread and the DTC, ICC, and OCC are prepared for the fallout. The moment GME surges again, they can cascade defaults to members in all clearing corps and end it in one fell swoop.

Many rich and powerful people are involved, either directly or indirectly, and in this post I will provide sources to back up my claim.

A list of known connections to the shitshow we're in right now:

-Bill Gates (Microsoft founder, billionaire "philanthropist"(Not fooling anyone, Bill), and possible pedo?


-Jeff Bezos: Former V.P of Hedge Fund D.E Shaw:, Founder of Amazon, destroyer of brick and mortar stores


-Mitt Romney: >Romney started off at the Boston Consulting Group, where he showed an aptitude for crunching numbers and glad-handing clients. Then, in 1977, he joined a young entrepreneur named Bill Bain at a firm called Bain & Company, where he worked for six years before being handed the reins of a new firm-within-a-firm called Bain Capital.

[Greed and Debt: The True Story of Mitt Romney and Bain Capital](https://www.rollingstone.com/politics/politics-news/gr

... keep reading on reddit ➑

πŸ‘︎ 56
πŸ’¬︎
πŸ‘€︎ u/THC_Is_Me
πŸ“…︎ Jun 07 2021
🚨︎ report
Hedge Funds Stole the American Economy and Created the Richest Man in the World

Oh, hey, let me just finish up this game of Smash Bros, grab a coffee, smoke a bowl real quick, watch a few episodes of Twilight Zone, then let's deep dive into this DD. It's a certified smooth-brained wall of text I promise.

I hope this write-up finds you well. Don't mind me. Just a playdoh-munching ape with a rambling problem and an stubborn interest in Wall Street's unscrupulous activities. Remember; hedge funds thrive from making money off EVERY TRANSACTION. Like 08' when they built nuclear bomb CDO's, sold them to unsuspecting investors, shorted them, then coordinated with ratings agencies to downgrade the bonds. Turns out the Stock Market is a ponzi scheme endorsed by the U.S government (what did you say Kenny? Or was that Janet Yellen just now?). Fuckery and corruption is afoot, but how did we get here?

So... let us journey to a simpler time; before the AMZN.

Former V.P of Hedge Fund D.E Shaw: Jeff Bezos

To put it bluntly; HEDGE FUNDS STOLE THE AMERICAN RETAIL ECONOMY. ahem, I will explain...

By naked shorting competing stocks, hedge funds can invest the proceeds (from that naked short sale) into AMZN stock, essentially; Wall Street steals money from a competitors' market cap and artificially inflates the price of AMZN stock. I believe this is the largest successful financial scam/grift pulled in history.

AMZN stock is the highest % returning stock in the last decade. Amazon was only $43 per share at 2008 lows.

https://www.macrotrends.net/stocks/charts/AMZN/amazon/stock-price-history

Understanding Jeff Bezos; the "modest" mastermind VP Quant of D.E Shaw:

You know Jeff Bezos; the Former CEO of Amazon (the web-focused retailer for literally every product you can think of) has amassed quite a shameful amount of wealth in the last 2 decades. Currently worth over $200B.

You may be familiar with Bezos' modest lifestyle early on in his career, he himself mentioned still driving his 1997 Honda Civic after Amazon went public (making Bezos worth $12 Billion) and claims he did not believe in indulging in a wasteful lifestyle.

[https://www.cnbc.com/2018/01/18/why-amazons-jeff-bezos-drove-a-honda-after-he-was-a-billionaire.html](https://www.cnbc.com/2018/01/18/

... keep reading on reddit ➑

πŸ‘︎ 51
πŸ’¬︎
πŸ‘€︎ u/AvidTreesFan
πŸ“…︎ May 19 2021
🚨︎ report
X-post of DD on Amazon and Citadel

I tried to do a proper cross post but maybe it's not allowed on this sub and thought this could do with some exposure once again.

Credit goes to /u/avidtreesfan

> Oh, hey, let me just finish up this game of Smash Bros, grab a coffee, smoke a bowl real quick, watch a few episodes of Twilight Zone, then let's deep dive into this DD. It's a certified smooth-brained wall of text I promise. > I hope this write-up finds you well. Don't mind me. Just a playdoh-munching ape with a rambling problem and a stubborn interest in Wall Street's unscrupulous activities. Remember; hedge funds thrive from making money off EVERY TRANSACTION. Like 08' when they built nuclear bomb CDO's, sold them to unsuspecting investors, shorted them, then coordinated with ratings agencies to downgrade the bonds. Turns out the Stock Market is a ponzi scheme endorsed by the U.S government (what did you say Kenny? Or was that Janet Yellen just now?). Fuckery and corruption is afoot, but how did we get here? > So... let us journey to a simpler time; before the AMZN. > Former V.P of Hedge Fund D.E Shaw: Jeff Bezos > To put it bluntly; HEDGE FUNDS STOLE THE AMERICAN RETAIL ECONOMY. ahem, I will explain... > By naked shorting competing stocks, hedge funds can invest the proceeds (from that naked short sale) into AMZN stock, essentially; Wall Street steals money from a competitors' market cap and artificially inflates the price of AMZN stock. I believe this is the largest successful financial scam/grift pulled in history. > AMZN stock is the highest % returning stock in the last decade. Amazon was only $43 per share at 2008 lows. > https://www.macrotrends.net/stocks/charts/AMZN/amazon/stock-price-history > Understanding Jeff Bezos; the "modest" mastermind VP Quant of D.E Shaw: > You know Jeff Bezos; the Former CEO of Amazon (the web-focused retailer for literally every product you can think of) has amassed quite a shameful amount of wealth in the last 2 decades. Currently worth over $200B. > You may be familiar with Bezos' modest lifestyle early on in his career, he himself mentioned still driving his 1997 Honda Civic after Amazon went public (making Bezos worth $12 Billion) and claims he did not believe in indulging in a wasteful lifestyle. > https://www.cnbc.com/2018/01/18/why-amazons-jeff-bezos-drove-a-honda-after-he-was-a-billionaire.html > That persona seems to have dissipated since. > "Bezos has some bigger extravagances, like multiple homes, a p

... keep reading on reddit ➑

πŸ‘︎ 3
πŸ’¬︎
πŸ“…︎ Sep 02 2021
🚨︎ report

Please note that this site uses cookies to personalise content and adverts, to provide social media features, and to analyse web traffic. Click here for more information.