
Great connection to history. They have been eating the seed corn for decades.
SpaceX IPO that was "fast tracked" for inclusion in the NASDAQ 100 is exit liquidity for the early investors and musk(S&P500 was also going to change rules until uproar and 2 days ago announced they weren't waiving rules of profitability, tenure, etc.). Value yourself at some bullshit and force the public to buy your shares by inclusion in the most popular index fund who are required to weight their holdings based on market cap of your stock and buy shares to mirror index.if the company were so valuable and amazing with future growth prospects why would any insiders who already have pre-IPO shares want to sell? To cash out and/or de-risk is the only answer, and the general public's retirement will fund it. It's the same reason Trump is pushing the FTC to allow riskier assets like crypto and private investments in 401k accounts; exit liquidity for the current holders, most of whom know their investments are shit. Who better to buy them than index funds and the general public by limited choice in 401k fund options?
If any of this sounds familiar, it's the same playbook as the great recession/"financial crisis", when the rich elite suddenly required rescuing and backing of the US gov because their greed didn't offer an out. Suddenly the public's problem when they would have to take a loss.
Thanks, traveling and hadn't seen the s&p update. Looks like NASDAQ's fast track is still on.
SpaceX IPO that is being "fast tracked" for inclusion in the S&P500 is exit liquidity for the early investors and musk. Value yourself at some bullshit and force the public to buy your shares by inclusion in the most popular index fund who are required to weight their holdings based on market cap of your stock and buy shares to mirror index.if the company were so valuable and amazing with future growth prospects why would any insiders who already have pre-IPO shares want to sell? To cash out and/or de-risk is the only answer, and the general public's retirement will fund it. It's the same reason Trump is pushing the FTC to allow riskier assets like crypto and private investments in 401k accounts; exit liquidity for the current holders, most of whom know their investments are shit. Who better to buy them than index funds and the general public by limited choice in 401k fund options?
If any of this sounds familiar, it's the same playbook as the great recession/"financial crisis", when the rich elite suddenly required rescuing and backing of the US gov because their greed didn't offer an out. Suddenly the public's problem when they would have to take a loss.
Where can one read more about that?
I the cumulative increase up a few years ago by going to PGEs deliberately difficult to navigate rate sheet and pulled it together for myself and it was 70% compunded from the original base rate, their math is low if they're actually trying to measure the impact vs. a baseline. I wonder if these clowns ignored the compounding effect?
A 15% increase followed by a 20% increase is not a combined 35% increase from a baseline, it's 38%. Basic fucking compounding(1.15*1.2). The more you run sequential increases the more the difference grows. Doubtless those are the numbers PGE and other utilities would hope regulators and news people would use when provided...
What is the Oregon tie-in to war profiteering/Hitler? I'm aware of some of the businesses still selling in Nazi Germany like Coke(origins of Fanta), but I've never heard of Oregon called out specifically/notably during WWII out of all the US states?
The