Tag: Stocks
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Things are going from bad to worse for hedge fund billionaire Carl Icahn. Icahn Enterprises stock is down over 20% today after prominent fund manager Bill Ackman predicted disaster for the firm. In a lengthy tweet yesterday, Ackman outlines a nightmare scenario for the stock: Icahn owns 85% of the…
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+ Business+ Ackman, Finance, Hedge funds, Icahn, Investing, Money, Stock Market, Stocks, Wall street, Wallstreetbets+
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Corporate raider Carl Icahn has lost $15 billion since the release of an exposé by Hindenburg Research. That’s over $900 million a day. The Hindenburg Report Hindenburg claims that Icahn’s holding company, Icahn Enterprises, is structured like a Ponzi scheme. Repeated share sales support an unusually high 28% dividend. In…
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Last week, Google debuted its latest challenge to OpenAI: the new Bard. The waitlist is gone and Bard has some great new features. But can it beat GPT-4? Today, I put both bots to the test. Get the blog before anyone else…subscribe! Bard now integrates with search and maps and…
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+ AI, Artificial Intelligence, ChatGPT, Finance, GOOG, Google, Microsoft, MSFT, Startups, Stock Market, Stocks, Tech, Venture Capital+
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Last night, I got a call from my old friend Matt. Matt had a problem. He had saved some money, but was terrified to invest it. “What if I lose it?” he asked? So I explained to him the core concept behind all of my investments. Get the blog before…
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+ Finance, Financial planning, Investing, Money, Personal finance, Startups, Stock Market, Stocks, Tech, Venture Capital, Wealth+
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“A lot of real estate isn’t so good any more,” Munger said. “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there.” Berkshire Hathaway Vice Chairman Charles Munger has truly seen it all.…
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+ Business+ Berkshire Hathaway, Buffett, Commercial real estate, CRE, Finance, Investing, Markets, Money, Munger, Real estate, Stock Market, Stocks+
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“…if you’re a Series C stage startup, you’re a late stage startup, with let’s call it a pre-AI model, the spigot is just turned off completely.” David Sacks The year was 2021, and late stage startups never had it so good. Get the blog before anyone else…subscribe! Tiger Global was…
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+ All In, All In Podcast, Finance, Investing, Money, Podcast, Startups, Stock Market, Stocks, Tech, Venture Capital+
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“It’s an absolute bloodbath.” Cameron Lester, Jefferies. Down rounds in unicorn startups are everywhere in today’s funding crunch. Should we be worried? Get the blog before anyone else…subscribe! From a report out this morning in Bloomberg: Toward the end of 2022, down rounds hit near five-year highs, according to research…
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“We came to San Francisco looking for them in 2017. Now . . . everyone is coming to [us].” Ibrahim Ajami, Mubadala Investment Company (Abu Dhabi’s $284 billion sovereign wealth fund) Get the blog before anyone else…subscribe! Every hour on the hour, a private jet filled with men in Patagonia vests is landing…
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+ EMEA, Finance, Investing, Middle East, Money, Saudi Arabia, Startups, Stock Market, Stocks, Tech, UAE, Venture Capital+
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Over 300,000 people in tech have lost their jobs since 2022. And they’re out for revenge. Get the blog before anyone else…subscribe! A revenge startup, to be exact. From a report out today in The Wall Street Journal: Jen Zhu co-founded Maida Health Inc., a startup that provides software tools…
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Tremendous 