after a morning of largely boosterish guests cheering spacex being world changing on tv, this guy is the only person i’ve seen on TV actually focusing on where liquidity for insiders is coming from (retail!!!)
Many users welcomed the CNBC analyst's warning that retail investors provide liquidity for SpaceX insiders because it offered a sober counterpoint amid celebrations of capitalism.
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i know today is like a orgiastic celebration of capitalism but it is nice to hear the occasional sober minded point of view
(dude is malcolm ethridge, a financial planner and actual IRS enrolled agent)
after a morning of largely boosterish guests cheering spacex being world changing on tv, this guy is the only person i’ve seen on TV actually focusing on where liquidity for insiders is coming from (retail!!!)
@MikeIsaac also, Damodaran before that: "I thought Grok had written the prospectus, because we know AI is subject to hallucinations."

@MikeIsaac What’s up with the tv?

@AndrejSokolow lol good line
@MikeIsaac *he was referring to the 26 Bln TAM number specifically