this is why I don’t buy IPOs, you’ll often wind up as someone’s exit liquidity, or lack thereof

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That’s why I don’t buy any stocks.

🫡

you and Warren Buffett (lately)

Buffett is sitting on shit load of cash since 2020. He’s gonna get rekt soon.

def telling that he views inflation as preferable to buying companies at current levels

He is waiting for 2008 style deflationary bear market where he is able to deploy his cash.

But this time is different. We never had sovereign debt crisis before.

That’s why I think he might end up getting rekt.

Yikes smoked

Same though

for real

Pretty brutal again from Ten31

Same thing with GRIID

def a take a “wait and see” approach

I've found wait at least 3 months for price to stabilize. Plus gives you to think.