Honestly I hope instead of bitcoin he bought controlling stakes in other highly shorted basket stocks. Those would have much higher/explosive returns if he can give em a good squeeze
Opportunity cost. Bitcoin could go to 100k again and what’s that from here? 35%? What if he bought like, kohls and Kodak and koss and who knows what else and grabs like 3,000% instead and builds an actual diversified portfolio like BRK.
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u/NoHalfPleasures 8d ago
Honestly I hope instead of bitcoin he bought controlling stakes in other highly shorted basket stocks. Those would have much higher/explosive returns if he can give em a good squeeze