5 ms·

Smart dude - bailing the sinking ship

• icantdrive55 9y ago
  I don't like his company, nor him, but he knows about money. I know is sacreligous to call out a bubble, but this current economy just feels like one. And yes--I know about the glorious unemployment rate. I also know about the other rate ("able bodied, but aren't working"). Plus--no inflation. Plus--no increase of wages. Plus--a bunch of companies I can't figure out what they actually do. I wouldn't be suprised if he cashed out of everything. While poor guys/idiots, like myself, are thinking about putting money back in the market. I'm not going to put my last few thousand in, but I'm envious of the gains. Whenever I feel like this, the market tanks.
• jerrycruncher 9y ago
  To be fair, he's the one who stuffed the ships with morality-free sailors, booze, drugs and prostitutes and then acted surprised when his investors questioned his ability to captain.
  • rndmind 9y ago
    I know it's not what you meant, but you just described my ideal boating adventure.
  • QAPereo 9y ago
    Of course those questions were only raised after it all went public, and Uber became a bad word in some circles. It’s possible the investors were so due diligence free that they had no clue, but I really doubt it.
• esturk 9y ago
  You know the saying "Never attribute to malice that which is adequately explained by stupidity." Well it can just as well apply here. He could just be at full tilt.