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In addition to buying BTC, I also long shorted select QE-related IPOs, such as Pinterest. When the bottom falls off, these will fall with vengeance.
by cft 7y ago
In addition to buying BTC, I also long shorted select QE-related IPOs, such as Pinterest. When the bottom falls off, these will fall with vengeance.
- anm89 7y agoNon troll question: What about Pinterest is more QE dependant than other stocks?
- toomuchtodo 7y agoQE is shorthand and not entirely accurate. OP likely meant dumb money chasing yield down the abyss that is unprofitable tech IPOs.
- DaiPlusPlus 7y agoPinterest is where you go to fantasise about major home improvement projects - suggesting when people are cash-poor they’ll spend more time there. ...but if you’re cash-rich and planning a project you’ll definitely start you’ll also have a Pinterest page for that too. So I’m 50/50 on this. Note that QE is not something that is directly felt by the general public - it’s definitely something for behind-the-curtain so this whole thread is bollocks.