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They just need to hold all that inventory long enough for it to go black. But of course the market can remain irrational longer than they can remain solvent so
by varelse 5y ago
They just need to hold all that inventory long enough for it to go black. But of course the market can remain irrational longer than they can remain solvent so that's not how it will play out.
Also good luck convincing the sociopaths of VC to get rich slow here: they want their capital back so they can throw it at more promising get-rich-quick schemes.
- hinkley 5y ago> the market can remain irrational longer than [you] can remain solvent This deserves to be stated on its own.