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Reminded me of another point on the board for Kho, He was smart enough to grab a billion in 10yr bonds at like 3% which was genius for the growth rate (if you c
by maerF0x0 3y ago
Reminded me of another point on the board for Kho, He was smart enough to grab a billion in 10yr bonds at like 3% which was genius for the growth rate (if you can grow money at 10% then you should take every penny you can get below that).
https://www.spglobal.com/marketintelligence/en/news-insights/blog/essential-ir-insights-newsletter-summer-july-august-2023 https://www.spglobal.com/marketintelligence/en/news-insights...
The only party he missed was putting our cash reserves in BTC. (which is an inside joke). It would have made the money like $4-5B based on the time of the suggestion. I think investors will be happy to hear he flatly outright said no to that. It looked like a missed opportunity (at $64k)... until it didn't. (back at $16k)