4 ms·

MicroStrategy Has Volatility to Sell

• ioblomov 2y ago
  https://archive.ph/jzyDK https://archive.ph/jzyDK
• latchkey 2y ago
  It is a far more epic execution of a money glitch than what Buffett did with BRK.A. Books will be written about this.
  • tripplyons 2y ago
    I'm not familiar, what did Berkshire do?
    • latchkey 2y ago
      "infinite float glitch". People pay insurance premiums up front. This allows insurance companies to do stuff with that cash, like invest it and make more money. It is literally free money compounding more money with various degrees of risk involved. Saylor (CEO of MSTR) has discovered a few more glitches in the system (one more, profiting on both sides of volatility, excellently documented in the article), and has been working them for a few years now. With the recent change in political climate and TradFi acceptance of bitcoin, his work is being magnified. https://saylortracker.com/ https://saylortracker.com/ I saw what he was doing in early 2021, and dumped my entire 401k into MSTR. It wasn't an easy ride, but neither was his and it sure is paying off now. After having an account for many years, Schwab just invited me to a free 2-day options trading course, lol.