4 ms·
I don't know if I buy that. If we were to put this in white collar terms, we'd all be questioning Tim Cook if he decided that selling ice cream was a great reso
by prodigycorp 1y ago
I don't know if I buy that. If we were to put this in white collar terms, we'd all be questioning Tim Cook if he decided that selling ice cream was a great resource allocation decision.
- jimbokun 1y agoWhat business would you take your organized crime organization into for maximal returns? Just stick everything in the S&P 500?
- skeeter2020 1y agoI'd get dirt on the sitting president, then leverage him to make decisions with obvious market implication. Examples: give me a day's notice that the federal government is going to invest in a dinky mining company, or tariffs are coming on foreign electronics... except next week <these companies> are exempt. You gotta believe people on the inside are making fortunes as the markets continue to make big swings up & down.
- mschuster91 1y ago> You gotta believe people on the inside are making fortunes as the markets continue to make big swings up & down. Yeah but that's friends of the emperor, not organized crime (although granted, the distinction between these two groups is getting smaller by the day). Organized crime? That money is literally everywhere. Restaurants, real estate, cars, the stock markets... the only place you'll rarely spot it is, ironically, gambling, way too many chances of getting caught on a paper trail. A lot of it is also invested in art pieces stored in one tax haven/freeport or another, really easy to launder money or evade taxes.