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May 13, 2019

We’re Gonna Need More Bag-holders…


I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be manipulated like Tesla (TSLA – USA) or stayed private ... Read More
Categories: Investments
Positions Mentioned: TSLA
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