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March 29, 2021

Ponzis Go Boom!!!


For the past few years, I have been critical of the Ponzi Sector. To me, these are businesses that sell a dollar for 80 cents and hope to make it up in volume. Just because Amazon (AMZN – USA) ran at a loss early on, doesn’t mean that all businesses will inflect at scale. In fact, many of the Ponzi Sector companies seem to ... Read More
Categories: Comments On Events
Positions Mentioned: GBTC
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