Hi friends, you may have noticed the paucity of updates and for that I apologise! I’ve recently taken on a new venture back at my ex-employer that soaks up a lot of my time again so WIRT will be occurring on a less frequent basis.
It’s been a great way to get through the heights of COVID and forced me to stay informed and share interesting stories, as well as write regularly. Thanks for following!
Conrad
Bill Ackman who had a great trade hedging ahead of the COVID crash has put his shorts back on again.
Softbank has had quite a comeback this year and sits on a huge cash pile now. This is partly down to prodding from activist investor Elliott ($). But it looks like they’re taking some big punts with that cash pile ($).
Elon Musk has had a good year. But he’s also disassociated himself with reality.
This is a pretty good parody of every hot tech company right now.
Tech is often about overpromising features that will occur sometime in the future. Looks like Zoom did that when they promised secure end-to-end encryption.
We may never see the end of Trump’s campaign.
The rally in stocks has led to 5 billionaires being worth more than $100 billion ($).