Now that the midterms are over

The FTX debacle wouldn't have been possible without VC's who let greed and FOMO take over, discarding their standards for due diligence.

Casting the blame on the "global macro ZIRP environment" isn't going to cut it. There will be major legal fallout.

Professional investors being taken by Elizabeth Holmes is more defensible, because the entire investment hinged on an extremely esoteric, first-of-its-kind technology.

The same cannot be said with FTX. Any legitimate level of due diligence would have uncovered the fraud.

One wonders how this can even be real https://archive.ph/nAUme

This ghoulish exercise involving a Milo Yiannopoulos character adaption was a shot across the bow from the worst elements of the Democrat Party.

They won't go any easier on DeSantis just because he isn't Trump. MeToo, Russia pee tapes, etc. will be used just as quickly.

https://twitter.com/BrentHBaker/status/1590779623234801670?s=20&t=DNVB2EEbshTcTPDYLP6HGQ

The crypto "exchanges" maintaining custody of client funds was always a conflict of interest.

Were they to minimize transaction costs, owing to their duty to customers? Or maximize transaction costs, to maximize profits for shareholders in their exchange?

Be careful.

Ron DeSantis is 5'8 and Glenn Youngkin is 6'9

Imagine the two of them on the same stage for a debate

Observation from DC: FTX thought of themselves as too good for old school lobbying.

Their arrogance made them think that blanket contributions would be enough, and that there was no need to deploy real K Street firepower.

They were wrong. And now they will pay the price.

The Wall Street types have had a terrible track record when it comes to selecting Republican presidential candidates.

Charlie Munger was wrong when he called cryptocurrency “rat poison.”

Rat poison is more useful.

I always just assumed that John Fetterman was a former WWE wrestler.

Late Friday night Media call for Kelly over Masters. Over. They did this to punish Masters for appearing on Tucker tonight and so that no one would organize Stop the Steal protests which Charlie Kirk blocked from happening in Arizona. Turning Point for the Nation? Sucks!

Who warned you? 🤷‍♂️

@AliAlexander (@ali)

If you gave all your money to that bag of lard in the Bahamas, maybe you should be charged as a co-conspirator in the fraud case.

Warren Buffett and Charlie Munger told you to stay away from crypto. But you listened to a pipsqueak real estate agent youtuber who was being paid to sling this garbage instead.