Chamath Palihapitiya @chamath tweet - All the money in 2008 was made by suits identifying a market dislocation and exploiting it. All the money in 2021 was made by retail identifying a market dislocation and exploiting it...until the suits intervened. 👀 What’s the difference with these two statements?

Dr. Parik Patel, BA, CFA, ACCA Esq.

@ParikPatelCFA

5 years

@chamath All the money in the Dr. Patel household was made selling samosas

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Chris Randone

@_cdome

5 years

@chamath Hey @chamath just letting you know we can't trade any of your SPAC's/Stocks $CLOV $IPOE etc.. on @RobinhoodApp now..

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Puru Saxena

@saxena_puru

5 years

@chamath 2008 - the eye of the pyramid benefited 2021 - the eye of the pyramid lost out to the 'peasants'

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unusual_whales

@unusual_whales

5 years

@chamath Remember this - when we follow the flow, they are scared. When they do it, it is smart, precision banking. When we do it, it is to be regulated, forewarned, and made impossible. Drown the suits. Together, we make waves.

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akshay barve

@akshaybarve3

5 years

@chamath A few “professional traders” on CNBC say, gme is one hit wonder. Maybe they don’t understand how internet works.

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LST

@LongShortTrader

5 years

@chamath You’re a suit

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Lewis Morgan

@LewisMorganUK

5 years

@chamath SUITS.

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J.C. Parets

@JC_ParetsX

5 years

@chamath lol you don’t actually believe that do you? Cute marketing angle tho

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Peter Mallouk

@PeterMallouk

5 years

@chamath Now you’re just making stuff up.

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Frank Zorrilla

@ZorTrades

5 years

@chamath GME is at $300, retail has already won. Shorts have lost 54 billion dollars. Or is there a certain price on $GMe that you feel retail deserves, $500, $750, $1,000? What does your desire end game look like?

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Lyall Taylor

@LT3000Lyall

5 years

@chamath One statement is true and the other is false/misleading. In 2021 retail *created* a market dislocation and exploited it. And the suits didnt intervene to stop it. Regulations and clearinghouse infrastructure required a temporarily pause to avoid risk of counterparty defaults.

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This is Bullish

@thisisbullish

5 years

@chamath This is ₿ullish.

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Unique

@UniqueBeginnin2

5 years

@chamath $GME $AMC

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Jen Ross

@rocket_jenross

5 years

@chamath You’re lying

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David Aron Levine

@davealevine

5 years

@chamath You are leaving out the HFTs and Quants who were front running Retail and amplifying the impact of what they did this whole time. Don’t pretend that “Suits” haven’t been crushing it in this rally as well. They are just quiet behind the scenes moving hundreds of $billions.

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𝕋entacle ℙapi

@tentaclepapi

5 years

@chamath Can we get an $amc tweet for the culture man. We are so close.

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Dimes Square Holdings LP

@rvc330

5 years

@chamath anyway delete robinhood and use my investing app instead

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🅰️LB🅰️ 🏴󠁧󠁢󠁳󠁣󠁴󠁿

@ALBACapMgmt

5 years

@chamath you paid the highs ?

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Minsky Moment

@BP_Rising

5 years

@chamath You are a suit. Stop the act brother.

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BK Moore

@bk_moore

5 years

@chamath Suits wants you to spend money, not make money.

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Couch Investor🛋️

@Couch_Investor

5 years

@chamath @chamath what's SoFi's position in all of this? Heard some people saying they can't trade crypto freely...

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Andrea Funsten

@AndreaFunsten

5 years

@chamath Wait until savvy, young retail investors discover @InvestComposer

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David Nage🎯

@DavidNage

5 years

@chamath Chamath this was my exact message to @andrewrsorkin yesterday:

David Nage🎯

@DavidNage

5 years

@andrewrsorkin Institutions made billions selling crap plus synthetics in the financial crisis; retail got hammered; institutions got bailed out. This time retail is making $$ on the backs of over levered hedge funds and media cries fowl.

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Yaman

@ValueAnalyst1

5 years

@chamath No difference: they are both wrong.

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 Q-Cap 

@qcapital2020

5 years

@chamath @ParikPatelCFA

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Brian D. Evans

@BrianDEvans

5 years

@chamath @vajra_la Facts.

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giraf ganger

@Girafganger7

5 years

@chamath in both cases you dumped on the poor guy and looked like a hero????

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Renny

@rennyzucker

5 years

@chamath Trillions and trillions of dollars....

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Shane

@shan3v

5 years

@chamath @ericmass_ No one can intervene when it’s decentralized, distributed, and transparent. I’m glad you finally know what DeFi is :)

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Zibo Gao

@gao_zibo

5 years

@chamath *(A small portion) of all the money in 2021 was made by retail identifying a market dislocation and exploiting it"

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Tim Smith 邪悪なヤギハンター

@bitvargen

5 years

@chamath Unacceptable

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Dave Abner

@dabner

5 years

@chamath It’s actually the same people.

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Kirk Spano

@KirkSpano

5 years

@chamath I guess I have a question for #RedditArmy $GME longs. Once shorts were burned, then what? Who do you sell your shares in a shit stock too? I wouldn’t want to be owning $GME when liquidity tightens. But, the money printer go brrr...

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Texas Slim™️

@modernTman

5 years

@chamath @BrainHarrington Please make California visit friendly again.

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Braeden Norris

@braeden_norris

5 years

@chamath The suits didn't intervene in RH or the other brokerages. They couldn't fund the requirement from clearing houses. Fundamental problem in the pipes of the financial system.

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🌋🌋 Deep₿lueCrypto 🌋🌋

@DeepBlueCrypto

5 years

@chamath

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