Love it 🤣🙈 I'm not sure whether I should get in on the Hawk Tuah initial coin offering, buy the dip on double levered MSTR or bid on the banana taped to a wall. Not a bubble right?
"The POINT is not that any one of these examples indicate market froth. Nor, that valuations can’t adjust both rapidly and rationally.
Rather, it is the peculiar coincidence that should catch your eye.
What a remarkable chance that these disparate and speculative assets have decided to suddenly march in sync?
An even greater surprise, if you rewind to 2021, you find many of these exact same companies, tokens, and figments soaring together — not just in the same year, but the same weeks."
Love it 🤣🙈 I'm not sure whether I should get in on the Hawk Tuah initial coin offering, buy the dip on double levered MSTR or bid on the banana taped to a wall. Not a bubble right?
Do it every day Mon-Fri Matt 👌
Love it! Not really helpful (to be honest) but I love it!
Hahah thanks. The next one is hopefully gonna be a bit useful
Thank you Matt. I appreciate your summary style and updates on key market players. appreicate the doe of humor and irony.
Good one! Keep them coming :)
"The POINT is not that any one of these examples indicate market froth. Nor, that valuations can’t adjust both rapidly and rationally.
Rather, it is the peculiar coincidence that should catch your eye.
What a remarkable chance that these disparate and speculative assets have decided to suddenly march in sync?
An even greater surprise, if you rewind to 2021, you find many of these exact same companies, tokens, and figments soaring together — not just in the same year, but the same weeks."
-lastbearstanding
That was good mate - enjoyed it🫡