Fantastic explanation by Elon--
Fun fact: The first actual documented "short position" was executed by Amschel Mayer Rothschild. He had access to military intel and learned that the british had won an important battle against the french (I forgot the year but it was centuries ago) he told everybody that the british had lost and to sell their british holdings to avoid loss. They did, and he bought up everything he could at rock bottom prices.
Napoleon was defeated then. Rothschild had quick news runners placed and was able to get the battle outcome news 22h before the news reached Britain on usual channels. It was enough to crush the markets with fake news and buy all the stock with 90% 'discount'. Next day the stock market rebounded.
Elon Musk is a sleeper. He speaks out of both sides of his mouth.
He says AI is our biggest foe and then celebrates putting programs in gorilla's heads so they can think like a human.
So does anyone know who Munro is? I'll be researching later today after work but he sounds interesting from the short amount of questioning I heard here.
woah,good job Elon.
Fantastic explanation by Elon-- Fun fact: The first actual documented "short position" was executed by Amschel Mayer Rothschild. He had access to military intel and learned that the british had won an important battle against the french (I forgot the year but it was centuries ago) he told everybody that the british had lost and to sell their british holdings to avoid loss. They did, and he bought up everything he could at rock bottom prices.
He became the wealthiest individual in Europe.
Napoleon was defeated then. Rothschild had quick news runners placed and was able to get the battle outcome news 22h before the news reached Britain on usual channels. It was enough to crush the markets with fake news and buy all the stock with 90% 'discount'. Next day the stock market rebounded.
thank you!
Learned a lot. Thanks OP!
thank you for the time stamp!
No problem bro! I would not have put it up without a time stamp ;)
its nice not having to wade through an hour long video
Elon Musk is a sleeper. He speaks out of both sides of his mouth. He says AI is our biggest foe and then celebrates putting programs in gorilla's heads so they can think like a human.
So does anyone know who Munro is? I'll be researching later today after work but he sounds interesting from the short amount of questioning I heard here.