Michael Jordan lost $500 MILLION shorting GameStop!!!
(medium.datadriveninvestor.com)
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It's all about insider trading baby, and always has been. Why do think Roosevelt hired all Rockefeller men to start the OSS on Churchill's suggestion. Gentleman Lawyer, Investment Banker, all Ivy League, all spies. Its how the Lawyers and Bankers of the day, and today, cut their teeth in their transition from school lessons to real world experience on the road to becoming mega - lawyers, and mega-investment bankers. They begin as spies. They spy, and they drip out the information to the folks closest to the source because they are young, need the professional validation, and the funds to operate. Jordan was a pretty big get. I'd say Michael Jorden knew what the shorting play was going to be before it began.