Please do not do this, and if you do, please size small. There are plenty of stories of contentious "rulings" from prediction markets. For example, according to Kalshi, Tesla launched FSD...so go book a ride I guess!

OK, but you also don't *have* to bet on a market where 1) someone probably knows the outcome 2) you think they will bet on said outcome. I assure you, there's plenty of other stuff to bet on.

Tbf, crypto solves this. The problem, of course, is why our government requires this from banks while also supporting crypto.

Every Bitcoin fan isn't a grifter, but every grifter is a Bitcoin fan.

I wonder if the Fed thinks Cardi B performed at the Super Bowl

Nobody tries to put your post in a bikini here.

Listening to books is terrific and life changing. The one stance where I side with the readers is re people who brag "I read 48 books last year" when they in fact listened.

If you vote for me, nobody in my administration will refer to the Dow in dollars.

So if you want to be long Elon, the only public vehicle has been #$TSLA. But its core business is dying. And soon, you'll be able to own SpaceX...which has an Ai narrative. Can the market really support $2.5-$3tn of Elon exposure? And if not, isn't it easier to get excited about the TAM of space?

So is the bear case for Draftkings and Flutter that gambling, which is highly regulated, just won't be regulated anymore? That prediction markets will takeover and all of the tax revenue will just stop flowing? And nobody will use online casinos etc?

If memory serves, he was envious of other companies (#$META #$SNAP) that had this structure so I'm not surprised. It'll happen.

Whenever someone says "they said it was impossible," basically nobody said it was impossible.

What's the bull case for #$WMT at 45x?

I can only assume someone is expecting a lot of space subsidies.

So wait, we can't send all of the people who want to go to Mars to Mars?

So he's not on the injury report but he needs a pain killing injection in the arm he throws with? I honestly don't know how this works. Maybe everyone is hurt all the time at this point of the season. But "qb needs pain injection to throw" also seems important.

Imagine wanting to move to Mars.

If you assume Kid Rock wished for fame and fortune on a monkey's paw, it all makes sense.

Has anyone picked the Patriots besides ex Patriots?

Music would like a word

When someone shows you who they are, believe them the first 435,274 times.

Well, @midwesthedgie.bsky.social hasn't had a down year either. www.bloomberg.com/news/article...

"You can't loose if you don't sell." - Warren Buffet

Value Investors walking into the Super Bowl party

Will somebody please think of the Lamborghinis

Fear not, longs! It can go down 50% for eternity and never reach zero.

The latter is arbitrary for a speculation.

JUST IN: Price targets on speculations are arbitrary.

If you're suddenly confused by a society where crime and fraud is committed in broad daylight, and everyone shrugs and says "well, what can you do?", go hug a short seller. They've been pointing out this phenomenon for most of the century.

What do they know?

So if Fraudbucks aka crypto doesn't go up with a "friendly" administration and a weakening dollar, what's the bull narrative?

It's 80% malice and 75% stupidity.

I'm just enjoying the fact that Ai isn't pumpy enough so we need Ai in space.

Fwiw, I asked my students if they knew what FUD was and nobody knew what I was talking about. So there is hope.

Imagine the accounting possibilities.

Because longs believe they'll solve FSD + FOMO + bubbly market + "don't bet against elon." It's basically a story stock detached from economic reality. But as we've seen, that can persist. If you compare it to crypto, it makes more sense. Speculation.

I miss the TeslaCharts charts.

Jeez, if they really wanted to stick it to Belichick, they would've voted Eli in this year.

Tbf, there's a large subsection of today's market....from meme stocks to crypto to narrative driven tech stocks, that are "unencumbered by the usual valuation metrics." It's hardly a metals only thing.

"You call that a catch?" Oil on Canvas

Making $ on #$GLD but understanding why the trade is working