How are your investments doing?

[ultrarunner]

My cousin's ranch easily is worth tens of millions in land, cattle and equipment alone. If you ever saw him, you'd think he was struggling to put fuel in his truck.

I worked in financial services most of my work life. People making tens of millions are not like the characters who do so in movies...not most of them anyway.

So true… just hang around Silicon Valley long enough will change a person’s perspective of rich…

That said family friend of grandparents and my dad was a generational owner of a very large Nevada cattle ranch and also prized Lake Tahoe holdings and you would never ever know it seeing him in boots driving his old beat pickup with a livestock rack in back…

 

[RSKY]

I have read that billionaires that actually drive themselves tend to own Toyotas and Ford F150s. One of the wealthiest people I have been friends with always made sure his wife had a new vehicle, and she really didn't care, but drove 10-20 year old cars or trucks himself. His wife finally got tired of Infinitis or Mercedes and got herself a Chrysler minivan. Drove it for years until he traded it in on a new one for her.

RSKY

 

[steve tym]

I'm going to buy some bitcoin. My advice to anybody that has it, sell it now. As soon as I buy it, it will fall for the next couple years, or finally be exposed as a Ponzi scheme.

 

[MossRoad]

I have read that billionaires that actually drive themselves tend to own Toyotas and Ford F150s. One of the wealthiest people I have been friends with always made sure his wife had a new vehicle, and she really didn't care, but drove 10-20 year old cars or trucks himself. His wife finally got tired of Infinitis or Mercedes and got herself a Chrysler minivan. Drove it for years until he traded it in on a new one for her.

RSKY

My wife always says "We need a car that's nice enough to drive to a funeral or wedding, and then your vehicle."

 

[CH4Ohio]

I have a open bid today at $15. All the conditions are right. The volume is a little light, but I'm ok with it. There is over 535K moving on the daily.

If it fills, I would put my first sell stop around 12.50

Was your open bid order good until cancelled, or only for the one day? Looks like MFI hit your target price on the following day -- did it fill?

I didn't do any deep research, but it does look like MFI is raising money and plans to invest heavily in crypto. Given your views on crypto, which I share, is that a concern for you?

Thanks in advance! I'm interested in following to the extent you're willing to provide updates.