I'd give you a bit more credit than that.
Not many would/could have done what you did. I, for example, graduated into the GFC, could barely get good work despite having a good college degree, still I was lucky enough to have work, not many saved nor invested back then but I did what I could, and I made some good investments (GOOG/LVMUY) but also bad ones (T/INTC) instead of just indexing and chill despite being a fan/student of Buffett. I didn't start indexing and index leveraging until the pandemic dip. I'd count myself having done better than most people just barely breaking into 7figs rather than multiple 7figs.
So congratz & fuck you, but make sure to pat yourself in the back.
p.s. I read your other posts about why you're getting out now, but what are you going to? Just deleverage into 60/40 VOO/SGOV? All into BOXX/SGOV? 3/7/10/20/30 yr bonds? Gold? Just taking cash and going to Thailand?
Microsoft reporting $4 billion loss on OpenAI equity was the day the realization sat in that its all house of cards. OpenAI has more than a $1 trillion in obligations and no way to pay for them. Sam keeps repeating that OpenAI has a good revenue but the clear picture is only available from MSFT earnings report.
On top of that OpenAI co founder Ilya sutskever said Sam Altman has a habit of lying. So whatever might Sam says now has to be taken in with grain of salt.
I thank stoned me who full ported AAPL three days ago after realizing market will pay huge attention to if OpenAI has any revenue or not.
I think thats the reason why GOOG, AAPL and AVGO didn’t go down as much. AVGO has 80% AI chip business tied to GOOG. And GOOG is well protected as it is the only company who doesn’t need to pay anyone else a lot of money for development of AI. I also think thats is the reason Apple went with gemini for Siri overhaul because there is a significant chance OpenAI might not even survive in long term.
#Ban Bet Lost
/u/crazier_ed made a bet that GOOG would go to 288.0 within **1 hour** when it was 286.208 and it did not, so they were banned for a week.
Their record is now 3 wins and 4 losses
[**Join WSB Discord**](https://discord.gg/wsbverse) | [**⚔**](https://www.reddit.com/r/KarmaCave/)