APT 0.00% $66.47 afterpay limited

Yes, keep brushing aside Alan as Ponzi beats Alan. No one knows...

  1. 347 Posts.
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    Yes, keep brushing aside Alan as Ponzi beats Alan. No one knows "who is the Mother of all Ponzi schemes?" Just read below:

    Tesla (TSLA) is now worth nearly $800 billion -- more than every other major automaker combined.

    Shares of Airbnb, DoorDash and other unprofitable start ups have gone straight up on their first day of trading. Shell companies with no operating assets have raised gobs of money thanks to a phenomenon known as SPAC mania.

    None of this is normal. Rock-bottom interest rates are forcing investors to take extraordinary risks -- and for some, this will end badly.
 
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