this post was submitted on 06 Nov 2025
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Looks like very mixed returns. Which is what you'd expect from a strategy of betting on areas that are significantly overvalued.
The market can remain irrational for longer than you can remain solvent
See Bill Ackerman and Herbalife.
Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.
Nah.
Can investors remain irrational long enough for OpenAI to remain solvent?
They have been irrational longer than you've been an investor. They have become exceedingly efficient at it.