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Old 06-27-2016, 11:23 AM  
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Old 11-19-2022, 03:19 PM   #13036
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Listen to "Thicker Than Water". It's by Tyler Schultz, grandson of George Schultz who was one of the whistleblowers. His story and that of Erika Cheung is really ****ing interesting. It's shorter and much more personal than Bad Blood. If you're going to listen to Bad Blood, Thicker than Water is worth the time.

It got much more into the math of just how bad the efficacy of their tests were. It was real ****ing bad.

But the really interesting part is the family dynamics in the Schultz family. The ****ing old man general was bamboozled hard. Like cult level shit.

Weird man.
I’ll definitely check it out, 11 years is about as good as we could’ve hoped for. They were lined up to put those machines in every Walgreens and were developing contracts with the military.
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Old 11-19-2022, 03:27 PM   #13037
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I feel like she got off really light. When all is said and done, she'll likely spend 2 or 3 years in a country club prison and you know she's got countless millions of dollars hidden away. For her, crime will pay quite well.
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Old 11-19-2022, 06:14 PM   #13038
Buehler445 Buehler445 is offline
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I feel like she got off really light. When all is said and done, she'll likely spend 2 or 3 years in a country club prison and you know she's got countless millions of dollars hidden away. For her, crime will pay quite well.
I don’t know if she has millions or not.

Most of her ridiculous wealth was based on her fraudulent stock price. I mean I think she had a pretty posh expense account, but I’m not sure any of that translated to transferable wealth.

Hopefully not anyway. At least that’s what I choose to believe.
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Old 11-20-2022, 08:44 AM   #13039
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I feel like she got off really light. When all is said and done, she'll likely spend 2 or 3 years in a country club prison and you know she's got countless millions of dollars hidden away. For her, crime will pay quite well.
Forbes apparently estimated it at $0.

https://news.yahoo.com/elizabeth-hol...LgeiR4ai_X1B2a

Long dumb click baity article but here is the important part.

Quote:
So, what is Elizabeth Holmes’ net worth today? After the fall of Theranos, Elizabeth Holmes’ net worth went from a reported $4.5 billion to $0 as of 2022, according to Forbes.
But it’s reasonable to assume that criminal gonna criminal. She would have had to have been a real headcase to be that much of a blatant fraud and NOT squirrel something away.
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Old 11-21-2022, 01:03 PM   #13040
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So Bob Iger is now the CEO of Disney…again?

That is pure insanity.

Iger hand picked his successor, retired, GE style. Then he knee caps that fool and is back as the CEO again.

Disney is a giant ass company and this is major drama. I know there are Disney stockholders here (I sold mine), it will be interesting to see how it affects the stock price. I’ll definitely buy the book of this whole fiasco.
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Old 11-21-2022, 01:14 PM   #13041
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Forbes apparently estimated it at $0.

https://news.yahoo.com/elizabeth-hol...LgeiR4ai_X1B2a

Long dumb click baity article but here is the important part.



But it’s reasonable to assume that criminal gonna criminal. She would have had to have been a real headcase to be that much of a blatant fraud and NOT squirrel something away.

Yeah, I bet she's got some money stuffed in a mattress. I saw some article (sorry, can't find it now) that showed where she's living now, and it's ... nice. It's some huge estate in Silicon Valley. I think there are some rules about not taking people's primary residence in legal proceedings, so she'll be living pretty good when she gets out.
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Old 11-27-2022, 03:01 PM   #13042
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Old 11-27-2022, 03:04 PM   #13043
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Hey Lew, did you go all cash in all your accounts or just the ones you actively trade in?
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Old 11-27-2022, 03:06 PM   #13044
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Hey Lew, did you go all cash in all your accounts or just the ones you actively trade in?
100% cash, outside of small trades here and there in my active trading account and my IRA (I'm back 25% invested in this one).

I just keep dollar cost averaging into my 401k though and never move that around much outside of rebalancing.
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Old 11-27-2022, 04:01 PM   #13045
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Medical is surprising. Guessing it's a lot of pre-meds who didn't make the cut for MD schools.

Also never understood why people go for Socio degrees. If you are going that route you may as well go for a Psych degree. Far more lucrative with a Masters or Doctorate.
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Old 11-27-2022, 04:05 PM   #13046
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100% cash, outside of small trades here and there in my active trading account and my IRA (I'm back 25% invested in this one).

I just keep dollar cost averaging into my 401k though and never move that around much outside of rebalancing.
So you just eat the taxes?
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Old 11-27-2022, 04:14 PM   #13047
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So you just eat the taxes?
In the brokerage account, yes. Haven’t had much this year, however. Not much trading.

No taxes in IRA until you withdraw them so that is a great account to trade in.
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Old 11-27-2022, 04:49 PM   #13048
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Interesting list.

I'll never forget my Journalism 101 experience. **** that cult and I hope their loans are never forgiven.

#5 and #7 are a bit confusing. You'd think they would have known teachers are underpaid before signing up for an education major. It sure seems like anything medical or healthcare related has been slaying for quite a while now, so that one seems strange.
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Old 11-27-2022, 08:07 PM   #13049
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Medical is surprising. Guessing it's a lot of pre-meds who didn't make the cut for MD schools.

Also never understood why people go for Socio degrees. If you are going that route you may as well go for a Psych degree. Far more lucrative with a Masters or Doctorate.
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Interesting list.

I'll never forget my Journalism 101 experience. **** that cult and I hope their loans are never forgiven.

#5 and #7 are a bit confusing. You'd think they would have known teachers are underpaid before signing up for an education major. It sure seems like anything medical or healthcare related has been slaying for quite a while now, so that one seems strange.
Only thought I have on #7 is sure it's a job right away as a medical assistant, but where to after that? That's basically your ceiling right away unless you go back to school.
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Old 11-30-2022, 10:40 AM   #13050
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Yeah... I think I'll move most of my Tesla money elsewhere.
What are your guys views on Tesla in the future? I'm really tempted to sell most of my shares and either sit on the cash or put it somewhere else.
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