The Coming Crash in Private Equity

The Coming Crash in Private Equity

On the topic of marking to market… I’ve talked about the private equity and in particular private credit bubble, and how multiple PE funds have gated investors. Now we see the dolts running Harvard’s money are neck deep in this garbage. Not surprised, really. The liquidity trap the poor suckers at Harvard (spineless pointy shoes)…

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BREAKING: FBI Did NOT Believe It Had Probable Cause to Raid Mar-a-Lago – But Descended on Trump’s Estate Amid Pressure From Biden DOJ

BREAKING: FBI Did NOT Believe It Had Probable Cause to Raid Mar-a-Lago – But Descended on Trump’s Estate Amid Pressure From Biden DOJ

According to emails obtained by Fox News, the FBI did not believe it had probable cause to raid Mar-a-Lago in 2022 but descended on Trump’s Florida estate amid pressure from Biden’s corrupt Justice Department. Biden’s FBI raided Mar-a-Lago in 2022 and seized boxes of records from Trump’s Florida estate. More than 3 dozen machine-gun-toting agents…

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Cathie Wood’s Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat

Cathie Wood’s Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat

Today’s quantum computers are far from breaking Bitcoin’s cryptography and any real threat would likely emerge gradually, giving the network time to adapt. What to know: Ark Invest said current quantum computers lack the power needed to break Bitcoin’s cryptography, and meaningful breakthroughs would likely affect broader internet security first. Roughly 35% of the bitcoin…

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