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No longer dumb money “There was a period of time where people just looked at us as money, and we knew that,” Ellison told the New York Times a few months before the film debuted. “But there has been a shift. Our content – the ideas, the execution – has become more important than our capital.”
The Downside Of "Diamond Hands" Last week, I finally got around to watching Dumb Money, the movie about Keith "Roaring Kitty" Gill and the epic GameStop Corporation (NYSE:GME) pump of a few years ...
Economist and staunch Bitcoin critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. What Happened: On Sunday, Schiff took to X to share his observations on the current trading patterns and ETF inflows of Bitcoin. He suggested that while the “smart money” is selling Bitcoin in the spot market, the “dumb money” is buying it through ETFs.
No longer dumb money “There was a period of time where people just looked at us as money, and we knew that,” Ellison told the New York Times a few months before the film debuted.
Of course that's what you call it. Smart money distributing to dumb money. Aka those who haven't figured it out yet. And that same Smart money will be "accumulating" more when that very same dumb money capitulates. They don't worry about the day to day moves. They play big swings. Distribution like TA.
Last week, I finally got around to watching Dumb Money, the movie about Keith "Roaring Kitty" Gill and the epic GameStop Corporation GME pump of a few years ago. It's entertaining, and worth a ...
He would eventually file a defamation suit against 60 anonymous people which was dismissed with Mr. Tomlinson being ordered to pay $34,762.25 for opposing parties' attorney fees. He ended up paying $83,736.99 due to his unsuccessful attempts to dodge the court-ordered judgement, for which he faced jail time and contempt charges .
