jeff (sane)
· 4d
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqmh5a6mhm4u78glqxhltq7uexv6kddphycthlguvn0ux8ch72tc8qsf8cpz and then the market reacts, prices skyrocket in anticipation of supply shock, profits ...
They were morons because they closed their consumer unit, now they have a glut of wafers and no way to make actual dram chips that can sell to people.
The FIRST rule of dealing with billionaires is when they say "Don't worry, I've got the money", you need to worry because they don't got the money.
Story I heard through the grapevine about Trump: He wanted to buy this yacht, and the whole interior was done in elephant leather so it was grey, and it would have been illegal to do it again so it was a one-of-one. Well Trump says "it's gotta be brown leather", and they're like "WTF" and he's like "MY MONEY, MY PREFERENCES, FIX IT"...
Well, they go through the whole thing and replace ALL of the leather, and they're not getting paid, he's making notes, saying not good enough, fix this, fix that... No revenue, clock ticking, they're on the ropes...
They declare bankruptcy, guess who buys the fucking company. Trump, and he gets his boat for pennies on the dollar.
They're all like this.