April 5, 2021

He Lost a Fortune in Eight Days

1

That time I was pissed that I lost a twenty dollar bill

He Lost a Fortune in Eight Days
He Lost a Fortune in Eight Days. I lost a $20 bill. I feel more aggrieved.

There was this time, last week I think it was, I lost track of a twenty. I'm still mad.

I wonder how this guy goes on.

He lost $8 BILLION in 10 days. You'd have to keep me in a padded room with no access to sharp objects.

It was the “biggest single-firm meltdown since the financial crisis,” per the WSJ, and it’s causing introspection in finance about the ability of private family offices to cause market havoc. 

Morning Brew

Gee, ya think?

2

To say the tide is turning on this one would be a massive understatement.

The Chief of Police in Minneapolis is going to take the witness stand in the Derek Chauvin trial. It's not expected to go well for Chauvin, to put it mildly.

Minneapolis police chief Medaria Arradondo is expected to take the stand as soon as today, as testimony in the Derek Chauvin trial continues for a second week.

Yahoo News

Arradondo, who fired Chauvin and three other officers last summer after George Floyd died was murdered, has said this was murder and will, in fact, state that Chauvin did not follow the training MPD are given.

This could be devastating. Or not. I'm still skeptical AF one juror just won't see what happened here.

Full coverage here.


3

Just another day at Facebook

The exposed data includes the personal information of over 533 million Facebook users from 106 countries, including over 32 million records on users in the US, 11 million on users in the UK, and 6 million on users in India. It includes their phone numbers, Facebook IDs, full names, locations, birthdates, bios, and, in some cases, email addresses.

Business Insider

Meh, it's two years old (says Zuck) and everybody knew your phone number and they don't care about you any way. Meanwhile, get ready for some spam–it's what's for dinner now.


4

Florida man…in this case, it's the “Guvna”

Ron DeSantis has some explainin' to do, but he won't, because that's just not his thing.

Manatee County in Florida was under a state of emergency over the weekend and more than 300 homes were ordered evacuated because of a leak at a wastewater reservoir.

A significant leak was discovered Friday at the wastewater pond located at Piney Point, a former phosphate plant.

NPR

In fact, it's really no big deal, even though I ordered you to leave your house:

(DeSantis) said in a press conference Sunday that the water being dumped wasn't radioactive and that it's primarily salt water “mixed with legacy process water and stormwater runoff.”

So you should be alright. I mean, when has a government official at the highest level downplayed a drinking water issue?


5

This guy was the assailant:

Man stalking former co-worker takes things a step or ten too far
Justin Arthur-Ray Davis (no relation)

A man has been arrested after stalking his former female colleague for over a month, shooting her husband and attempting to kidnap her from her own home.

The incident occurred on Friday, April 2, in Tulsa, Oklahoma, when the unnamed target of the kidnapping was leaving for work in the morning as her husband escorted her to her vehicle when they saw the suspect, Justin Arthur-Ray Davis, sitting in his truck nearby, according to a statement from the Tulsa Police Department (TPD).

“Davis has been stalking the victim for over a month after he resigned at their mutual work place,” TPD said. “She has made reports of Davis sitting outside her apartment and leaving candy and food on her door step.”

It was then that Davis got out of his truck with a shotgun and chased after the couple with it as they ran back into their apartment.

ABC News

It gets worse.



6

To think I used to call it “shitcoin.” My bad.

Daniel Maegaard, 30, of Brisbane, Australia, made a fortune not once, but twice: First, by hedging bets on various cryptocurrencies from 2013-2017, then, more recently, by getting in early on the explosion of non-fungible tokens (NFTs).

It’s a rare tale of how extreme risk-taking, timing, intuition, and a lot of luck resulted in a multi-million dollar payout.

And it began just 8 years ago, with an investment of a few thousand dollars.

The Hustle

Ah, to be young again. But wait, I didn't have “a few thousand dollars” then, either 🙂

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