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Hi Team

I know everyone is concerned about the market but when you look at the top 14 firms on Wall Street these are their price targets. Only two of the 14 or 14% are below where we are now. They are Bank of America (shit bank by the way) and Piper Sandler - ultra-conservative. 

I am well aware of Scott Minerd Guggenheim saying 20% dip on Oct 15th - talking to his own short position. 

I am also well aware of Ray Dalio's latest. 

At the end of the day my equities are now 86% TESLA (crazy high I know - NFA but it is the asymmetric equity bet of this period for me). 

80% of YouTube and FinTwitter are also death and gloom and world is going to end.  I get it. Fear sells. I stick with smart minds and math. 

PS there is a chance that BofA and Piper are correct but it is a 14% chance. I prefer the 86% side of the bet. 

WOW just noticed I am 86% tesla and 86% of this sample think we end the year higher.  Good omen? Or did I jinx it?


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Anonymous

Curious what BlackRock's opinion is. Only one that pretty much matters lol IMO

Anonymous

https://www.globenewswire.com/news-release/2022/09/20/2519184/6948/en/Nasdaq-Establishes-New-Digital-Assets-Business.html what are your thoughts on this ?