diff --git a/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-07-22-Billionaire-Boys-Club-Part-VIII.md b/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-07-22-Billionaire-Boys-Club-Part-VIII.md new file mode 100644 index 0000000..d96fc75 --- /dev/null +++ b/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-07-22-Billionaire-Boys-Club-Part-VIII.md @@ -0,0 +1,320 @@ +Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN. +============================================================================================= + +| Author | Source | +| :----: | :----: | +| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ope0w3/billionaire_boys_club_bbc_episode_7_the_chips_are/) | + +--- + +[Possible DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Possible%20DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1) + +(YA... I TOTALLY FORGOT HOW TO COUNT... THIS IS EPISODE 8) + +DISCLAIMER: *I am not a financial advisor, and I do not provide financial advice. Many thoughts here are my opinion, and others can be speculative.* + +*Everything I am highlighting here is asking questions about publically available information and not an accusation of any wrongdoing of any parties mentioned.* + +Also... I'm not financially trained, so feel free to correct me if I miss something or get something wrong!! + +NAVIGATION: + +[BBC Part 1](https://www.reddit.com/r/Superstonk/comments/nzkzi5/is_this_the_final_boss_john_petry_and_ken_griffin/) + +[BBC Part 2](https://www.reddit.com/r/Superstonk/comments/nzrtsq/billionaires_boys_club_part_2_the_inner_circle/) + +[BBC Part 3](https://www.reddit.com/r/Superstonk/comments/nzxjra/billionaires_boys_club_part_3_the_big_boys_i_just/) + +[BBC Part 4](https://www.reddit.com/r/Superstonk/comments/o0isaz/billionaire_boys_club_bbc_part_4_recess_is_over/) + +[BBC Part 5](https://www.reddit.com/r/Superstonk/comments/o16cbm/billionaires_boys_club_part_5_the_foundational/) + +[BBC Part 6](https://www.reddit.com/r/Superstonk/comments/oa8ynd/billionaire_boys_club_bbc_part_6_smile_for_the/) + +[BBC Part 7](https://www.reddit.com/r/Superstonk/comments/oox1sn/the_billionaire_boys_club_bbc_episode_7_what_daf/) + +(THIS IS GME RELATED) + +(Shameless PLUG: Follow me on Twitter for more GME fun:  ) + +----------------------------------------------------------------------------------------------------------------------------------------- + +Ok Apes... I think we've done enough prep work to start talking about the bigger picture stuff. + +So far we've covered: + +- The Milken Institute + +- The Connections between all the big boys + +- The Big GME Short Positions + +- Bill Gates + +- Charter Schools + +- Private Foundations + +- A look behind the scenes with Kenny + +- DAFs + +By no means is this list exhaustive... but it's definitely enough to start thinking about some things... + +So let's start with WHY... + +----------------------------------------------------------------------------------------------------------------------------------------- + +Why do these guys all have charities? + +Why do the charities all have DAFs? + +Why does the divide between rich and poor get greater and greater? + +Why does the world around you always seem just a little bit off? + +(Are we REALLY in the Matrix?) + +----------------------------------------------------------------------------------------------------------------------------------------- + +This episode... I'm going to talk about a Hypothetical... + +Let's pretend for a minute that I BADASSTRADER am a 37 year old genius trader that wants to run the worlds BIGGEST and BEST hedge fund? + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/uiomwgpmarc71.png?width=194&format=png&auto=webp&s=fa575a626296fd3fff122c7aa77612fda3b0d5be)](https://preview.redd.it/uiomwgpmarc71.png?width=194&format=png&auto=webp&s=fa575a626296fd3fff122c7aa77612fda3b0d5be) + +I've been trading since my college days at Harvard and have spent my time building all the right connections. + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/vkf3dfy8brc71.png?width=202&format=png&auto=webp&s=c00cd5e9cacf710272d361bed4dca06a0938c262)](https://preview.redd.it/vkf3dfy8brc71.png?width=202&format=png&auto=webp&s=c00cd5e9cacf710272d361bed4dca06a0938c262) + +By 2006, I have a personal net worth of $1.7 Billion... by 2007, I've nearly doubled that PERSONAL net worth to $3 Billion and my Company Gets Rated the Best Hedge Fund by EuroMoney in 2007 with AUM of $16 Billion... + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/1pnvszjvbrc71.png?width=200&format=png&auto=webp&s=48d1668b98236c1095c4938167a198fae85764d6)](https://preview.redd.it/1pnvszjvbrc71.png?width=200&format=png&auto=webp&s=48d1668b98236c1095c4938167a198fae85764d6) + +So I'm starting to hit my goals... voted the BEST Hedge Fund... but not yet the BIGGEST... and of course then along comes 2008. + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/mox0x789crc71.png?width=524&format=png&auto=webp&s=b11c9d32763c87560beb65aa73cec45cdf22bdc3)](https://preview.redd.it/mox0x789crc71.png?width=524&format=png&auto=webp&s=b11c9d32763c87560beb65aa73cec45cdf22bdc3) + +This REALLY scares the SHIT out of me... + +I have to fight and fight and fight just to survive 1 more day, and though I barely scrape through, it has never hit home how quickly and easily everything I've built comes crashing down. + +So I need to start getting smarter. + +In 2008, I lost $8 billion of my clients money... + +I jumped on a conference call with my Clients, reassured them of my company's stability with an $8 billion line of credit from banks... and then I froze all their accounts from withdrawals. + +I deleveraged most of my higher-risk strategies and focused instead on my multistrategy funds. By Jan, I was back to making profits (Well before the bottom of the crash) + +By November... I'm back up by 59%, I have $13 Billion AUM and I'm smart enough to know there is a void in the market by the collapse of Lehman Brothers... + +I send my right-hand man Rohit D'Souza to New York and setup Citadel Securities to take advantage of this void. + +Now I am trading High-Yield Dept for Institutional Clients, I am underwriting Bonds and I am offering Loan Deals in the 100s of millions. + +Normally... It takes New Securities Firms 3 years just to reach breakeven... + +I do it in 12 months by launching Citadel Execution Services, which becomes the largest equity options market maker in the US in a matter of weeks and now my fund has $25 Billion AUM. + +[Source](https://www.institutionalinvestor.com/article/b150q8rn5hg35w/hedge-fund-manager-ken-griffin-pursues-banking-alternative) + +I now feel unstoppable... I am smarter than everyone else and I have done what nobody thought possible + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/1gd9qzkqfrc71.png?width=1333&format=png&auto=webp&s=e2e7a7a148d72bb6898cc29f2ee07488a8be2988)](https://preview.redd.it/1gd9qzkqfrc71.png?width=1333&format=png&auto=webp&s=e2e7a7a148d72bb6898cc29f2ee07488a8be2988) + +So what do I do now? I need to lock this in and protect my downside right? + +I had already setup my DAF but now that I am profitable again... + +I start pumping 100s of millions of my Net worth into it... and I make it look legit by every now and then throwing a few million at a charitable cause... but it of course has to have added benefits too and further my agenda (these amounts are not even close to the tax write off I get, not mind the appreciation of the assets I have in there) + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/xxrgxxzpgrc71.png?width=717&format=png&auto=webp&s=7a6aa957b273887f851674dc0b9bf9b07934a81a)](https://preview.redd.it/xxrgxxzpgrc71.png?width=717&format=png&auto=webp&s=7a6aa957b273887f851674dc0b9bf9b07934a81a) + +I'm good friends with Bill Gates since we setup our first Charter School in 2006 who advises me to setup a Private Foundation just like his + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/d3sfbovygrc71.png?width=680&format=png&auto=webp&s=1b199ac3c75d8787fd803ead611062a2d76786fa)](https://preview.redd.it/d3sfbovygrc71.png?width=680&format=png&auto=webp&s=1b199ac3c75d8787fd803ead611062a2d76786fa) + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/i092b4bchrc71.png?width=843&format=png&auto=webp&s=bf0311f710afb5aba0250940512df02864fa8904)](https://preview.redd.it/i092b4bchrc71.png?width=843&format=png&auto=webp&s=bf0311f710afb5aba0250940512df02864fa8904) + +BUT REALISTICALLY... I know that most of my money will be going through my DAF... and even after I got divorced and shut down my Private Foundation... I still made 10s of millions in donations from an organization that has no public-facing information, no tax returns, an unknown sum of AUM and I'm not accountable to anyone for it!! + +But maybe for public perception I better keep open a Private Foundation under Citadels name, that doesn't really do anything... + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/xk1dr482irc71.png?width=754&format=png&auto=webp&s=cadf39a6900cb2abac22fd4a3b1106530559206a)](https://preview.redd.it/xk1dr482irc71.png?width=754&format=png&auto=webp&s=cadf39a6900cb2abac22fd4a3b1106530559206a) + +So I am making BILLIONS of dollars in personal wealth now... + +I control the vast Majority of Trade in the US through my Company... + +I pay virtually no taxes... + +I get to push my agenda on how I want society to look through my contributions which are essentially only the dividends from my personal assets under management... + +And I crack the TOP 10 Biggest Hedge Funds... + +Then this happens... + +*(Speculation)* + +I decide to make a trade through my personal DAF on a little company called + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/2c93ewjpnrc71.png?width=800&format=png&auto=webp&s=bde51739cab3d4149f9460cced1fdc38f4ebe45c)](https://preview.redd.it/2c93ewjpnrc71.png?width=800&format=png&auto=webp&s=bde51739cab3d4149f9460cced1fdc38f4ebe45c) + +It doesn't go quite the way I want it... so FUCK IT... I'm TOO SMART to take a loss... + +I get the Company Involved and bring in the Might of Citadel... That'll sort them out... + +I continue to short the shit out of them as I laugh maniacally watching the Share Price dwindle away... + +The end is near and the rewards will be massive for both my company and my personal AUM through my DAF... + +I get all my friends in on this and start to push it down further... + +But little did I know... + +SOMEWHERE... a sharp young man was setting up his room, plugging in his mic... connecting up his camera... and getting ready to stream for the first time... + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/k33hz8v4jrc71.png?width=1379&format=png&auto=webp&s=229ffec5e0690cf2ef13fde964104b5414b65cc6)](https://preview.redd.it/k33hz8v4jrc71.png?width=1379&format=png&auto=webp&s=229ffec5e0690cf2ef13fde964104b5414b65cc6) + +(You beautiful kitty you) + +----------------------------------------------------------------------------------------------------------------------------------------- + +I was going to have to take a Puppy break after putting my mind in the place of Kenny for so long after writing this far... but this handsome kitty saved me. + +----------------------------------------------------------------------------------------------------------------------------------------- + +The point of all this... + +While all this was going on... and Kenny was building his Empire... + +What were you doing? + +Working 9-5 in a boring office job? + +Working hard labor on a building site? + +Worrying about the school run tomorrow and trying to remember if you packed the kids lunches? + +Getting stoned and playing video games til 4AM, and getting up at 1pm the next day? + +IT DOESN'T MATTER... + +You probably weren't doing what Kenny was doing + +He's prepared! + +----------------------------------------------------------------------------------------------------------------------------------------- + +This is their game... + +They have been mastering this craft of taking our money, for decades now... and we didn't even know we were part of a game... + +The CHIPS ARE STACKED AGAINST US... + +But we have finally opened our eyes... + +We are finally fighting back... gaining wrinkles each and every day... + +They have been at this for generations... we ONLY JUST GOT IN THE GAME... + +Are you IMPATIENT??? + +Good... Buy and Hold! + +Are you BROKE from buying??? + +Good!!! HOLD!!!! + +Are you sick of learning more about the corruption and monstrosities that go on at their level? + +GOOOD!!! Get Angry and BUY AND HOLD! + +----------------------------------------------------------------------------------------------------------------------------------------- + +It's not all going to come crumbling down just because we want it too... + +Thanks to the few that have shined their torches for us... we have a path to bring it down... Just by Buying and holding... and I'll say this too... + +There was 1 other phrase of wisdom imparted on us... + +Apes Together Strong... + +I've been seen this a little less recently. + +Not just mod drama shit... but even apes shitting on other apes because they disagree with something... shill or no shill... + +*(How about instead of trying to accuse everyone of being a shill... we just be extra nice to anyone we think is a shill? That way... if they are a shill... they won't know what to do... and if it's just an Ape having a bad day... you've got their back by being nice to them!)* + +It doesn't matter. + +Of course there is a lot of frustration out there... and it's easy to let emotion get the better of us... + +*(*Queue Dramatic Music)* + +But if Apes Together Strong fails... + +Then buying and holding fails... + +And if buying and holding fails... + +Then the Cycle of corruption will continue. + +This is not meant as FUD... + +There is nothing to be FUD about... + +This is just a reminder to remember... + +Remember WHY you are here... + +Remember WHO you are here for... + +Remember WHAT this means for you... + +And remember HOW you got here... + +KENNY is smart... + +Whatever about Evil... he is smart... + +And he is BANKING on us Crumbling... + +It's up to EACH of you and me to prevent this from happening + +(Yes even YOU ape!) + +His weakness is his Ego... and we are slowly chipping away at it. + +It's ours to lose now... + +So... + +How about TOGETHER we be the Apes we know we can be? + +----------------------------------------------------------------------------------------------------------------------------------------- + +I know this is a little off-topic from the usual BBC, but you Apes inspired me with this train of thought from all the positive feedback I got on yesterday's BBC... so I felt it was worth getting into... + +IF YOU DIDN'T LIKE THIS FORMAT... LET ME KNOW IN THE COMMENTS SO I KNOW NOT TO DO IT AGAIN... + +----------------------------------------------------------------------------------------------------------------------------------------- + +But before I end today's episode... this was requested... + +Is that a Puppy and a Baby Monkey Playing with an Ape??? + +[![r/Superstonk - Billionaire Boys Club (BBC) Episode 7 - The chips are stacked against us... ALWAYS HAVE BEEN.](https://preview.redd.it/mlipt55olrc71.png?width=1280&format=png&auto=webp&s=05c086928cf1fb8b2c643860a621f10a9e071345)](https://preview.redd.it/mlipt55olrc71.png?width=1280&format=png&auto=webp&s=05c086928cf1fb8b2c643860a621f10a9e071345) + +YES IT IS!! + +----------------------------------------------------------------------------------------------------------------------------- + +I've had a few requests about getting the word out about this series... + +I am limited by my Audience reach through Reddit and Twitter... + +Some of you already follow me on Twitter... but if you could also retweet my tweet about this post, this may help do that ->  + +(And for those that don't already Follow me on Twitter for more GME fun:  )