diff --git a/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-06-14-Billionaire-Boys-Club-Part-II.md b/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-06-14-Billionaire-Boys-Club-Part-II.md new file mode 100644 index 0000000..878ee22 --- /dev/null +++ b/01-Must-Read/Billionaire-Boys-Club-by-BadassTrader/2021-06-14-Billionaire-Boys-Club-Part-II.md @@ -0,0 +1,326 @@ +Billionaire's Boys Club - Part 2: The Inner Circle +================================================== + +| Author | Source | +| :----: | :----: | +| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nzrtsq/billionaires_boys_club_part_2_the_inner_circle/) | + +--- + +[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) + +(Shameless PLUG: Follow me on Twtter for more GME fun: ) + +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/) + +Ok, you apes got me all riled up now after the positive reaction to my last post ([Ref Boys Club Part 1](https://www.reddit.com/r/Superstonk/comments/nzkzi5/is_this_the_final_boss_john_petry_and_ken_griffin/)) so I've decided to keep digging. + +Let's start with Our New Super Villian Michael "Milky" Milken: + +[![r/Superstonk - Billionaire's Boys Club - Part 2: The Inner Circle](https://preview.redd.it/7li64nzrk9571.png?width=220&format=png&auto=webp&s=1bcde810dc36c5dda25784896d52d37d983b9dcb)](https://preview.redd.it/7li64nzrk9571.png?width=220&format=png&auto=webp&s=1bcde810dc36c5dda25784896d52d37d983b9dcb) + +Disclaimer: I'm Irish and have no real interest in American pol itics, so I know once I mention this shit's gonna get political, but lets try and not... + +We're all Apes, we're all here for the Stonk... not for Poli tics. + +So... TR UMP pardoned this guy on 18th Feb 2020. + +What struck me about this, was that he had 33 people lobbying Tr ump to get his Pardon. ([Ref New York Times](https://www.nytimes.com/2020/03/01/business/michael-milken-trump-pardon.html)) + +Now, when you click on the link to get the White Houses statement on who these 33 people are, it brings up a 404 error... The statement no longer exists! + +But luckily, this Ape has heard of the way back machine! + +So using the way back machine, we can get the 33 names. ([Ref Wayback Machine](https://web.archive.org/web/20200313203638/https://www.whitehouse.gov/briefings-statements/statement-press-secretary-regarding-executive-grants-clemency-2/)) + +-   Dr. Miriam Adelson - Married to Sheldon Adelson + +-   Sheldon Adelson - Tru mps Largest Donor, Casino Tycoon, 28th Richest Person in the world + +-   David Bahnsen - Founder of the Bahnsen Group - Private Wealth Management Firm + +-   Tom Barrack - Founder of REIT company Colony Capital + +-   Maria Bartiromo - Fox News Financial Journalist + +-   Ron Burkle - Founder of The Yucaipa Companies LLC a Private Investment Firm + +-   Secretary of Transportation Elaine Chao - Politician + +-   William Ford - Seriously? Yes, this is the executive chairman of Ford Motors + +-   Josh Friedman - Screenwriter. Wrote the Terminator Movies. Confirmed Simulation. + +-   Rudy Guiliani - Think we all know Rudy + +-   Josh Harris - Founder of Apollo Global Management - Investment Firm + +-   Rabbi Marvin Hier - Founder of the Simon Wiesenthal Center + +-   Ray Irani - CEO of Occidental Petroleum + +-   Robert Kraft - CEO of The Kraft Company + +-   Richard LeFrak - CEO of LeFrak - One of the biggest landlords in New York + +-   Randy Levine - President of the New York Yankees + +-   Howard Lorber - CEO of Vector Group Ltd - A holding Company + +-   Representative Kevin McCarthy - Congressman + +-   Larry Mizel - EC of MDC Holdings (+ Chairman of Simon Wiesenthal Center???) + +-   Arte Moreno - Owner of Anaheim Angels + +-   Rupert Murdoch - Again... Seriously? + +-   Sean Parker - WTF? + +-   John Paulson - Oooh Hedgie #1 - Founded Paulson & Co. + +-   Nelson Peltz - Founder of Trian Fund Management - Investment Firm + +-   Steven Roth - Founder of Vornado Realty Trust - The Largest New York Landlord + +-   David Rubenstein - Yup. CEO of The Carlyle Group + +-   Larry Ruvo - VP of Southern Wine and Spirits of Nevada + +-   Marc Stern - Chairman of the TCW Group - Asset Management Financial Institution. + +-   Steven Tananbaum - Hedgie #2 - Founder of GoldenTree Asset Management + +-   Ted Virtue - CEO of MidOcean (Prior CEO of DB Capital Partners with Oversight of Deutsche Bank) + +-   Andrew von Eschenbach - FDA Commissioner + +-   Mark Weinberger - CEO of EY (Board of Directors at Metlife) + +-   Gary Winnick - Founder of Global Crossing + +So fuck me Apes... + +This guy has some friend list willing to go to bat for him right? + +Can't even count the amount of Billionaires up there and this is just the list of people issued in the official Whitehouse statement (That mysteriously no longer exists) + +So... on with the connections. + +Let's cross-reference our hedgies with our favorite stonk. + +John Paulson Hedgie #1 - Does not have a position in GME according to latest 13F. + +Neither does Hedgie #2, though he does have a small up of a million shares on AMC + +How about our investment firms? + +Josh Harris at Apollo Global Management decided in Q1 of 2021 that he would trade GME for the first time with a small put position of 150,000 Shares. ([Ref Holdings](https://whalewisdom.com/filer/apollo-management-holdings-l-p#tabholdings_tab_link)) - Similar Timing to Sessa Maybe? + +But other than that... not a whole load more to report. + +How about connections to Kenny Himself? + +Well there's a SHITLOAD of that... + +Here's just 1 article, referencing 6 of our 33 hitlist in addition to Kenny himself referencing donations to the Repu blican party. (Again... I'll try keep po litics out of this, but this is establishing connections) + +[Reference Forbes Article](https://www.forbes.com/sites/windriver/2021/05/07/open-source-brings-collective-creativity-to-the-intelligent-edge/?sh=7f6db7ab321a) + +(Can you spot all 6?) + +I'm not going to go through ALL of it as there is WAY too much, but it's safe to say... there are a lot of connections + +But here are a few examples to wet your confirmation bias... + +[Elaine Chao and Kenny hanging out at a Milken event with "The worlds most powerful thinkers"](https://www.reuters.com/article/cbusiness-us-milken-conference-trump-idCAKBN17Y26U-OCABS) + +[Kenny, David Rubenstein, Mark Weinberger, Steven Tananbaum all hanging out at the Milken Global Conference in 2017](https://milkeninstitute.org/events/global-conference-2017/speakers) + +[Kenny buys Rupert Murdochs ex Wife's House](https://www.chicagobusiness.com/residential-real-estate/what-will-billionaire-ken-griffin-build-his-huge-palm-beach-estate) + +(Can't make this shit up) + ++ This Milken Institute seems to be central for a lot of these guys... + +ANYWAY.... + +---------------------------------------------------------------------------------------------------------------------------------------------- + +On to the shit we care about. + +We've established that there's a Billionaires Boys Club and Kenny is Part of it. + +So let's take the Sessa and Apollo pattern and see if we can expand on it. + +What are we looking for? + +Companies that own Puts, that first reported ownership in Q1 2021 and that have not hedged. + +This gives us this list: + +Taconic Capital Advisors: 537,900 shares valued at $102 million + +Hound Partners LLC: 241,500 shares valued at $45.8 million + +CMT Capital Markets Trading: 241,500 shares valued at $45.8 million (Sounds familiar) + +Millennium Management LLC: 163,400 shares valued at $31 million + +Apollo Management Holdings: 150,000 shares valued at $28.5 million (We know who this is) + +CSS LLC: 71,000 Shares valued at $13.5 million + +Jefferies Group LLC: 48,000 shares valued at $9 million (Jefferies? WTF) + +Ionic Capital Management: 20,600 shares valued at $4million + +There's more... but that's enough for now. + +--------------------------------------------------------------------------------------------------------------------------------- + +The second biggest NEW put position is Taconic Capital + +Founder of Taconic, is Frank Brosens. + +Frank Brosens was invited to speak at the Invest for Kids Event in Chicago... + +As was Kenny + +As was Milken + +Reference: [Invest for Kids Event Speakers list](https://investforkidschicago.org/past-speakers/) + +--------------------------------------------------------------------------------------------------------------------------------- + +3rd biggest NEW position without a hedge falls to Hound Partners + +Couldn't dig up a lot here except this suspiciously convenient article about Kenny having a CURIOUSLY passive stake in TiVo along with Hound Partners, both in a stock that is "Not exactly widely followed" + + + +On the OTHER HAND... + +(This shit gets crazy) + +Hound Partners was funded by a company called Tiger Management. + +Tiger Management was founded by Julian Robertson + +And... I really can't believe I am saying this but... + +Kenny's Ex-wife, Anne Dias, Managed Money for both Kenny and Julian Robertson!!!! + +WTF... THE ACTUAL FUCK + +Reference: + +I don't subscribe to WSJ, so only reading the headline... LMFAO + +--------------------------------------------------------------------------------------------------------------------------------- + +Next up to get knocked down... + +Millenium Management Company Run by Israel Englander + +Again... a suspiciously convenient example of Citadel and Millennium working in parallel with each other dumping FireEye Shares. + +Reference (Warning... this is a motley fool article. Proceed with Skeptisism. [Link)](https://www.fool.com/investing/2016/05/26/these-billionaires-just-dumped-more-than-1-million.aspx) + +And yet again... Milken Global Conference 2010 with Milken, Kenny and Englander + + + +--------------------------------------------------------------------------------------------------------------------------------- + +Apollo we already discussed. + +But another cross-referencing showed up this article that has Marc Rowan (Apollo Founder), Kenny AND Julian Robertson all donating to Mitt Romney + + + +And more form the Apollo leadership team heading out to hang out with Milken and Kenny in 2015: + +--------------------------------------------------------------------------------------------------------------------------------- + +CSS LLC was a much tougher nut to crack. + +Smaller company. Smaller position. + +Finra does have a check on them though ([Ref: LINK](https://brokercheck.finra.org/firm/summary/45980)) + +And it shows a single Director: Peter Anthony Ianello + +After doing some solid Googling, it turns out he goes by Peter Ianello and is actually the founder of a different company... OCA Ventures. + +I searched them for a 13F, but doesn't exist. (Ref: ) + +But they are out of Chicago and both Kenny and Peter made it to the Chicago 100 list: + + + +A cross-reference with Milken shows that both guys are listed as business speakers for events... but that's meh... + +That's all I could get for this one... but I am even more suspicious of these smaller funds. + +---------------------------------------------------------------------------------------------------------------------------------- + +Ionic Capital Management was a hard nut too + +Founders were not listed in Linkedin, but I found [an article](https://www.globalvolatilitysummit.com/sponsor/ionic/) listing 3 Co-Founders for the company: + +Bart Baum + +Adam Radosti + +Daniel Stone + +YET AGAIN... another article talking about Kenny and one of these companies making unusual plays. + +Here they talk about Citadel And Ionic (Specifically just these 2) being bullish on a company called Verb. -- ONLY 4 hedge funds in total were trading this company!!! + +Ken created the largest position and Ionic had the highest weighting. + +And weirdly... in the article... it says both companies had $0 million as their position. lol. WTF. + +Reference: + +And here... Millenium, Citadel and Ionic all mentioned in a poorly timed position in LATAM Airlines + + + +Another unusual trade in NASDAQ:AVCT mentioning Citadel, Ionic and Millenium... + + + +Another unusual trade for NASDAQ:GSMG mentioning Citadel, Ionic and Millenium... + + + +This list goes on... but I think you get the picture... + +Been writing and researching this for a good few hours now, so I hope you find some entertainment in it. + +I think the point is clear... and something we all knew all along. + +There is 100% a Billionaire's Boys Club... but it's still fun to connect some of the dots! + +Feel Free to add me on Twitter: + + + +EDIT: Part 3 on the way... Let's get a little more solid in the connections this time. + +EDIT: Part 3: + +BIG FUCKING EDIT: ALL MARKET VALUES ARE AS PER 31ST MARCH 13F FILING DATES