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IS THIS THE FINAL BOSS? John Petry and Ken Griffin Billionaires Boys Club - And the Puppet Master behind it all???
==================================================================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nzkzi5/is_this_the_final_boss_john_petry_and_ken_griffin/) |
---
[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: <https://twitter.com/BadassTrader69> )
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/)
So I spent this morning's pre-market browsing some 13Fs, (This is the way) and I came across a little-known hedge fund called Sessa Capital.
What stood out to me about this hedge fund, was their huge overweight position of 1.8 million GME puts. (Correction 1.8 million shares of GME Puts estimated at $351 million value)
This is now the fund's biggest position, accounts for 13.5% of their portfolio, and get this... they had not traded Gamestop prior to Q1 2021.
So I thought to myself... what could have possibly INSPIRED this fund to go all in on a Gamestop short after the Jan mini-squeeze. Isn't that a bit of a suicide mission? Especially for a fund with such a good track record...
...AND they have not even hedged this position...
So I looked into the fund a little and found it is run by a guy named John Petry.
My immediate thought was... I bet he's connected to Shitadel somehow.
I looked him up on Linkedin... not a past employee.
I checked his Fund's New York Address expecting it to be in the same building as Kenny.
It's not...
But it's not far:
[![r/Superstonk - IS THIS THE FINAL BOSS? John Petry and Ken Griffin Billionaires Boys Club - And the Puppet Master behind it all???](https://preview.redd.it/m42d7mvqs7571.png?width=2556&format=png&auto=webp&s=7de380cddfe0397e50cff8667a8ddea56041e5b0)](https://preview.redd.it/m42d7mvqs7571.png?width=2556&format=png&auto=webp&s=7de380cddfe0397e50cff8667a8ddea56041e5b0)
And even closer to Kenny's gaff
[![r/Superstonk - IS THIS THE FINAL BOSS? John Petry and Ken Griffin Billionaires Boys Club - And the Puppet Master behind it all???](https://preview.redd.it/7wpgbmq0t7571.png?width=2555&format=png&auto=webp&s=c940633bb3865cfb7e5da6c64797ecc1337feac7)](https://preview.redd.it/7wpgbmq0t7571.png?width=2555&format=png&auto=webp&s=c940633bb3865cfb7e5da6c64797ecc1337feac7)
(Could easily pop around for a cup of tea)
But realistically... proximity in New York means nothing.
So...
I decided to dig a little deeper.
I discovered that John Petry is on the Board of a company called "Success Academy", which is a New York City Charter School Network. (Part of the "Billionaire's Boys Club" which is described as a crew of hedge fund managers and philanthropists who are the angels behind private management charters)
- Reference: <https://preaprez.wordpress.com/tag/education-reform-now/>
John Petry got on the board by being one of these early Angel Investors in the Carter School. And give a guess who's name is right there along side his?
Yup...
Mr Kenny "Give me my Tendies" Griffin was also an Angel Investor of $10 million in this charter school.
Reference: <https://www.philanthropyroundtable.org/philanthropy-magazine/article/the-school-success-sequence>
These guys even play Poker together!
Reference: <https://www.cdcgamingreports.com/scene-last-night-einhorn-hellmuth-sabat-cornwell-weinstein/>
So let's Dig a little deeper...
Reference my Previous Post about Junk Bonds that I couldn't really piece together: <https://www.reddit.com/r/Superstonk/comments/nyt6l8/wrinkle_brains_needed_citadel_loading_up_on_high/>
And a better write up from commenter [u/Get-It-Got](https://www.reddit.com/u/Get-It-Got/) here:
<https://www.reddit.com/r/Superstonk/comments/ns7k6q/could_gamestops_liftoff_unravel_corporate_junk/?utm_source=share&utm_medium=web2x&context=3>
So when I was reading up on our new friend (And Kenny's old friend), John Petry, something that stud out to me was this:
*" Petry's Gotham Capital LLC, founded in 1985 with $7 million from junk-bond king Michael Milken "*
Junk Bonds again...
And who was this Junk Bond King, Michael Milken... and how is he connected to all this...
AND OF COURSE... IT'S THIS GUY:
Milken and Griffin Conversation 1:
<https://www.youtube.com/watch?v=vFeKmMBky40>
Milken and Griffin Conversation 2:
<https://www.youtube.com/watch?v=2iDDDRfZ0I0&ab_channel=CitadelCitadel>
Kenny Talking at the Milken Institute again
<https://www.youtube.com/watch?v=4IDyyq5Hh2k&ab_channel=MilkenInstituteMilkenInstitute>
And I'm sure there's a bunch more out there...
So who the fuck is Michael Milken?
[![r/Superstonk - IS THIS THE FINAL BOSS? John Petry and Ken Griffin Billionaires Boys Club - And the Puppet Master behind it all???](https://preview.redd.it/nxqeipdhx7571.png?width=220&format=png&auto=webp&s=57747b773d9ddad4538ffd495201ec970f3f4d96)](https://preview.redd.it/nxqeipdhx7571.png?width=220&format=png&auto=webp&s=57747b773d9ddad4538ffd495201ec970f3f4d96)
Michael Robert Milken (born July 4, 1946) is an American formerly convicted felon, financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds ("junk bonds"),[3] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.[4] Since his release from prison, he has also become known for his charitable giving.[5][6] Milken was pardoned by President Donald Trump on February 18, 2020.
Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. As the result of a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million, and permanently barred from the securities industry by the Securities and Exchange Commission. His sentence was later reduced to two years for cooperating with testimony against his former colleagues and for good behavior.[7] Since his release from prison, Milken has funded medical research.[8]
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So the guy who INVENTED the Junk Bond market, gets banned from ever trading again... and then all of a sudden becomes best buddies with Kenny G... who trades extensively in Junk Bonds?
And... the same guy funds the company prior to John Petry's current Fund, and the current fund decides to Yolo into GME shorts AFTER Jan mini squeeze.
And just in case you are thinking this guy would be too afraid to break a lifetime ban?
*In February 2013, the SEC announced that they were investigating whether Milken violated his lifetime ban from the securities industry. The investigation revolved around Milken allegedly providing investment advice through Guggenheim Partners.[42]*
*Since 2011, the SEC has been investigating Guggenheim's relationship with Milken.[43]*
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These guys are all fucking connected!
But of Course... this is just my opinion and I can't prove anything... nor am I a financial advisor.
Edit 1: Sessa Puts Source
Sorry Apes, I don't trade options so my terminology was off. It's 1.8 million shares of GME Puts valued at $351 million. Not 1.8 million puts
Source: <https://whalewisdom.com/filer/sessa-capital-im-lp#tabholdings_tab_link>
Edit 2: Part 2 is on the way...
EDIT 3: Part 2: <https://www.reddit.com/r/Superstonk/comments/nzrtsq/billionaires_boys_club_part_2_the_inner_circle/>
Edit 4: BBC Part 3: <https://www.reddit.com/r/Superstonk/comments/nzxjra/billionaires_boys_club_part_3_the_big_boys_i_just/>
BIG FUCKING EDIT: ALL MARKET VALUES ARE AS PER 31ST MARCH 13F FILING DATES

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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: <https://twitter.com/BadassTrader69> )
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.
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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/)
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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"
<https://www.institutionalinvestor.com/article/b150y1tj6mwz2w/citadels-curiously-passive-stake-in-tivo>
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: <https://www.wsj.com/articles/female-hedge-fund-veteran-has-contemplated-a-comeback-11559122201>
I don't subscribe to WSJ, so only reading the headline... LMFAO
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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
<https://milkeninstitute.org/article/2010-milken-institute-global-conference-brings-world-leaders-los-angeles-foster-ideas>
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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
<https://www.forbes.com/sites/briansolomon/2012/02/01/billionaires-private-equity-ceos-give-big-to-romney-super-pac/?sh=5a6b52443568>
And more form the Apollo leadership team heading out to hang out with Milken and Kenny in 2015: <https://www.cnbc.com/2015/04/24/milken-time-wall-street-jets-west-for-davos-with-palm-trees.html>
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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: <https://whalewisdom.com/filer/oca-ventures-llc>)
But they are out of Chicago and both Kenny and Peter made it to the Chicago 100 list:
<http://tullman.blogspot.com/2014/06/who-made-list-techweek-chicago-reveals.html>
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: <https://newsfortomorrow.com/index.php/2019/12/22/hedge-funds-have-never-been-this-bullish-on-verb-technology-company-inc-verb/>
And here... Millenium, Citadel and Ionic all mentioned in a poorly timed position in LATAM Airlines
<https://www.insidermonkey.com/blog/these-hedge-funds-couldnt-pick-a-worse-time-to-buy-latam-airlines-group-ltm-823467/>
Another unusual trade in NASDAQ:AVCT mentioning Citadel, Ionic and Millenium...
<https://www.insidermonkey.com/blog/these-hedge-funds-couldnt-pick-a-worse-time-to-buy-latam-airlines-group-ltm-823467/>
Another unusual trade for NASDAQ:GSMG mentioning Citadel, Ionic and Millenium...
<https://topnasdaq.com/is-gsmg-a-good-stock-to-buy-now/>
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:
<https://twitter.com/PaulAllenTweet>
EDIT: Part 3 on the way... Let's get a little more solid in the connections this time.
EDIT: Part 3: <https://www.reddit.com/r/Superstonk/comments/nzxjra/billionaires_boys_club_part_3_the_big_boys_i_just/>
BIG FUCKING EDIT: ALL MARKET VALUES ARE AS PER 31ST MARCH 13F FILING DATES

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Billionaire's Boys Club Part 3 - THE BIG BOYS - (I just realised... Billionaires Boys Club... BBC)
==================================================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nzxjra/billionaires_boys_club_part_3_the_big_boys_i_just/) |
---
[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)
Ok... time to get serious.
Who's getting heavy into Short Positions besides Citadel?
(Shameless PLUG: Follow me on Twtter for more GME fun: <https://twitter.com/BadassTrader69> )
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/)
WHO'S ALL IN?
RC Ventures LLC - Good to know the boss is all in! - 9,001,000 Shares - Valued at $159 mil 12.87% Ownership
Hestia Capital Partners LP - This is an interesting little company. 4,726,606 Shares - Valued $89 million - 6.75% ownership
Founded and run by Kurt Wolf, who was a previous Gamestop Board Member.
His Focus on Deep Value Investing:
The firm focuses on identifying misunderstood companies that are typically generating significant free cash flow. Through intense research, focused on understanding the competitive dynamics of the industry and their impact on the company's prospects, we believe we are able to successfully pick those companies which are simply misunderstood versus truly broken.
Love it!
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We already spoke about the Sessa YOLO, but not to worry... we'll circle back on these puppets.
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Another big mover...
Prelude Capital Management 1.2 million shares of GME PUTS valued at $242 million representing 6% of their portfolio and their 3rd largest position.
Co-Founded by [Gavin Saitowitz](https://www.linkedin.com/in/gavin-saitowitz-298289/) and [Cisco Del Valle](https://www.linkedin.com/in/ciscojdelvalle/)
[![r/Superstonk - Billionaire's Boys Club Part 3 - THE BIG BOYS - (I just realised... Billionaires Boys Club... BBC)](https://preview.redd.it/9dya73jada571.png?width=200&format=png&auto=webp&s=afc114419970fc96f18d14900e095f46111c30fc)](https://preview.redd.it/9dya73jada571.png?width=200&format=png&auto=webp&s=afc114419970fc96f18d14900e095f46111c30fc)
Gavin
[![r/Superstonk - Billionaire's Boys Club Part 3 - THE BIG BOYS - (I just realised... Billionaires Boys Club... BBC)](https://preview.redd.it/i7la1cicda571.png?width=200&format=png&auto=webp&s=faabce23b7ab45c2b6361d139d82925ec88be7ea)](https://preview.redd.it/i7la1cicda571.png?width=200&format=png&auto=webp&s=faabce23b7ab45c2b6361d139d82925ec88be7ea)
Cisco
So these guys have owned GME previously, but since their last 13F, have increased that position by 1,264,700 shares of PUTS.
Meaning... that's more than a 10,000% increase in their position.
Remember my first DD that started me down this rabbit hole?
[(Check it out here if not)](https://www.reddit.com/r/Superstonk/comments/nyt6l8/wrinkle_brains_needed_citadel_loading_up_on_high/)
But that was focused on the junk bonds and particularly $HYG
Well give a guess who else is HEAVY on $HYG PUTS?
Yup... Our boys at Prelude.
Reference: <https://whalewisdom.com/filer/springbok-capital-management-llc#tabholdings_tab_link>
They own 531,000 shares of PUTS in this junk bond worth $46 million and making up 1.19% of their portfolio after increasing their position by 151%.
ADDITIONALLY...
They own 450,865 shares of the stock itself.
Now you may think this is just a hedge, but they added 419,906 of these shares since their last filing. (An increase of 1,356%)
So what's interesting about this???
Well the top position in these guys portfolio is SPY (PUTS) - 863,100 shares valued at $342,072,000
And... in at 7th position they have QQQ (PUT) at 173,100 shares valued at $55.5 million
So they're betting that the market is going to crash and they are jumping into GME and HYG Puts.
(Funnily enough, Citdel's largest position is also SPY (PUTS) at 6.2% of their portfolio with 63.8million shares valued at $25 Billion)
Both Companies have hedged against this, but both companies are betting the market is going down and are jumping to bonds.
So we all know Citadel's relationship with GME, but why if this company knows EVERYTHING that Citadel seems to know, would they increase their PUTS on GME by 10,000%? UNLESS... they are helping?
------------------------------------------------------------------------------------------------------------------------------------------------
And this HYG seems to be the lifeboat Apes. Look at the increase of the BIG BOYS jumping on HYG PUTS:
[![r/Superstonk - Billionaire's Boys Club Part 3 - THE BIG BOYS - (I just realised... Billionaires Boys Club... BBC)](https://preview.redd.it/qwsqqd21ga571.png?width=1721&format=png&auto=webp&s=5e00c355a48f96e2c6ef4ae1e8f16779b3686926)](https://preview.redd.it/qwsqqd21ga571.png?width=1721&format=png&auto=webp&s=5e00c355a48f96e2c6ef4ae1e8f16779b3686926)
(See Taconic in there right at the end too?)
Jane Street has HYG in their top 10 after increasing the PUTS by 150%!
(Interestingly Jane Street are decreasing their SPY PUTS and Increasing their SPY CALLS)
- But lets get back on topic.
-------------------------------------------------------------------------------------------------------------------------------
Who else is jumping on the HYG Bandwagon?
How about Ares Management? A Brand New Position with 2 million shares valued at $174 million and their 4th largest position?
Ref: <https://whalewisdom.com/filer/ares-management-llc#tabholdings_tab_link>
How about Jefferies Group? 1,342,700 HYG (PUTS) valued at $117 million and their 13th largest position. (They also have their top position in SPY(PUTS) - 2,435,608 million shares valued at $965 million. And QQQ(PUT) at 2.3 million shares valued at $759 million.
Ref: <https://whalewisdom.com/filer/jefferies-group-inc-de#tabholdings_tab_link>
How about GoldenTree Assets? Buying the underlying stock this time, and actually decreasing it's position but still at 1,150,000 shares valued at $100 million and their 6th largest position. (You may remember these guys from Billionaires Boys Club Part 2, who also have a large PUT position in AMC)
Ref: <https://whalewisdom.com/filer/goldentree-asset-management-lp#tabholdings_tab_link>
How about Blackstone Group? Brand new position opened up (Late to the party) HYG (PUT) 100,000 shares at $8.7 million value. These guys also have SPY (PUT) at 9,084,800 valued at $3.8 Billion as their 4th largest position. +QQQ Puts at $2.1 Billion at 5th position
Ref: <https://whalewisdom.com/filer/blackstone-group-l-p#tabholdings_tab_link>
All of these companies seem to be making SIMILAR moves. Not identical by any means, and I'm sure there are lots of differences.
But the moves also similar to Citadels Moves.
I mean FFS... They are ALL saying the market is about to CRASH! Including Citadel!
And are we READY FOR THE BOMB DROP?
What do all of these companies have in Common?
They are ALL run by Drexel Burnham Lambert Alumni!!
Yup... He's at the center of it again!
Reference: <https://www.cnbc.com/2015/02/13/where-are-they-now-the-drexel-alumni-25-years-later.html>
[![r/Superstonk - Billionaire's Boys Club Part 3 - THE BIG BOYS - (I just realised... Billionaires Boys Club... BBC)](https://preview.redd.it/hmu5jjnhta571.png?width=1080&format=png&auto=webp&s=e0ca2e7d8d5dc97dd4a4e12758ad79725a67f065)](https://preview.redd.it/hmu5jjnhta571.png?width=1080&format=png&auto=webp&s=e0ca2e7d8d5dc97dd4a4e12758ad79725a67f065)
I'm not done yet... Just done for today
BBC Volume 4 will be out tomorrow if you guys are still interested in this shit?
BIG FUCKING EDIT: The Source Date for RC Ventures is Jan 10th and Hestia Capital for 12th June 2020. ALL OTHER MARKET VALUES ARE AS OF 31ST MARCH...
Part 4: <https://www.reddit.com/r/Superstonk/comments/o0isaz/billionaire_boys_club_bbc_part_4_recess_is_over/>

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Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?
========================================================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/o0isaz/billionaire_boys_club_bbc_part_4_recess_is_over/) |
---
[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)
(THIS IS GME RELATED)
(Shameless PLUG: Follow me on Twtter for more GME fun: <https://twitter.com/BadassTrader69> )
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/)
DISCLAIMER: I had to dig deep on this one Apes. Some of the information in this Volume of BBC comes through unverified sources. I have used source links where possible, but the sources referenced may have their own Agenda in what they are saying that I can't account for. In saying that... They are mainly referenced to detail my journey, which leads to verified credible sources.
ALSO... I am not actually going to claim that anyone did anything, merely just connect some dots and let you form your own opinion.
ALSO... This is not financial advice, I am not financially qualified, and full disclosure I am a $GME shareholder.
ALSO... this post is an introductory post to BBC part 5. I'm working on more connections to $GME, and this is part of that.
Now that that's out of the way...
Let's dive in. Shits getting Dark Apes. (But no surprises there)
So we all know that Billionaires love to count themselves as Philatropists right?
This is the ONE thing, nearly all of them have in common.
So since I was looking for connections between all these guys for the BBC, I decided to look at what they all had in common.
---------------------------------------------------------------------------------------------------------------------------------------
I'm not American, so I am not up to date on the School System, but as I'm sure many of you are, I'm guessing you know a little about Charter Schools?
But again... I'll try to stay out of Pol itics, though a lot of this will hover around the subject.
So on looking into these Billionaires and their Philanthropy... I discovered that ALOT of them were keenly interested in Charter Schools.
(Don't worry, I will look at the other stuff, but up first is Education)
ANYWAY...
I started down my path for curiosity to see if I could uncover why the Super Rich are so interested in these schools and "Reforming" education.
I'm sure many of you see this as a worthy endeavor. The school system needs reform as it's severely underfunded right?
Let's start with WHY
My first stop into this DARK CAVE was a little Infographic I found on Facebook... Claiming that the High Cost of Oaklands Charter Schools were financially impacting the Public School sector by $57 million net loss...
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/xf9dzfzj6g571.png?width=1668&format=png&auto=webp&s=ca106768b8448950cf274299aca84de1b89d574f)](https://preview.redd.it/xf9dzfzj6g571.png?width=1668&format=png&auto=webp&s=ca106768b8448950cf274299aca84de1b89d574f)
Source: <https://www.facebook.com/OaklandEA/photos/a.10150107486279627/10156853628859627/?type=3&theater>
Bu this could be explained away and my source can not be verified. So I carried on searching.
NEXT UP
I come across an article discussing Why Billionaires Love Charter Schools
This article goes into detail about the 2 main reasons Billionaires love charters...
TINFOIL HAT TIME
Investing in these schools allows them to 1. Avoid Taxes and 2. Disrupt Unions.
Yup... Anti-Union Conspiracy theory. Maybe it makes sense? I don't know to be honest. (I'll let you make up your own mind)
But Avoiding Taxes...
Now that's a language I can see the Hedgies speaking.
Source: <https://eastbaymajority.com/why-billionaires-love-charter-schools/>
--------------------------------------------------------------------------------------------------------------------
So I continue down further into the Cave...
It's getting Dark now, and my light is Dim.
I find more and more of these types of articles, hypothesizing different reasons behind the love for Charter Schools...
Some of it may have merit... Some of it may be fluff... I'm not expert.
But I continue to follow the MONEY breadcrumbs.
Before I go there though...
I just wanted to reintroduce our Friend "Milky" Milken
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/yeb9uf078g571.png?width=660&format=png&auto=webp&s=aa4029d7e1c920593ffa63a0e1920976d3e7d5b5)](https://preview.redd.it/yeb9uf078g571.png?width=660&format=png&auto=webp&s=aa4029d7e1c920593ffa63a0e1920976d3e7d5b5)
And another SUPERSTONK favorite...
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/sqr9lqji8g571.png?width=800&format=png&auto=webp&s=ef764218506532a1dc0f42a2748c3700fd3d4e2c)](https://preview.redd.it/sqr9lqji8g571.png?width=800&format=png&auto=webp&s=ef764218506532a1dc0f42a2748c3700fd3d4e2c)
Yep... Mr Bill gates... NOW... DISCLAIMER... I'm a nerd and love computers and have looked up to old Billy since I was a kid. I honestly respect him until proven otherwise.
But he does come into play here.
I was looking into WHO actually invests in these Charter Schools and I came across this article...
GOT DOUGH? HOW BILLIONAIRES RULE OUR SCHOOLS.
Now this article is in a pretty reputable Magazine, with high domain authority, readership and traffic.
(BUT AGAIN... I have not verified this magazines Agenda)
The article details the ongoing campaigns of Billionaires to pump 100s of millions into these schools.
The 3 BIGGEST of these are:
- The Bill and Linda Gates Foundation
- The Broad Foundation
- The Walton Family Foundation
We will get into this in more detail shortly... BUT... BOMB DROP TIME...
*(A bigger bomb is coming)*
Give a guess who else was listed in this article?
FUCKING MILKEN... They didn't even call him by his full name and listed him in a bunch of other names... so much so that if you were skimming the article and not paying attention... you would have missed it.
*"And they fund the same vehicles to achieve their goals: charter schools, high-stakes standardized testing for students, merit pay for teachers whose students improve their test scores, firing teachers and closing schools when scores don't rise adequately, and longitudinal data collection on the performance of every student and teacher. Other foundations---Ford, Hewlett, Annenberg,* *Milken**, to name just a few---often join in funding one project or another"*
So DOT CONNECTED... we now have a common interest between Milken and Gates.
(The common Interest between Gates and Kenny... is ALOT more substantial)
SOURCE: <https://www.dissentmagazine.org/article/got-dough-how-billionaires-rule-our-schools>
-----------------------------------------------------------------------------------------------------------------------
NOW... LET'S GET INTO HOW INTERESTED THESE GUYS ARE IN CHARTERS
Milken:
Damming Article about Milken and FOR PROFIT Cyber schools from 2013:
<https://www.prwatch.org/news/2013/10/12257/junk-bonds-junk-schools-cyber-schools-fleece-taxpayers-phantom-students-and-faili>
(Early Days, before they worked out the kinks)
Article in Bloomberg (Which I refuse to pay for) stating:
*The children attend Agora Cyber Charter School, managed by K12 (LRN), the largest U.S. operator of taxpayer-funded online schools and part-owned by billionaire Michael Milken.*
And goes to say:
*If it were a school district, it would be one of the largest in America. K12 expects to generate $500 million in revenue this year---it earned a $21.5 million profit last year---and its stock has doubled in value since the company went public in December 2007. The financial success of K12 has shown that Milken---the 1980s junk-bond king, convicted felon (securities fraud), and health-care philanthropist---has figured out how to profit from public schools.*
Hang on 1 second now!
This article is saying that Michael Milken, the 1980's junk-bond king, convicted felon (securities fraud), and health-care philanthropist... HAS FIGURED OUT A WAY TO PROFIT FROM TAX-FUNDED PUBLIC SCHOOLS?
...fuck me...
Again, I'll let you make your own determination on this... but this seems to tie back into all the Tin Foil hat articles I've been reading today...
FUCKIGN SOURCE:
<https://www.bloomberg.com/news/articles/2011-06-02/education-according-to-mike-milken>
------------------------------------------------------------------------------------------------------------------------------------
So let's fucking continue shall we?
In 2006... Kenny and the Bill and Melinda Gates Foundation opened a new charter school in Chicago called Woodlawn High
FUCKING SOURCE: <https://foundationguide.org/philanthropist/kenneth-cordele-griffin/>
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/qyc8wrdrcg571.png?width=1024&format=png&auto=webp&s=fa966c1ea2389a6e9dcea2734e7ff05d6401d166)](https://preview.redd.it/qyc8wrdrcg571.png?width=1024&format=png&auto=webp&s=fa966c1ea2389a6e9dcea2734e7ff05d6401d166)
Gates Foundation Invests $10 Million in Charter School for Students with Disabilities:
Fucking Source: <https://philanthropynewsdigest.org/news/gates-invests-10-million-in-charters-for-students-with-disabilities>
Kenny and Bill and Melinda Gates Foundation Invest $6 million in Saga Education. (A school that doesn't say they are a Charter School, but who's Board is Filled with Charter School Alumni)
Article Source: <https://www.citadel.com/news/ken-griffin-and-the-bill-and-melinda-gates-foundation-scale-tutoring-program-to-address-persistent-opportunity-gaps-in-major-urban-districts/>
Board Source: <https://www.sagaeducation.org/our-board>
(More than those on this list that associated themselves with Charter schools, actually have a background in Charter Schools)
Gates Foundation Invests a further $22 million into New York and California Charter Schools
Fucking Source: <https://www.gatesfoundation.org/ideas/media-center/press-releases/2003/06/investing-in-highquality-charter-schools>
Gates Foundation Invests $5.7 Million into Charter Schools in Los Angeles
FUCKING SOURCE: <https://www.gatesfoundation.org/ideas/media-center/press-releases/2003/05/aspire-public-schools-receives-grant>
Kenny GIFTS $10 million to charter schools in New York
FUCKING SOURCE <https://www.successacademies.org/press-releases/kenneth-c-griffin-charitable-fund-donates-10m-to-expand-success-academy-middle-schools-across-new-york-city/>
--------------------------------------------------------------------------------------------------------------------------
I think you get the Point Apes Right?
This is NOT an exhaustive list. They are ALL at it. THE LIST GOES ON.
And RIGHT NOW... I am only looking at education.
Not AMIND the fucking donations to political parties (On both sides) that support charter schools.
So WHY are they doing it?
Is it to crush the Unions?
Is it to avoid taxes?
Is it Politics related?
Is it OUT OF THE GOODWILL OF THEIR HEARTS???
Is it a combination of everything?
---------------------------------------------------------------------------------------------------------------------------
At this point in my journey down this dark, never-ending cave of Doom and Eternity!!!
I think back to our friend... MIKEY "MILKY" MILKEN
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/jnooagsygg571.png?width=695&format=png&auto=webp&s=07845b9c4a74d2aa726667557612213a03996135)](https://preview.redd.it/jnooagsygg571.png?width=695&format=png&auto=webp&s=07845b9c4a74d2aa726667557612213a03996135)
(Image added, because I know you guys love them)
Didn't that 1 article say he FOUND A WAY TO PROFIT FROM PUBLIC SCHOOLS????
(ARE YOU READY FOR THAT BOMB I PROMISED?)
I started digging...
That's when I came across an article in Forbes on THIS VERY TOPIC...
An article with Credible sources, an actual research paper... and what MAY BE THE TRUTH.
(Up to you to decide)
IT IS POSSIBLE TO PROFIT, EVEN FROM A NON-PROFIT, CHARTER SCHOOL
Of course it fucking is...
The rich know how to get richer. That's a language they speak.
And it's even better, when the methods grant you perks, like Tax Haven's and public perception.
WONDERING HOW BILLIONAIRES MAKE MONEY FROM CHARTER SCHOOLS?
This research on [Colorado.edu](https://colorado.edu/), highlights 4 major concerns.
1. A substantial share of public expenditure intended for the delivery of direct educational services to children is being extracted inadvertently or intentionally for personal or business financial gain, creating substantial inefficiencies;
2. Public assets are being unnecessarily transferred to private hands, at public expense, risking the future provision of "public" education;
3. Charter school operators are growing highly endogenous, self-serving private entities built on funds derived from lucrative management fees and rent extraction which further compromise the future provision of "public" education; and
4. Current disclosure requirements make it unlikely that any related legal violations, ethical concerns, or merely bad policies and practices are not realized until clever investigative reporting, whistleblowers or litigation brings them to light. 
SOURCE: <https://nepc.colorado.edu/publication/charter-revenue>
-- I haven't gone through it all, as it's 56 pages long and I have other fish to fry, but it seems legit. IMO.
The Forbes article is a great read and I recommend everyone do so:
<https://www.forbes.com/sites/petergreene/2018/08/13/how-to-profit-from-your-non-profit-charter-school/?sh=6f7583ac3354>
The sources on here are great rabbit holes too.
The main methods listed here to profit from these schools are Real Estate and Management Companies.
Furthering this is an article in the WALL STREET JOURNAL about Real Estate Businesses investing HEAVILY in Charter schools.
If there were no financial benefits... how would this make sense?
SOURCE: <https://www.wsj.com/articles/charter-school-movement-growsfor-real-estate-investors-1444750383>
And...
Here's another article in the Pittsburgh Post-Gazette talking about how Charter Schools are pulling money from the Public School System and being paid to Charter School Landlords
<https://www.post-gazette.com/news/education/2016/08/03/Charter-school-payments-draw-scrutiny-from-Pennsylvania-auditor-general-Eugene-DePasquale/stories/201608030189>
--------------------------------------------------------------------------------------------------------------------------------
Apes there's tons of this...
SEAS of information about the top 1% pumping money into Charters
This is just the TIP OF THE ICE-BERG
But back to the main focus of this post.
This is further evidence of the Billionaires Boys Club...
What you believe in turns of the reason for this, is completely up to you...
But it is Public Information about how much focus these schools are getting from people at that top and they are all connected in some shape or form...
-------------------------------------------------------------------------------------------------------------------------
If they all collaborate on Philantrapy this much when it's theoretically legal... how close are they communicating about things they are NOT ALLOWED TO?
DISCLAIMER:
Again... this post is just about me researching the reasons behind certain questions and documenting the public information available to me on these topics.
No claims are made against anyone referred to in this article and anyone passing judgment on this is doing so of their own opinion.
-------------------------------------------------------------------------------------------------------------------------
STAY TUNED FOR BILLIONAIRE'S BOYS CLUB PART 5
It's not over...
(Shameless PLUG: Follow me on Twtter for more GME fun: <https://twitter.com/BadassTrader69> )
LET ME KNOW WHAT YOU THINK OF THIS SERIES - YOUR FEEDBACK GOES ALONG WAY!
EDIT 1: Hmmm....
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/yhkv20gfoh571.png?width=987&format=png&auto=webp&s=e401a06028e9d7170e644f5472f5eea0fdaa4ff9)](https://preview.redd.it/yhkv20gfoh571.png?width=987&format=png&auto=webp&s=e401a06028e9d7170e644f5472f5eea0fdaa4ff9)
[![r/Superstonk - Billionaire Boys Club (BBC) Part 4 - Recess is over... You didn't think BILL GATES was involved did you?](https://preview.redd.it/bi9g3zqhoh571.png?width=600&format=png&auto=webp&s=58d1f4c8b170bf4958b63e1a4b17b9e265b55823)](https://preview.redd.it/bi9g3zqhoh571.png?width=600&format=png&auto=webp&s=58d1f4c8b170bf4958b63e1a4b17b9e265b55823)

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Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!
=============================================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/o16cbm/billionaires_boys_club_part_5_the_foundational/) |
---
[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)
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/)
(THIS IS GME RELATED)
(Shameless PLUG: Follow me on Twitter for more GME fun: <https://twitter.com/BadassTrader69> )
------------------------------------------------------------------------------------------------------------------------------------------------
Ok Apes... Last time we spoke, we talked about Charter Schools and questioned the reason why SO MANY Billionaires we're interested in investing in them.
I'll let you make your own interpretations: [PART 4](https://www.reddit.com/r/Superstonk/comments/o0isaz/billionaire_boys_club_bbc_part_4_recess_is_over/)
This time... we are going to talk about the OTHER thing that Billionaires all love to pump money into...
FOUNDATIONS
Now... don't get me wrong here. I'm sure there are lots of foundations out there that do a lot of good. This is merely an examination of the FUNCTIONALITY of these foundations and why they potentially get so much attention from the super-rich.
Let's start with one we all know...
[![r/Superstonk - Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!](https://preview.redd.it/4gktjg5nvm571.png?width=976&format=png&auto=webp&s=533ec0528af455a3b5eeeeb05a7866d1cf365efe)](https://preview.redd.it/4gktjg5nvm571.png?width=976&format=png&auto=webp&s=533ec0528af455a3b5eeeeb05a7866d1cf365efe)
The Bill and Linda Gates Foundation
Now... maybe you already know this, maybe you don't... but Non-Profit Foundations get significant tax breaks from the government... but they still need to report to the IRS through what's called a FORM 990.
So I decided to look at The Bill and Linda Gates Foundations FORM 990.
Specifically, their last filled one which was sent in 2020, for year 2019.
So let's take a look-see...
The Gates Foundation:
Received $3.3 BILLION in Contributions (Makes sense so far)
Earned $826 million from Dividends and Interest from Securities (Wait WHAT?)
The Gates foundation is trading securities?
Am I the only person who didn't know this?
Gross Sales of all assets of $260 BILLION
Net Profit from Sales of Assets of $2 Billion
Capital Gains Net Income $6 Billion
Net Revenue $6.4 Billion
Net Investment Income $7 Billion
And then what are their expense?
THE BIGGEST ONE...
Total contributions paid: $5.8 Billion
Meaning...
Their NET INCOME was just $320 million
But their NET INVESTMENT income is $6.9 BILLION?
So they take money in... invest it... pay it back out... but keep the investment profits?
+ They don't have to pay capital gains tax as it's a charitable foundation.
+ Total Tax Paid on their investment side was $25.6 Million of $7 Billion in Profits!!
+ That's a 0.3% tax rate!
But this COULD be just speculating on high-level numbers right?
NAH...
------------------------------------------------------------------------------------------------------------------
They actually break it down for us...
- Investments in Government Obligations: $8.9 BILLION
- Investment in Corporate Stocks: $33.5 BILLION
- Investment "Other" (WTF?): $5.8 Billion
TOTAL ASSETS $50 BILLION
(That's more than Citadel has AUM)
------------------------------------------------------------------------------------------------------------------
And they ACTUALLY list this...
Net Value of NONCHARITABLE-USE ASSETS for 2019? $47.6 BILLION
So MOST of their assets are not actually for Charitable use???
Fuck me...
------------------------------------------------------------------------------------------------------------------
How much investment has gone into the Gates Foundation?
- Mr William H Gates? Management Fees $64 million
- Mr William H Gates? Securities $452 million
- Mr William H Gates? $55 Million
- Mr William H Gates and Melinda French Gates? $10.8 million
- Mr Warren Buffett? $2.7 BILLION
Non-Cash Property Given? Class B Berkshire Hathaway Shares valued at... $2.7 BILLION
So really... Warren just put in $2.7 Billion of Shares as Assets on their books? I wonder why... ?
------------------------------------------------------------------------------------------------------------------
What CONTROLLED ENTITIES have they Contributed to?
- The Global Good Fund $100 Million
- GreenBriar Equity Fund $6 Million
(These are the only ones they are obliged to document)
Contributions from CONTROLLED ENTITIES?
- GreenBriar Equity Fund? $174 million
Hang on... lol. Did they just report that they gave GreenBriar $6 million and GreenBriar gave them back $174 million?
Nice returns.. lol
Lol... I'm not wrinkled brained enough to know what that means really... but lol.
------------------------------------------------------------------------------------------------------------------
I've taken on board the feedback that my last BBC was a little depressing... SO
Here's a puppy Break to cheer you up...
[![r/Superstonk - Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!](https://preview.redd.it/z5hxsotuym571.png?width=680&format=png&auto=webp&s=89a0ee3bf65f351ac919e09439c4d39d57524f8c)](https://preview.redd.it/z5hxsotuym571.png?width=680&format=png&auto=webp&s=89a0ee3bf65f351ac919e09439c4d39d57524f8c)
------------------------------------------------------------------------------------------------------------------
They EVEN LIST THE STOCKS that they are invested in...
(Gamestop is not one)
But look who has got $11.3 Billion? Berkshire Hathaway
(Remember Warren only invested $2.7 Billion)
Disclaimer: I fucking love the shit outta Warren Buffett
Other big numbers:
- $1.5 Billion in Canadian Natl Railway
- $1.6 Billion in Caterpillar
- $1.3 Billion in Walmart
- $2.2 Billion in Waste Management Inc
What do these stocks have in Common? They are NOT Berkshire Hathaway stocks... because that would be WAY to obvious. But LOOK like they are nice safe, solid, FUNDAMENTALLY sound positions. I'll say no more.
They list their Corporate Bonds too, but nothing stood out to me. Feel free to take a comb through
------------------------------------------------------------------------------------------------------------------
INVESTMENTS OTHER
This is an interesting little section in the Form 990.
They actually break down their other investments, which if you remember was listed as a total of $5.8 billion.
Some wrinkle brains should def go through this, as I have no clue what I am looking at, but here are a few points that stood out to me:
- Citadel is listed on there as a Bank Loan, but for only $1.5 million. Breadcrumbs...
- Bridgewater Pure Alpha Lead was given $87 million listed as a partner? Interesting...
- Canada Housing Trust was given $752 million as a Foreign Government Issue
- China Government Bond and Treasuring were given $750 million, listed as Foreign Government Issues
- 100s of Millions went to different pools that I don't understand
- 700 million went into buying PHYSICAL Gold Bars -- WTF Bill? Lol
- $223 million went to GreenBriar as a partnership? (Remember GreenBriar were the ones that donated $174 million earlier)
- 100 million went to GTI 8 Institutional Investors (Whoever they are)
- $805 Million went to Mexico CETES what ever that is?
I think you get the picture right?
NOW....
------------------------------------------------------------------------------------------------------------------
There are a couple of sections in this document that for some stupid reason are printed SIDEWAYS...
(Maybe they want these to be more difficult to read?)
But I did read one of them...
This is TITLED:
Net Gain or LOSS from Sale of Assets not on Line 10
- Ok, so first up wtf with this as a title?
- Is this additional revenue that they just don't have to list at all?
- How it's required is just listed as purchased or donated
- Date Acquired is just listed as VARIOUS
- Date Sold is just listed as VARIOUS
But... remember that number I threw out right AT THE START OF THIS POST???
(Go on... check... I'll wait - See if you can figure out which number I am referring to?)
[![r/Superstonk - Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!](https://preview.redd.it/97r93dt30n571.png?width=450&format=png&auto=webp&s=1041de8497a9914909bcc23a24921c0f13c43358)](https://preview.redd.it/97r93dt30n571.png?width=450&format=png&auto=webp&s=1041de8497a9914909bcc23a24921c0f13c43358)
I said...
Listed as having GROSS SALES OF GROSS SALES PRICE OF ALL ASSETS?
That number was $260 BILLION...
Take that in for a second...
The total AUM of Citadel is $35 Billion
$260 Billion is 7 times that size!!
(I did the math)
Well that $260 BILLION is also listed on one of these SIDEWAYS PAGES that they don't want us to read... under Net Gain from Sale of Assets Not on Line 10???
They even break this down for us! (On a SIDEWAYS PAGE of course)
The big numbers... (The ones in the billions) are:
- $11 Billion in Equities
- $87 Billion in Fixed Income (How is this amount a fixed income)
- $162 Billion in Cash Equivalents
WHAT THE ACTUAL FUCK?
AND THAT"S THE END OF THE REPORT!
SOURCE: <https://apps.irs.gov/pub/epostcard/cor/911663695_201912_990PF_2021021717709925.pdf>
-------------------------------------------------------------------------------------------------------------------------
So it's safe to say... that JUST LIKE THE CHARTER SCHOOLS, these foundations are all REALLY in the business of making money right? - Just MY OPINION of course...
But let's check if the pattern holds true...
I tried looking up different foundations... and lot's of the WELL KNOWN foundations, I couldn't find ANY Form 990s on.
(Sometimes these foundations are known by one name, but listed as a different name)
But here's the ones that I have and show a similar pattern:
Example: The Lynn & Stacy Schusterman Foundation is ACTUALLY listed as Charles and Lynn Schusterman Family Foundation
(Charles is the Father, who was an oil Tycoon)
- Donations: $5.7 million
- Dividends and Interest: $34 million (They invest both directly in companies and through Stocks)
- Net Gain from Sale of Assets: $151 million
- Total Revenue $207 million
- Net Investment Income $197 million
- Total Assets: $2.2 BILLION
Reference: <https://apps.irs.gov/pub/epostcard/cor/731312965_201912_990PF_2021021317706329.pdf>
-- IMPORTANTLY HERE... this example lists their PAYEES. Alot of which are foundations themselves.
Want MORE examples?
Charles Koch - Koch Industries
The Charles Koch Foundation (Christ, they all name them the same)
- Donations: $128 Million
- Dividends $15 million
- Revenue $168 Million
- Investment Income $39 million
- "Other" Investments Balance $617 million
- Total Assets: $685 million
- What are the "Other" investment?
- Elliot International Fund $50 mil
- EFPRP (What ever the fuck this is) $535 million
- BAIH (What ever the fuck this is) $60 million
Source: <https://apps.irs.gov/pub/epostcard/cor/480918408_201812_990PF_2020012117047703.pdf>
I'm not going to go through ALL of these foundations, because 1... they are hard to track down due to naming variations... 2... My Head hurts from reading this shit and being shocked.
But I think it's safe to say that it most CERTAINLY is possible that other foundations are doing similar right?
So let me get this straight...
-------------------------------------------------------------------------------------------------------------------------------
Rich People, Create Foundations to avoid tax, take in donations, Invest the donations, make profit from the investments, and then donate the incoming donations out to Charter Schools (Which Make them profit), Political Campaigns (Which Gain them influence) or other Foundations (Which likely do the same kind of shit)... and maybe help some people along the way too for some good PR?
-----------------------------------------------------------------------------------------------------------------------------------
Is this the world we're living in?
Who else has a foundation?
-----------------------------------------------------------------------------------------------------------------------------------
But first... PUPPY BREAK!
Aww... look it that little cute smile on him!
[![r/Superstonk - Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!](https://preview.redd.it/7rqeiuu72n571.png?width=1200&format=png&auto=webp&s=4621ba0224be8b3ecc6dd8737085f72668533612)](https://preview.redd.it/7rqeiuu72n571.png?width=1200&format=png&auto=webp&s=4621ba0224be8b3ecc6dd8737085f72668533612)
-----------------------------------------------------------------------------------------------------------------------------------
Kenneth C. Griffin Charitable Fund - Couldn't find anything on this... (I Checked all variations I could think of)
The Citadel Foundation - There is money going through here, but not being invested
Source: <https://apps.irs.gov/pub/epostcard/cor/364482467_201812_990PF_2019032916200160.pdf>
(Lots of Educational Donations though)
Michael "Milky" Milken... you can bet he's got some.
The Milken Family Foundation $100 million in assets and you can bet he's trading through here too... (Lots going through Apollo)
<https://apps.irs.gov/pub/epostcard/cor/954073646_201911_990PF_2021040817913329.pdf>
But of Course...
He's got the Milken Institute aswell...
$500 million in assets
He's trading Securities through it, with Gross sales of $37 million, and $230 million directly invested in securities,
He donates through it (Lots of Educational),
Source: <https://apps.irs.gov/pub/epostcard/cor/954240775_201912_990_2021040217865675.pdf>
The List Goes on Apes I'm Afraid...
So I'll be brief with these:
- George Soros Has the Open Society Foundations
- Charles Feeney has a foundation
- Intels Gordon Moore has a foundation
- The Broad Family has a foundation
- Renaissance Hedge Fund Manager Jim Simons has 1
- Mark Zuckerberg and Priscilla Chan have 1
- Michael & Susan Dell have 1
- Leonard & Ronald Lauder have 1
- Oil and Banking George Kaiser has 1
- Hedgie Julian Robertson (You remember him right?) has 1
- (Yup... I checked, it follows the pattern)
- Ted Turner Founder of CNN has one called the United Nations Foundation - And he's trading securities through it!
- (The UN can not raise funds itself)
The list goes on Apes...
----------------------------------------------------------------------------------------------------------------------------
AM I SAYING THAT ALL FOUNDATIONS DO THIS?
Most certainly not.
AM I SAYING THAT IT IS POSSIBLE THAT FOUNDATIONS ARE USED FOR PROFIT THROUGH INVESTING AND TRADING SECURITIES?
Most Certainly - In my opinion at least and from what I can see in these Form 990s
----------------------------------------------------------------------------------------------------------------------------
Well that's it for today Apes...
I hope this doesn't slant your view of humanity!
Remember, there are lots of beautiful things out there including this community and each one of you GLORIUS BASTARDS!
LET ME KNOW WHAT YOU THINK OF THIS SERIES AS IT REALLY HELPS KEEP ME MOTIVATED!
(Shameless PLUG: Follow me on Twtter for more GME fun: <https://twitter.com/BadassTrader69> )
STAY TUNED FOR PART 6
(There's more)
EDIT 1: Third puppy... by popular demand...
Awww... look at the little fella... give me the paw... give me the paw...
[![r/Superstonk - Billionaire's Boys Club Part 5 - The Foundational Strategy - This shit is getting SCARY Apes!](https://preview.redd.it/cz9g8k6y4n571.png?width=1080&format=png&auto=webp&s=da9e475f11fef8bf8c821081d735f34ddf47e255)](https://preview.redd.it/cz9g8k6y4n571.png?width=1080&format=png&auto=webp&s=da9e475f11fef8bf8c821081d735f34ddf47e255)

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Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...
==================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oa8ynd/billionaire_boys_club_bbc_part_6_smile_for_the/) |
---
[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)
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 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: <https://twitter.com/BadassTrader69> )
---------------------------------------------------------------------------------------------------------------------------------
Sorry for the delay with this one Apes. IRL gets in the way sometimes.
This one has been a bit of a journey too. I don't have all the answers here, so again... I leave it to you to make your own interpretations... THIS IS MERELY A DISCOVERY JOURNEY OF PUBLICALLY AVAILABLE INFORMATION.
SMILE FOR THE CAMERA KENNY
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/9x7qiqgip6871.png?width=480&format=png&auto=webp&s=adab353e26fea00253b5b2156a4237f6f30b581c)](https://preview.redd.it/9x7qiqgip6871.png?width=480&format=png&auto=webp&s=adab353e26fea00253b5b2156a4237f6f30b581c)
So today's episode of BBC is going to start out at the public-facing image they want you to look at. For Kenny and his Wife at the time, that comes in form of the Kenneth and Anne Griffin Foundation.
*(They like this format: Bill and Linda Gates Foundation)*
The headline for the Kenneth and Anne Griffin Foundation is:
The Kenneth and Anne Griffin Foundation believes that powerful ideas change the world. We identify and support pioneering leaders whose visionary ideas introduce new thinking and drive results. We focus on education, healthcare and the arts because these pursuits form the core of a vibrant, creative, and productive society.
And the Fact they have PLEDGED $100 million to charitable and philanthropic causes since 2009
This is their tagline in the media. Source: <https://philanthropynewsdigest.org/news/kenneth-and-anne-griffin-foundation-likely-to-close-due-to-divorce>
SO I DECIDED TO FACT CHECK THIS
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FIRST OFF - Let's address the fact that these numbers are all pledged!
When you hear about X Billionaire donating to X cause, from what I can tell... this is usually in the form of a pledge, not a donation. So they get the headlines for setting up a Direct Debit to these causes so to speak... 10 million, might be 1 million a year for 10 years.
SECOND OFF - Take note of the year... $100 million since 2009
I decided to WAYBACK MACHINE this shit, and found the website:
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/uz9vhqhks6871.png?width=1171&format=png&auto=webp&s=b9a3b362c07b3ac6f89e1e46a1f9436af2516835)](https://preview.redd.it/uz9vhqhks6871.png?width=1171&format=png&auto=webp&s=b9a3b362c07b3ac6f89e1e46a1f9436af2516835)
Ok... so they do claim $100 million in pledges on their website, but... they claim since 1999.
(10 years earlier than what the media reports)
SO....
The foundation officially announced it would shut down in 2014.
So if you were to go with what the website claims, the foundation ran from 1999 - 2014.
(Let's do some math)
That's 15 years!
OR... if you were to go by what the media claims or [Wikipedia](https://en.wikipedia.org/wiki/Anne_Dias-Griffin) states, the foundation ran from 2009 - 2014....
(Math pause...)
That's 5 years!
BUT... when we look at the IRS Form 990s... ([Which you can freely search here](https://apps.irs.gov/app/eos/)) it will only show the company final letters (Which you would think are a confirmation of them disbanding, but is actually their confirmation of tax-exempt status)
-- There were actually 2 of these listings for Kenneth and Anne Griffin Foundation with the same Final letters.
-- BUT... I found out this was the normal process for the IRS. They no longer make public the records for charitable organizations that have shut down...
CONVENIENT...
Luckily... after a bit of Google Detectiving, I found a website that archives at least SOME of these old tax-exempt organizations.
-----------------------------------------------------------------------------------------------------------------------------------
But before we jump into the nitty-gritty... let's take a quick pause to appreciate some puppy pics...
Aww.... who's a good little boy??? Yes! You're a good little boy!!
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/q5hwdnnvu6871.png?width=710&format=png&auto=webp&s=e54ff3804daada52a5099ab89a8a7c1f82305ef2)](https://preview.redd.it/q5hwdnnvu6871.png?width=710&format=png&auto=webp&s=e54ff3804daada52a5099ab89a8a7c1f82305ef2)
-----------------------------------------------------------------------------------------------------------------------------------
THE KENNETH AND ANNE GRIFFIN FOUNDATION - FORM 990S.
2014: <https://projects.propublica.org/nonprofits/display_990/364747915/2014_12_PF%2F36-4747915_990PF_201410>
Listed as $1.7 million donated
Listed as $0 approved for future payment
Sideways Reading - (These pages are always sideways on the IRS website for some reason...)
- $1.6 million paid to
- Breast Cancer Research Foundation: $10k
- Chicago Council on Global Affairs: $25k
- Children's Hospital of Chicago Foundation: $550k
- Robin Hood Foundation: $1 million
- Rush Mother's Milk Club: $5k
- Usher III Initiative: $50k
In this Filing... as of Oct 1, 2014 both Ken and Anne signed a statement saying that they have $650k of funds remaining in the foundation and a remaining commitment of $2 million to Lurie Children's Hospital of Chicago
Remaining funds and outside funds will pay this off.
Foundation will be liquidated and dissolved
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/15sdphznv6871.png?width=780&format=png&auto=webp&s=c31912d4644ea783d5be211774e70b43e7795165)](https://preview.redd.it/15sdphznv6871.png?width=780&format=png&auto=webp&s=c31912d4644ea783d5be211774e70b43e7795165)
(Also in here... is that final letter confirming Dissolution that should prob be on the IRS website? But maybe I'm wrong.)
2013:
$6.9 million in contributions (All Kens Contributions)
Contributions out $5.1 million
Excess of Revenue $1.7 million which carried forward
Donated to:
- Children's Hospital of Chicago: $4 million
- Rush Mothers Milk Club: $55k
- Weill Cornell Medical College: $833k
Source: <https://projects.propublica.org/nonprofits/display_990/364747915/2014_11_PF%2F36-4747915_990PF_201312>
2012:
Only $1 of revenue went through the foundation
Source: [HERE](https://projects.propublica.org/nonprofits/display_990/364747915/2013_09_PF%2F36-4747915_990PF_201212?__cf_chl_jschl_tk__=ab1a4f067f303d721fa42a6c09788125885a4ad9-1623958393-0-AR9LYX-L1mLf5n6wNVbmlG9qmV-tXRSFcShvdh3A3A-79xZVxUEavG5cvVLIaw4zDvfY3oinafTKYsVHvPsJqkF8ViQcWoGZOwm2W0IhJs3orbxvBWVsuKFsBX5j2WFSMFb2SfWki1Jq_yC8-KYyDjFYtU57H_h6A3E6AhdlNtTy5Bs0k4jSUO3VQVoDJUvv4sHzaJxJA3cJvVgsaZMYQIKIBKoykXzszvA31BQ82YosQvGvmQEav3D_YSDbiR3SbcAZg_NdCEUpAwDVzQGskuPwu-9OQgB2GuWyLXwUYsXm9ec9g0sK5f6u16nZ5cXkcyAVxlgfCuE0AdaxVpA1t2bVWcFCwZ032pGnn4VfZ5cipZSlDuDjbMgSjimkT2JyxnQA_fcNLqBFc2Ju0xnY35YF8P9ton1pcg4VCkD0xNX4titrKwbuUYFCxcSJ_vBP81SZi_eVkdQVgtSCmBTB2ikQqoxsaAwxNSSOSwXSJiHYg6cNoD5r3oiY-itD64MghWRI14x0GiSSXF6MIOzqkoqPxA9oZ2_mh28v_hs5I-GI)
-----------------------------------------------------------------------------------------------------------------------------------
Wait what???
[](https://preview.redd.it/9u1nzrib67871.gif?format=mp4&s=82122dbdbe58c9c38645cba61ae1cf2c77d5b123)
Didn't our earlier math tell us that they had somewhere 15 and 5 years depending on what source you referenced?
SO WHY THE FUCK IS THERE ONLY 2 YEARS OF FORM 990s? - 1 OF WHICH IS THE COMPANY WINDING DOWN?
And let's do a LITTLE BIT MORE MATH...
According to the foundation's Form 990 the total ACTUALLY paid out was:
2014: $1,642,788
2013: $4,888,334
So that's a total of... (Hang on let me fetch my calculator)...
$6,531,122
And let's not forget... the outstanding balance of $2 million to the Chicago Children's hospital
So...
$8,531,122
BUT... the donation to the Children's hospital ALONE was supposed to be $16 million announced in 2010 --- BY THE FOUNDATION... which hadn't even been setup yet.
So let me see...
$100 million - $8,531,122 = $91,468,878
Hey Kenny? I think we may have a problem here...
And further down the rabbit hole we go...
-----------------------------------------------------------------------------------------------------------------------------------
BUT... before we do... let's take a moment. A puppy Moment!
SMILE FOR THE CAMERA! No look over here... over here good boy... fuck it, just take it!
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/j8t64cuv77871.png?width=640&format=png&auto=webp&s=fd0953546dd8e82c5d2fd1adf171ef50e5e55c9d)](https://preview.redd.it/j8t64cuv77871.png?width=640&format=png&auto=webp&s=fd0953546dd8e82c5d2fd1adf171ef50e5e55c9d)
-----------------------------------------------------------------------------------------------------------------------------------
So after a little digging on this curiosity string, I remembered an Article stating that the foundations commitments would be taken on by the Citadel Foundation.
Source: <https://www.chicagotribune.com/business/ct-griffin-foundation-0906-biz-20140906-story.html>
So let's take a look at that...
(Yup, Citadel have their own Foundation)
But there ain't a whole load going on here...
-----------------------------------------------------------------------------------------------------------------------------------
The first Form 990 for the Citadel Foundation appears in 2016 (Bit of a gap in the records there)
This shows a mere 90k of donations in...
And a Total of $461,484 in donations out to:
- Latin School Chicago
- Council For Economic Education
- Muscular Dystrophy Association
- Marine Corps Scholarship Foundation
- Hartford Hospital
- Leadership Greater Chicago
- University of Chicago Lab Schools
- Francis W Parker School
- Merit School of Music
- Jewish United Fund
- Hedge Funds Care
- Jewish Enrichment Center
- WITS
- All Stars Helping Kids
- Thresholds Phychiatric Rehabilition Center
- St Jude Childrens Research Hospital
- Autisism Science Foundation
No mention of the Chicago Childrens Hospital
------------------------------------------------------------------------------------------------------------------------------------
THE KENNETH C. GRIFFIN CHARITABLE FUND
The story continues...
[](https://preview.redd.it/j5l3aw2kj7871.gif?format=mp4&s=76ec2c3154df3d8ca3988a17e758787bda77b342)
I found MANY references to Kenny boy making donations to various causes, under ever increasing amounts, referencing The Kenneth C. Griffing Charitable Fund.
(Here's a couple)
On Citadels OWN WEBSITE:
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/qyqf44quj7871.png?width=647&format=png&auto=webp&s=2461963eab71b087600ac06f512b9870995bfc47)](https://preview.redd.it/qyqf44quj7871.png?width=647&format=png&auto=webp&s=2461963eab71b087600ac06f512b9870995bfc47)
Source: <https://www.facebook.com/citadelcareers/photos/were-proud-to-share-that-the-kenneth-c-griffin-charitable-fund-intends-to-make-a/1333523493442956/>
On Citadels Twitter account:
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/7g7lp3xzj7871.png?width=784&format=png&auto=webp&s=a39eac3625f9abf72fe57e0b54164cac78cdd1db)](https://preview.redd.it/7g7lp3xzj7871.png?width=784&format=png&auto=webp&s=a39eac3625f9abf72fe57e0b54164cac78cdd1db)
But GUESS WHAT...
Search for Kenneth C. Griffin Charitable Fund on the IRS website. [<<HERE>>](https://apps.irs.gov/app/eos/)
GO ON... I DARE YOU!!!
I DOUBLE DARE YOU!!!
You WILL NOT FIND IT!
I tried every variation of the name of this fund but I can't find anything!
This sent me on a LONG SEARCH APES...
This search almost had me at breaking point.
I had almost given up... and was about to post this post as is...
When it hit me!
Can you guess what it was>?>?
I have mentioned it in this DD... and trust me when I say this... it was hidden as 1 sentence in the mass of notes I've taken while researching this.
I almost missed it.
WHILE I WAIT TO SEE IF YOU APES CAN FIGURE OUT THE KEY PIECE OF INFORMATION...
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PUPPY BREAK!
Who's got my finger... is it a WOLF... no! It's only this cute little monster!
[![r/Superstonk - Billionaire Boys Club (BBC) Part 6 - SMILE FOR THE CAMERA KENNY...](https://preview.redd.it/fjpfchu3l7871.png?width=1000&format=png&auto=webp&s=980747701d772251c34b6100f7863f7451b2a95e)](https://preview.redd.it/fjpfchu3l7871.png?width=1000&format=png&auto=webp&s=980747701d772251c34b6100f7863f7451b2a95e)
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Ok did you get it?
-- There were actually 2 of these listings for Kenneth and Anne Griffin Foundation with the same Final letters.
There were 2 SEPERATE ENTITIES - listed under the name Kenneth and Anne Griffin Foundation in the Form 990s...
How is it possible to have 2 separate companies, using the same name... collecting tax-exempt status?
WELL... APES... LET ME TELL YOU...
I decided to do a fancy google search for the EIN number (Unique identifier) for each of these companies... and I stumbled across another archive database.
This archive has a lot less information it would seem...
But it does have this...
[2011 - Form 990 - COMPANY: The Blue Knight Foundation](https://www.causeiq.com/organizations/view_990/271106860/18144bf08cbbe623768d225aa4442644)
[2012 - Form 990 - COMPANY: The Blue Knight Foundation](https://www.causeiq.com/organizations/view_990/271106860/db80347caef04de02c9c02c9d4512718)
And if you check these out... you'll notice in the company name field, you'll see:
THE BLUE KNIGHT FOUNDATION AKA THE KENNETH AND ANNE GRIFFIN FOUNDATION
So Kenny tends to name his charities one thing and tell the media that's it's through an Alias name?
Why the fuck would you want to do that?
So if he's willing to do that once... could he be doing it again with the Kenneth C. Griffin Charitable Fund?
Is there a fund out there that Kenny is managing, that like we previously showed... has the potential to be a whale in the stock market?
Why did the Kenneth and Anne Griffin Foundation, claim to PLEDGE $100 million since 1999, tell the media it was actually founded in 2009... and yet actually only have records under that name from 2013 and 2014...???
Why does this article talk about:
*In October 2006, the Griffins together with the Bill and Melinda Gates Foundation founded a new charter school in Chicago named the Woodlawn High School. Griffin's charitable foundation*
????????????????????????????
So many more questions Apes... so little time...
Stay tuned for the NEXT EPISODE of the BBC!
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*PS... I've noticed that I have started to be referred as the BBC guy... is there any way I can get the community to reconsider this... (Pfftt ha haa ha)*
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(Shameless PLUG: Follow me on Twitter for more GME fun: <https://twitter.com/BadassTrader69> )

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The Billionaire Boys Club (BBC) Episode 7 - What DAF fuck is this??? FINALLY AN ANSWER!
=======================================================================================
| Author | Source |
| :----: | :----: |
| [u/BadassTrader](https://www.reddit.com/user/BadassTrader/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oox1sn/the_billionaire_boys_club_bbc_episode_7_what_daf/) |
---
[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)
First off Apes, apologies it's taken so long to get to episode 7.
Sometimes an Ape actually has to work, and can merely pump out Head Banging Beavis and Butthead memes instead of spending hours a day scrolling through Tax Forms.
Plus... those memes are fun... this... not so much...
But HERE WE GO AGAIN...
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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 8](https://www.reddit.com/r/Superstonk/comments/ope0w3/billionaire_boys_club_bbc_episode_7_the_chips_are/)
(THIS IS GME RELATED)
(Shameless PLUG: Follow me on Twitter for more GME fun: <https://twitter.com/BadassTrader69> )
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[Jeff Bezos, 1 Man alone, is worth more than 270 million people COMBINED across these countries.](https://preview.redd.it/yc7cw0oqelc71.png?width=2724&format=png&auto=webp&s=9eb586872dbd71828c6a246a8dfde44e2e67c49f)
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Today's episode is brought to you by the letter D...
What is a Donar Advised Fund? (DAF)
A DAF is a giving account established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time.
[Source](https://www.nptrust.org/what-is-a-donor-advised-fund/)
Sounds positive right? Like a charity right?
But there are a couple of subtle differences here...
FIRST... let's just get this one out of the way...
There are NO REQUIREMENTS for a DAF to actually donate ANY portion of their fund to a charitable organization...
Seriously...
That example I was talking about...
In 2014, the founder and CEO of Go Pro, Nicholas Woodman took his company public.
This earned him a HARD-EARNED $3 Billion...
Now don't get me wrong... I'm not ANTI-Capitalism...
Sure some shit is crazy like Bezos...
But Woodman... then had a tax bill on his $3 Billion of around 15% meaning he owed the Government $450 million.
GREAT you might think...
That can go back into society...
Pay for some homeless shelters...
Build better roads...
SOMETHING...
NAH...
What did he do?
He setup a DAF... Donated $500 million to it and PUFF
That tax bill was GONE
FUCKING GONE!!!
[Source](https://theapeiron.co.uk/are-the-rich-gaslighting-us-when-they-donate-billions-to-charity-fc414c654607)
But you may be thinking... ok, so he created a DAF, he donated $500 million, at least that will go to some good causes?
Even if there is no REQUIREMENT to donate anything to a charitable cause... surely SOMEONE is looking under the hood to make sure nothing shady is going on right?
Well 4 years later... the New York Times decided to take a look...
See how this $500 million was doing good in the world...
By then... The ONLY donation Woodman had made was an undisclosed sum to a fundraiser called "The Bonny Doon Art, Wine, and Brew Festival"
[Source](https://www.nytimes.com/2018/08/03/business/donor-advised-funds-tech-tax.html) (requires NYtimes subscription which I refuse to pay)
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So you see...
Not only does a DAF NOT have any requirements to donate to charitable causes... they have very little requirements at ALL...
- You don't have to donate to anything...
- You get an IMMEDIATE tax write-off...
- You can use the fund to INVEST in WHATEVER you want...
- You can transfer Money, Stocks, Land, Cars, Art... anything that you MIGHT not want to pay tax on
- You can HIRE YOUR BUDDIES to work for your DAF under undisclosed positions
- You can setup your DAF to provide Salaries for GENERATIONS of your family name
And not only that...
BUT...
*It is also possible for you to open a donor-advised fund as a complement and a companion to your existing private foundation, maximizing your tax benefits while achieving your philanthropic goals.*
Now fuck me... that sounds suspect as fuck...
Veins are popping out of my head right now... so you know what time it is!!!
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Awww... look at that puppy in a cup...
Aren't you the Cutest Puppy in a cup I've Ever Seen?
Yes you are... Yes you Are...
<https://preview.redd.it/4q0ob0uzjlc71.png?width=1600&format=png&auto=webp&s=eb476c0e2ac72cf27a9b0ddc5efe49ed3a66504e>
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So anyway... DAFs...
I looked up the definition of a DAF on the IRS website... and even they say there's some shady shit going down here...
The Definition starts out pretty normal with this:
*Generally, a donor advised fund is a separately identified fund or account that is maintained and operated by a section 501(c)(3) organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor, or the donor's representative, retains advisory privileges with respect to the distribution of funds and the investment of assets in the account.*
Then IMMEDIATELY... next paragraph... says this:
*The IRS is aware of a number of organizations that appeared to have abused the basic concepts underlying donor-advised funds. These organizations, promoted as donor-advised funds, appear to be established for the purpose of generating questionable charitable deductions, and providing impermissible economic benefits to donors and their families (including tax-sheltered investment income for the donors) and management fees for promoters.*
A NUMBER of organizations... dodging taxes with these things.
Have you Apes heard anything about this?
There must be some serious investigations going on right?
MEH...
Not really.
I mean there is definitely some dodgy stuff going through these things...
America's Biggest (Edit: Religion) Charity Funnels Tens of Millions to (Edit: Questionable) Groups Through DAFS:
<https://readsludge.com/2019/03/19/americas-biggest-christian-charity-funnels-tens-of-millions-to-hate-groups/>
The President of the New York Legal Assistance Group, diverts $2.3 million to DAFs, Makes $1.7 million through them, then transfers that $1.7 million back to the New York Legal Assistance group and when he's caught, gets fined $150,000...
(Can't Make this shit up)
<https://www.thenonprofittimes.com/npt_articles/deal-stuck-donor-advised-fund-scam/>
But REALISTICALLY... there ain't much here at all.
But LET ME ASK YOU THIS APE...
Do YOU (Yes You) think that the 1%ers of this world, when offered all these BENEFITS while at the same time completely wiping out their Tax Bill... AND... Ensuring their heir line in perpetuity... that they wouldn't be taking advantage of it?
Pushing the limit of morals so to speak?
--- LET ME KNOW IN THE COMMENTS? ---
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So of course... you'd think this GET OUT OF TAX FREE card would be popular right?
Let's take a look...
<https://preview.redd.it/ajzbeymv2mc71.png?width=1024&format=png&auto=webp&s=5768a809fec2e5bf448fe6883a6ce7708de99a64>
Seems like they are giving more and more... ok CHECK
But get this...
We know these guys all have their own charities right?
Well in 2019, grants of $25 BILLION were given from DAFS to Charities... (hmm... I wonder if they give to their OWN charities through DAFs?) - This represents a 93% increase since 2015...
And of course... in 2019 $38.81 Billion was donated INTO DAFs... again and 80% increase since 2015!
So these things are INCREASING RAPIDLY in popularity!
-- And guess what?
THIS IS JUST THE DAFS THAT ARE ASSOCIATED WITH CHARITIES!
So if I am a Billionaire and I own a charity... I likely own a DAF too...
- 53 National Charities have a DAF
- 607 Community Foundations have a DAF
- 333 Single Issue Charities have a DAF
But what about Private Foundations... Like the Bill and Melinda Gates Foundation... or the Kenneth C Griffin Charitable Foundation that doesn't seem to exist???
THERE ARE 873,228 DAFS ASSOCIATED WITH PRIVATE FOUNDATIONS IN THE US ALONE
[Source](https://www.nptrust.org/reports/daf-report/)
NOW...
When you look at this report, there are some metrics in there that make this seem like it's not such a big deal like this one...
<https://preview.redd.it/85lgnngo5mc71.png?width=1024&format=png&auto=webp&s=2a03c7065492fb9bbefd8f22876e590f4b6f6a13>
So the average payout from these DAFs is 22.4%... so at least they are doing something right?
But what you may not notice... is that none of the data in this report are on DAFs associated with Private Foundations!!!
WHY???
BECAUSE THEY DON'T HAVE TO REPORT ANYTHING TO ANYONE
Urrrghhh....
*Also, these funds can be relatively anonymous because, unlike foundations, they are not required to disclose as much information about their charitable giving. This means that finding detailed, public information about a donor-advised fund's grantmaking activities can be challenging for* *grantseekers and researchers****.***
[Source](https://learning.candid.org/resources/knowledge-base/donor-advised-funds/)
So basically... ANYONE can set one of these up... and can be basically ANONYMOUS... Especially if you already have a Private Foundation Charity!!
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That's when it HIT ME Apes...
The Kenneth C. Griffin Charitable Fund...
It's a FUCKING DAF!!!
THAT'S why I couldn't find any record of it...
THAT'S why his charitable donations numbers were all over the place...
So I did a little digging...
And I found it...
He left ONE TRACE
You need to SIGN UP to get access to this one, which I am normally against... but at least it's free...
THE SMOKING GUN
[Source](https://www.philanthropy.com/article/chop-receives-25-million-for-pediatrics-and-dartmouth-lands-20-million-for-dei-in-stem-fields?bc_nonce=wkta5bu9ecmhfgavpwo6&cid=reg_wall_signup)
Quote:
Griffin founded the Citadel Investment Group, a hedge fund in Chicago. He is a prolific donor who primarily gives through his donor-advised fund, the Kenneth C. Griffin Charitable Fund, and mostly supports universities and arts and culture institutions. His biggest gifts are $150 million to Harvard in 2014, $125 million to the University of Chicago in 2017, and $125 million to the Museum of Science and Industry in 2019.
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So there you have it Apes...
You now know, Kenny has his own get out of Tax Free Card with 0 regulation and has set himself up to protect his family line in perpetuity, and when MOASS happens and Citadel goes down... Kenny Declares Bankruptcy... he can still give himself a new job with a 7 or 8 figure Salary while trading the market as he pleases...
THROUGH HIS FUCKING DAF
That's it for this leg of the investigation...
BUT IT WILL CONTINUE!!!
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If you like this series... please let me know what you think in the comments! Really helps keep me focused!
Also...
(Shameless PLUG: Follow me on Twitter for more GME fun: <https://twitter.com/BadassTrader69> )
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Before we go... we need to take a moment... to appreciate...
IT'S A FUCKING BALL OF FLUFF PUPPY!!!
oHHH... who's a ball of FLUFF... YES YOU'RE A BALL OF FLUFF!!!!
<https://preview.redd.it/femrs2vm9mc71.png?width=730&format=png&auto=webp&s=8ac5be70e3599f5a47f961892e807b1df23c0c8f>

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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: <https://twitter.com/BadassTrader69> )
-----------------------------------------------------------------------------------------------------------------------------------------
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...
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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?)
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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)
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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.
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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!
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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!
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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?
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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...
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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!!
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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 -> <https://twitter.com/BadassTrader69/status/1418204517527547905>
(And for those that don't already Follow me on Twitter for more GME fun: <https://twitter.com/BadassTrader69> )

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Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀
============================================================
| Author | Source |
| :----: | :----: |
| [u/possibly6](https://www.reddit.com/user/possibly6/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/onr1bz/elliott_waves_gme_the_sp_500_the_beginning_of_the/) |
---
[DD 👨‍🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
Sup apes
not financial advice. I am a degenerate that draws on my computer screen for a living.
I don't even know where to start, other than play this song before reading: <https://open.spotify.com/track/1E0EOstQRm7YMhFpmDJzaB?si=084bbbb871884c54>
What a day! GME was relatively flat but the broad market was a SHIT SHOW! I have a lot to go over, so strap in and get ready for some pretty colors.
A few weeks back I made [this post ](https://www.reddit.com/r/Superstonk/comments/of4zjh/elliott_waves_gme_wen_the_fck_moon/)going over GME and SPY levels, I believe I said I expected 436 to hit before a sharp selloff. Before going over GME, I'd like to once again update you on my SPY levels.
As an EW trader you have to adapt to structures as they form and let the trends play out, for this reason I am updating my targets. Hate me if you want, the first one hit. I just see more upside from here, but NOT MUCH!
Here's an hourly view, see if you can understand what you're looking at before I explain:
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/jhxjyqcoa9c71.png?width=2806&format=png&auto=webp&s=c712dac1994fcf74221cbd84a8d3969ee503a22c)](https://preview.redd.it/jhxjyqcoa9c71.png?width=2806&format=png&auto=webp&s=c712dac1994fcf74221cbd84a8d3969ee503a22c)
Hourly
If you looked at this and came to the conclusion that there is likely more upside, that is correct. This is because if you look at the minute count (white) you can see today was actually a wave 4. Looking deeper, the minuette count (purple, waves within the white wave 3) you can clearly see the 5 waves up, followed by the ABC down to complete the 4.
So what does that mean from here?
Short answer, more upside, at least imho. Today looked to have completed a 4 of 5 of 5 of 5, originally I thought 436 ish would be the top, however after closely exacting the structure, I see one last push. The last hoorah.
Also, put yourself in the shoes of every retail investor that isn't aware of all the bullshit surrounding the markets. They see "covid delta variant sparks wall street selloff" and think the market is crashing today.
If I'm right, I'd expect more green out of SPY from here, to put it bluntly, I see 444, 447, and 460 as final 5 of 5 of 5 of 5 targets. These are spread out as I haven't seen the new trend play out, as it starts to develop we can re evaluate, but these are BASE targets. Could go higher could go lower, or it could just fall and this entire analysis is wrong.
Something to consider, today our C wave (purple, final leg down of wave 4) actually hit a super bearish extension level at 2.618. When this happens, lots of speculation that a downtrend is starting is valid. A tip to see if this is the case, is if this truly is the beginning of a bear market, we WILL NOT break above the previous high of our B wave at 436.5 ish. If we break above, think the trend is still bullish, as I expect it to.
Also, the VIX! What a day!
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/ztvx3koac9c71.png?width=2778&format=png&auto=webp&s=3589d30fb8ef8ad1f7e73915c2a1aa1c7864dfa0)](https://preview.redd.it/ztvx3koac9c71.png?width=2778&format=png&auto=webp&s=3589d30fb8ef8ad1f7e73915c2a1aa1c7864dfa0)
Finished up 21%
Love to see it, but I wouldn't give it too much attention until it breaks 30. That's when shit will really get interesting.
I'm also expecting the VIX to settle back down into the week, based on gaps and bearish divergence.
Pro tip: when looking at RSI, if the stock makes a higher high on a lower RSI reading or vice versa with lows, we can expect a reversal.
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/0rlfsdz4d9c71.png?width=738&format=png&auto=webp&s=dc7489d093d8a71002b46bf444880e66bd7aaf87)](https://preview.redd.it/0rlfsdz4d9c71.png?width=738&format=png&auto=webp&s=dc7489d093d8a71002b46bf444880e66bd7aaf87)
bearish divergence
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/6hyv4rj2d9c71.png?width=598&format=png&auto=webp&s=8d566815f1cd248526b3707b43010afd17c51e8a)](https://preview.redd.it/6hyv4rj2d9c71.png?width=598&format=png&auto=webp&s=8d566815f1cd248526b3707b43010afd17c51e8a)
bullish divergence
Now onto GME.
real quick before I begin, here's the bull case visualized over the next few weeks/months:
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/fwvd807ld9c71.png?width=1872&format=png&auto=webp&s=dbcf56b837d80c199315d69de47ef936cf421b43)](https://preview.redd.it/fwvd807ld9c71.png?width=1872&format=png&auto=webp&s=dbcf56b837d80c199315d69de47ef936cf421b43)
visualized wave 3 trajectory
this is just a roadmap assuming all common ratios are hit, which GME doesn't always do as it's anything but a typical stock, but nonetheless, good to visualize and manifest.
short term, this feels exactly like May right before we ran to 344.
Here are possible minuette wave 3 targets
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/pszko3nlf9c71.png?width=2422&format=png&auto=webp&s=6e850fec6835a4c41277a4d93558af22a502a5b6)](https://preview.redd.it/pszko3nlf9c71.png?width=2422&format=png&auto=webp&s=6e850fec6835a4c41277a4d93558af22a502a5b6)
15m
Personally, I don't care too much for the intraday action. What I'm happy about is the uptrend is finally holding after a sharp 1.618:1 C wave down from our recent high (154)
I need the structure to play out more before assigning more targets, but as for now, we seemingly completed our minuette 2 at the .618 retrace level
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/dc76lrdxf9c71.png?width=2022&format=png&auto=webp&s=23de19c90ef57935c24844097a2236e297f5c1c2)](https://preview.redd.it/dc76lrdxf9c71.png?width=2022&format=png&auto=webp&s=23de19c90ef57935c24844097a2236e297f5c1c2)
minuette 2 completion
Do note though, it is possible this was just the A and B completing. In this case watch for a low of around 157.75 tomorrow. Here's why on a macro scale:
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/itts1qybg9c71.png?width=1828&format=png&auto=webp&s=f11d0312e7dbab3d36027c4ff31ef9e78cc47d9a)](https://preview.redd.it/itts1qybg9c71.png?width=1828&format=png&auto=webp&s=f11d0312e7dbab3d36027c4ff31ef9e78cc47d9a)
15m
Note the rejection at the .786 level, this is common in B wave retraces. To find our final C target, we can expect in a typical zig zag A and C share a 1:1 fib relationship, putting C at 157.5 from today's high. This is completely invalidated if we break above 179.47, but doesn't rule out a running/expanded flat.
TLDR for this nonsensical macro analysis, buy the dip if there is one.
Visualized:
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/8scpemaog9c71.png?width=2400&format=png&auto=webp&s=5c700f59a9286290dddf687b45011bce60340fe0)](https://preview.redd.it/8scpemaog9c71.png?width=2400&format=png&auto=webp&s=5c700f59a9286290dddf687b45011bce60340fe0)
1:1 at 157.75
Again, all that matters is higher highs/lows relative to 151. Intraday swings I could care less about, I've been all in this bitch.
The overarching setup on GME is bullish as fuck... 1 2 within 1 2 within 1 2, starting 3 of 3 of 3 now. the fabled elliott tsunami. Let's see if it lives up to my expectations.
Tomorrow marks t+2 for option expiration settlement of the monthlies that expired on 7/16, could be nothing, could be huge. I can promise whatever happens I FEEL nothing.
I leave you with this.
[![r/Superstonk - Elliott Waves, GME, The S&P 500, The Beginning Of The End 🚀](https://preview.redd.it/dh9xaojjh9c71.png?width=1178&format=png&auto=webp&s=e26b261f6be152525e70d1f6770ca142260e18aa)](https://preview.redd.it/dh9xaojjh9c71.png?width=1178&format=png&auto=webp&s=e26b261f6be152525e70d1f6770ca142260e18aa)
:)
I'm out, thanks for reading! If you like intraday analysis, consider following my [twitter](https://twitter.com/gavinmayreal). I'm pretty active about updating levels/charting out SPY on there every day.
If video analysis is you thing, you might like my [Youtube](https://www.youtube.com/channel/UCw-8U3JJeT3_pz1rOkdgzbA) (I'm not really a youtuber anymore, retired years ago. Started up again by posting EW analysis to try and educate, nothing more. I know some people are against pumping socials and I totally understand, but it might help you understand my analysis a bit more by watching)
JACKED!
TLDR: uhh buy and hodl? 🌊 🚀
I can feel it coming
edit: regarding the mod drama, fuck allat. I'm here for the DD and my DD is always crossposted, diversify your subs not your investments ;)
edit: redacting part about market crashing when people expect it, GME is a black swan. expect the unexpected.