Here’s a Mack truck full of crap from 2018 about a new car maker named Fisker:

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Remember the dreadful Bill Ackman/Carl Icahn feud back in the day? Ackman was a big HLF bear, and he had a monster short position, whereas Icahn was a HLF bull and mercilessly taunted Ackman all the way up. Ackman had this short going from 2012 until 2019, but he couldn’t take it anymore, so he got out at a huge loss around June 2019.

Upstart is down about 94% from its 2021 peak, thanks to the fact it makes no money at all. In a normal, organic market, this stock woudl have never gone public in the first place.

OK, can this be it? Please? Can we, at long last, admit the world has gone entirely insane? Because this one guy is asking for $7,000,000,000,000 for his business.

As a gentle reminder, Apple, the largest company on the planet, was funded with $1,100, which came from selling an HP Calculator and a VW Bus.
