Published 22 Jun 2026, 22:58 UTC · fetched 3 Nov 2026, 10:54 UTC
Peter Schiff
@PeterSchiff
The London Whale cost JPMorgan $6.2B, one of the biggest losing trades ever recorded. $MSTR is already sitting on a $10B paper loss on its Bitcoin trade. But by the time it's closed out, @Saylor will shatter the record and book the biggest losing trade in history.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 62509.96 / 63889.99 − 1 = -2.2%d × r = +2.2% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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