Lots of these guys aren't dumb, but there's a lot more luck to what happened than they'd like to admit. And luck like that doesn't last forever.
Their luck is about to run out.
Their luck is about to run out.
I think firing almost everyone was smarter than people think, but the reality that buying twitter was an extraordinarily poor idea and his main skill is pumping and dumping that won't work in a stagflationary environment means he can't use his normal skill set to talk his way out of it.
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