Total Pageviews

Wednesday, October 5, 2022

An early Thanksgiving gift!

We (DW Family) took a multibagger gain today from betting on the TWTR deal with Elon Musk. While most people were very nervous about this deal, questioning whether it would be closed as originally agreed upon, I believe with a good dose of confidence that the deal would still go through as signed off. As such, we structured our bet by a special strategy with a risk/reward of 1:4 ratio, i.e. risking $1 for a potentially $4 gain. 

Well, we got the good news last night that Musk has decided to pay as agreed and won't continue with the lawsuit. This is much earlier than I had expected for the final conclusion of the dispute but of course I'm really happy to get the Thanksgiving gift more than one month earlier. 💪😜💰
 





No comments:

Post a Comment