#121
|
|||
|
|||
Yeah, but it's probably just a 6000 ft^2 shack, so that doesn't really count.
|
#122
|
|||
|
|||
Quote:
John Foley who was one of the founders and blew 1.9 billion may be worth your ridicule but he does not strike me as a bad guy. He was a true believer and did not sell shares when PTON was ridiculously overvalued. If anyone deserves your scorn it is Goldman Sachs. They set Foley up as a ultra-high net worth client, then convinced him to post his shares as collateral so he could go on a buying spree. This is how he bought the massive place in the hamptons (which he sold at a loss.) As far as I can see, the only shares which were sold were for margin calls from Goldman Sachs. They really wiped him out. This is where you should all read 'Where are the Customer's yachts?' https://books.google.co.uk/books/abo...AJ&redir_esc=y Last edited by verticaldoug; 08-29-2024 at 12:58 AM. |
|
|