Ponzi Factor | SEC Meeting 1

2m read

·Nov 3, 2024

Hi everyone, this is Thanh. A quick note, kind of exciting news! I am in the process, as in either this morning or next hour or so, I'm gonna go into a roundtable meeting with the chairman of the ICC, J. Clayton, and also some other senior officials of the SEC.

The meeting is not specifically about my book; it's about broker agents or something, some kind of communication. But it will be a roundtable meeting, so I will be able to address Clayton and the other SEC members with some important questions, like: why do Google Class C shares exist? Why is Elon allowed to do what he's doing?

I don't think I'm gonna get a direct answer about Elon Musk and what their investigation is on him, but it will just be a reminder that yes, Elon and what's going on over there is heavily on our mind still. But more importantly, I do want to ask him about why Google Class C shares exist and seek an opinion about why these Ponzi assets have paid no dividends and have no voting rights are allowed to exist in the market.

I'm not gonna corner J or any of those senior officials about this because I can easily corner any finance academic with the facts I know, but I'm simply going to offer to ask him for an opinion. I don't want them to go into defense mode; I simply want an opinion. Honestly, that's what I've really always wanted for quite a while from someone from the SEC: just an opinion about why Google Class C shares exist and why Berkshire and many other companies can avoid paying dividends for as long as they have.

The reason I'm telling you about this now, at the last minute, even though I've known for several weeks that I'm going to attend this meeting, is because I was afraid that if news got out and they knew who I was, they might have actually taken me off the guest list. I did actually try to attend the Denver meeting once.

I'm not gonna tell you exactly what happened. Bottom line is, my name got removed at the last minute, I think. So let's see what happens. I'll let you know. Bye!

3 year old reports on oil spill conditions on Alabama's Gulf coast

Competition, predation, and mutualism | Middle school biology | Khan Academy

View All

Watch Adorable Babies Go on a Hilarious High-Altitude Adventure | Short Film Showcase

Shelby was doing stuff that no one else was even trying, and a lot of people didn’t even realize he was a baby in the late 2016’s. Like everything had already been done, you know? At that point, the scene shifted to the sub six Monon old group. Tons of ta…

The TOP 5 WORST Credit Cards In 2024

[Music] What’s up guys, it’s Graham here. So normally, on the channel, we talk about the best credit cards to help build your score, give you unlimited cashback rewards, reward you with sign-up bonuses, and do all of that with unparalleled customer servic…

Limits of composite functions | Limits and continuity | AP Calculus AB | Khan Academy

Let’s now take some limits involving composite functions. So over here we have the limit of G of H of x as x approaches three. And like always, I encourage you to pause the video and see if you can figure this out on your own. Well, we can leverage our l…

The Power of the Sun and Salt | Breakthrough

When the plant is finished, 10,000 mirrors will focus the sun’s rays onto the apex of a 600 ft tower filled with salt. So, we heat up our molten salt to 1,000° Fah, and then we’re going to store that liquid and use it for power generation. Salt retains he…

8 Ways To Enter The Present Moment

Many spiritual and religious traditions talk about the human tendency to spend too much time outside the present moment. According to a Harvard University study, we spend almost fifty percent of the time we are awake, not thinking about what we are doing.…

Price discrimination for a monopoly | Microeconomics | Khan Academy

Let’s say that you own the only hotel that is in a city. For a wide variety of reasons, maybe all of the city council members are your friends or whatever else, no one else can build a hotel in the city. So there are insurmountable barriers to entry. In t…

Ponzi Factor | SEC Meeting 1

More Articles