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IMO he's a totally reckless and arrogant dude and horrible CEO. I wouldn't touch anything he's involved in.
I'm afraid you may be right.
I'm tempted by the preferred issue STRC, paying 11.5%, supposedly engineered to keep the share price between $99 - $100
but then I see that the preferred etf, PFFA pays almost 10% with broad diversification and none of the iffy-ness.
Those STRC preferreds look tasty but imo they're a giant ponzi scheme he uses so he can lever up the company further buy purchasing even more bitcoin. Reckless investment vehicles with tantalizing yields.
Comments
Saylor established the Saylor Academy (saylor.org), a nonprofit providing free online education to over 2 million students worldwide.
In 2024, he settled a $40 million tax fraud lawsuit that is related to falsifying the state where he operates to other lower tax states.
IMO he's a totally reckless and arrogant dude and horrible CEO. I wouldn't touch anything he's involved in.
I'm afraid you may be right.
I'm tempted by the preferred issue STRC, paying 11.5%, supposedly engineered to keep the share price between $99 - $100
but then I see that the preferred etf, PFFA pays almost 10% with broad diversification and none of the iffy-ness.
I'm tempted by the preferred issue STRC, paying 11.5%, supposedly engineered to keep the share price between $99 - $100
but then I see that the preferred etf, PFFA pays almost 10% with broad diversification and none of the iffy-ness.
Those STRC preferreds look tasty but imo they're a giant ponzi scheme he uses so he can lever up the company further buy purchasing even more bitcoin. Reckless investment vehicles with tantalizing yields.
And a primary qualification for the current administration.
I immediately think "too good to be true". Might work for a while, I'd want to be first out the door.