Jim Chanos

$TSLA has only spent about $2B in the past 6M on “AI Infrastructure”, “Computer Equipment” and “Construction in Progress”. That’s about 1% of the AI-related Mag7 spend. https://t.co/hGIMJsjViG

He repeats the disingenuous claim at the 2:30 mark that most institutional investors can’t buy the underlying asset (Bitcoin itself). But most of the equity investors certainly can buy Bitcoin ETF’s. And credit investors don’t directly invest in commodities, in any case.

$MSTR continues to DE-lever, selling only $16.8M of preferred last week, less than 8% of total capital raised (92% common equity). https://t.co/d5jDJF8EY3

Preparing the Good Luck Brats. #IYKYK #GoPackGo https://t.co/zcgl9JPM0T

Who approved these @Saints uniforms…?!

The outrage that the Bitcoin Brotherhood is expressing about the paragon of TradFi, Standard & Poors, snubbing $MSTR, is telling. Should they really care about this?

Is there a time warp and it’s April 1st in Washington DC today…?!

Wait, what…?! https://t.co/8cFcesZO1u

Now that the proxy statement is out, we see that the non-Musk insiders at $TSLA reduced their total holdings by 41% over the past year! Why? https://t.co/WYbPAw0sXW

#GoldenAgeOfFraud

This is in effect a sale-leaseback by $NVDA. A financing, not a “sale”. But why? (Ht: @GordonJohnson19)

I can’t pay with Bitcoin…?! $MSTR

“Nothing to see here…move along!” $COIN

Do the strict Constitutionalists on the Right really want to go down this path?

Spinal Tap: “They opened for us, and were so bad that the crowd was still booing them when we were on stage.”

Why do people think the future humanoid robotics market will be dramatically different from today’s automobile market? A lack of task differentiation, lots of competition(including f/China), similar price points, etc.

Safety monitors in the driver’s seat is a long way away from $TSLA Robotaxis in 50% of the US by yearend.

Vlad: “We’ll all be trading stocks for a living soon!” $HOOD Insiders: “Not yet!”

@CedarStResearch It’s more like over 100x LTM consolidated EPS. Their accounting for Erie Exchange is absurd. $ERIE

#FacePalm

$MSTR continued to REDUCE its leverage this past week. 90% of its securities sold was from the common equity ATM. They only sold $46.5M of the preferreds. https://t.co/g7uzY9xtS0

Selling puts (“Bitcoin operations”) to fund the preferred dividends. New levels of financial brilliance at work here. $MTPLF $MSTR

Because housing is expensive? What about equity prices…?!

The aluminum siding of the 21st Century. IYKYK. #TinMen

“Pay no attention to that man in the passenger seat!” $TSLA https://t.co/NJd67y2428

My favorite insurance accounting absurdity, $ERIE, recently filed its statutory financials for its wholly-controlled (but non-consolidated) insurance company, Erie Exchange. And they are ugly. Exchange lost $(365)M before cap gains in the 2Q, $(471)M in the 1H! https://t.co/8JebiC0ORn (2) This means that on a consolidated basis (which we believe is appropriate here), $ERIE is actually losing money so far in 2025, and has pre-tax profits (before gains) of only $172M in the LTM, or less than $3 in annual EPS. For a $350 stock. Of a sub-mediocre P&C insurer.

“We have always been at war with Eastasia.”

That’s 10% of US GDP. And over half of all US capital spending (it’s mostly being spent here). Which is a lot.

The 10 best college football towns in the United States - There should be no doubt as to Number One #OnWisconsin ⁦@UWBadgers⁩ https://t.co/ZbCznFVtuJ

There are many things that Trump makes up, that he says publicly. This is NOT one of them. At this point he KNOWS Ukraine was invaded by Russia. So why keep repeating this obvious lie?