Mark Cuban
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Um, cause it was making eight and a half percent.
Yeah.
And so, and this is why I was making eight and a half percent.
And so hopefully, if what they say in their filing is accurate, and I have no reason to believe it's not, and the judge that's dealing with the bankruptcy agrees, then they'll be able to put consumer accounts first to get probably 60, 70% of the crypto back.
Yeah.
And then what they've said in their filings in public that they're going to try to do is for the other 30% or 40%, because they're bankrupt, the old stock that I own is worthless, right?
Right.
In the new company, they'll recreate it and give stock and tokens to those people to hopefully, if it turns out to be worth anything, make up the delta.
Yeah.
Everybody's making money.
You got to fight that feeling.
Now you know, yeah.
I wish there were.
So one difference between, look, stocks are the same way, right?
So if you look at your stock portfolio, if you have any tech stocks at all, it's gotten crushed.
Yeah, and it's gotten crushed as much as Bitcoin or Ethereum, right?
So you always have to ask yourself, is the company a good company?
Because part of the problem with the tech stocks is their valuations went too high because interest rates were so low.
And so people had nowhere else to put their money, so they put it into crypto and they put it into high-flying tech stocks and other things, right?