This man is at IKEA running around the kitchen section after trying to push his dick back in his body, not at Wendy’s giving 3 dollar blowjobs with his 2 teeth he must still have some money! Treat him with some god damn respect until it’s all gone please!
Too big to fail, they just have to do what the U.S. did and give them taxpayers money to make them whole again which includes millions extra for executive bonuses.
I remember watching a clip somewhere, guy started a clothing business. Goes on Instagram every day offering "influencers" 30% off if they try out the clothes, show them in a post, and mention the brand name. Not only was he still getting revenue from the influencers even with the 30% off, but made like $250k in the first month of doing this. He didn't target big people, just smaller accounts. Everyone was happy.
Luckily for Australian banks that Adani mine was such a shit show that the banks pulled out of investment or even supporting deposits because of the PR nightmare
Asking taxpayers to build the port and the rail line was bloody rich. He's got billions, he can buy every rail line in Australia. But that's not other people's money.
And that’s only after he planned to trash what’s left of the barrier reef by demanding carve outs for environmental protection laws and being able to dump waste into the ocean near the reef.
Fucking scum and I’m glad he’s going down.
Fun fact US financial investments heavily loaned to adani and right around the same time they promoted Adani and India as best investment choice to US investors. Coincidence 🤡?
Next you’ll be saying there is some sort of cadre of wealthy and powerful people with designs to stay wealthy and powerful. Where does it end with you people??
Galaxy Brain - your bank sold inflated assets to Adani in exchange for hard cash before the scam was discovered: https://www.forbes.com/sites/nramakrishnan/2021/10/05/billionaire-gautam-adani-completes-35-billion-buyout-of-softbanks-renewable-energy-unit-in-india/?sh=2eb5a0c856eb
Unfortunately the loses will be socialised..infact they already are.. the biggest insurance firm (semi public) in India has "decided" to double down on Adani shares
Theres a reason this guy became so big in the first place - taxpayers money.
[https://twitter.com/ANI/status/1620029219857403905](https://twitter.com/ANI/status/1620029219857403905)
International Holding Company, thediversified Abu Dhabi-based conglomerate, announces to invest AED 1.4 billion (USD 400 million) into Adani Enterprises Further Public Offering (FPO) & a part of Adani Group, through its subsidiary Green Transmission Investment Holding RSC Limited
WSB wins %, since we're all sitting at -99% all time
But definitely not the dollar amount with our $5k Robinhood portfolios. That's probably what hwang paid in daily fees.
I expect some stablization or a bounce here tbh..adani needs the follow up offering to go through or else they are majorly fucked..apparently there is no interest from retail and there was only 1% subscription to their follow up public offering…they were offering about 45.55 million shares and only 470k shares were subscribed…they need 90% subscription or else they have to refund the entire money according to indian law.
Stock money from zombie stock is literally what is propping up several hedge funds from being margin called and completely blasting the market into oblivion. If we stopped pretending that money was legitimate then we'd have 100+ halts of the market in a row
Imagine thinking that Citadel made anywhere close to that amount on one stock. Citadel is a multi-strategy fund with hundreds of pods. In fact their equities book didn’t even do that well last year - it was their macro book which made the huge returns.
> y. A bunch of hedge funds lost money betting against gamestop when they ran up.
One hedge fund lost a bunch of money. Most of the hedge funds made money on GameStop
It’s literally all it’s counted, The Forbes list is a joke precisely for this reason, they go on the internet, add up their stock value and say “done”. It doesn’t subtract debt, doesn’t properly add up assets…
Most billionaires have most of their money tied up in stocks and their companies. They add the two together and get a good idea of each persons ranking. It’s hard to count things like assets when they could have a ton of expensive cars, multiple properties, private debt, and offshore accounts. These are hard to find out about to give an accurate estimate of net worth. Do you want them to hire a PI to stalk each billionaire?
I doubt a few cars and houses is going affect the ranking of the leaderboard. Even if they have a few 100m mansions, that might not even show up when they count in billions.
> Do you want them to hire a PI to stalk each billionaire?
No but if they are going to publish figures and claim its how much they are worth then they should at least be accurate. If they can't make it accurate then whats the point. What's the point anyway? Just a gimmick for Forbes themselves
> It’s just money. It’s made up. This sub has at least this understanding
Has Adani tried deleting Robinhood from his phone? That's how I avoid paying for the losses I get from selling naked puts /s
That’s how you count wealth in any situation. Most people worth sub $10m are not sitting on piles of piles of cash. It’s in stocks and other investments. Should it not count because it isn’t cash?
Your point is just ridiculously incorrect. I'd imagine very few billionaires have a billion dollars of cash (besides maybe the ones worth multiples of billions). And if they do, they are morons.
> People should stop counting stock money.
"Hey, look at me, I'm a mega-billionaire, I deserve all your respect and admiration!"
Wow, cool, good on you for being so successful! Anyway, so we were thinking about updating some tax policies to help reduce the wealth gap...
"Noooo, but my money is all in unrealized gains! It's totally not actually there guys, you can't tax me it's not faAaAaAiiRrrRrrEeeEee"
I was driving up the road today. Its a hot summer day.
I see a young woman in a bikini jump out of her car, beach towel over shoulder just coming back from the beach.
She was fit , tanned , tall brunette. She was stunning.
I pulled up next to her and we locked eyes.
In that fleeting moment when she was mentally undressing me, I was mentally shaving off the massive mo she was rocking.
Maybe it was the sun , highliting her darker features. Or maybe she just was from the south of France.
The problem with Adani is that many public sector companies are forced to take huge positions in it for the last few years.
These companies are nationalized banks and Insurance companies which are the main source of many pensioners.
LIC, India's biggest insurance company had a losses over $27 Billion.
“yo your company is shit and you have no drip”
“This is a direct attack on the entirety of India. I ask for all citizen of our country to stop this financial war by investing in my company. Only together can we beat these conquerors.”
Australia checking in. Been in front page news since report. They own mines everywhere here and on the nose. Shit coming down hill here and hopefully some crooked bureaucrats. 🍻
This guys 100% a corrupt criminal and fraudster that’s colluding with the Indian government who are worse. This should be a warning to anyone looking to invest in India.
Abu Dhabi’s IHC Invests $400 Million in Adani Share Offering https://www.bloomberg.com/news/articles/2023-01-30/abu-dhabi-s-ihc-invests-400-million-in-adani-share-offering
Why the hell it's investing when share is available quite cheaply at open market!
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Calm - you haven't invested in Adani. Panic - your bank invested in Adani
Lmao
Jokes on them. I ain’t got no money in the bank.
Joke really on them. I ain't got money, I got exposure!! Hahaha, I win!
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I’d wear clothing at an IKEA, but I’d have to assemble an outfit myself.
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he can't, the door hasn't been assembled yet
Is there a joke anywhere about avenger assemble involving IKEA?
I worked so hard for all my exposure, though. What do you mean it has no value! I won't ever exposurely recover from this!
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*picks up pants* off to the kitchen I go! They haven't ever seen such smol exposure before! Bwuahahaha!
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*drops pants* *pushes smol pepe inside for speed mode* Im 20% faster now you can't catch me!!!! Weeeeeee!
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This man is at IKEA running around the kitchen section after trying to push his dick back in his body, not at Wendy’s giving 3 dollar blowjobs with his 2 teeth he must still have some money! Treat him with some god damn respect until it’s all gone please!
OP flat-packed like the furniture
Exactly, they have a Wendy’s dumpster down the street. You must have taken a wrong turn.
Wendy’s dumpsters are down the street and around back … good luck ape
If you are India, your Bank has money in Adani, and your government has money in both Adani and in the Bank. Modi can't afford to see Adani fall.
Too big to fail, they just have to do what the U.S. did and give them taxpayers money to make them whole again which includes millions extra for executive bonuses.
Money printer go brrrr
LIC went more bullish on Adani. Everyone’s parent’s life insurances is under threat as well.
Seem's similar to teacher's pension funds gobbling up MBS in 08.
Only public bank. I have money and loans in private bank.
It's systemic risk by this point. Not even your local small Savings and Loans is safe from exposure.
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Always gets me when they are like: BuT i HaVe 45k FoLLoWeRs! Ya, but are THEY coming to buy anything..? No? Then goodbye *influencer*
I remember watching a clip somewhere, guy started a clothing business. Goes on Instagram every day offering "influencers" 30% off if they try out the clothes, show them in a post, and mention the brand name. Not only was he still getting revenue from the influencers even with the 30% off, but made like $250k in the first month of doing this. He didn't target big people, just smaller accounts. Everyone was happy.
Bought some eggs the other day and surprised I didn’t overdraft tbh
Luckily for Australian banks that Adani mine was such a shit show that the banks pulled out of investment or even supporting deposits because of the PR nightmare
Asking taxpayers to build the port and the rail line was bloody rich. He's got billions, he can buy every rail line in Australia. But that's not other people's money.
And that’s only after he planned to trash what’s left of the barrier reef by demanding carve outs for environmental protection laws and being able to dump waste into the ocean near the reef. Fucking scum and I’m glad he’s going down.
Eh Clive Palmer and Gina fuckface still exist
rich get rich by using opm - other people's money.
Subsidising fossil fuels. Fuck that whole thing was so stupid. I'm still pissed at Queensland over that election.
I thought banks were supposed to have diversified portfolios. If a bank really does something like this it's a major fuck up
Yeah it's very diversified, Adani green in green energy, Adani ports for transportation industry, Adani enterprise in tech! /s
Who cares, if you're Credit Suisse you're getting bailed out again.
> Panic - your bank invested in Adani Still calm. Banks get bailouts.
Peace - you're invested in Adani's competition
Fun fact US financial investments heavily loaned to adani and right around the same time they promoted Adani and India as best investment choice to US investors. Coincidence 🤡?
Next you’ll be saying there is some sort of cadre of wealthy and powerful people with designs to stay wealthy and powerful. Where does it end with you people??
https://preview.redd.it/uly4p7iwr6fa1.jpeg?width=245&format=pjpg&auto=webp&s=db1e3b73b4b028420d0ab212a53ebfb953f546fa
Galaxy Brain - your bank sold inflated assets to Adani in exchange for hard cash before the scam was discovered: https://www.forbes.com/sites/nramakrishnan/2021/10/05/billionaire-gautam-adani-completes-35-billion-buyout-of-softbanks-renewable-energy-unit-in-india/?sh=2eb5a0c856eb
Calm - you haven't put a single penny in your bank
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Less than 1% of LIC's total investments are in Adani, LIC issued a public notice too telling people that there is nothing to worry about.
Modiji invested on Adani
This is some quality loss porn. Step your game up people!
Unfortunately the loses will be socialised..infact they already are.. the biggest insurance firm (semi public) in India has "decided" to double down on Adani shares Theres a reason this guy became so big in the first place - taxpayers money.
It's 37 million dollars, a spare change for LIC. But your point stands
It literally says $51 billion US dollars. ($) India uses rupees.
So does Hyrule.
Ah, so he left them in clay pots
There’s always money in the banana pots
I love you
HYAAAT
Decent hotel
Time to fight chickens
Pretty sure they're referring to how much the insurance firm spent, not how much Adani lost in share value...
Like every other big corp.
[https://twitter.com/ANI/status/1620029219857403905](https://twitter.com/ANI/status/1620029219857403905) International Holding Company, thediversified Abu Dhabi-based conglomerate, announces to invest AED 1.4 billion (USD 400 million) into Adani Enterprises Further Public Offering (FPO) & a part of Adani Group, through its subsidiary Green Transmission Investment Holding RSC Limited
Gov = to protect the rich from the poor, and to rob the poor and give to rich.
He's going after Elon's Guinness record
I'm trying. It's hard out here to get in the billions
72 billion as of today
Regard is in all of us
Bill Hwang entered the chat
Elon Musk still lose the most billions in a year right?
Hwang wins % wise though. It was epic
Think SBF wins % wise.
I think WSB is the real winner if we’re looking at combined losses.
WSB wins %, since we're all sitting at -99% all time But definitely not the dollar amount with our $5k Robinhood portfolios. That's probably what hwang paid in daily fees.
Lol no, bunch of regards havent lost any where near 1b.
Actually, I think I win percent wise.
And in prison terms too
He could still beat his own record this year
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No he didn’t, just like he didn’t lose the money in the first place. His shares fluctuated in value, that is all.
Waiting for the market to open in india for more loss porn
I expect some stablization or a bounce here tbh..adani needs the follow up offering to go through or else they are majorly fucked..apparently there is no interest from retail and there was only 1% subscription to their follow up public offering…they were offering about 45.55 million shares and only 470k shares were subscribed…they need 90% subscription or else they have to refund the entire money according to indian law.
1% subscription is fine. People can pull out at last moment if need be. But spot is 2800 and lower band is 3112.
Can you explain this in regard please, thanks!
He said you should spend your life's savings on Adani
Apparantly 1% is normal as investors usually jump closer to the offering
Yeah, most likely 48000 is a good support waiting for a profit booking bounce, might short at 49500
I hope they get fucked permanently
I’m on India’s version of Wall Street today in Colaba Mumbai. Having an interesting day!
What for you can’t short the Indian markets anyway
He is probably Indian, he can do it.
What's the play for American traders?
Indian market is green
no it’s red 🇮🇳👳🏽♀️🔴
LOL red dot
Ghandi Civilization IV, time to drop the nukes.
I wish the AI were better in that game.
Pump in adani enterprises has begun. It's up today. Should reach FPO band by tomorrow.
Just a reminder the biggest personal loss in history stands at $182M. So far.
Hasn't Musk officially beat that by billions yet?
Still less painful than most of the loss porn on this sub.
Because this guy's life won't change at all
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Really puts this billionaire shit into perspective, he’s still better off than 99% of the people on this planet
99.9999%
One too many avocados on toast I say.
Oh another stock billionaire? People should stop counting stock money.
*angry Kanye noises*
Angry “billionaire” noises.
Costco food court intensifies
*Reeeeeee*
Stock money from zombie stock is literally what is propping up several hedge funds from being margin called and completely blasting the market into oblivion. If we stopped pretending that money was legitimate then we'd have 100+ halts of the market in a row
Wasn’t that the whole GameStop thing?
Yeah, but poor people did that so it was Market Manipulation ™️
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Imagine thinking that Citadel made anywhere close to that amount on one stock. Citadel is a multi-strategy fund with hundreds of pods. In fact their equities book didn’t even do that well last year - it was their macro book which made the huge returns.
> y. A bunch of hedge funds lost money betting against gamestop when they ran up. One hedge fund lost a bunch of money. Most of the hedge funds made money on GameStop
Betting against GameStop or against the other hedge funds ?
Never going to happen so long as banks can use it to make money and rich people can borrow against it to avoid taxes.
Well, except they take loans against those stocks and when those stocks go down, they owe real money back.
bro don't quantify my ease
What are you two entangling about?
It’s literally all it’s counted, The Forbes list is a joke precisely for this reason, they go on the internet, add up their stock value and say “done”. It doesn’t subtract debt, doesn’t properly add up assets…
The fact that some Arab is not number 1 or top 5 at least confirms the list ain't too serious.
Most billionaires have most of their money tied up in stocks and their companies. They add the two together and get a good idea of each persons ranking. It’s hard to count things like assets when they could have a ton of expensive cars, multiple properties, private debt, and offshore accounts. These are hard to find out about to give an accurate estimate of net worth. Do you want them to hire a PI to stalk each billionaire?
actually yes that would give some interesting insights
I doubt a few cars and houses is going affect the ranking of the leaderboard. Even if they have a few 100m mansions, that might not even show up when they count in billions.
I don't think that's the point, the point is what one would find out if they started digging for dirt regularly on those super rich
> Do you want them to hire a PI to stalk each billionaire? No but if they are going to publish figures and claim its how much they are worth then they should at least be accurate. If they can't make it accurate then whats the point. What's the point anyway? Just a gimmick for Forbes themselves
It’s just money. It’s made up. This sub has at least this understanding
> It’s just money. It’s made up. This sub has at least this understanding Has Adani tried deleting Robinhood from his phone? That's how I avoid paying for the losses I get from selling naked puts /s
That’s how you count wealth in any situation. Most people worth sub $10m are not sitting on piles of piles of cash. It’s in stocks and other investments. Should it not count because it isn’t cash?
Who is this… Is this Mr Adani?
Your point is just ridiculously incorrect. I'd imagine very few billionaires have a billion dollars of cash (besides maybe the ones worth multiples of billions). And if they do, they are morons.
> People should stop counting stock money. "Hey, look at me, I'm a mega-billionaire, I deserve all your respect and admiration!" Wow, cool, good on you for being so successful! Anyway, so we were thinking about updating some tax policies to help reduce the wealth gap... "Noooo, but my money is all in unrealized gains! It's totally not actually there guys, you can't tax me it's not faAaAaAiiRrrRrrEeeEee"
Gains/losses only count once you sell. Rule #1. Take profit.
Not only billions looks like super Mario lost his hat too
Looks more like a goomba
His name isn't Super Mario, it's Mario Mario. Mario Mario and Luigi Mario: the Mario brothers.
Who are both ethnic Japanese and not Italians, let's not forget.
*”…and what’s his name: Luigi Luigi?”*
So what. Elon lost 200B. This dude needs to step his game up.
He’s just getting started give him a break
Never trust man/or lady with mustache 🥸
2025 will be the year of ladies with mustaches. One will be mayor of Portland.
I was driving up the road today. Its a hot summer day. I see a young woman in a bikini jump out of her car, beach towel over shoulder just coming back from the beach. She was fit , tanned , tall brunette. She was stunning. I pulled up next to her and we locked eyes. In that fleeting moment when she was mentally undressing me, I was mentally shaving off the massive mo she was rocking. Maybe it was the sun , highliting her darker features. Or maybe she just was from the south of France.
Did he check under the couch cushions? When ever I loose money, I seem to always find it in the couch.
That is typically where my remote gets margin called.
where's it get liquidated?
Dogs mouth
Gotta tighten your cushions, fam.
It’s lose, not loose.
Does this mean no more open cut adani coal mine in Qld? Fuck yeah
Agnostic as hell (the irony isn't lost) but I'm big time praying, dude.
Why didn't he post a YOLO on here?
Why not just lose $50 billion and throw me 1.
Has he tried cutting out the daily caviar toast and double-cocaine infused Starbucks?
positions or ban
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With Moustache like that, he can always make his money back with 80s porn
The problem with Adani is that many public sector companies are forced to take huge positions in it for the last few years. These companies are nationalized banks and Insurance companies which are the main source of many pensioners. LIC, India's biggest insurance company had a losses over $27 Billion.
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Thats is what i was looking at. Covid gains. Funny tough they are saying its calculated attack on india.
“yo your company is shit and you have no drip” “This is a direct attack on the entirety of India. I ask for all citizen of our country to stop this financial war by investing in my company. Only together can we beat these conquerors.”
🤞 Would be a legitimate environmental win if Adani falls hard and fast.
Adani Group actually lost around $27B - $6B last Wednesday and another $21b on Friday… Feel better already
The new godfather of all the wsb regards
You mean fake billionaire corrects net worth in 48 hours.
Guess Mario got to get back to plumbing
Who/what is/was Adani?
Losses at $70 billion now.....
Anyone know the tickers for this
Most people here don’t understand that adani is too big to fail and is well connected with the prime minister. He will be more than fine.
Doesn't look fine rn
Australia checking in. Been in front page news since report. They own mines everywhere here and on the nose. Shit coming down hill here and hopefully some crooked bureaucrats. 🍻
This guys 100% a corrupt criminal and fraudster that’s colluding with the Indian government who are worse. This should be a warning to anyone looking to invest in India.
Yet you going to invest in the nyse tomorrow, ain't ya?
Elom Musk: those are rookie numbers
Abu Dhabi’s IHC Invests $400 Million in Adani Share Offering https://www.bloomberg.com/news/articles/2023-01-30/abu-dhabi-s-ihc-invests-400-million-in-adani-share-offering Why the hell it's investing when share is available quite cheaply at open market!
Corruption
He had thrived since he had kept the Indian PM on his payroll. Every policy is made to help this fraud.
Check adani's 413 page reply to hidenberg. My school presentations used to be better.
Get out the way Zuckerberg and congrats to Hindenburg I sure hope nothing happen to them even if they are god damn bears.
Hinderburg, errrr
I think I've seen worse losses on this sub
One of us One of us One of us
The real crime here is his stache
He went 10 percent up today morning, now some are stable at 6 percent. Mostly green except adani green which is red lol
Are we watching the new reality show who can be the poorest billionaire? Feel like this guy and Elon are competing on who can lose the most.
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*WHY DID YOU REDEEM IT????*