MAD Macro - The Orange Mad King I Finds the Golden Truth
madmacro.substack.com
You Want to Take My Buildings? You Can’t Have Them. Faster Than a Speeding Bullet, Truth Social to the $3 Billion Rescue Letitia James thought the Orange Mad King I inflated the valuations of his real estate properties to borrow money. Can you imagine what she was thinking this weekend about how the market is going to value Truth Social? The Orange Mad King I owns 60% of Truth Social which is expected to start trading this week as a public company with a valuation of $5 billion. So the crazy guy who is guilty of inflating the value of his real estate holdings, now has holdings in a media company valued at $3 billion. Letitia, who is crazy now? Answer, the market. Truth Social’s total revenue for the first 9 months of 2023 was $3.3 million. Very funny Letitia, you thought he overvalued a golf course in Westchester, NY, who’s only member was Rudy. I am guessing that golf course in Westchester generates much more revenue than Truth Social and actually makes money. By the way, that golf course has the largest man-made waterfall of any golf course in the world. Or at least that’s what the Orange Mad King I says. The Democrats keep trying to kill the Orange Mad King I with lawfare. They actually keep helping him in so many ways. First, in the polls and now with more money than he made in a lifetime of overvaluing real estate in New York City.
MAD Macro - The Orange Mad King I Finds the Golden Truth
MAD Macro - The Orange Mad King I Finds the…
MAD Macro - The Orange Mad King I Finds the Golden Truth
You Want to Take My Buildings? You Can’t Have Them. Faster Than a Speeding Bullet, Truth Social to the $3 Billion Rescue Letitia James thought the Orange Mad King I inflated the valuations of his real estate properties to borrow money. Can you imagine what she was thinking this weekend about how the market is going to value Truth Social? The Orange Mad King I owns 60% of Truth Social which is expected to start trading this week as a public company with a valuation of $5 billion. So the crazy guy who is guilty of inflating the value of his real estate holdings, now has holdings in a media company valued at $3 billion. Letitia, who is crazy now? Answer, the market. Truth Social’s total revenue for the first 9 months of 2023 was $3.3 million. Very funny Letitia, you thought he overvalued a golf course in Westchester, NY, who’s only member was Rudy. I am guessing that golf course in Westchester generates much more revenue than Truth Social and actually makes money. By the way, that golf course has the largest man-made waterfall of any golf course in the world. Or at least that’s what the Orange Mad King I says. The Democrats keep trying to kill the Orange Mad King I with lawfare. They actually keep helping him in so many ways. First, in the polls and now with more money than he made in a lifetime of overvaluing real estate in New York City.