About it and how the Company Plans to fight continued covid and political misinformation. The former Economic Council director gary cohn urging congress to pass more stimulus now. A sneak peek of my wideranging interview on everything from bitcoin to spacs, coming up. U. S. Stocks fell from records as ofestors weigh the prospects risk. Zoom video just reported after the bell. Abigail shares modestly lower in the after our market trading. For any other stock, it would be a pretty decent decline of about 4 , 5 . Forume video, it is a zoom video, it is a modest decline. Their sales basically quadrupled in their fiscal third quarter. Upy beat adjusted earnings, 6500 . They put up a penny a year ago. In this quarter, they put up . 66. You do have the stock down, probably because this is one of those high flyers on the year. Thanthis report, up more 600 on the year. They essentially got perfection at least ahead of the call. It appears they wanted just a little bit more. Relative to a stock
The news. Right. And people laugh theres means going around that every investor is a legendary investor. But stand back and dollar and bill miller are 2 legendary investors. This is huge quote from stanley druckenmiller. Im a bit of a dinosaur, but i have warmed up to the fact that big queen could be an asset class that has a lot of attraction as a store of value says legendary investor stanley druckenmiller. Well, this is the poster jones effect, a member on this show 1st of all for 10 years. Ive been talking and he said the game theory baked into the protocol works its way through bigger and bigger trenches of the financial world. So 1st it started off with collectors and speculators and hackers and then it moved on to the corporate level and then it moved on more to with Michael Saylor over there. Micro strategy, a corporate balance sheet. Strategic reserve love on. Now its moving up to the biggest managers of wealth in the world whove been its literally trillions and trillions of 1
Now they have financed raid alyea says he might be missing something about bitcoin. This is the learning curve of decline. People dismiss it, and then they notice the people around them getting rich. Like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at because i like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crumbling fia money and boring gold that cant keep up. Hes got no choice, hes got no choice but to buy bitcoin. So now hes, hes about to make a big purchase. I saw some blocks trading today, probably is right. Dahlia bridgewaters worth hundreds of billions of dollars. Im sure hell put at least 5 percent of the
Encourage native americans in nevada to vote in exchange for gift cards. Helping joe biden win the state 27 live from the russian capital. This is all teams national from the whole team here in moscow. Hello, im well well to get a stop to decide on the rest has flared up and subtle paris over a new bill criminalizing the filming of Police Officers, as crowds gathered in the city center they were pushed, bought with water cannon. Thanks. Thank. 8 you thank you. Who was thousands of people attended the rally in central park throughout the evening. The new restrictions have been approved by the national assembly. Thats the lower house of parliament. Late to go up to the senate. The reforms were drafted off to a Police Station in southeast paris was stoned by a mob on 2 front crackers and metal bars. Now is tossed. The socalled Global Security bill will ban the distribution of images in which Police Officers can be identified for malicious. Papa says offenders could be jailed for a year or
Ill be back in about 60 minutes with more hope to see you. Then i am max keiser. This is the very kinds a report in no, never discount the power of meaning. Yes. Max, my favorite mean of all time, really, i think thats the heart of all the stuff that is going on. Whether it was the failure to predict what happened in 2016, both in the us election and breaks. And now in 2020, is that when you create this fantasy world around you of money printing price, propaganda, and political misunderstanding where you never leave your bubble on twitter of all blue checkmarks where you never, it leaves your manhattan elite circles or d. C. Circles. Then you dont understand the people and once again, you know, as we saw, and as we see this unfolding boat disaster around us. This mean tells everything you need to now. Its, heres the screaming pollsters, the screaming mainstream cable news media yelling at the people that the people got it wrong. They got it wrong. Its, this is reality. Thats the cat ca