Huh, are the assets only trading at 5B? I thought it was much closer to 150B? | Hacker News

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lordnacho on March 13, 2023 | parent | context | favorite | on: Joint statement by the Department of the Treasury,...

Huh, are the assets only trading at 5B? I thought it was much closer to 150B?

jsjohnst on March 13, 2023 [–]

No, GP is just foolishly conflating liabilities and assets and bank deposits and enterprise value among other issues if you read this and their other comments.

tl;dr - GP doesn’t have a clue what they are saying.

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