TWiST News: Bitcoin, Saylor's Microsoft Pitch, and the Delaware-Tesla Fight | E2054
Jason and Alex discuss Michael Saylor’s pitch for Microsoft to shift shareholder returns into Bitcoin, the Delaware court's ruling on Tesla pay, and more!
Key Points
- Bitcoin is often marketed as an uncorrelated asset, but historical trends show it is highly correlated with stock market movements, especially during periods of economic speculation.
- Michael Saylor's advocacy for Bitcoin as a superior asset for corporate treasuries is based on selective data and persuasive techniques that emphasize potential outsized returns, while critics argue it overlooks the diverse needs and risk appetites of investors.
- The Delaware court's ruling against Elon Musk's compensation package at Tesla has sparked significant debate among business leaders, with many arguing it undermines shareholder authority and the predictability of corporate governance in Delaware.
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Transcript
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