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How leverage turned $45 billion into $5 billion

Aug 1, 2026

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4 min read

How leverage turned $45 billion into $5 billion

A 25-year-old turned $225 million into $45 billion in two years. Then his own banks made him sell almost all of it in six trading days. Here's the exact math that did it.

Main St. Betz Lead Editor
Main St. Betz Lead Editor

market_school

Can you call earnings right and still lose?

Jul 25, 2026

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5 min read

Can you call earnings right and still lose?

Meta crushed earnings last quarter and still dropped almost 9% the next day. If you'd bought the call, you'd have lost. Here's the trap hiding in every earnings bet, and how to spot it before Wednesday.

Main St. Betz Lead Editor
Main St. Betz Lead Editor

market_school

The PayPal bet that knew

Jul 18, 2026

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4 min read

The PayPal bet that knew

Days before Stripe bid $53 billion for PayPal, someone dropped about $300,000 on call options that should have expired worthless. They ran up 500% instead. Here's how to read the tape, and the live setup it left behind.

Main St. Betz Lead Editor
Main St. Betz Lead Editor
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DISCLAIMER

This newsletter is for entertainment and educational purposes only. We are not financial advisors. We are a bunch of apes who figured out how to use a Bloomberg Terminal and a group chat at the same time.

Nothing here is financial advice. We don't know your risk tolerance, your portfolio, or how many times you've panic-sold at the bottom. Do your own research. Talk to an actual licensed professional before you YOLO your savings into anything we mention.

Past performance doesn't guarantee future results. The market doesn't care about your feelings, your conviction, or your "diamond hands." If you can't afford to lose it, don't trade it.

We may hold positions in securities mentioned. Trade at your own risk. Eat Cookiez responsibly. 🍪

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