I missed the boat on Nvidia and the near 200% explosion of its stock price in just one year, with a market capitalization about to eclipse the entire London Stock Exchange.
I thought I was sharp, but my Charles Schwab portfolio is only rivaled in its failings by my DraftKings sports betting account and its emphasis on struggling golfers and West Ham United.
However, there’s one investment scheme where my political friends and I are Wall Street Apes: the New York City campaign-finance system.
Cha-ching!
One glance at the indictment against Mayor Adams shows how the system is ripe for abuse.
Despite the hype, taxpayer-funded elections are not a prophylactic against political corruption, but instead have often enabled it.
The reason is plain. If you think Nvidia had a meteoric rise, buckle up while I tell you about the guaranteed payouts of the…
