it is not particularly valuable for me in this position to discriminate between lies, exaggeration, errors, poor forecasting, insanity and so on. they all work out more or less the same, they all can variable be learned away or overcome, or not. I erred some time ago describing SKS' statements as irrational exuberance vs outright lying. overtime I came to feel he was a megalomaniac to the point where, again, discriminating between these things was entirely irrelevant. early on I judged him for poor forecasting (and I divested), it seem to improve (I invested), later his statements became entirely unmoored - his pie-hole became a firehouse of randomly assembled metaphors, insults, predictions, finger-pointing and self-aggrandizement (again, I divested). I thought his open market purchase of equity was overtly cynical, the contempt he showed for everybody and everything guaranteed his in-educability. I doubt he will ever turn an inward eye, but people surprise all the time. I will be stunned if Rivetz attracts capital (or not, i've seen some crazy people and things attract capital).
In the end I just don't care what he is or was. In the end there were SEC filings which one could choose to heed or ignore, there were forward looking statements one could choose to measure or not. I do believe at some point he only elevated his recklessness as the evidence was strong that there would never be consequences or accountability.
Then BS somehow was let into the building, pops withdrew support, and only the habitual finger pointers (GG, NB?) had his back to the point where even an inside stacked deck would no longer deal him in. He likely loathes those who let BS into the building as well of those who allied with him.
Oh well.
The above content is my opinion.
