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MuddyWatersResearch
@muddywatersre
Part official account of Muddy Waters, LLC & affiliate Muddy Waters Capital LLC; part personal account of the CEO and Founder of MW.
Joined July 2010
1K Following    251.5K Followers
Free market capitalism is how the shittiest trader at DE Shaw became one of the world’s richest people - by leaving to start a business in his garage selling books over something called “the internet”. Or how a Harvard student started a business that kicked the ass of the incumbent, MySpace. Or how an immigrant took over a struggling EV half company to make it one of the most valuable companies on the planet. And then figured out how to launch satellites and astronauts at a fraction of the bloated incumbent’s cost. Saying we don’t have true free market capitalism because we have oligarchs is a bumper sticker slogan, but not reality.
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@muddywatersre The current system has long stopped to be a free market capitalism, and removing oligarchs from power and retaking some of their assets is not communism. To the contrary, it enables to restore free markets with a level playing field and also democracy.
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