100 000 Years to Coinflip 7/10
What if we only give it 20 years? To reach 50% in that time would require ~34,657 tickets per year. 💸
#TwentyYearPlan #CapitalIntensity #EuroMath

2 Bloomberg: “They’re some of the best business models the market has ever seen,” said Jim Morrow at Callodine Capital Management. “Now you’ve seen this explosion in #capitalintensity to the point where it’s now the most #capital intensive sector in the market. That’s just a radical change.” 🧵