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I would like CEOs saying stuff like this to be forced to take own-money bets on it. I'd like to get in on that action...


For publicly traded companies (which X no longer is) you can always get in on the action, and short the stock.

For privately held companies, what difference does it make what they say? (to anyone else other than the actual stakeholders)


Not their own money though. That's the key.


I mean... Don't they?


No. Not their own money.




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