In a classic scene from the show "Silicon Valley," investment pro Peter Gregory observes the Gate seed on a hamburger, showcasing the wisdom and caliber of top traders!
He started with those small Gates on the buns from Burger King, calculating how many Gates are needed for the global hamburger sales (for example, if the Big Mac sells millions every day, and each bun has 178 pieces). Then, he found that the cicadas in Myanmar emerge every 13 years, while those in Brazil emerge every 17 years, and astonishingly, they will both erupt next year (this is the first time in 221 years), which will lead to a significant reduction in the Gate crops in these areas. What was the result? The Gate futures price in Indonesia was extremely low, bought in and flipped for a profit of 68 million dollars.
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In a classic scene from the show "Silicon Valley," investment pro Peter Gregory observes the Gate seed on a hamburger, showcasing the wisdom and caliber of top traders!
He started with those small Gates on the buns from Burger King, calculating how many Gates are needed for the global hamburger sales (for example, if the Big Mac sells millions every day, and each bun has 178 pieces).
Then, he found that the cicadas in Myanmar emerge every 13 years, while those in Brazil emerge every 17 years, and astonishingly, they will both erupt next year (this is the first time in 221 years), which will lead to a significant reduction in the Gate crops in these areas.
What was the result? The Gate futures price in Indonesia was extremely low, bought in and flipped for a profit of 68 million dollars.