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Dr. Parik's Meme Diagnosis of the Week: Bill Gates' Divorce, Elon's Doge Dip, and Inflation Drama

By Dr. Parik Patel

<html><body><p><span style="background-color:transparent;color:#000000;">Hi, I’m Dr. Parik Patel, BA, CFA, ACCA, Esq. If you don’t know me already, I’m a Chartered FinMeme Analyst (CFA) with a particular expertise in #stonk valuation (pro-tip: just multiply by two). Anyways, I’ve been told that I have a particularly special insight into the world of finance and memes, so the team at Bullish asked me to create </span><a href="http://bullish.studio/articles/dr-parik-meme-diagnosis-interview-tweet-covidrelief-NFT-charity-2021"><span style="background-color:transparent;color:#1155cc;"><u>a regular round-up</u></span></a><span style="background-color:transparent;color:#000000;"> to help explain what the hell happened this week… and then offer my “diagnosis” of the virality. </span></p><p><span style="background-color:transparent;color:#000000;">This has been another action-packed week, featuring fresh tea spills in regards to Bill Gates’ divorce from Melinda, inflation concerns slamming tech stocks, and Elon Musk surprising the global cryptocurrency community by halting Tesla transactions in Bitcoin (citing environmental concerns). </span></p><p><span style="background-color:transparent;color:#000000;">Once again, big stuff is going down, but what does it all MEME? Without further ado, let’s dive into <strong>Dr. Parik’s Meme Diagnosis of the Week...</strong></span></p><figure class="image"><img src="https://lh6.googleusercontent.com/124g9Lb69xrqPDyKX58NRJ6jkxKePKcAzlq3FqvMuHyrCOEcHh9zR1Yk4AW9fil6WBaWKgdo-G4pM97i3ZX1sq1vrKnjGnmcMxo03xpBLz8NAodunOo6mNcTFJDGvlzsezuz6GgQ"/><figcaption><span style="background-color:#ffffff;color:#000000;"><i>Image via </i></span><a href="https://twitter.com/ParikPatelCFA/status/1389333411358253057?s=20"><span style="background-color:#ffffff;color:#1155cc;"><i><u>@ParikPatelCFA</u></i></span></a></figcaption></figure><p><span style="background-color:#ffffff;color:#000000;"><strong>Summary: </strong>In case you haven’t heard already, Bill and Melinda Gates are getting divorced after 27 years of marriage. A </span><a href="https://twitter.com/BillGates/status/1389316412259270657?s=20"><span style="background-color:#ffffff;color:#1155cc;"><u>statement released by Melinda and Bill</u></span></a><span style="background-color:#ffffff;color:#000000;"> said that they “no longer believe they can grow together as a couple in this next phase of their lives.” Some media coverage even alleged that Bill told close friends on the golf course that his marriage was “loveless” prior to announcing the divorce.</span></p><p><span style="background-color:#ffffff;color:#000000;"><strong>Dr. Parik’s Diagnosis: </strong>Money clearly can’t buy everything. According to a source close to the couple — one who has MD, BA, CFA, and ACCA accreditation, *ahem* — Bill was possibly both micro and soft in the downstairs department. I wish Bill and Melinda all the best as they enter into a new chapter of their lives.</span></p><figure class="image"><img src="https://lh3.googleusercontent.com/fOaVXRcwsuDTzQOLYbmd9yO3uv2N3N3VlXZ7FYW--SXhb7k1EzaZixy5NEJTKvhTaEFB2I22OwPNc-TpZnKQ5mT4AnebutsGsuWYn8GK9jZ1c4wlmjfYqQSKljvawPDAYyc0FRgT"/><figcaption><span style="background-color:#ffffff;color:#000000;"><i>Image via </i></span><a href="https://twitter.com/alifarhat79/status/1392083774918299649?s=20"><span style="background-color:#ffffff;color:#1155cc;"><i><u>@alifarhat79</u></i></span></a></figcaption></figure><p><span style="background-color:#ffffff;color:#000000;"><strong>Summary: </strong>Tech stocks have taken another hammering as inflation concerns have resurfaced, following an unexpectedly-high inflation reading in </span><a href="https://www.nytimes.com/2021/05/12/business/inflation-consumer-price-index-april.html"><span style="background-color:#ffffff;color:#1155cc;"><u>the most recent CPI report</u></span></a><span style="background-color:#ffffff;color:#000000;">. The S&amp;P 500 index suffered its biggest one-day decline since February after inflation hit 4.2% for April.</span></p><p><span style="background-color:#ffffff;color:#000000;"><strong>Dr. Parik’s Diagnosis: </strong>Stock market declines are not your enemy. They are a great opportunity to snap up excellent companies at bargain prices. As the great Ben Graham once said, “Blessed is he who buys the dip.” Diamond hands, baby! </span></p><figure class="image"><img src="https://lh6.googleusercontent.com/2YBzIWJ9QlKK4Q8Ok92ps7Y9gEmw9RaElMtHXywjCNsnZEdBPB3jOIeHk_fHu4-zrK5R0VKbg3Lz3zl9AB0hfXt0Voi8vut0brXGNcbPSzVxTQ1vGRIWjLNu9ovelsAUGNAF72u7"/><figcaption><span style="background-color:#ffffff;color:#000000;"><i>Image via </i></span><a href="https://twitter.com/greg16676935420"><span style="background-color:#ffffff;color:#1155cc;"><i><u>@greg16676935420</u></i></span></a></figcaption></figure><p><span style="background-color:#ffffff;color:#000000;"><strong>Summary: </strong>CFA stands for Chartered Finmeme Analyst, but it can also stand for Chick-Fil-A. The popular restaurant chain is currently limiting the number of sauces that it’s giving out to customers due to supply shortages and limited stock.</span></p><p><span style="background-color:#ffffff;color:#000000;"><strong>Dr. Parik’s Diagnosis: </strong>In case you doubted the power of diamond hands, keeping those unused sauces in the cupboard for a few years would have finally come in handy. In fact, you could try to sell them back to Chick-Fil-A for a tidy profit. Now that’s what I call a deep value arbitrage opportunity.</span></p><figure class="image"><img src="https://lh3.googleusercontent.com/Ryx0LPHpzZbtcJaDT2GgEnsmRqpV8YkMxe5h1arZuiyiOt11usiFRsgnA_LJCRSdqB8HIfRsFDoR0svwQBkNhGhoEHr4GDyFFbC0NP7M8QH-wxFtwLKGWuCHfzOX0B09TcmRpiZx"/><figcaption><span style="background-color:#ffffff;color:#000000;"><i>Image via </i></span><a href="https://twitter.com/litcapital"><span style="background-color:#ffffff;color:#1155cc;"><i><u>@litcapital</u></i></span></a></figcaption></figure><p><span style="background-color:#ffffff;color:#000000;"><strong>Summary: </strong>For some more optimistic news, New York is cautiously reopening as vaccine rollouts and distancing measures have curbed the COVID-19 pandemic. Starting May 19th, restaurants, museums, theaters, and retail outlets </span><a href="https://deadline.com/2021/05/new-york-city-movie-theaters-governor-andrew-cuomo-capacity-restrictions-social-distancing-1234749067/"><span style="background-color:#ffffff;color:#1155cc;"><u>will be allowed to reopen at full capacity</u></span></a><span style="background-color:#ffffff;color:#000000;">.</span></p><p><span style="background-color:#ffffff;color:#000000;"><strong>Dr. Parik’s Diagnosis: </strong>With city workers slowly getting back to their office routines, the Midtown uniform has been spotted in its full glory. Patagonia vests are back. Yes, nature is healing.</span></p><figure class="image"><img src="https://lh5.googleusercontent.com/fiFjgPX2eRVOxEZF92iEfJx2S3DgDsmIu8MdWDlKs70VIxL5wQc4jPl3LZAcG6Ho-S_xb204YR1BX6R0TT3d1B3KzWp53RHBU56afKewqltPU4rJbP6dPgtFDeUYDSA4rYEe69t5"/><figcaption><span style="background-color:#ffffff;color:#000000;"><i>Image via </i></span><a href="https://twitter.com/RampCapitalLLC/status/1392666700437508096"><span style="background-color:#ffffff;color:#1155cc;"><i><u>@RampCapitalLLC</u></i></span></a></figcaption></figure><p><span style="background-color:#ffffff;color:#000000;"><strong>Summary: </strong>A meme summary would not be complete with at least one mention of Elon Musk. After purchasing $1.5 billion of bitcoin and accepting it as a method of payment earlier this year, Tesla has stepped back and stopped accepting the cryptocurrency as a payment method, citing environmental concerns about the use of fossil fuels when mining bitcoin.</span></p><p><span style="background-color:#ffffff;color:#000000;"><strong>Dr. Parik’s Diagnosis: </strong>It’s no coincidence that just a day ago, Elon Musk tweeted a poll asking whether Tesla should accept dogecoin for payment. My guess is that he wants to substitute bitcoin payments for dogecoin. Clearly, it’s only a matter of time until Doge replaces the US dollar.</span></p><p><span style="background-color:transparent;color:#000000;">So there you have it! That was the week in memes. Now here’s what the doctor is prescribing:</span></p><ul><li><span style="background-color:transparent;color:#000000;"><i><strong>Infinite money will not prevent a divorce (and make sure you’re packing)</strong></i></span></li><li><span style="background-color:transparent;color:#000000;"><i><strong>Stockpile tendie sauces with diamond hands</strong></i></span></li><li><span style="background-color:transparent;color:#000000;"><i><strong>Wear your Patagonia vest with pride</strong></i></span></li><li><span style="background-color:transparent;color:#000000;"><i><strong>Get ready for the dogecoin standard</strong></i></span></li></ul><p><span style="background-color:transparent;color:#000000;">~ Dr. PP out</span></p></body></html>

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