The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, Scott Bessent, the treasure hoarder, filled his sails with doubloons while the seas of 2022 were stormy!

2024-11-29

Arrr, matey! President-elect Trump’s treasure keeper be a scallywag named Scott Bessent, whose ship, Key Square Capital, caught a bountiful haul o’ 29% doubloons in 2022, sailin’ smooth even as the seas o’ inflation tossed the rest o’ us overboard! A true jolly roger of finance, he be!

Arrr mateys, gather 'round me hearties, for I've a tale from the high seas o' finance! It be about a scallywag named Scott Bessent, the new treasure keeper for President Trump, aye! This buccaneer operates a hedge fund, known as Key Square Capital, that be sailin’ the stormy waters of the market with nary a fear!

In the tumultuous year of 2022, as the global markets were flounderin' like a fish outta water under the relentless grip o' inflation, Bessent's ship was sailin' steady. He had the savvy to wager that the tides of inflation would be stickin’ around longer than the ol' Federal Reserve thought, savvy? And lo and behold, his flagship fund scored a treasure chest of a 29% return! Aye, while the rest o' the market be sinkin’ faster than a ship with a hole in its hull, Bessent be laughin’ all the way to the bank!

So here be a lesson for ye, me hearties: in the wild world of finance, sometimes ye gotta be bold, or ye’ll be left marooned on the shores of mediocrity. Fair winds to ye, Scott Bessent, but beware the sirens of greed, lest ye find yerself in Davy Jones' locker!

Read the Original Article