Thread by @FabiusMercurius

Each week I write a 🧵about investing, startups, or a cool market segment. All of it is knowledge my mentors & friends have taught me over the years.
🙏💗Now I'm passing it forward.

Here's a megathread of all past & future 🧵s. I'll be updating as we go. If you <3, plz share!
👇

1/ 💸 Jim Simons’ Playbook: King of Quant 💸

90% of active managers fail to beat the market, but Medallion boasts >40% annualized returns.

What gives?
Hint: it's more than math. 👇
bit.ly/3etG1qH

2/ 💰 George Soros' Playbook 💰

So many ppl talk about Soros ("he broke the Bank of England!", "Reflexivity FTW!") but it's so hard to find clear, easy-to-follow explanations of:

i.) what reflexivity actually means
ii.) the significance in 2021 👇
bit.ly/3ij9mVP

3/ 👺 12 Ways to Spot a Lying CFO 👺

Stocks move on earnings, so execs will manipulate earnings. How can u spot their accounting gimmicks ahead of time?

@goodalexander and I give a rundown of the top shenanigans execs use(d) to cook their books. 👇
bit.ly/3xN07DX

4/ 🌴⛵️ Tax Evasion For Traders & Founders ⛵️🌴
(How Billionaires Pay Less Than Secretaries)

With tax season around the corner, here’s a compiled list of (mostly legal) hacks to reduce your future bleeding. 👇
bit.ly/3rfHeXP

5/ 🧐How to Read 10Ks Like a Hedge Fund 🧐

“Fundamentals don’t matter anymore!” I’ve heard this a lot lately on Fintwit.

But, for those who’ve diversify beyond $GME and $DOGE, here’s a primer on what metrics fundamental buy-side PMs look at and why. 👇
bit.ly/3BdyYMo

6/ 📝 How to Make Sense of Earnings Calls 📝

You hear about the week's hottest earnings & excitedly tune in to your 1st call.

[ 2min later ]
"What r they talking abt? How does this help me trade??"

So many metrics, which are important?
Here's a guide.👇
bit.ly/3ewMO2R

7/ 📉Why #Inflation Triggers A Sell-Off? 📉

News of CPI surging 4.2% sent equities & crypto to hell.

WHY??

What are the mechanics of how inflation affects equities, and why is tech falling hardest?
A thread on inflation's 1st & 2nd order effects. 👇
bit.ly/36HCOiP

8/ 🪞 How Hedge Funds Do Post-Mortems 🪞

"Pain+Reflection=Progress" ~Ray Dalio
The post-mortem is the hedge fund PM's leg day: can't skip. It's a systematic exercise that mega boosts performance.

@2ChaseGreatness & I explain how to properly do one👇
bit.ly/3ip1EJE

9/ 💻Tech Sector Primer 💻

The analyst next door won't shut up about the weather. "Cloud. Fog. Lakes. $SNOW!"

Soon it'll be animals. "Hive. Pig. Python!"

Welcome to tech, the most confusing sector w/ the most confused investors. 👇
bit.ly/3kpwNzs

10/ 💿Semiconductor Industry Primer 📀

Semis are 🔥🔥 in 2021! But how to trade ‘em?
Hot take: chips trade like oil, not tech.

- Ecosystem overview
- Supply chain
- Drivers
- Macro catalysts
- What's going on in 2021?
(The COVID run-up & sell-off)
👇
bit.ly/3BhUjEi

11/ 📈 Investing through inflation: What to buy? What to avoid? 📈

Everyone’s talking about inflation.
Dalio. Druck. Buffett.

Is exploding inflation a real concern or just another cock-n-bull from 2008 PTSD?
And how can you win with ur portfolio? 👇
bit.ly/36IzvI9

12/ 🍿 AMC Gamma Squeeze Explained in 3 Pictures 🍿

Best time to learn about gamma squeeze was for $GME.
2nd best time to learn is now. For $AMC.

You don't needa understand gamma, vega, vanna, theta. You just gotta understand 3 simple pictures.👇
bit.ly/3xTRyHy

13/ 💉Biotech Industry Primer 💉

A hot nurse stabs one in ur arm. Wohoo! Ur immune to COVID!

Now how did this lil vax make it from bench to bedside?
An overview of the biotech market from pre-launch FDA approval to post-launch supply chain & pricing. 👇
bit.ly/3BbKsQy

14/ Corporate Debt: A Need-to-Know Guide for Equity Investors

1/ Get a cup of coffee.

In this thread, @10kdiver and I explain how & why you should add corporate debt analysis to your investment research. 👇
bit.ly/36NxpGQ

15/ 🎶Trader Jargon 101: How to Talk Like a Real Trader🎶

Learning the lingo was the #1 biggest hurdle that I experienced on the trading floor.

Here's 20 top terms to get you sounding smart. 👇
bit.ly/3ijcrFn

16/ 🏦Fed Jargon 101: A Primer on Hawks, Dots & Monetary Policy 🏦

Every trader obsesses about the Fed.
Why?

A 🧵 on how the Fed moves markets, controls your PnL & the odd lingo we use to talk about it. 👇
bit.ly/3riIr0z

17/🕸️Inside the Ransomware Economy 🕸️

Maybe it’s taboo to learn business strategy from a cybergang. But the ransomware industry-- from supply chain operations to market microstructures-- is truly genius. 👇
bit.ly/3ksPxhk

18/ 🤖What "alternative data" do hedge funds use? 🤖

Dataminr raised $475M at $4.1B valuation 👀

Hedge funds used to swarm at "alternative data" like pigeons at bread crumbs.
Why?
What constitutes alt data?
Does it actually generate investment alpha? 👇
bit.ly/2UlQE80

19/🙈5 Startup Lessons I Learned The Hard Way🙈

6 months ago I left as CTO/co-founder of my first startup.

Here are my biggest mistakes & takeaways so that hopefully you avoid them. 👇

20/ 👟How to side-hustle $10k+ a month👟

A friend of mine has zero finance background, never reads Buffett and makes 40% returns trading.

How?
He flips sneakers. 👇

21/ 💰8 Billion-Dollar Fintech Trends Before 2030💰

Gary Gensler's on a witch hunt
Chinese Edtech's melting faster than quicksand...

What's next??

Here's 8 consumer fintech trends that MUST HAPPEN this decade👇

22/ All about SPACs!

SPACs -- You've certainly heard of them. Maybe even traded a few! But like ... how do they actually work again?

This🧵dives into:
What are SPACs?
When/why to invest in a SPAC?
Risks in the "investor journey"?
Why 2020's explosion?
👇

23/ A Brief History of Options

24/ 🥷 Carl Icahn’s Alpha 🥷

#1 most feared investor on Wall St.
31% annualized returns since 1968.

How did he do it?
Carl Icahn’s playbook.
👇

25/ Alpha vs. Beta: Properly Measuring Your Returns

26/ Ray Dalio On How the Economy Works

27/ The Game Theory of Investing + Dating

28/ Evergrande Meltdown

29/ Beyond Evergrande & Contagion

30/ American Shadow Banks

31/ Crypto Market Map

32/ Exchange Microstructures

33/ Controversial (maybe?) Take on Yield Farming

34/ Where Crypto Yield Comes From

And why it’s so damn high
And is it sustainable?

https://t.co/GDUxFFNWCS

35/ DeFi's biggest unsolved problem: X-margining

36/ Institutional Crypto Strategies

37/ Crash Course on Options Trading

38/ Making Sense of Options Chain Data

39/ Hot-takes on Debt

40/ Ten Trading Hacks Nobody Talks About

41/ Ten Books Every Investor Should Read

42/ Learn About Options!

43/ Kelly Criterion

44/ Factor Investing Explained:

45/ Bear Market + Defi Yield Farming

46/ The 11 Economic Moats You Gotta Know

47/ Resources for learning fundamental investing

48/ One-time earnings bombs to learn and pay attention to 💣

(More fundamentals!)

#SucceedingInBearMarkets

49/ Day in the Life of a Pod Monkey

(the haters r enraged by their own cognitive dissonance)

50/ Hidden Fuckery in Equities Market Structure

51/ Different Types of Hedge Funds

52/ What is Private Equity?

53/ Crash Course on Industry Analysis