Profile picture
Tren Griffin @trengriffin
, 3 tweets, 2 min read Read on Twitter
"The media keeps referring to Optionsellers as a 'hedge fund.' But that is NOT what it was. It was 290 separately managed accounts, all trading the same strategy." steadyoptions.com/articles/james…
When the tide inevitably goes out, you can discover who has been selling naked calls.

The biggest Optionsellers margin call is *only* $1.4 million dollars.
"All positions in these 300 accounts, which were managed by Optionseller an independent Commodities Trading Advisor (“CTA”), were liquidated." sec.gov/Archives/edgar….
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Tren Griffin
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @trengriffin see all

Profile picture
"According to the survey results, the median pay for full-time writers was $20,300 in 2017, and that number decreased to $6,080 when part-time writers were considered. The latter figure reflects a 42 percent drop since 2009, when the median was $10,500."
In my blog post on writing books I wrote: "6. Don’t expect to earn more than the minimum wage and be thrilled if you earn more." google.com/amp/s/25iq.com…
"In Mémoires (1759), Voltaire recalled how in his youth he had come across so many writers who were “penniless and held in contempt” that “he had decided not to add to their number.” laphamsquarterly.org/luck/voltaires… "Thanks to his fortune he was free to pursue his writerly life."
Read 3 tweets
Profile picture
"Companies can lose a lot of money in their early years but be wonderful businesses if they are acquiring customers with long lives and strong variable margins."

But some businesses just do the losing money part. A critical skill is knowing the difference between the two types.
Customer-based corporate valuation (CBCV) = valuing a business on a "bottoms up" basis by valuing the customers. In a subscription business especially, this is an essential process if you want to understand if real value is being created despite a lack of current GAAP earnings.
"CBCV isn’t about being profitable from day one. It’s about variable profitability in net present value terms (while still being mindful of fixed cost overhead of course!)" Determining whether a specific business is a delicious cheesecake or a turd requires detective work.
Read 6 tweets
Profile picture
“The Fasten Seat Belt sign is now illuminated. If you haven’t already done so, please check your cash and cash equivalent balances. Please lower your burn rate and make sure your defensive investments are in their full upright position.”
“If you find yourself needing an emergency exit from illiquid investments, please read carefully the special instructions card. Cash is more king than ever. If you can’t handle the haircut you are about to experience, please ask someone to do the selling to raise cash for you.”
“We remind you this remains an uncertain and no sympathy correction. No one knows anything for sure as is usual. Crying and whining is prohibited, including in the lavatories. Tampering with, disabling or destroying your brokerage statements is pointless and prohibited by law.”
Read 5 tweets

Related threads

Profile picture
The incessant attacks against the #Media by Trump are dangerous and this is taking it to a whole new level.

RT - Take the survey and show him what America thinks!

The new survey on Trumps official website "Mainstream Media Accountability Survey".

action.donaldjtrump.com/msm-media-acco…
1. Do you believe that the mainstream media actually cares about working Americans?

2. Do you believe that the mainstream media has unfairly reported on our presidency?

3. Do you trust MSNBC to fairly report on our presidency?
4. Do you trust CNN to fairly report on our presidency?

5. Do you trust Fox News to fairly report on our presidency?

6. On which issues does the mainstream media do the worst job of representing Republicans? (Select as many that apply.)
Immigration
Economics
Pro-life values
Read 17 tweets
Profile picture
At dinner, I learned more about corruption + racism built into society by our masters. A book we discussed (Zinn) was used as part of this "Left" resource's bibliography. I had to share. [A thread]

@BlackSocialists - thoughts on this resource?

historyisaweapon.com/indextrue.html
It very simply lays out the case that we are all being controlled. It covers hidden history of the United States including their (and, due to the systems created by our masters, our) racism. 

#racism #systemicracism #history
If you haven't been in school for a while (or are in a terrible school), some of the words might trip you up. Dictionary.com and Wikipedia.org are two good resources to help you.
Read 39 tweets
Profile picture
1/ [Thread]
Trump Tower Chicago: Media fraud, Mob contractors, casinos and shady investors
2/ Alex Jones' "InfoWars" is now broadcasting from the top of Trump International Hotel & Tower in Chicago.
3/ Late last year, Matt Dubiel, a local Chicago radio station owner, announced he'd won FCC approval and had "worked out an arrangement with the Trump Tower" to secure a transmitter on its roof.
trib.in/2kYrl62
Read 92 tweets
Profile picture
🔑THIS IS KEY🔑 💥Deutsche Bank’s “Private Wealth Division” bailed out Trump w help from Commerce Sec Wilbur Ross, Vekselberg, Rybolovlev & Robert Mercer (shares of BOC bought by Renaissance Technology)- ALL major shareholders in Bank of Cyprus - BOC💥 newsweek.com/2017/12/29/don…
🔥Look at names, biz & orgs here. See how they ALL tie together⁉️ See why Trump appointed @SecretaryRoss for Commerce⁉️Ackerman, Ross, Deutsche BOC Vekselberg, Rybolovlev- he bought Trump mansion for excessive amt. KGB Spy Strzhalkovsky, Renova Rosneft, Blavatnik, Fridman 🔥
Bank of Cyprus shareholder Rybolovlev managed to overpay Trump $40M for his Palm Beach mansion- only to quickly tear it down 😳Rybolovlev & Mercer’s yachts were seen anchored next to each other. RenTec, Mercer’s hedge fund uses tax haven at BOC🤔
Read 7 tweets
Profile picture
Now we've all caught our breath, here's everything you need to know about the biggest story in British media -- the battle royale for Sky (Thread 👇)
Media giants Comcast, Fox and Disney are all in the running to buy Sky. Why do they want it?
-- Big fans of Sky's technology, like the Sky Q box 📺📡
-- Want to diversify out of the U.S. 🌍
-- Want to beef up to compete with Netflix and Amazon 💪
bloomberg.com/news/articles/…
There's a fair bit of personal drama here. Comcast CEO Brian Roberts has a long history of going toe-to-toe with Fox executive chairman Rupert Murdoch and Disney CEO Bob Iger for media dominance. These are astute, battle-hardened deal-makers bloomberg.com/gadfly/article…
Read 48 tweets
Profile picture
"The Brexit referendum was the petri dish for the Trump campaign": the links between Team Trump, Leave & the Kremlin thetimes.co.uk/article/reveal…
"House Intel is investigating whether #CambridgeAnalytica played a part in promoting fake Russian messages ... inquiries have been fruitful"
Neil Kent, former convener of Cambridge Intelligence Seminar, which was accused of Kremlin links, speaking at strongly pro-Russian forum
Read 67 tweets

Trending hashtags

#Cressidadick #gmb #disclosure #ukbiz #accountability #CEOs #police #Journalism #Recruitment #bbcr4today #UPFight #appeal #Newsnight #Twickenham #r4today #UKParliament #Futureofwork #empire #legalnews #submit #examples #TicTocNews #TradeMark #Feminism #Eastsheen

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!