GRIT has hired its first AMBASSADOR!

Welcome @perfiliev who left his Quantitative Analyst position at Goldman Sachs to join us!

...there was a bit of time in between but you get it ;)

How long until Wall Street realizes their talent is burning suits to join GRIT?

Time for 🧵
2/ In one corner: Goldman Sachs.

An old, stodgy investment bank with conflicts of interest, literal printers, and stuffy suits who still thinks the 60/40 is the perfect portfolio. Image
3/In the other corner: GRIT CAPITAL

A cutting-edge financial media company helping the masses make money in stocks with zero offices, no paper, no suits, the 80/20 portfolio, and *diamond hands*

Who would you choose? Image
4/ Sergei chose GRIT!

He comes to us most recently from Goldman Sachs where he was a quant analyst

He has 10+ years of experience in roles across Equity, FX and Commodity markets and is constantly putting out amazing content!

5/ Sergei will write a Tuesday newsletter for GRIT.

Using his expertise in quant and options he will reveal what Wall Street doesn't want us to know is brewing beneath the surface.

A fresh take that GRIT subscribers will LOVE!

Subscribe NOW 👇
[gritcapital.substack.com]

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Keep Current with Genevieve Roch-Decter, CFA

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More from @GRDecter

25 Oct
Blackrock manages more money than God.

So when they talk, you better listen…I did!

They addressed the 5 biggest fears facing investors.

Time for a thread 👇
1/ FEAR #1: Stagflation could be coming to our doorsteps…

BlackRock: False. This is not the 1970s.

Inflation is transitory.
2/FEAR #2: Demand destruction

BlackRock: False. The downward shift on the demand curve will not be permanent.

They don’t think that this will happen with lumber (already reversed course after falling from record highs).
Read 16 tweets
18 Oct
JPOW, JUST PRINT MORE MONEY!!

“Money printer go brrrrr” sounds amazing!

But as the printer continues to RAGE, what does this mean for interest rates?

For your stock portfolio?

Time for a thread 👇
1. While watching CNBC, FOX or any stock market commentary, you may notice discussion of interest rates and its effects.

But what does it mean?

Simply put, an interest rate is the cost of using someone else’s money.
2. But what most market pundits refer to is the rate set by the federal open market committee.

➡️ This is the rate that banks borrow money and lend money at!

This economic activity has effects on both the stock and bond markets.
Read 15 tweets
21 Sep
Evergrande is NOT 2008.

Time for a thread 👇
1. Not interconnected to the global financial system:

- Debts are mainly owed to Chinese companies.
- Didn't happen overnight, problems started last year when the pandemic slowed down sales.
- Anyone that still owns their debt may need to find another job.
2. No blowout financial crunch:

- TED spread FINE
- TED spread is difference between the interest rate on short-term U.S. government debt & the interest rate on interbank loans.
- In 2008, the TED spread exceeded +300 bps, breaking previous record set after the crash of 1987.
Read 7 tweets
30 Aug
Today is Warren Buffett's 91st birthday. With a net worth of over $100 billion dollars, he is undoubtedly the greatest investor of all time. To celebrate, here's a thread of 91 life lessons from the investing genius:
1. You only find out who is swimming naked when the tide goes out
2. It takes 20 years to build a reputation, and five minutes to ruin it
Read 92 tweets
1 Jul
Oil is on a helluva run… crushing the S&P and NASDAQ this year!

Time for a thread 👇
You’re going to call me a hypocrite.

Because last week I was touting ESG and this week I am talking about my oil holdings!

But the truth is, in order to live the lives we do today, we have needed and still need oil.

It’s the lifeblood of nearly everything we consume.
And now that revenge travel & shopping is upon us and storage levels are running near record lows…

Gas stations are literally running out of gas 👀
Read 23 tweets
29 Jun
Did you know Tesla’s biggest profit center is CARBON CREDITS?

Did you also know carbon credits are hitting all-time highs in Europe, up 135% over the last 12 months.

The Wall Street Journal even called them a HOT commodity – maybe the next OIL ;)

Time for a thread 👇👇👇 Image
This week, in <5 minutes, we’ll cover carbon credits:

GHGs 👉 Carbon dioxide production
Carbon Credits 👉 Tradable certificates
Assigning responsibility 👉 Track carbon on a micro level (blockchain!)
Examples in the market today 👉 Corporations driving change

Let’s get started! Image
1.1/ Greenhouse gases (GHGs) 👉 CO2 production

Carbon dioxide being released into the atmosphere is the primary cause of global warming. This is done in two ways: natural and human.

Natural: forest fires occur, volcanoes erupt, etc.
Human: wood, coal, natural gas burning.
Read 22 tweets

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