Genevieve Roch-Decter, CFA Profile picture
Nov 12, 2022 12 tweets 3 min read Read on X
FTX story is wild.

Here's what I found out so far.

🧵👇
1. FTX did not have a board of directors. Image
2. FTX donated $40MM to the Democrats. Image
3. FTX Chief Lobbyist has deleted his Twitter account. Image
4. FTX worked with auditing firm Prager Metis that has an office in the Metaverse. Image
5. SBF closed a founding round while playing League of Legends. Image
6. FTX org chart very complex. Image
7. FTX new CEO was former Enron bankruptcy lawyer. Image
8. FTX is a World Economic Forum "partner" Image
9. SBF investments span the ecosystem. Image
10. FTX purchased $300MM in real estate including in the "playground of the rich" Albany, Bahamas Image
This story is unfolding...

Please add to the list!

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More from @GRDecter

Aug 8
LAST WEEK JEROME POWELL SAID DOWNSIDE RISK TO EMPLOYMENT ARE “REAL NOW”

WITH THE U.S IN A RECESSION ACCORDING TO SAHM RULE...

TIME FOR A 🧵
1/UNEMPLOYMENT RISING:

Up 4 straight months, now at 3-year high of 4.3% Image
2/JOB OPENINGS DECLINE:

As the economy bounced back from COVID, employers scrambled to hire enough workers.

But that’s flipped fast:

- March 2022: 2 job openings per unemployed worker
- Today: Just 1 Image
Read 11 tweets
Aug 4
I've been investing in the stock market for 18 years.

Here are 10 things I do when there's a correction and I feel like dumping my entire portfolio...

Time for a 🧵
1. Drink a Cherry Coke and ask myself WWWBD: What Would Warren Buffett Do?
2. Look at charts upside down
Read 11 tweets
Dec 19, 2023
📈EVERY Major "2024 Outlook" from the World's Top Banks, Asset Managers, Private Equity & Consulting Firms

Credit and thank you to Anthony Cheung for posting on Linkedin.

Let's dive in!

BANKS (US):

J.P. Morgan

J.P. Morgan Private Bank

Goldman Sachs

Goldman Sachs Asset Management

Morgan Stanley

Bank of America

Bank of America Private Bank

Citi

Wells Fargo

BNY Mellon

State Street

Lazard

T. Rowe Price.

TD Securities

Charles Schwab

RBC Capital Markets shorturl.at/eltPT
shorturl.at/eyzHK
shorturl.at/gqLX2
shorturl.at/mCSW1
shorturl.at/jlmzA
shorturl.at/iuxyF
shorturl.at/ajsv7
shorturl.at/puW07
t.ly/2bF1E
t.ly/BCLLT
t.ly/p47tE
t.ly/ZkkUm
t.ly/e9b3d
rb.gy/nnjx81
rb.gy/lzcgh4
rb.gy/0guz6uImage
ASSET MANAGERS:

BlackRock

Amundi

M&G plc

Man Group

Wellington Management

Invesco US

Legal & General Investment Management (LGIM)

Schroders

Deutsche Bank (Wealth)

Allianz

AXA IM

PIMCO

Capital Group

Julius Baer (secular outlook)

Pictet

Vanguard

Fidelity

Cambridge Associates lnkd.in/eSxDA_bR
lnkd.in/ei6QXd7n
lnkd.in/e_PaFDwR
lnkd.in/edXtr7NP
lnkd.in/exnzD8_E
lnkd.in/egzQrPAu
lnkd.in/e7hjAkx6
lnkd.in/ewiRsg-t
lnkd.in/efw_cwRd
lnkd.in/ehuSey7i
lnkd.in/e4iDZ9_M
lnkd.in/eKA7hdBB
lnkd.in/ehH2jW3a
lnkd.in/eaN5EfJV
lnkd.in/eziFnGU8
lnkd.in/e8Fnrs2C
lnkd.in/eB6tJZb4
lnkd.in/eTHqAe4w
PRIVATE EQUITY:

KKR

Apollo Global Management

Blackstone

BlackRock (Private Markets) lnkd.in/e_m6UE5F
lnkd.in/eCHMuRvV
lnkd.in/edyFqR63
lnkd.in/eiGcGCfy
Read 6 tweets
Nov 7, 2023
Buffett, Ackman, Dalio, Cohen, Griffin...

BULL or BEAR?

What are the world’s wealthiest investors doing with their money right now?

Let's find out👇 Image
1. Ray Dalio: MILD BEAR.

“I don’t want to own debt, you know, bonds and those kinds of things…Temporarily right now, cash I think is good.” Image
2. Steve Cohen: BULL.

Says the US economy may fall into a short-lived recession this year before rebounding in the first quarter of next year.

He expects economic growth to jump next year and equity markets to rally 3% to 5%. Image
Read 12 tweets
Sep 12, 2023
“We’ve been spending money like drunken sailors”

JPMorgan CEO at Barclay's conference in NYC.

5 things you need to know 👇 Image
1. Quantitative Tightening is Coming.

"I just think people make a mistake to look at real-time numbers and not look at the future. And the future has quantitative tightening,"
2. Consumer is not alright.

“To say the consumer is strong today, meaning you got to have a booming environment for years is a huge mistake,"
Read 7 tweets
Jul 26, 2023
The Fed just raised rates by 0.25% - again

That’s the 11th rate increase in less than 2 years

Here’s what you should know 👇
The Federal Open Market Committee made a move that was expected by financial markets:

They raised the funds rate by a quarter percentage point.
The new target range now stands at 5.25%-5.5%, with the midpoint reaching levels unseen since early 2001.

The Fed Funds Rate was never this high in the years leading up to the 2008 Financial Crisis.

Read 11 tweets

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