Think critically, speak honestly, act rationally.
“Be the change that you wish to see in the world” -OG, MG
Sep 3, 2021 • 9 tweets • 4 min read
The asymmetry thesis is playing out here. It's observable in muted funding rates: the buyers are not using leverage, they are simply accumulating. It's probably the wave of OPM.
But today I want to wax on information channels instead.
On the other hand you've got @QCPCapital telling you to sell vol.
Aug 11, 2021 • 10 tweets • 3 min read
Special Situations H2 2021
"The OPM"
To begin, I'll start this conversation casually, with a video that comes to mind when I think of how I to sum up the last three months of my thoughts.
Hopefully that made you smile, now for the productive conversation. As always, respectful dissenters are welcome. The TLDR 1st:
OPM = the ball
ETH = the home
The printing press hasn't slowed this year. Money supply continues to increase. Equities are up. OPM needs a home.
Sep 11, 2019 • 17 tweets • 14 min read
Lets talk OSTKO
...and rational behavior.
This is going to take a few tweets, but I'll lead with the conclusion:
Capital markets, $OSTK in particular, are broken. There's a very real chance that tZero is about to fix it. The dividend proves it can be done. Game OVER.
$OSTK has declared a dividend of a digital preferreds OSTKO at a 1:10 ratio.
There exists ~125,000 shares of OSTKO outstanding. Overstock has authorized an additional ~4M shares, 3.7M of which will be issued via the dividend.
