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Rui Profile picture
Rui
@KnowledgeAthlet
Private Investor & Author. Former hedge fund analyst. Interested in commodities, AI, software. Ask bad questions 👉 https://t.co/JLImH00g3h
Nov 30, 2022 • 5 tweets • 2 min read
A long process, then finally waterfall.

#hyperinflation “Over the nine years in between, Germany’s inflation followed not a constant course but a characteristic ascent and descent, a ripening and a decay”

- Dying of Money by Jens O. Parsson
Nov 29, 2022 • 16 tweets • 3 min read
One of the books that I like to re-read every few years is Reminiscences of a Stock Operator (Jesse Livermore).

Here are some select quotes:

🧵 "There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again."
Nov 29, 2022 • 5 tweets • 2 min read
100% agree with this.

We've gone from thinking that China is THE place to invest to now the polar opposite.

I'll be the first to admit that I have no idea what's going on in China. Interpreting what's happening is a tricky affair. What's real? What's orchestrated? What's interesting is how much travel related stocks have rallied despite the weekend panic over weekend more lockdowns.