Markets, startups, media and my fav game of all - life.
now: exploring / ex: @RealVision
Feb 7, 2022 • 11 tweets • 3 min read
Agreed.
I was looking at it yesterday. I can't find a single piece of a leading or coincidental chart suggesting housing is or will be struggling in the next 6-12 months.
Mortgage applications --> Building permits --> Housing starts --> New home sales
OR if you are buying an existing house you skip the 3 steps:
Mortgage applications --> Existing home sales
2/10
May 19, 2021 • 6 tweets • 2 min read
1/6 Reminder - 200%+ yearly returns in an asset class come with:
- Counterparty/Liquidity Risk: exchanges blowing up/breaking down/not making a market
- Systemic Risk: leverage in the system
- Idiosyncratic Risk: fraud
- Event-driven Risk: regulation; random tweets etc
(+more)
2/6 If you want stable, "risk-adjusted" returns go buy treasuries. Although, it's questionable how stable those returns would be...
Feb 15, 2021 • 18 tweets • 5 min read
I am walking around freezing NYC, thinking about my departure to Miami next week, and it suddenly hits me...the retail trading boom everyone is talking about is something i've seen before.
I was once the "teenage gambler" who "didn't have a clue".
A quick story...
1/n
Many might not be aware but 2004-2011 was the golden age of poker, driven by the boom of online platforms like SportingBet, PokerStars, Full Tilt Poker and others.
Similar to trading, the ease of these poker platforms democratised the game and spread it internationally...
2/n
