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wallyhamond.bsky.social
There is no “alpha”. Just beta you understand and beta you don’t understand - beta you are positioned to buy vs. beta you are already exposed to and should sell
75 posts 145 followers 2,014 following
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always welcome folks open and willing to change their mind. on crony capitalism his comment that "I thought that would play out over the course of years" kinda suggestive he knew exactly what he was backing
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‘we are in a sovereign state farmers league of our own’
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'we have agreed a deal to start talking about a deal'
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this probably has him salivating
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we all know he will solve the goal issue thru buying another left back this summer
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presume we will find a tax to apply to the talking heads on GB News calling in from Dubai who want to pontificate on this stuff.
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yeah defo dont pile on. Follow Adam Grant "I no longer believe it’s my place to change anyone’s mind. All I can do is try to understand their thinking and ask if they’re open to some rethinking. The rest is up to them."
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Sorry I have no clue. But current admin doesn’t appear to mind overreaching
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Loooool about her protecting citizens from Govt overreach
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indeed, bleak it is.
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and a weird world where its possible to think that the China side is more believable than US.
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fair play. and to boot i learned something cause i had no clue what 'nesh' was. "In British English, "nesh" means being unusually sensitive to cold weather"
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v brave head out. in those fair waters i would be having this bad boy on.
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"we will never be influenced by any political pressure" but happy to cut 50bps in Sept 2024, sure.
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slightly niche but v good.
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You had that cray cray on for an hour?
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this is macro, keep your weird euro bank analyst stuff to yourself!
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main street, where winning means the stores are updating to Two Dollar Tree and Two Dollar General
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clockwork orange
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it is, thanks
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bsky.app/profile/news...
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Taps sign
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Genius
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and seems a little ironic that UAW/auto workers legacy retirement benefits were a contributing factor to company bankruptcy
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"political substance" = chatgpt infused jibberish?
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hopefully Donny leaves you in peace and doesn't visit any Sicilian mob mates whilst you there.
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if that was a thing that could happen in isolation, i might agree. unfortunately not.
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you gotta turn the chart upside down
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to do that you are going to need a decent number of those pencils that Elmo was touting this morning
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exciting stuff, UK as a 'car park'
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Indeed. If you haven’t already the Odd Lots this week with Lev Menand is worth a listen
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having unfortunately been on the wrong side of this sort of trade, i would concur. not always but generally true.
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so a genius moron or a moron genius?
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unfortunately not the way that risk models always work.
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yup, and the simple unwind of a large momentum trade.
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there will be other factors at play too. but not sure a call between Trump and Putin alters too much. positioning in the sector was incredibly stretched.
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the sector was ***massively*** overbought
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which is slightly ironic cause at an investment bank getting paid was heavily reliant on opinions.
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no, indeed. he just wasn't as sycophantic as the rest of them.
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keep it comin', we gonna need plenty of this kind of insight!
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doesn't matter much to the point you are making, but Jensen didn't show up did he?
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this is a good read, thank you.