I pick stocks.
Joined January 2012
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Shortsighted Capital retweeted
the lowest (most negative) correlation between low and high momentum quintiles (using the S&P momentum indices). Good illustration of how the measure of market stress has gone from movements indicating reduction in net exposure to movements indicating reduction in gross exposure
Shortsighted Capital retweeted
In the most complimentary way, this trader would have been a legend at Glencore back in the old days
holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer
- polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded
- the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit
- then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max
- temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges
hyperstitions.
Shortsighted Capital retweeted
Every pitch now be like:
“We’re long Okimotive, a spin out from a Taiwanese laundromat that is the preferred toilet paper of data center electricians. This business traded at 2x earnings for 30 years, but we like it here at 9x EPS growing 114% YoY”
Shortsighted Capital retweeted
Yes, this is Bitcoin Hanukkah gelt my kids came home with yesterday. What stage of the cycle are we at?
Shortsighted Capital retweeted
BREAKING: 7% OF POD SHOP ANALYSTS SUDDENLY RESIGN; MOST SEEKING TO BECOME LONGSHOREMEN. “NETTING RISK IS LOWER, THERE IS NO DEFERRED COMP AND REALISTICALLY I WAS NEVER GOING TO BECOME A PM. THE MANUAL LABOR IS EASIER THAN POSITIONING INTO EARNINGS SEASON.”
Shortsighted Capital retweeted
“Hi, my name is Andrew and I’m wondering if you had more day with Charlie, what would you do with him?“
The most poignant question of the day came from a child.
Buffett’s answer eulogized Charlie and sprinkled fabulous life advice throughout.
“[Charlie and I] never had any doubts about the other. person.“
Listen all the way - Warren ends it epically. ❤️
Shortsighted Capital retweeted
This tax day, let's address the populist myth that 𝐘𝐨𝐮 𝐀𝐫𝐞 𝐆𝐞𝐭𝐭𝐢𝐧𝐠 𝐒𝐜𝐫𝐞𝐰𝐞𝐝ᵀᴹ with the middle class paying all the taxes & the rich paying $0.
Yes, we can find individual examples, and maybe you wish the rich paid more. But they fund nearly all the govt.🧵
Shortsighted Capital retweeted
It's shamrock shake szn
Never forget the "spilled shamrock shake" by the Chicago River in 2010.
A hall-of-fame marketing stunt
Shortsighted Capital retweeted
Tyler Cowen: One day in Japan, where are you doing? What are you eating? Where are you going?
Marc Rowan: I would give Japanese savers yield. The Japanese people need yield, their reinsurers need capital and I intend to provide it. conversationswithtyler.com/e…
Shortsighted Capital retweeted
1/ Just realized we recently passed the 30 year anniversary of Nathan Myhrvold's internal Microsoft memo "Road Kill on the Information Highway."
This 1993 memo is probably the most prescient set of 10-ish predictions ever written on the rise of the internet
Shortsighted Capital retweeted
