'toine retweeted
If you’re a young person looking to build wealth:
1. Get out of debt
2. Get 2+ income streams
3. Save 3-6 months of cash
4. Invest! Invest! Invest!
The younger you are, the more that time is on your side.
Get compounding to work for you as soon as possible.
'toine retweeted
It would be a good thing if it caused the Democrats to go and talk to people and find out what they actually want, instead of deciding from first principles what they should want.
'toine retweeted
Today, we are launching a new effort, SC Emerging Managers, for people who want to become investors.
We want smart learners especially from diverse, nontraditional backgrounds.
We will give you money, training and a community around you to become successful.
Learn more...
'toine retweeted
Over the last few days, I’ve been asked many times: If a new Supreme Court overturns Obamacare, what would that mean for most Americans? As a former health insurance executive, here’s the scary truth: (1/12)
'toine retweeted
1/x Alright, if you haven’t read @choffstein most recent piece, do it. & if you have, go read it again. It speaks to a concept that I‘ve been preaching for 4+ years now. & if you’re involved in fin markets, even tangentially, I don’t think there‘s a more important topic right now
'toine retweeted
Why has evil been such a hard concept for many on the left to accept? The basic agenda of the left is to change external conditions. But what if the problem is internal? What if the real problem is the cussedness of human beings?
'toine retweeted
They have absolutely not left Milton behind. Rather, they clearly see that pandering to bad ideas is, in fact, how you maximize profits today. Progressive pandering for profit: the new business round table mantra.
Here is my take: aqr.com/Insights/Perspective… nytimes.com/2020/09/11/busin…
'toine retweeted
I've spent over 20 years at large investment banks, where I ran global research and strategy teams across multi-asset, FX and fixed income products.
Here's my list of the best bloggers on #economics and #markets you NEED to follow today.
Is there anyone we may have missed? 🧐
'toine retweeted
1) Ken Grant was the head of risk at Tudor and SAC.
The analogy he made in his book “Trading Risk” between Julius Caesar and Augustus always stuck with me.
Here are his “10 Commandments”
genriskadvisors.com/risk-phi…
'toine retweeted
Amazing chart.
Intuition tells me this is the market being inefficient. But experience tells me people rarely know when/if the market is inefficient....
'toine retweeted
Treasury set to sell record $112B in Treasury securities; over next 3 months, it will boost its offering of notes & bonds by $132B compared with previous quarter ... looking at T-bill holdings over past year, climb has been quite steep @Bloomberg
'toine retweeted
Danielle DiMartino Booth interviews Jeffrey Gundlach of DoubleLine
Enjoy a deep dive into Gundlach's history and evolution as a businessperson and investor
#ResearchRevolution
youtube.com/watch?v=WQQA74Tt…
'toine retweeted
I want everyone to have a better understanding of money and finance so they can make smarter financial decisions.
This page is some of the best stuff I've found (or written) about understanding money.
I hope you find it helpful.
orcamgroup.com/understanding…
'toine retweeted
In 2004 I got the opportunity to work with Jeff Bezos to develop the original Kindle. It was Amazon’s first foray into hardware and I learned a ton from my interactions with Jeff. Here’s some of the stories and lessons that I took away from that experience:
