Capital Misallocation
@BenBrey
The Jim Morrison of Finance, Macro, & Markets but also love Memes / Music / Philosophy / Art / & 🇺🇸 🇵🇹 🇮🇹
GOLD - the only true money that has no liability side or need for miners. It is time tested & is what humans go back to in times of stress. "Gold is money, everything else is credit" - JP Morgan A Gold Tweet Compilation In Anticipation of the Return of the King🧵
Count me as one who isn’t shocked by this pumper’s bad advice on OPEN that I had to dunk on. This week housing related names have absolutely ripped and OPEN is down 60% since Monday’s European close. #BewareThePumpers
"It's kind of insulting to call OPEN a meme stock.." BRUH - its down 95%, the biggest loser (who fronts like he's a winner) is the founder, the company has burned $3bn since 2019 and its a company that lacks a P/E as well as an EV/EBITDA and has $2.5bn in debt. Buddy, selling…
$OSCR with a MASSIVE profit warning: 2025 EBIT -$250m guide vs +$264m consensus 😳. Absolutely brutal. Stock now down -50% since the coordinated pump a few weeks ago. Professionals predicted this was coming. Retail was delusionally clueless. The Golden Age of Pump & Dump.
Not calling a top here because of AI yaddy yadda yadda, but: - White House eliminates day trading regulations - Polymarket returns to US - Robinhood enables 24 7 EU gambling - The architects of the 2022 SPAC bubble are posting - CNBC guys have a crypto treasury play - WSB meme…
$TXN. Well....... Analyst: "First, if I think how your tone sounded last quarter and frankly even how you sounded kind of mid quarter, you seemed really confident that the cyclical recovery was here and we were kind of off to the races. And now I'm hearing you kind of saying…
Worth reading this story about AI Agent going rogue and deleting a company's entire database. It's all fun and games until your AI Agent Goes Rogue.... Cc: @NadineTerman tomshardware.com/tech-industry/…
hey @elonmusk - I was trying to throw X a couple of bucks to promote/ highlight some CZ crypto grift. Apparently your algos don't want the money. Interesting.
👇Why is CZ, buyer of presidential indulgences, so worked up about honest investigative journalists digging deeper on Jho Low, the guy that robbed the Malaysian state? Claim of FUD = admission of grift and CZ is the original dark lord of grift.
Just did a quick contribution analysis on the S&P 500. YTD the index is up $3.3 trillion with just 13 stocks comprising 100% of the gain. The biggest drags - AAPL (-20%), TSLA (-9%), and UNH (-6%) combined cut off 35%. It's truly amazing how top heavy this market is these…
When I first moved to Australia, the 🐿️ was barely allowed to touch his own barbecue let alone get anyone near anyone else’s! New report (calling time on the original bull run) out at 7am EST. blindsquirrelmacro.com
Worst take of 2025. The degree of incompetence in this take is truly bends the mind’s capacity to function. It’s almost as if this guy wants to not accept the fact that an early owner of the network real estate just cashed their $60k investment in for $9.6bn? Then let’s look…
Bitcoin has the ultimate unfair advantage in monetary competition because it is perfectly fair to all players.
"It's kind of insulting to call OPEN a meme stock.." BRUH - its down 95%, the biggest loser (who fronts like he's a winner) is the founder, the company has burned $3bn since 2019 and its a company that lacks a P/E as well as an EV/EBITDA and has $2.5bn in debt. Buddy, selling…
Agree… It’s kind of insulting to call $OPEN a meme stock and compare it to $GME. $OPEN is a real business with a real platform with real potential. We’ve all been to a $GME store. I mean, come on. And you’re going to bolt on a BTC strategy to that and have anything different…
In this day and age its easy to lose faith, but we all have to believe in something.
Might as well share this now. There is absolutely ZERO off the run 10yr paper coming down the pipeline in the next 3 years due to the impact of Clinton creating a budget surplus in the late 90s and subsequently Paul O’Neill ending the issuance off the 30yr bond in 2002. The…
Courtesy @BenBrey
Anecdotally, I heard from a friend whose kid just graduated from a top university with a CS degree and a 3.95 GPA and has no job. Also said that university CS program has 800 grads with no jobs. So anecdotally I am hearing the same thing as this article asserts.
Last week, we showed how the engineering degree — once a solid path to the middle class — is failing new American grads. This week, we looked at Computer Science. If you thought engineering grads were struggling, computer science grads are faring even worse. 🧵 THREAD
Oh and as another note that I found in that same report - apparently the SEC fans value football much more than paying rent on time. Also, We should all try to emulate those lovely mountain folks out west - solid reliable people who pay the rent on the first of the month.
Sorry to interrupt the roasting of the guy whom is having the worst day in America - the Astronomer CEO - to let you know nationwide on-time rental payments continued to fall last month. @BickerinBrattle
Sorry to interrupt the roasting of the guy whom is having the worst day in America - the Astronomer CEO - to let you know nationwide on-time rental payments continued to fall last month. @BickerinBrattle
