Free Lunch
@FreeLunchEnjoy
Free Lunch Enjoyooor
the theory that US equity will return 6-7% real in perpetuity is based on extrapolations from the last 70 years in the US – a period of peaceful growth, postwar consolidation, favorable demography, all of which are historical aberrations and unlikely to hold in perpetuity
Quote tweet this with your most controversial investing opinion
FART tops the funding leaderboard on HL again. Order is restored.
Most problems vanish when you sleep well, move your body, and tackle hard things head-on.
After aggressively farming many of DeFi’s most lucrative opportunities, @SBF_FTX is now suggesting his own industry standards, many of which go against crypto's core ideals. Sam says we need “customer protection”. But from who? rekt investigates. rekt.news/sbf-regulator
theta PL is just a realization of vega pl. the idea that options decay is very destructive
In case you are unaware that corporate bonds are blowing up… IG, HY, and leveraged loans’ ETFs just had their largest monthly outflow in the history of the data. The passive bubble is now bursting. ETF providers are on the hook: $BLK $STT $IVZ This mess has just started.
The next two weeks will likely hold a few things 1) very bad economic data 2) a ridiculous amount of policy measures 3) some amazing examples of Americans coming together
A Wuhan lab that identified COVID-19 as a highly contagious virus in late December was ordered by local officials to stop tests & destroy samples. China is now scrambling to censor the story. It would be a shame if this went viral. #ChinaLiedPeopleDied thetimes.co.uk/article/chines…
people worry too much about the method of solving a problem, and not enough about finding a solvable problem
Beyond devastated... my big brother... I can’t, I just can’t believe it
BREAKING: Kobe Bryant Dies in Helicopter Crash wp.me/p2WgDE-1jrGlm
The Fed's balance sheet is up $280 billion in 11 weeks, resuming its upward trajectory after last week's temporary decline. Even last week, they still continued buying T-bills, and it was other parts of the balance sheet that contracted briefly.
China has detained up to a million Muslims, a campaign it calls a benevolent and routine effort against the pull of extremism. But 403 pages of Communist Party documents we obtained reveal how officials plotted to carry out a ruthless, coercive clampdown. nyti.ms/2CV2z01
Rumors swirling in Japan about Xi’s deputy Wang Qishan defecting to US.Watch this conversation he is having with US Transportation Secretary Elaine Chao..it looks like they are pretending to not be talking to each other. This all happening today in Japan. #defect
All the leaders in Hk have British, Australia, us or Canadian passport as fall back...
This pro-communist party hypocrite operating his business in HK is going to move his business back to Shanghai but his family will move to Canada (much safer with Rule of Law and democracy)...but he REALLY hopes the HK “police” will “CRUSH the protestors” bloomberg.com/news/articles/…
Thread on Chinese Currency Manipulation. You're going to like this. I had a question for my analysts, what does it mean "China is manipulating its currency?" I've distilled their answer. You're about to become a pundit destroyer. Let's begin...China has a dual currency system...
Journalist gets quickly shut down when she asked James Harden, Russell Westbrook if they would refrain from speaking out on politics/social justice after China debacle...