UnHedgedChatter
@UnHedgedChatter
Observations and conjecture about professional speculators, public equities and transformative ideas. Not investment advice. Sources protected.
“If you don’t know who you are, this is an expensive place to find out.” - Adam Smith, The Money Game
Munger hated “crypto” because it reminded him so much of Blue Chip Stamps.
What finance related opinion do you have that will have people like this?
Another source for quarterly letters. 👀
🚀 274 Fund Letters of 2Q 2025 Are Now Live! 🔗 buysidedigest.com/hedge-fund-dat… #QuarterlyLetters #Investing #Stocks #Funds
Learn to read all types of regulatory filings including the footnotes. It's not hard. Load them into LLMs and ask clarifying questions. Go into debt if you have to. You'll quickly realize how many people do no diligence or shoddy diligence.
Fee-earning perpetual capital soon will exceed 50% of fee-earning AUM. 🤯 $BX
Excited for Veit Moeller, ex Head of Design at OpenAI, to be joining Paradigm to help us and our portfolio design at the frontier. Welcome!
Excited to announce that I‘ve joined Paradigm as VP of Brand & Design. Looking forward to exploring the frontier with @matthuang , @alanapalmedo , @David_Swain and the brilliant team and portfolio @paradigm
One for the growing tribe of people screaming “it’s a bubble.”
The gentleman’s multi-step research downgrade is a good reminder to consider shorting growth names AFTER they break. The initial notes are almost always incrementally lower price targets. "We now see additional risk from XYZ, but maintain our BUY rating." 🍿
Don't skip this one. $GOOG $GOOGL
Imagine if every pattern shaped by nature – like a protein’s fold or cosmic phenomena – is inherently learnable by AI. @DemisHassabis shares with @lexfridman that if AI can learn these natural patterns, we could open doors to new eras of scientific discovery. Listen now. ↓…
What explains the disconnect between people loving stories about Jesse Livermore but hating this tape?
< pounds table >
"In 2025, tokenization crossed from concept into inevitability." Fintechs are building their own chains. Corporates are issuing directly onchain. The Great Onchain Migration is underway. @FranklinBi unpacks it all — and reveals a deeper shift unfolding: panteracapital.com/blockchain-let…
CME x Alphabet: Excerpt from today's call [Everything is tokens.] $CME $GOOG
![UnHedgedChatter's tweet image. CME x Alphabet: Excerpt from today's call [Everything is tokens.] $CME $GOOG](https://pbs.twimg.com/media/GwjrWdoa4AA9qgI.png)
Be open to ideas from anyone, anywhere, anytime. The work starts when the diligence begins. youtu.be/OqkHPsY8p84
Seeing more and more of the Tokens^2 (AI + crypto) theme. #GLTA
AI is moving beyond the browser and into the real world. The bottleneck? Data. Today we’re announcing a $15M seed round led by @a16zcrypto to build infra that collects, curates, and licenses high-quality data for physical AI. Incubated by and built on @StoryProtocol.
Data centers running models that need to "think" for hours, days or weeks should not be built near densely populated areas. That's it, that's the tweet.
Is the Apple Wallet ever going to support tokens? $AAPL
Telegram's crypto wallet goes live to its 87 million U.S. users cnbc.com/2025/07/22/tel…
Anthropic: Build AI in America PDF (July 21, 2025) [Everything is tokens. <energy tickers>] www-cdn.anthropic.com/0dc382a2086f6a…