Search results

Can you imagine if he didn’t trade on steroids?

its not even about family. He can live anywhere he wants. It’s 100percent about taxes and I doubt the Chicago institutions lose any funding. He basically built the whitney museums new space downtown NYC.

so you are saying the real inflation is like a water bucket that overflowed but financial assets are linear? how does that reconcile? I think I know how it does but that doesn’t jive with your easy money argument.

inflation on real goods and services was binary. It went from almost zero to 10% in like 3 months... how do you explain that within your easy money thesis? especially when you consider financial assets inflated relentlessly over 12 years. An example is classic cars. They are up 50-70% in the...

why did inflation hockey stick then? assets have been going up for 12 years but goods and services started going bananas in 2021.

given the qqq’s are only 6percent from the money, you are much more short qqq’s now than you were a few weeks ago.

he might be more interesting to ha e lunch with than buffet.

my wife worked with mother Teresa. She had spent many hours with her. It only took volunteering at her orphanage. So it’s easy for you to do something like this.

One of buffets investing partners at Berkshire got the job after winning the lunch twice. Obviously the winning wasn’t why he got the job, but buffet liked him. If you are a deep value investor whose super rich (many of them are), why wouldn’t you donate to charity (tax deductible) and get to...

Every sell off in bitcoin is noise, every rally is proof that it’s going to 10MM in 5 years.

100k options is 10mm shares. For a big retail it would only kind of be practical at a penny stock. for institutional, my desk (not me) traded 150k options in one clip one day. I won’t divulge the trade but some street veterans will figure it out.

I know the type of people who hold that view.

still the points remain the same.

My bad. 1/2 billion. sorry. *had* an isda

I wouldn’t be worried about being a high OI. The market makers look at their risk in aggregate.

how am I a hypocrite? you seem angry. Remember your post about personal attacks…. guy claims he trades a billion of fx a month, has an Isda, but can’t call his broker to answer a basic funding question.

Not quite. People who were so addicted to winning that they took the pnl personally.

I think virtually all of descretionary trading has a dopamine hook. there was a study like 17 years ago that showed that the best discretionary were not cold calculating robots but those that were tied emotionally to their pnls.

This thinking allows you to feel like you are smarter than the average bear when in reality you likely are not. something we both agree on!

Big swinging forex guy has to google to find his margin rates. hahaha.