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https://www.bloomberg.com/news/articles/2021-07-28/china-convenes-banks-in-bid-to-restore-market-calm-after-rout?srnd=premium Surprise surprise, big sucessful countries can't destroy they own markets. I dont think China is doing anyone any favors. If they were to keep hurting its stock market...

Here is another challenge on this thesis. Dozens of big cap China firms went to NY, filled forms with the SEC showing that the securities they were selling had revenues, earnings, etc. They used these fillings to raise huge amounts of cash. Now all of the sudden they say 'oops, sorry, you dont...

Also, I'm not lawyer but Argentina refused to pay its USD debts (issued in NY) and investors got NY courts to let them take Argentinian assets in the US compensation https://www.reuters.com/article/argentina-debt-funds-idUSL2E8IK8U920120720 And the US reach is broad, it probably could get...

The question is, whether it makes economical sense for them to do so, I dont think it does. It would not serve the interests of the Chinese people to dramatically increase the cost of financing of their corporate sector. It would lead to dramatically higher corporate equity costs and debt...

I suppose the anti monopoly rule will be bad for certain names but that is the beauty of investing in ETF's instead of specific names. One company's pain is another company bonanza. Tencent Music crackdown seem to directly benefit NetEase My China strategy has been to invest in everything from...

I'm looking to add to China stocks today, especially tech The amount of financial articles talking about the sell-off is exploding not to mention that the price action has accelerated to the downside, which tells me its getting close to a bottom. And its the same old bs regurgitated by...

https://journals.sagepub.com/doi/pdf/10.1177/0146167218783195 Great examples are the bear gurus in investing. They sound so smart and convince everyone of their bullshit. If you dig in on how they make their money, often its not from their P&L but rather from leaching fees/money from other...

Huge mistake by me on SNAP, I wrote that back in early 2018, when shares were bellow $20. I lost track of the company and now its exploding. I need to do a better job of keeping up with ideas like that

According to Long, Bills are more valuable than cash in repo because they can be rehypotecated multiple times and cash can't

The Fed raised the rate on their RRP facility to 0.05% and $1T moved to pick that up. Stablecoins offer 3-7% yields, regulatory action is expected soon https://stephanlivera.com/episode/291/

Wallet of Satoshi, use it for buy things at Bitrefill.com or any website that accepts LN BTC

This delta variant seems pretty much irrelevant among vaccinated countries. It's pretty much like a flu season

ACH payment network faced an adoption problem early on, the solution: government policy This is from the book, Payment Systems in the US: A Guide for the Payments Professional 3dd Edition I think this is relevant for crypto because of two reasons, one because CBDCs will be rolled out and...

PSTH shares are now back at being effectively a $20 cash shell + a 18 month call option. I think 70 cents is a little to cheap of a call option, especially given Ackman's record, pumping skills and the fact that this call was worth $10 a one point. So maybe I can sell these 70 cent "calls" for...

Added to PSTH pre market around 20.7xish. Ackman didnt get his deal in the SPAC but now the SPAC has 18 months to find another deal. I figure, at some point this will pump again and I can sell these buys at a profit. Maybe at around $22. It reached $30 on pure hype earlier this year Worse case I...

I love the shot at pessimists at the end

I was reading this article about T-Bills and repo https://www.zerohedge.com/markets/why-dont-bonds-reflect-cpi-alarm-about-inflation But I still dont get it why T-bills seem to be at a premium vs cash on repo. The dealers and banks have accounts at the Fed, so the counterparty to their cash...