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    Michael Lewis on The Rise and Fall of FTX and Sam Bankman-Fried | Intelligence Squared

    Ponzi? Doesn't seem to fit this particular case. FTX had a $500 million investment in Anthropic, when it was worth $4.6 billion. Google may invest, bringing valuation up to $30 billion so FTX stake could be 6x more at $3 billion. Anthropic worth $30 billion Prosecutors don't want Anthropic...
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    Michael Lewis on The Rise and Fall of FTX and Sam Bankman-Fried | Intelligence Squared

    Read Lewis book. Seen practically all of the YouTube interviews. I didn't have any crypto so my views aren't tainted by the money lust. There was a lot of criticism for Lewis since the book went easy on SBF. But I think he got the narrative right. The book was entertaining and informative. SBF...
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    The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion

    Yeah thinking the same thing. Same with SBF. He probably got something stashed someplace.
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    Should i put 300k into an S&P 500 ETF?

    Yeah, I don't take the output as gospel. Just looking for a simple but detailed overview to get an idea of overall strategy. At least Bard gave a partial answer, ChatGPT 3.5, which only had data up till 2021, say it didn't have an answer. Too cheap to pay monthly fee for 4.0. FYI, an Amazon...
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    Should i put 300k into an S&P 500 ETF?

    Ask Google Bard how it works, give me step by step instructions to implement david alan carter 12% solution Answer Sure, here are the step-by-step instructions to implement David Alan Carter's 12% Solution: Choose your ETFs. The 12% Solution uses a portfolio of four ETFs: A large-cap growth...
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    Guardian Trading

    Great for short selling in getting locates. I was leery of them initially since they didn't have many reviews. Went with Cobra, since they had many more reviews. But later did join Guardian, no issues and their commissions are better than Cobra. Their edge is that Velocity LLC owns them which...
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    My Story in Prop Trading

    If you want another profession, where you have to be a sick f*ck, look at sports betting. I just finished reading Billy Walters' new book, Gambler: Secrets from a Life at Risk. That dude had a gene missing. Complete gambling addict and screwup until his forties when he moved to Vegas and got...
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    My Story in Prop Trading

    So true, the psychological game may be the biggest factor in trading. Did your TSLA friend give up after that day?
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    My Story in Prop Trading

    Damn that's some good stuff. The straight scoop. Gotta reread the "The Gameplan". Been awhile. Interview with someone else who was part of the "WTG" trading group. https://chatwithtraders.com/ep-128-andy-kershner/
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    Hope for Argentina?

    Damn, dude is either unhinged or very passionate.
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    Bye bye ASML & TSMC! China now makes its own lithography machines

    100,000s lives every year due to crappy building and flooring, really?? So then in the last 10 years, what's that, at least a million people dead because the buildings that they create are so crappy. Yet every year, demand for China exports keeps growing. People looking for an enemy will make...
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    Bye bye ASML & TSMC! China now makes its own lithography machines

    Lol, that's a lot of deep-seated anger. David's faith, huh. You sound like a religious fanatic. Lots of demonization in order to support your closeted world views. The one thing that the US currently leads in is innovation but with the rapid ascent of the Internet and how quickly information...
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    Bye bye ASML & TSMC! China now makes its own lithography machines

    I'm talking about confirmation. China was the first to verify the closest match and then to show it was not superconducting. Lightning fast verification.
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    Bye bye ASML & TSMC! China now makes its own lithography machines

    Oh yeah, the cheap labor is still a factor but China is quickly figuring out how to optimize the game. Temu is a direct response to Amazon. Bunch of people figure out that drop shipping items from China on Amazon site was profitable so Temu (Alibaba/Aliexpress) said let's ratchet it up a notch...
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    Bye bye ASML & TSMC! China now makes its own lithography machines

    It's actually frightening how fast the Chinese are able to innovate and bring products to the markets. Like Tim Cook said, Apple didn't go to China to get the cheapest labor which was how the moniker "Made in China" used to connote poor quality, they went there to get the expertise. Today, the...
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    My Story in Prop Trading

    Lol, "Wall Street Masters" in 2008. I remember watching Wall Street Warriors 10 years ago. First time exposed to Timmy Sykes. Ah so you worked at SMB Capital. Kinda thought so but wasn't completely sure. Their YouTube videos are pretty good.
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    Fetching Market Cap from Interactive Brokers TWS API

    I know this is an old thread but it looks like tick 47 is no longer available. Anyone migrate to IBApi.EClient.reqWshMetaData? TWS API v9.72+: Fundamental Data (interactivebrokers.github.io)
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    My Story in Prop Trading

    Good stuff, including the trading charts. I remember the hype with that IPO. The fact that it struggled so much on the first day said a lot and portend what was going to happen in the near term. Today Facebook is one of the FAANG companies and looking back, they are lauded for using analytics...
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