Search results

Galaxy bought BitGo (subject to shareholder approval which is a certainty) https://s27.q4cdn.com/973063916/files/doc_downloads/2021/05/Galaxy-Digital-Merger-Announcement-Deck_5.5.2021-vFF.pdf I believe this is going to be one hell of a company

https://www.zerohedge.com/markets/sam-zell-buys-gold-hedge-against-surging-inflation-debasement-dollar Sam Zell buying gold. lol, you know things are bad when even the real estate guy is looking for inflation hedges

Also, being a commodity, it might benefit from the cyclical flows into the commodity sector

So I took a look at this Uranium trade and I like what I see I dabbled in uranium before, not sucessfuly, but not there is the catalyst that I was hoping for. Massive consolidation/bankruptcies in the industry. According to this guy, there were hundreds of Uranium companies many years ago and...

https://blog.trezor.io/why-you-should-never-use-google-authenticator-again-e166d09d4324 They make a persuasive case, unfortunately, lots of online services and companies dont accept U2F (or FIDO2) but rather force you to use Google Authenticator. Could this be a case of the worse technology is...

Its gonna be hilarious when Apple goes into cryto and Buffett/Munger end up being long rat poison squared

It reminds me of Richard Dennis, he killed in the 70's and early 80's, then markets changed and he got killed. At least Buffett/Munger continued to make some money, so hats off for them but still, they could not adapt and learn new ways to look at the world. Buffett needed 30 years to buy Apple...

The numbers dont lie, Buffett's/Munger's abilities are no longer anything special. Since the mid 2000's they have done a mediocre job picking investments

That will be a very difficult trend to reverse

https://cointelegraph.com/news/residents-of-caribbean-island-can-conduct-local-transactions-using-bitcoin "Residents of small island nations are finding it increasingly difficult to send and receive money internationally because of 'derisking' by large international banks. Derisking is when...

Crypto banks are garbage https://blockfi.com/updated-rates-for-btc-eth-link-ltc-and-paxg-effective-may-1-2021 Blockfi is holding a big loss on GBTC, which it sounds like they have not realized (judging by their withdraw restrictions). They are levered 10-1 IIRC. Now they want people to risk...

"Financial markets do not play a purely passive role; they can also affect the so-called fundamentals they are supposed to reflect" - Soros https://www.zerohedge.com/markets/gamestop-soars-after-successful-551-million-equity-raise

https://www.economist.com/science-and-technology/2021/04/22/american-export-controls-threaten-to-hinder-global-vaccine-production "If all goes swimmingly, the world could produce as many as 14bn doses of vaccine this year"

They are making Ethereum great again!

Journalist lol? Spitznagel is the literally the person who runs Universa, that fund you said made 3600%. Run as in the CIO and taleb joined that fund, and a I quote Spitznagel, "stricly-hands off, passive capacity"

Here's how, I diversify among different asset classes and currencies that fit well with the current macro enviroment. Bitcoin is part of that basket approach but there are other options all well, like high quality stocks, real estate, gold, land and foreign currencies.

And it gets worse, Spitznagel says that his time at Empirica (Taleb's hedge fund with Spitznagel) was his worst historical return in his career. Read Taleb in order to avoid blow up's, but he has almost nothing to teach when it comes to actually profiting from markets

He didnt make any of this returns, its not his fund. If you actually read Spitznagel's book, he is not all that kind of Taleb's strategies there. He goes out of his way to say he doesnt use them, he's got his own method