Sublime
An inspiration engine for ideas
Stanley Druckenmiller obsesses over position sizing.
And it's one of the (many) reasons why he generated 30% CAGRs without a single down year.
"Position sizing is 70 to 80% of the game."
This Chinese lecturer who lives in Toronto is 100 times more level headed about the Germans than Jordan Peterson
Jordan’s thought is clouded in mid century hysteria: “The entire goal of the Germans was to kill as many Jews as possible”
This Chinese man dispassionately points out the... See more
A long-winded and winding update on Fredi9999 -- the person or entity -- who is singlehandedly rocketing up the price of Trump on prediction markets around the world.
Spoiler alert: I managed to make contact with him, I think, and he blocked me after a few minutes. Sensitive guy! We'll get back to that.... See more
1/ This guy is really good at trading shitcoins!
He bought 2.52T $PEPE($816K currently) with 0.013 $ETH($25), which made him a 32,000X profit.
He has traded 3,000+ shitcoins in the past 2+ years and probably realized ~$2M in profit.
Here are partially profitable... See more
This is, in a way, a practical book about the Kelly criterion. I bought two copies by mistake. If we’re having lunch and you are interested, remind me to bring you the spare copy.
Haghani btw is “the” Haghani. With Larry Hilibrand, the real on-the-ground PM at LTCM. https://t.co/XcXO1tqSfC
Fourteen years ago, David Tepper went on Squawk Box and shared how he made $7bn in a single year and laid out his worldview and a strategy that worked for the coming decade.
Last week, almost fourteen years to the day, David returned to Squawk Box to discuss China, stimulus, AI, and more. He starts by discussing whether... See more
