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52-80

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Everything posted by 52-80

  1. There's roughly $10B of creditor repayment from the Mt Gox bankruptcy that started distribution just last month. One wonders how much of that newly-recovered funds is being liquidated to support or take advantage of the Nikkei crashing. And over the weekend there was also news of Jump Trading, a large prop firm / market maker, liquidating its books (shuttering the business?). That may have caused some crypto accounts to deleverage
  2. Berkshire always keeps a gigantic warchest. Their cash + short term treasuries (ie very liquid) are the same size as all their stock investments combined. Almost $300B each. Warren might go on a discount buying spree soon...
  3. 60/40 or risk parity is finally doing its job for the first time in like... literal years.
  4. 1 crypto market maker shut shop over the weekend and liquidated all their positions. Looks like their drawing down the market is cascading to other participants. VIX futures doing incredible things today. Up 60% so RIP short volatility guys. But hey…long treasury bonds been healthy 😮‍💨
  5. If its fridged at the store its fridged at home. Unless if its opened. Highly acidic stuff shouldnt need it.
  6. Didnt know these fuckers did a sedan
  7. I beat Warren to the punch 1 month ahead 😤
  8. If you approach this with a pessimistic lens you could have extended this question to the 10 years and you could have also argued no for an answer. From last few years, from my own personal use Apple’s M series has been incredible. Better processing allows better computational photography, like all the portrait and hdr tricks, super high resolution and framerate video capture and production on a cell phone alone, on-device live language translation, etc etc etc. Theres never been any tech innovation in a 3 year window that overnight makes a person twice as productive, but i bet you wouldnt commit yourself to this 3-year old tech for another 3 years, would you?
  9. Sure, having a domestic foundry is value in and of itself. But as far as Intel getting trounced by AMD and NVDA in the last years, isnt that due to their inferior performance which is a function of planning and design, not a consequence of e.g. production inefficiency and high defect rate and factors like that
  10. I’m just a tourist to the semi industry but isnt the core value of these companies in chip design, not chip manufacturing - which itself can easily be outsourced
  11. Can you make a separate Capitalism Is Bad forum so the Business forum stays Business?
  12. This is what happens when you make fun of Jesus at the Olympics.
  13. Sometimes you may wonder what kind of people are dumb enough that we need to regulate putting safety labels on consumer products, and then you remember theres a potential multimillionaire out there trying to smuggle 2 suitcases worth of illegal drugs through an airport.
  14. Keep the bow on the roof and add reindeer antlers
  15. 200m sprint medley: you have to run 50m normally, 50m backwards, 50m sideways, and 50m with arms tied behind your back.
  16. There should be no speed swimming competition in the Olympics other than the freestyle, because the point is to determine who can swim the fastest. It also eliminates a lot of the redundant medal stacking.
  17. You know they used to call me Hugh Hammer in college
  18. isnt that a ketamine k-hole or whatever
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