taobanker
@taobanker
"All things are poison, and nothing is without poison; the dosage alone makes it so a thing is not a poison."
-Paracelsus
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Niederhoffer ran $40k up to $22 million pyramiding gold with a mental 50% stop loss. As soon as he hit a 50% drawdown he disregarded his plan and added more exposure. Ended up drawing down 95%.
It's incredible how many people here hang on to shitco pitches that can be disproved by asking literally any AI model "what's the bear case here?" Evolve. No excuse to be this ignorant anymore.
good tweet
if you don't understand your opportunity cost you literally have no idea what you're buying
*BESSENT: ANYTHING THAT HAPPENS WITHIN A 24-HOUR PERIOD IS NOISE... I'M CONFIDENT THAT BONDS WILL CONTINUE TO CLIMB
Simplify's $QIS remains the only relevant benchmark for shorts
Keep in mind this is after legendary "Chief Strategist" Mike Green already torched his own discretionary macro fund, $FIG, which dissolved in embarassment
Harley Bassman continues to torch his remaining credibility
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Bill Ackman down 24% YTD is actually crazy like holy fuck anyone wanna comp this guy some substack subscriptions or something because wow
