Finding Alpha. Having Fun. VC/PE capital IS overrated (and they know it). Not financial advice, Do Your Own Research
Joined March 2020
- Tweets1.4K
- Following1K
- Followers45
- Likes1.6K
TheRipplingWave retweeted
NVIDIA $NVDA filed its last quarter's Form 10-Q today. If you have been as surprised by the share price action and the (unaudited) published financials as I have been, this thread is for you.
Let's get into it🧵
😅 fired there and then on the spot - just listen this guy tell a story - “Un piquito Rubiales?” Just DM me if you want one 😅
TheRipplingWave retweeted
Here's $ARB "custodian" sending 50M $ARB tokens (of the 750M deposited) to various exchanges and OTC desks (like wintermute)
I thought they were locked for 4 years?
arbiscan.io/address/0xc24e24…
As a heads-up to the community, a large sum of $ARB tokens will be transferred to a custodian today.
These tokens remain locked and will only become transferable over a 4 year period
TheRipplingWave retweeted
Charlie Munger of Berkshire Hathaway, $BRK.A, has said that the US healthcare system, "Has costs that are totally out of control."
TheRipplingWave retweeted
I have a lot of respect for ppl who are super non-technical and just found a way to stumble upon mega wealth through a combination of degeneracy and perseverance. I wanna be that one day.
TheRipplingWave retweeted
This chart is getting a ton of likes.
A couple of things about it.
The Fed is not doing QE. QE is bond buying. Thet are handing out loans, not buying bonds.
That's said, an expansion of the Fed’s balance sheet is stimulative, whether its from QE or loans.
More (not hyper) inflation is the outcome, unless their is a severe credit contraction leading to a recession first.
TheRipplingWave retweeted
Critical thinking time.
These are facts.
This is possible:
1 USDC = 0 USD
This is NOT possible:
1 USD = 0 USD
TheRipplingWave retweeted
REAL ANSWER: the depeg gets progressively worse as Circle users redeem for 1:1 USD
eg.
3.3/40b > 8% > $0.92 per USDC
3.3/30b > 11% > $0.89
3.3/20b > 16.5% > $0.835
3.3/10b > 33% > $0.67
3.3/3.3b > 100% > $0.00 💀
As people realise this risk, price took another dump. now $0.88
TheRipplingWave retweeted
Translation - we’ve devalued paper currency so much - the melt value of coins will soon exceed the face value.
