control attention ads → @VectorX_Media

Joined July 2026
Merlow retweeted
A guy walked a group of girls through a HAUNTED house, and his reaction to the jump scare was not what they needed 😭 Watch 1:25.
50
255
8,495
956,798
Merlow retweeted
I F*CKING LOVE THIS, MY BOTS BOUGHT A $302 CAMERA AT 04:32 THAT WAS ALREADY SOLD FOR $422 BEFORE THEY PAID FOR IT 9 flips overnight, $1,000 to start, $974.51 profit by 07:00 the trick is the order of operations most people buy cheap and pray someone shows up my desk finds the buyer first, with money already locked in escrow, and only then goes and buys the thing 01:09, a 50mm lens listed at $138 in one city, a buyer in another sitting on a $238 bid, net +$83.58 04:32, the camera, net +$110.02 by sunrise: 9 flips, average +$108.28, 25 buyers still in the queue, 0 irreversible actions the bots are not allowed to spend scout reads listings. quant prices them against live bids. risk checks the seller, the photos, the box label. exec drafts the order and the shipping label then it stops and waits for me sold $3,261, bought $1,862, fees and labels -$424.49 i never owned inventory. every item was sold before it was bought
13
14
103
16,989
Merlow retweeted
In 2014 the Bank of England admitted its own account of how money works had been wrong. Months later, 4 economists sat in a London room to work out what follows. Rethinking Economics, London, October 2014. Josh Ryan Collins of the New Economics Foundation, Daniela Gabor of UWE, Ben Dyson of Positive Money, Richard Werner of Southampton. They agree the textbook is broken. They do not agree on the replacement, and that disagreement is the session. Watch the stretch where the panel splits over what to do with the creation power once you admit private banks hold it. A wooden lectern, a projector screen, a bottle of water on the floor. The correction was published. The argument about what it means never reached the classroom.
2
18
48
2,479
Merlow retweeted
A banking professor was asked to describe the money supply and answered that the textbook version is not how it works. Richard Werner, 2019, a curtain, a suit, no audience. His question is narrow and almost nobody asks it: why do lending and deposit taking sit inside the same firm at all. Split them and the whole mechanism stops. The reason is an accounting reason, not an economic one. Watch the part where he moves from that split to why no other company on earth can do the same thing. No slides, no stage, a camera in a room. Every other firm lends what it has. One kind of firm writes the number first.
5
64
6
235
12,406
Merlow retweeted
Anthropologists spent 200 years looking for the barter economy that opens every economics textbook. They found none. David Graeber, 2017, author of Debt: The First 5,000 Years. The story goes: barter, then coins, then credit. The record runs the other way. Credit came first, by thousands of years. Barter shows up in one narrow case, and it is not the one Smith described. Watch the stretch where he names the only 2 conditions under which humans actually barter. Both of them require money to already exist, or to have just disappeared. A black sweater, a paper coffee cup, a microphone on a stand. The foundation of the discipline is a story nobody has ever found.
5
27
1
86
4,688
Merlow retweeted
England ran a money system with no debt and no interest for centuries. A banking professor sat at a table in 2011 and explained why it ended. Richard Werner, in conversation, 2 chairs and a jug of water. The instrument was a wooden stick, split down the middle. Winchester was the centre of it, close to 1000 years ago. The Treasury accepted it for tax. Then it went away, and the private version took over. Watch the stretch where he names who found the old system inconvenient, and why that preference still sets your tax bill. A red pencil, loose papers, a phone on the table. The alternative is not theoretical. It already ran, and it worked.
6
95
7
277
13,268
Merlow retweeted
MY GROK BOT CANCELLED 47% OF ITS OWN ORDERS LAST NIGHT AND MADE $4,270 It ran a market making desk while I slept. 8 agents, 3 venues, 1,204 pairs, $180,000 on book. 18,698 fills. Average fill 4 ms. Max drawdown for the whole night: $155. $3,032 of that came from spread capture. $1,238 came from rebates the venue pays you just for standing there. The 8 agents do 8 things and nothing else. QUOTER posts both sides. SKEW leans the book when flow gets one-directional. HEDGE offsets. CANCEL pulls stale quotes. DEPTH holds top of book. RISK caps the inventory. FILLS routes. LEDGER replays every decision so I can check it. At 10.47 PM the skew hit -8% and the desk leaned bid. At 11.06 PM the ledger replayed clean. Nobody woke up for any of it. Market makers do not win by being right. They win by being there at 3 AM and cancelling before they get run over. 47% cancelled. $155 worst moment. That is the job.
3
6
33
4,160
Merlow retweeted
A talk show host asked a Nobel economist whether he had ever doubted capitalism given how much suffering it produces. The reply became the most quoted answer in economics. Almost nobody watches what came before or after. This is Milton Friedman on the Phil Danahue show in 1979, promoting Free to Choose. A live studio audience. A host who disagrees with him. No notes, no co-panelist, no way to defer a question. Watch the segment after the famous exchange, where the audience starts asking about their own jobs. The 40 seconds travel everywhere. The hour explains why he was never rattled.
3
20
87
10,519
Merlow retweeted
The world's wealthiest shipping magnate was interviewed and stated that he cannot tolerate having a driver wait for him. Almost no one keeps an eye on this. Here's Aristotle Onassis giving a reason for doing things himself. A man stays all day in a chair which has four wheels, waiting for only ten minutes of use, and at times they fail to take him for lunch. After school he was going to Oxford, having already packed his clothes and sorted out all the arrangements. Instead, he ended up on a boat bound for Argentina. The interviewer then asks him how he feels, and he replies that he is no different from any other father. See the reaction of his face before he answers that question. He had the fleet and couldn't tolerate having people wait on him.
9
1
77
39,547
Merlow retweeted
The man the press called the banker of organized crime sat on Israeli television in 1971 and answered every accusation on camera. Almost nobody watches it. This is Meyer Lansky, denying the $300 million, the casinos, the Mafia, all of it, in a calm voice. He states that he has been the subject of surveillance for ten years and that the men who have been watching him are better informed than the authors. When you come to the point where he is asked if organised crime actually exists, his answer consists of three words. Four minutes and fifty-three seconds, and he never raises his voice at any point.
4
15
1
90
26,419
Merlow retweeted
An investor who deals in large-scale investments, with 30 years' experience and who has never had a losing year, admitted that he couldn't spell Nvidia three months before he bought it. Almost no one watches the entire conversation. Stan Druckenmiller, who achieved a return of roughly 30% per year from 1981 to 2010, is meeting with Morgan Stanley's global head of derivatives. He took the stock from 150 to 800, sold it, and then saw it reach 1,400 five weeks later. When it comes to sizing look out. The thing he actually picked up from Soros is not what causes currencies to move. He doesn't say that his advantage had been intelligence; instead, he states what it actually was.
5
2
1
30
2,063
Merlow retweeted
An economist spent his whole career mocked for saying calm markets cause crashes. The Economist mentioned him once while he was alive. He died in obscurity in 1996. 12 years later, with Lehman collapsing, every central banker on Earth was quoting him by name. His name is Hyman Minsky. This tape from 1987 is free. Colombia, November 1987. Minsky sits at a plain desk in front of a camcorder, weeks after the October crash, and lays out the machine that produces every boom and bust. He does it with 3 words. Hedge: a firm whose income covers both interest and principal. Safe. Speculative: income covers the interest, so the debt gets rolled over, borrowed anew each cycle. Ponzi: income covers neither, so you borrow just to pay the interest, and the debt grows on its own until the next crisis. His point is the part that got him exiled. In a long calm, hedge firms drift into speculative, speculative into Ponzi, because it is cheaper to borrow short. Stability itself breeds the fragility. The crash is not an outside shock. The system builds it from the inside. Mainstream economics had decided markets were self-correcting and the business cycle was tamed. Minsky said the opposite for 40 years to an empty room. Then 2008 arrived exactly as described. Yellen, the Fed, the Bank of England all reached for the same phrase: a Minsky moment. His line: "Stability is destabilizing." 1 desk. 1 camcorder. Filmed 39 years ago. They named the crash after him. Almost nobody watches the tape.
7
31
124
15,734
Merlow retweeted
A World Bank practitioner sat down in a Cambridge seminar room and took apart the instruments that broke the world economy in 2008. Almost nobody watches it. The talk is a primer on securitisation. A pool of loans goes in one side, tranches come out the other, and somebody has to say where the risk actually sits. No trading floor. No war stories. A pink title slide, a bottle of water, 20 laptops open on a long table. He covers cash deals and synthetics, then covered bonds, then the notes carved out of the pool and sold to strangers. The same machinery now finances data centres. Compute gets bought with debt, the debt gets sliced, and the slices get rated by people who have never seen a GPU. Watch the stretch where he draws the structure on the board. The diagram answers a question most desks argue about for 3 meetings. Then the discussion at the end, where 1 question about credit-linked notes runs 4 times longer than the question that started it. Banks charge 6 figures to teach this. A law faculty gave it away.
1
7
29
1,372
Merlow retweeted
MIT put working traders in front of a room of mathematicians and filmed what they taught. The first hour is not equations. It is vocabulary. The course is 18.S096, Topics in Mathematics with Applications in Finance. It sits in the mathematics department, not the business school, and the people at the front work in the industry rather than teach for a living. A lecture hall, a chalkboard, a suit, a clicker, one camera at the back. Lecture 1 runs an hour. He starts with the instruments. What a bond is. What a forward is. What a future is and how it differs. What an option gives you a claim on. Nothing exotic. This is the vocabulary every model assumes you already have, taught properly once instead of picked up in fragments from documentation. The turn is why the course exists at all. The mathematics on a trading desk is not hard because the mathematics is hard. It is hard because the thing being modelled is a contract with terms, and the terms are where money is lost. It matters more now. Any library prices a derivative in one line, and the person calling it often cannot say what the contract obligates them to do. Free on the Internet Archive, downloadable, filmed from the back of the room. MIT taught the vocabulary first. Everyone else sells the model. Lecture 1. One hour. It is in the video.
5
12
48
3,383
Merlow retweeted
Two hours of the Columbia value investing course sit on YouTube in a dark, half-lit recording that almost nobody has finished. The man is Bruce Greenwald. He held the Robert Heilbrunn chair at Columbia Business School and ran its value investing programme, the direct academic line back to Benjamin Graham. The New York Times called him a guru to Wall Street's gurus. An ordinary classroom in 2010. The lights are off for the projector, so most of the frame is dark and he moves in and out of it. One camera at the back, a student's laptop screen glowing near the bottom of the shot. This is lecture 3, where the course stops being philosophy and starts being arithmetic. Asset value. What a business is worth if you had to rebuild it from nothing, line by line, rather than what the market says today. He works it as a real calculation. Replacement cost, what belongs on the balance sheet, what does not, and where the numbers in a filing quietly stop meaning what you think they mean. The turn is what he does with the gap between asset value and earnings power. That difference is not noise. It is a measurement of whether a business has any advantage at all, and most companies fail the test. It matters more now. Every screener gives you a multiple in a second and none of them tell you what the assets would cost to replace. Free on YouTube, 2 hours, filmed in a dark room by somebody with no institution behind them. Columbia's programme is public. The lights were off and the tape kept running. Lecture 3. Replacement cost. It is in the video.
2
4
48
3,038
Merlow retweeted
Columbia let a hedge fund manager run a class where the entry requirement was the same as his private website. Submit one idea good enough to be accepted. The man is Joel Greenblatt. Gotham Capital, 1985 to 1994, roughly 50% a year, 7 million dollars turned into 500 million. He returned all outside capital in 1995 and kept showing up to teach. He also co-founded Value Investors Club, where you cannot join by paying. A classroom on 7 October 2005. Projector screen, long tables, students with printouts, one camera at the back. He pulls 3 write-ups from a single anonymous member and works them in front of the room. NVR, NII, Sportsman's Guide. No bank behind them, no research budget, just a username. He does not present them as teaching material. He pushes on the assumptions the way he would push on an analyst across a desk. Then the room turns to Buffett, and he answers as somebody who has read all of it for 20 years and disagrees with parts. The turn is where the edge lived. Not screens, not models. One person doing reading nobody else wanted to do and publishing it for nothing. It matters more now. Those write-ups are still online, still open, still ignored. Free on YouTube, filmed from the back row, audio uneven. Everything was public. The reading was the only barrier. 3 case studies. 1 anonymous user. It is in the video.
3
12
100
15,808
Merlow retweeted
A man who turned 7 million dollars into 500 million in 10 years sat on a desk in a classroom and taught the method to 30 students. The man is Joel Greenblatt. He ran Gotham Capital from 1985 to 1994 at roughly 50% a year, then returned all outside capital in 1995 and kept running his own money. Almost nobody sustains that number over a decade. A Columbia classroom in 2005. Chalkboard, blue plastic chairs, a camera at the back of the room recording for the students who missed it. He sits on the edge of the desk with a stack of paper. He does not teach a screen or a formula. He teaches situations most funds cannot touch, the corners of the market where the usual buyers are structurally forced to sell regardless of price. The first lecture is where he sets up why those corners exist at all, and why they keep existing after everybody knows about them. The uncomfortable turn is what he says about diversification and about how few positions he actually held. It runs directly against everything the same school teaches two floors down. It matters more now. Every screener is free, every filing is searchable, and the constraint was never information. Free on YouTube, filmed from the back row, audio uneven, students blocking the frame. He gave away 50% a year to a room of 30 people. The tape has been public for years. One classroom. 1 camera. It is in the video.
15
277
8
1,272
187,432
Merlow retweeted
A 25 year old trader lost 827 million pounds and the bank that survived 233 years was sold for 1 pound. 25 Million Pounds, BBC, 12 June 1996, directed by Adam Curtis. Nick Leeson on camera, at length, before most of the world had heard him speak. Barings was founded in 1762. It financed the Louisiana Purchase, banked the British aristocracy, and had already been rescued once by the Bank of England in 1890. Leeson came from Watford, was hired for settlements, and was sent to Singapore at 25 to run an operation nobody in London could read. London believed he was running arbitrage on the Nikkei between Osaka and Singapore. Small spreads, client money, almost no risk. He was writing options instead, unhedged, on a book the bank never saw. He also checked his own trades. Front office and back office, one desk, one man. Every risk system in every bank you touch today runs on the rule he broke, and that separation exists because of this desk. The earthquake in Kobe hit in January 1995. He doubled the position, then doubled it again, requesting margin from London for trades that did not exist. They wired it, because his numbers were the best in the group. Watch the middle stretch, where he explains how he chose which colleagues to befriend. He never raises his voice. A risk officer at a European bank rewatched that section twice, then pulled his own firm's segregation-of-duties memo the same night. Free on YouTube, low resolution, uploaded by somebody with no institution behind them. The 1994 internal audit had already named the cause in writing.
2
37
2,138