Forger

just a bunch of bytes

[Forger @0xfloid]

“ex-citadel commodities QR”. Mmmk.

[Ethan Kho @ethanrkho]

Ex-Citadel Quant Researcher on Trading Power & Gas — One of the Most Asymmetric Markets in the World

Neel Somani (@neelsomani) — ex-Citadel commodities QR. Built the models the discretionary traders used to price power.

"It's table stakes to put down seven figures of collateral in order to seriously trade power."

We cover:
- What a commodities QR actually does — building models traders use, sitting in PM meetings & how "slope" (your real cut of P&L) works
- Where power edge comes from: congestion — the physics of a wire that heats up, droops, and can't carry more
- How a hub trade gets built from the ground up: weather → demand → which units switch on → your price vs. the market's
- Why blindly going long power is a structurally losing trade — skew assets always price above expected value
- The anatomy of a blow-up: doubling down into the Feb 2021 Texas freeze as the price ran to $9,000/MWh
- Why hedge funds trade power & gas but mostly steer clear of oil — geopolitics & risk you can't model
- "Binding constraints" — the pricing model he carried off the grid and into startups, AI & supply chains
- Why the guys who take risk for a living buy index funds with their own money

Highlights:
(00:00) Intro
(01:12) Quant researcher execution models within multi-manager hedge funds
(07:35) How transmission line congestion drives alpha in power markets
(13:24) Capital intensity and managing risk profiles of high-skew assets
(19:19) Why commodity desks prefer domestic power over geopolitical oil risk
(22:55) Portfolio construction and risk mitigation during tail-risk freeze events
(31:36) Capitalizing on the physical infrastructure constraints of AI data centers
(36:25) How agentic architecture redefines software engineering and technical moats
(43:04) Quant career opportunity cost relative to the AI paradigm shift
(56:15) Variant views on venture multiples and agentic customer acquisition economics

[Forger @0xfloid]

@ethanrkho @neelsomani lol… we just deleting @EclipseFND from memory? And the other stuff..,

[mute0x @mute0x]

@tomhschmidt >Turns out he didn’t do the bare minimum of dd

🤣🤣

[Forger @0xfloid]

@arkham intern putting in overtime

[Arkham @arkham]

THIS GUY HAS 9 FOLLOWERS - HE JUST MADE A MILLION DOLLARS

Nobody knows who trader @404eq is - but he bought $17.5K of ASTEROID at an average of $2.5M Market Cap.

Since then, he’s up over $1 Million. How bullish is he on ASTEROID?

[Forger @0xfloid]

@arkham @404eq Up only 📈

[Forger @0xfloid]

@DeeZe Whenever deeze feed is calling top for 6 mos that end up being the bottom

[Forger @0xfloid]

@DeeZe This memes itself

[DeeZe ⛳🏌️‍♂️ @DeeZe]

We are so cooked

[DeeZe ⛳🏌️‍♂️ @DeeZe]

shoutout @will__price for forcing me to buy LIT through a vibe coded dashboard comparing it to HYPE

[DeeZe ⛳🏌️‍♂️ @DeeZe]

-75% from 125k is $31,250 btw

[Forger @0xfloid]

@DeeZe My body is ready

[Forger @0xfloid]

@v_computer Ok

[Forger @0xfloid]

@learn2vibe @v_computer Share plz

[Forger @0xfloid]

@v_computer Yo

[Forger @0xfloid]

[]

[Arthemort @Arthemort]

The real reason why NFT Paris was cancelled

- **January 1, 2025** : The father of a crypto influencer kidnapped and held hostage (Saint-Genis-Pouilly, Ain)

- **January 21, 2025** : David Balland, co-founder of Ledger, and his partner kidnapped and held hostage. Acts of mutilation (Vierzon, Cher)

- **January 24, 2025** : A Bitcoin miner kidnapped and held hostage (Troyes, Aube)

- **February 8, 2025** : Kidnapping of a crypto investor (Paris)

- **May 1, 2025** : The father of an entrepreneur kidnapped, acts of mutilation (Paris)

- **May 13, 2025** : Attempted kidnapping of the daughter of Pierre Noizat, CEO of Paymium (Paris)

- **May 18, 2025** : Planned kidnapping of an investor foiled by the police (Normandy)

- **May 26, 2025** : Police arrest 10 hooded men, thwarting their attempted kidnapping of a Bitcoin miner (Nantes, Loire-Atlantique)

- **June 13, 2025** : A trader kidnapped (Juvisy-sur-Orge, Essonne)

- **July 7, 2025** : Assault on a woman at her home in front of her family because of her crypto holdings (Suresnes, Hauts-de-Seine)

- **August 5, 2025** : A man working in the crypto sector assaulted and robbed (Paris)

- **August 26, 2025** : A former trader kidnapped and held hostage (Saint-Germain-en-Laye, Yvelines)

- **August 29, 2025** : A Swiss man kidnapped and held hostage (Valence, Drôme)

- **September 26, 2025** : Police catch several people red-handed while committing an attack at the home of a crypto professional (Rambouillet, Yvelines)

- **October 1, 2025** : A family, whose father is a crypto investor, threatened by a criminal group (Val-de-Marne)

- **November 22, 2025** : Six men arrested and suspected of having wanted to kidnap a crypto holder for the 4th time (Chalon-sur-Saône, Saône-et-Loire)

- **December 1, 2025** : The father of an entrepreneur based in Dubai victim of a violent kidnapping in the middle of the street (Val-d'Oise)

- **December 18, 2025** : A professional in the sector and his partner held hostage at their home (La Rochelle, Charente-Maritime)

- **January 6, 2026** : A young woman held hostage by several hooded individuals (Manosque, Alpes-de-Haute-Provence)

- **January 9, 2026** : An engineer kidnapped from his home (Saint-Léger-sous-Cholet, Maine-et-Loire)

- **January 9, 2026** : A cryptocurrency investor and his family tied up and beaten at home (Verneuil-sur-Seine, Yvelines)

[Forger @0xfloid]

@ollieblocmates @grok so what is "The Only Opportunity Left In Crypto"?

[Forger @0xfloid]

Colonialism 2.0?

US->Venezuela
Russia->Ukraine
China->Taiwan

[Forger @0xfloid]

@nikitabier @DougieDeLuca

[IcoBeast.eth🦇🔊 @icobeast]

https://t.co/wDByXeoed0

[Forger @0xfloid]

Bearish

[rAAVE 👻 @raave]

Please bring an umbrella to rAAVE ☔️