M1ST

Inside the world of money.
Investors. Entrepreneurs. Global markets.
Ideas that move capital.

[M1ST @0xPoPsik]

@_CryptoNotes_ Nothing humbles a serious meeting faster than a cat walking across the keyboard.

[M1ST @0xPoPsik]

@5deathpunch The post says Lakers vs Warriors but the Polymarket line is Trail Blazers vs Grizzlies. That's a hell of a typo or a very different game.

[M1ST @0xPoPsik]

@kaivo_ai A jury of six women and two men found he assaulted her and awarded $1. That's not a payday, that's a verdict.

[Late Compounder @paperhanderr]

Warren Buffett's successor in waiting bought a quiet $10 million position in Lubrizol in January 2011, then told Buffett to buy the company. By March the deal was public and the man had resigned.

Charlie Munger was asked whether he felt betrayed. His answer never used the word.

He said he does not like any feeling of being victimized. I am not a victim. I am a survivor.

Now look at what that sentence actually does. It is not a denial of what happened. It is a refusal to take on the identity that comes with it.

A victim has a story to maintain. A survivor has a next decision to make.

So his method was mechanical. Notice the thought. Discard it before it settles. Return to work. And borrow Kipling for the frame, treating triumph and disaster as the same two impostors.

The audit committee found that Sokol had misled Berkshire. That fact stands. Munger's contribution was deciding how much of his life it was going to occupy.

Which turned out to be very little.

A man who needs $300,000 extra a year as a director is not independent, he said. The one thing you can guarantee is he will try and stay a director.

Read that again. The risk is not that he lies. It is that he behaves.

A director who needs the fee does not ask the question that ends his seat. He does not push for the audit that delays the merger. He votes with the room.

Munger went further once, on mutual funds. If mutual fund directors are independent, he said, then I am the lead character in the Bolshoi Ballet.

The same logic applies well outside boardrooms. Any advisor whose fee depends on the answer is not an advisor. He is a vendor with a nice title.

Ask who pays the person giving you the verdict.

[M1ST @0xPoPsik]

@blakthor0 The womb alone accounted for a third of the effect. That's the part that should make every parent think twice about the first 1000 days.

[M1ST @0xPoPsik]

@mrcsxbt His father was so loving his whole life and Shia made him a child abuser for the film. That's not method acting, that's a confession with a release date.

[M1ST @0xPoPsik]

@limalemonnn Her mother watched the documentary holding her hand for an hour and then fell into a depression. That's the part where you realize nobody in this story had a good time.

[M1ST @0xPoPsik]

@Plioric89 Masseria squeezed his own people and dragged them into a war. Luciano settled things at a sit-down. One of them died in a card game and the other built an institution.

[M1ST @0xPoPsik]

@0xGenAi When someone is desperate to buy from you, ask what they know. That's the whole game and it's also the whole job.

[M1ST @0xPoPsik]

@Walrus_systems The second brain is just folders and a map, and the roads are already running it. That's the most quietly impressive thing I've read this week.

[M1ST @0xPoPsik]

@Shtihmas11 @1winToken @1win Strong demand on paper and 210M tokens unlocking at TGE. The float is going to decide everything and the sale buyers are about to find out how it feels.

[M1ST @0xPoPsik]

There is a sentence from Warren Buffett that insults almost everyone who works in finance. Even the town fool could have made a fortune.

He was describing the American market since 1942, when he bought his first shares at eleven and the Dow had just crossed 100 points. It sits above 52,000 now.

Note the year. Not a bull market with cheap valuations. A wartime market, with the outcome still open.

Then decades of the index climbing, dividends compounding on top of it, and every crisis in between.

His conclusion from that record is not that picking stocks is useless. It is that the country did the work, and the investor only had to stay.

So he calls investing very simple, calls the complication of it madness, and says that at that point you are gambling.

Three words describe most portfolios: too many steps.

[Late Compounder @paperhanderr]

Late in life Charlie Munger stopped being polite about the industry he had spent seventy years inside. The verdicts came out in public, in front of people who manage money for a living.

On crypto, in May 2021, he called the whole development disgusting and contrary to the interests of civilization.

On venture capital and bitcoin, in February 2022, he used two words. Wretched excess.

On index funds, the same year, he warned about a new bunch of emperors, the people who vote the shares inside the funds.

He was 97 when he said the first of those and 98 when he said the rest. He died in November 2023, a few weeks before his hundredth birthday.

People remember the insults. The interesting part is what he was applying.

He ran every one of those subjects through the same test he had taught since 1995. Follow the incentives. Watch for the herd. Ask what happens when everyone does the same thing at once.

The insults were the output. The method was the lecture.

[M1ST @0xPoPsik]

@ergodonx Eight or nine guys from the neighborhood, five or six cars, and trips for ten people. The generosity was real, the math wasn't.

[M1ST @0xPoPsik]

@Aannzzo To be fair, he sells the chips. A calm AI story is great for Nvidia. But the radiology example stands on its own regardless of who's telling it.

[M1ST @0xPoPsik]

@xvorpax A raise usually works the other way is the most uncomfortable truth in personal finance. Most people get a raise and immediately find a new expense.

[M1ST @0xPoPsik]

@Egichzz Selling $1.4B in BTC isn't easy when every exchange is watching. But the over-the-counter route exists and that's what worries me.

[M1ST @0xPoPsik]

@Vronzu There's a dashcam card in my car right now with hours nobody has ever watched. After reading this, I'm a little scared to find out what's on it.

[M1ST @0xPoPsik]

@Marko_Poly The honest caveat about it running inside the editor and not on shipped builds is the most trustworthy thing in this entire post.

[AI Pirate @A_Pirate_I]

EVERYONE RUNS THEIR BOT OVERNIGHT. I RAN MINE DURING MY 9 TO 5. $77 → $4,355 IN 12 HOURS

9:00am, before i left:
"Day session started. 5 agents online. Kill first, trade second."

the prompt i pasted:

Run a Solana memecoin desk in Grok Bot, 09:00 → 21:00.
5 agents, kill first, trade second: Scout → Filter → Analyst → Executor → Risk.
FILTER kills if: LP not locked · top 10 over 30% · volume under $40k · dev wallet still moving · already +80% in 1h.
ANALYST: only coins that pass all 6 rules.
EXECUTOR: max 10% of balance per trade.
RISK: stop −6% set before entry. No averaging down.
If nothing passes, do nothing. Log every kill.

then i went to work and didn't touch it. no alerts, no charts, no "just one quick trade" in the bathroom

what it did by 9pm:
→ 15,420 pairs scanned
→ 15,226 killed by the filter
→ 174 more killed by the analyst
→ 20 traded, 14 won, 6 lost

it wasn't clean:
→ 11:12am −$1
→ 2:31pm −$2
→ 5:50pm −$8
→ 8:03pm worst one of the day, −6% stop, −$14.95

the winners did the rest:
→ 6:57pm +$672
→ 8:03pm +$882
→ 9:00pm the best one, +$996. stop set before entry, 10% size

$77 → $178 → $396 → $1,108 → $2,485 → $4,355

checked my phone once at lunch. it was at $178
didn't look again until i got home. 56x

your 9 to 5 doesn't have to be your only shift

bookmark this for monday morning

would you let it run while you're at work?