Daniel Winkler

Opportunistic PE at a family office | formerly @lazard and @northwesternu

[Daniel Winkler @DanielWinkler17]

@atwersky24 @carolyn_twersky

[Ramp Capital @RampCapitalLLC]

THREAD: The rise and fall of WeWork. Told through a series of GIFs from The Office.

Starring Michael Scott as Adam Neumann.

[Daniel Winkler @DanielWinkler17]

7/ Overall offers a promising asset allocation opportunity, but not necessarily a market timing opportunity

[Daniel Winkler @DanielWinkler17]

Highlights from:

https://t.co/SYir7PPjQn

1/ EM are relatively cheap on a historical valuation basis (using CAPE as a guide) compared to U.S. stocks

[Daniel Winkler @DanielWinkler17]

6/ Caveats to the EM narrative are: historical CAPE valuations serving as a poor guide and earnings failing to normalize

[Daniel Winkler @DanielWinkler17]

@LewisHowes Macro patience, micro speed

[Ramp Capital @RampCapitalLLC]

Live shot of LaGuardia TSA

[Daniel Winkler @DanielWinkler17]

Interesting take by ⁦@themacrotourist⁩ on shorting $AUDCAD as a proxy for the short China trade https://t.co/8jUfRpCjVC

[Daniel Winkler @DanielWinkler17]

“If you want to build a ship, don’t assign people tasks and work, teach them to long for the endless immensity of the sea” - Antoine de Saint-Exupéry

[Ramp Capital @RampCapitalLLC]

Naming my next kid Davos

[Ian Cassel @iancassel]

“In bear markets, stocks return to their rightful owners.” - J.P. Morgan

[David Perell @david_perell]

Love this from Marc Andreesen:

"The world is a very malleable place. If you know what you want, and you go for it with maximum energy and drive and passion, the world will often reconfigure itself around you much more quickly and easily than you would think." - @pmarca

[Daniel Winkler @DanielWinkler17]

“Relentlessly prune bullshit, don’t wait to do things that matter, and savor the time you have. That’s what you have to do when life is short.” ⁦@paulg⁩ https://t.co/m79KftaqVy

[Naval @naval]

In physical domains (diet, workouts), consistency is king.

In intellectual and social domains, wins are rare, sudden, and nonlinear - 99% of effort is “wasted.”

Once we find our ideal spouse, career, friends, we realize how much time we squandered by not moving on sooner.

[Daniel Winkler @DanielWinkler17]

@carolyn_twersky Have to build upon the successful consolidation of the Evanston lemonade stand industry

[Josh Wolfe @wolfejosh]

CREDIT comes from latin root CREDERE—

—which means “TO TRUST, TO BELIEVE”.

When DOUBT is low, interest rates are low, loan demand is high. When DOUBT rises, rates rise, demand falls.

It is market’s measure of one’s trustworthiness + belief.