Daxin Wu

[RelaxView @RelaxView]

兄弟们就别沉迷刷抖音了。
强烈推荐花3个小时看完北京大学内部投资学习课程。 投资必看��
李录演讲：全球价值投资与时代
经典中的经典

[Daxin Wu @DaxinWoo]

"There is a good chance that the war will be so subtly fought that we won’t see it being fought."

[Ray Dalio @RayDalio]

https://t.co/ZNaQtDhoH6

[Ray Dalio @RayDalio]

https://t.co/tjmbT5ytUN

[Cassandra Unchained @michaeljburry]

One reason Greenland is strategically important to the US is in fact twofold:

1. It’s the best place to set up anti-missile defenses to intercept ICBMs coming from Russia / China

2. It’s a very good place to set up offensive missile capabilities to threaten Russia / China

The WSJ had a good graphic out a few days ago showing the trajectory of missiles from ICBM sites around Russia to the US would fly overhead or near Greenland, which also happens to be almost directly beneath where those missiles would reach their highest points (“apogee”) which is when they are most vulnerable to interception because they are traveling at their slowest speeds.

If you throw a ball into the air you’ll see the same effect - the ball is slowest at its highest point. 

And for an intelligently guided missile capable of trying to evade interception, you have an even better chance to shoot it down from a point directly beneath it since that is the closest path to the missile (i.e. least amount of warning time for the missile to realize an interceptor is coming).

This above is all courtesy of our resident rocket scientist Phil.

The US already has the right to dot Greenland with military installations, and I imagine that extends to intercepting ICBMs. Though Europe might object for some purposes.

[Daxin Wu @DaxinWoo]

@JavierBlas These Israelis have gone CRAZY.

[Daxin Wu @DaxinWoo]

@PeterSchiff Tariff is tax, just as pork is meat. English vocabulary often doesn't reflect the complete meaning of a word. This is a defect of the language.

[Daxin Wu @DaxinWoo]

@JanGold_ In the short run, you're right. But in the long run, don't underestimate the appetite of Chinese to save money (in gold)😆.Our people love to save money!😆

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA Those conventional economists need to overcome their representative bias. Economics is not all that easy.

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA Hi, rob! Whasup🤣

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA The resilient Chinese investors..😰What have we done wrong..🤣

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA This is similar to a chess game. US has made a move. China's retaliatory respond can certainly be expected, so does policy measures to further boost the domestic demand.

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA "Boost comsumption" is listed at the first place among the top 10 agendas, followed by "technological innovation" at 2nd place.

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA It is very positive that the cultural exchange of this level and scale has happened. This is an eye-opening experience for the common public in both China & USA.

[Jim Bianco @biancoresearch]

Keep this in the back of your mind when watching markets in the coming days ...

In terms of money:

The 2018 " Campfire" wildfire cost ~$12.5 billion. That was the old wildfire record.

The current wildfires, most often referred to as "Palisades Fires" (even though there are technically five of them), are now estimated (read: educated guesses) to cost $150 to $200 billion. And the fires are still ongoing.

This wildfire is now in the running for the most expensive natural disaster in American History.

So, the financial markets are discussing a POTENTIAL contagion in the Property/Casualty insurance sector and a POTENTIAL extinction-level event for some P&C companies.

The State of California and the City of Los Angeles could face massive clean-up costs, huge subsidies to the affected, and a significant loss of tax revenues in 2025 and beyond. This could lead to significant downgrades of their municipal bonds, POTENTIALLY triggering a contagion in the larger Municipal markets.
---
POTENTIAL means this is all fluid, and these statements make many assumptions.

Nevertheless, this is the discussion all weekend.

[Daxin Wu @DaxinWoo]

@HAOHONG_CFA @AmericanExpress 这让我想起我的储蓄卡���英国HSBC扣为负值的经历，而且从不搭理你的投诉，简直太几把扯了——论如何把自己的生意做绝。

[Daxin Wu @DaxinWoo]

@JanGold_ abusive use of drugs

[Daxin Wu @DaxinWoo]

such info-intensive conversation

[Tucker Carlson @TuckerCarlson]

Elon Musk is all in.

(0:00) Elon Musk Is All in on Donald Trump
(6:35) Providing Starlink to Victims of Hurricane Helene
(9:22) If Trump Loses, This Is the Last Election
(21:49) The Epstein and Diddy Client List
(33:38) Vaccines
(35:49) The Movement to Decriminalize Crime
(50:22) Gavin Newsom
(53:11) Europe’s Declining Birthrate
(57:02) We Need Religion
(1:08:04) Why Is There So Much Anti-Human Messaging?
(1:19:33) AI and the Woke Mind Virus
(1:43:01) Musk’s Role in a Trump Administration

Includes paid partnerships.

[Hua Chunying 华春莹 @SpokespersonCHN]

“Black Terror” ➡️ Red Flags

Upper pic: In 2019, “black terror” ravaged Hong Kong. The “Pearl of the Orient” was shrouded in turmoil and destruction.

Lower pic: On July 1, 2024, people in Hong Kong waved red flags in annual celebration of Hong Kong’s return to the motherland.

[Hua Chunying 华春莹 @SpokespersonCHN]

Smoggy Sky ➡️ Clear Sky

Upper pic: Tian’anmen Square shrouded in smog in Jan. 2012

Lower pic: Tian’anmen Square under a clear and blue sky in Jul. 2024

[Daxin Wu @DaxinWoo]

@JanGold_ BRICS Summit, Kazan Russia, October 22.