Andy asks @0xMert_ what he thinks about Arthur Hayes’ trading strategies.
Mert: “Fundamentally, I don’t give a shit.”
“If you get emotional because some random dude who has made his entire living swing trading has an opinion, then he owns you in some sense. He occupies way too much space in your mental framework.”
There are thousands of languages Mert could have chosen to respond in, and I’m glad he chose the language of facts.
Jeremy Lin is back in New York during the Knicks’ Finals run and shared a powerful lesson he learned the hard way throughout his basketball journey:
“When I was in middle school, I thought if I could just make varsity when I get to high school, that’d be everything. Then I got to varsity, and my high school coach was like, ‘You could play college.’ And I was like, man, if I could play college, I’m good.”
“If I’m not content, or if I’m not happy and fulfilled today, I won’t be happier and fulfilled if one day I can get to where I want to get to.”
“It’s not wrong to have goals. It’s not wrong to have dreams. We should work hard and chase them. But if we’re not enjoying the journey, and if we’re not content with who we are today, even if we get to where we want to get to, we won’t be content.”
James Friel reveals exactly where the $100M goes and how redemptions actually work:
"It's a split, EtherFi's LP base plus managed capital from their liquid vaults — into a basis trading vault and a bespoke vault we put together."
"The bespoke vault: a CLO product, diversified investment-grade bonds, and an on-chain syndicated loan product from FalconX."
"The design: competitive DeFi yields while maintaining liquidity sleeves in tokenized money market funds, daily redemptions up to reasonable targets. In
Live view from outside MSG
No doubt in my mind we sweeping those kids in San Antonio
You can’t match this energy anywhere else in the world
Knicks in 4