Franco Falcigno

Get busy living or get busy dying.

[Investing Addict @InvestingAddict]

Me: “Insider trading is disgusting.”

Also me if I had insider information:

[Verbal Riot @verbalriotshow]

As a human being... I'm repulsed.

As a betting man... I'm intringed.

[Papo Econômico @opapoeconomico]

Você alavanca 10x achando que vai ficar rico mais rápido.

Matematicamente, está fazendo o oposto.

Em 1956, um engenheiro da Bell Labs chamado John Kelly Jr. resolveu um problema que ninguém tinha formalizado: qual é o tamanho ÓTIMO de uma aposta?

A resposta mudou cassinos, hedge funds e mercados de previsão. 🧵

[Min Choi @minchoi]

This AI is pretty wild.

LingBot-Map can turn a live video stream into a 3D reconstruction in real time.

20 FPS

Code + Model 👇

[bárbara @ramblinn_]

No quiero escuchar nada más de claude code quiero volver a musimundo a escuchar cds desde esas máquinas tipo totem discman

[Tute @tutefunado]

Voy a emitir mi unica y no solicitada opinión al respecto: No le pueden dar tanta bola a una foto, están muy solos y muy desempleados.

[Stuka @stuka345]

Si vas a criticar a un jugador de fútbol por sus acciones fuera de un campo de juego, no podes ser fanático de Maradona.
Y si sos fanático de Maradona y criticas a un futbolista por lo que hace fuera de un campo de juego sos un hipócrita hijo de puta.

[Belén Alvarez 🇦🇷 @Belu_belhh]

Nada más antipatria que odiar a Messi.

[fedez- @____fedez____]

Esperaba que fuera un baiteo de los libertarios, pero veo que de verdad lo están criticando a Messi por haber ido a la Casa Blanca. Es imposible, uno lo intenta pero ustedes son muy boludos.

[PERRO @perrodelAMBA]

Uno de los objetos más pesados del universo son los que sobreactúan amor por Maradona. Aparecen todos hoy.

[exitpump @exitpumpBTC]

https://t.co/JykYRqnKKi

[flores @flores_st_]

Cuando le corrijo a chatgpt un error y me responde ‘jaja tenés razón’ cómo te cagaría a trompadas

[Lucía 🐝 @__reina_momo__]

Que cosa de porteño sacar a pasear al gato. En el interior los gatos son barrabrava del club de fútbol más cercano

[sysls @systematicls]

There are only 4 ways to make money:
1. You are selling a service - e.g. providing liquidity/options for willing buyers.
2. You are earning a risk premium for doing something risky with your cash, e.g. you are willing to buy growth stocks before they have become empirically successful and hold them through the ups and downs.
3. You have an information edge that comes from either having access to data that the dollar-weighted average participant do not, or are able to transform and extract excess signal from contested data.
4. You have a structural edge that the dollar-weighted average participant do not - e.g. VIP fees, QFII feeds, etc.

If something does not seem like it fits into one of these 4 buckets, it likely does not make money.

[Shanaka Anslem Perera ⚡ @shanaka86]

THE $48 BILLION MATH ERROR

Strategy Inc. just disclosed something extraordinary. They own 649,870 Bitcoin. That is 3.26 percent of every Bitcoin that will ever exist. Total cost: $48.37 billion.

They also disclosed the numbers that prove this cannot survive the next 90 days.

Here is the accounting reality they published but nobody is reading correctly.

Strategy has $54 million in cash. They owe $700 million per year in preferred stock dividends. Their software business generates negative cash flow. To pay dividends, they must raise $700 million in new capital every single year before buying a single additional Bitcoin.

They raised $19.5 billion in the first nine months of 2025. That money did not go to new Bitcoin purchases. It went to service the debt from previous capital raises. This is Ponzi finance by definition: borrowing to pay the interest on prior borrowing.

The machine only worked because their stock traded above the value of underlying Bitcoin. When shares traded at 2x net asset value, issuing equity increased Bitcoin per share for existing holders. That premium collapsed to 1.0x in November 2025. Issuing equity now dilutes shareholders. The recursive accumulation loop stopped functioning.

The preferred stock makes it worse. STRC started at 9.0 percent dividend rate in July. Management raised it to 10.5 percent by November. Every time the stock falls below $100, they increase the dividend to attract buyers. There is no ceiling. If confidence breaks, the dividend spirals until they cannot pay without selling Bitcoin. Selling Bitcoin destroys the thesis that justified the accumulation.

January 15, 2026 is the date that decides everything. MSCI announces whether companies with over 50 percent of assets in digital currencies get excluded from indices. Strategy is 77 percent Bitcoin. Exclusion is not discretionary. It is mechanical. JPMorgan estimates $2.8 billion in forced selling from index funds. Total outflows could reach $8.8 billion.

Fifteen to twenty percent of market cap liquidated by algorithms that do not care about fundamentals.

The October 10 crash was the preview. When Bitcoin fell 17 percent, order books collapsed 90 percent and $19 billion in positions liquidated in 14 hours. Strategy holds 3.26 percent of total supply. If they are forced to sell 100,000 Bitcoin to meet obligations, there is no liquidity to absorb it without breaking the market.

Strategy claims 71 years of dividend coverage. The math assumes they can sell $1 billion of Bitcoin annually without moving the price. October 10 proved that assumption is false. The market cannot absorb sovereign-scale selling during stress.

This is not about whether Bitcoin succeeds. Bitcoin will outlive Strategy Inc. This is about whether corporations can hold sovereign monetary reserves using quarterly refinancing and monthly dividend obligations. Sovereigns operate on infinite time horizons. Corporations operate on 90-day cycles.

By March 2026, the market delivers its verdict. Either Strategy restructures, shrinks, and survives diminished, or the entire corporate Bitcoin treasury model ends as a failed experiment. The timeline is exact. The mechanics are observable. The resolution is unavoidable.

What happens in the next 90 days will define corporate finance and monetary competition for the next 50 years. The numbers are already published. The outcome is already determined. Only the recognition remains.​​​​​​​​​​​​​​​​

Read the full deep dive analysis here - https://t.co/12arS0GUGH

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[toy re loco @lichaxis420]

llamarse galileo galilei es como llamarse tralalero tralala

[ᴍᴇʟɪɴᴀ @MelinaIchu]

Sabés que a Harvey Specter se le viene tremendo juicio cuando el capítulo empieza así

[ori apple @mooooonscorched]

por qué los argentinos somos tan fantasmas y hacemos tanta perfo con cada boludez que se vuelve popular?

[Sammar @SamuelJRabbit]

Mis viejos:
-"Sos una decepción"

Mi novia:
-"No me satisfaces"

Mi psicólogo:
-"Matate"

Una paloma:
"Escuchame... TORRENTE DE FACHA, no tendrás un pedacito de pan para girarme, rey de los cracks"