Minnow

Formerly event/distressed PM London/NY/Monaco. Now investing in RE in Greece

[𝕿𝖗𝖔𝖜𝖑 @tr_owl]

Συνεχίζουμε εδώ. #OlympiacosBC

[Mihalis Stefanou 🏀 @mstef80]

This has been a long time coming, my friend.

[Tony War @TonyWar44]

@agnostoxxx Getting dangerously close to a QUESADILLA (Quagmire Under Extended Supply And Dispersed Iranian Low-intensity Lethal Attacks)

[Le Shrub🌳 @agnostoxxx]

Trump pausing the "period of energy plant destruction" in Iran by 10 days is NOT a TACO, but more of a NACHO:

Not
Actually
Changing
Hormuz
Opening

[EuroLeague @EuroLeague]

It’s been a while 🤯

#RivalrySeries I #EveryGameMatters

[Minnow @KoniKltd]

@xa_xa_xa_xo_xo Για πες;

[Citrini @citrini]

JUNE 2028.

The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.

What happened?​​​​​​​​​​​​​​​​

https://t.co/JzzwCrbJgS

[Minnow @KoniKltd]

@MakisPilouris Εκεί νομίζω ειδα πριν μερικές μέρες έναν 🍆….

[boaz weinstein @boazweinstein]

I have something to say that I think is going to be especially important in the next year.

Another interval fund is about to meet real price discovery.
On Dec. 16, Bluerock’s BPRE will list as a closed-end fund — and I believe it will open at a 30%+ discount to its stated NAV, a $1B+ hit for investors.

FSSL listed in Nov and is down 26% from NAV. @CliffordAsness’ turn of phrase “volatility laundering” was a 🎯 on what’s wrong with private credit and interval funds.

These losses are exactly what happens when the bug becomes the feature. Countless investors were lured by the 1% monthly dividend and a fake Sharpe better than the late great Jim Simons.

It’s going to get ugly…

[Minnow @KoniKltd]

@drazki @agnostoxxx @Citrini7 The only mistake made here was answering to an idiotic comment like yours…. Grow up

[Minnow @KoniKltd]

@HolySmokas $duol

[Minnow @KoniKltd]

@strengthPlan Why?

[Chris Hoeger @DataDInvesting]

Everybody: Man, I wish there were some deals out there I could buy on exceptionally executing companies that are trading at a discount like they were during the April tariff lows.

Also Everybody: I'm not touching $DUOL, which is sitting at its April lows, even though they just showed reaccelerating growth while posting their best free cash flow margins ever.

[Rudy Fernandez @rudy5fernandez]

Greece is also proving to be a strong contender in this EuroBasket. Spanoulis has found the right formula. #EuroBasket2025

[@levelsio @levelsio]

So my personal broker @saxobank has now frozen my brokerage accounts for months now

They keep asking me ridiculous questions like

"Explain why you logged in from the US? Why are you spending so much time in the US?"

I was literally in the US for 2 weeks to travel

"Why are you Dutch but living in Portugal? Explain why you're doing this?"

LMFAO what?!!!!

But okay fine, I'm happy to produce documentation, it sometimes happens with Revolut too, or Wise, but then they unfreeze it quickly

Saxo doesn't believe me though, so now they've asked me for (and I've sent) my:

- home electricity bill
- company ownership statements
- company bank statement
- company tax statement
- personal bank statement
- personal tax statement
- all my flight tickets
- calendar of every single day where I was in the last 365 days (from Nomad List)

And they keep asking more

So I guess hereby I do not recommend Saxo anymore as a personal broker because they're certified GOONs

I had Saxo because I thought it'd be a good hedge because my company already has IBKR, so if I'd put all in one broker company it'd be risky

Anyway FYI go with IBKR

[Barron's @barronsonline]

Kyvistar Brings Ukraine to the Nasdaq. It’s a Play Now—and After the War. https://t.co/tij8bmbyev

[Minnow @KoniKltd]

@EvanFourmizz It’s very good so far

[FuzzyPanda @FuzzyPandaShort]

We are Short Red Cat $RCAT

The best time to short a paid stock promotion is when they finally have to deliver on promises

Former $RCAT employees revealed production problems: ~60% of the hand-made drones don't initially work

Senior Engineers have been quitting for months

[Massimo @Rainmaker1973]

A father discovers that his one-year-old son has an extraordinary talent for basketball.

[Nate Anderson @NateHindenburg]

I am Nate Anderson, the founder of Hindenburg Research referenced repeatedly in this bizarre and fantastical interview. During my career, I helped expose numerous financial scams, including over a dozen Ponzi schemes and numerous instances of public companies lying to and stealing from investors: https://t.co/a40Lw3zTMp

I am immensely proud of that career including our work on Nikola Motors referenced in the interview.

Trevor Milton is a convicted fraudster held criminally responsible for the incineration of hundreds of millions of dollars in retail investors’ hard-earned money. As should be unsurprising, Milton in this interview seems to just fabricate key events and information out of thin air – unfortunately with zero critical questioning or pushback from Tucker.

For starters, contrary to Trevor Milton’s implications that his prosecution was some sort of Biden administration conspiracy, conveniently neither Milton nor Tucker share that the investigation into Milton was started and disclosed in September 2020 – under the first TRUMP administration and well before the 2020 election.

There were numerous inaccuracies throughout the interview. The claim that Hindenburg paid employees for inside information is patently absurd. The key whistleblower discussed in the interview was only briefly a contractor for Milton. He was so horrified by what he viewed as Milton’s repeated false claims that he did a tremendous amount of research on his own, unraveling numerous additional suspected lies that Milton peddled to the investing public.

Further, Hindenburg didn’t “coordinate” anything with media or the DoJ. Such entities ran their own investigations for their own purposes unconnected to us. There was ample evidence that Milton misstated numerous aspects of his business, as the company itself later acknowledged.

It would take hours to write about all the other absurdities, half-truths, innuendos and false statements in this interview but in the interest of correcting some of the record, here’s a handful:

- Milton waxes on about his pardon, but no one mentioned that Milton’s lawyer was Brad Bondi—the brother of AG Pam Bondi. Nor did anyone mention that Milton donated $900 thousand to Trump in October 2024, less than a month before the recent election—strategically timed well after his criminal conviction and immediately prior to the presidential election. Trump acknowledged he had never heard of Milton before being asked to pardon him but relied on others for the recommendation.

- Milton failed to mention that immediately prior to his resignation from his company, beyond the extensive allegations of fraud, he was also publicly accused of multiple instances of sexual assault, including by his own cousin, who went on-the-record with her allegations.

- I can only wonder what kind of investigation Tucker undertook of the fraud allegations against Milton before having him on. Milton literally video-taped a truck rolling down a hill implying that it was driving under its own power. He also went up on stage and said a truck that didn’t work “fully functions and works.”

- Waxing poetic about hydrogen in the interview echoes Nikola’s lies to retail investors that it successfully produced hydrogen at a cost ~81% lower than anyone on earth, a feat that would have upended the entire energy industry had it been remotely true. Nikola’s head of hydrogen production, presumably in charge of this world-changing scientific breakthrough, turned out to be Milton’s own brother, who had no scientific background and previously did odd construction jobs in Hawaii.

- These weren’t one-off misstatements—there were dozens of examples like these. As the DoJ said – and proved in court – Milton “made false claims regarding nearly all aspects of Nikola’s business.” The company itself admitted to many of these false statements, agreed to a $125 million fine, and won an arbitration against Milton holding him personally liable for his conduct.

- Milton claimed that Hindenburg made $30m-$100m on our Nikola investment—this isn’t even close (we made a fraction of that). Trevor seems to just be making these numbers up out of thin air.

Hilariously, Tucker opened by suggesting that short selling was illegal until 2007, a claim that is completely false. After confirming that he knows nothing about the subject, he went on to suggest that short selling should be criminalized outright.

Short selling has existed for hundreds of years, and for good reason. Short sellers play a critical role in the functioning of healthy markets, similar to the role of investigative journalists, (which I presume Tucker considers himself akin to).

Most companies are a force for good and economic growth. However, some companies lie and engage in fraud. Short sellers have exposed nearly every major corporate fraud in the past several decades because just as there is an economic incentive for identifying the good companies, there is also an economic model for identifying the scams. This is how free markets and free speech works—helping weed out the bad companies and those stealing from investors so good companies have more room to thrive.

Claiming to be a free speech advocate while casually advocating for the imprisonment of anyone who dares to speak critically about public companies is a contradiction of the highest order.

In short, Tucker, I highly suggest you actually vet the people you welcome onto your platform. If you find yourself staring, mouth agape at your interviewee, repeatedly saying “Wow! This is unbelievable!” it may in fact be because it’s unbelievable.

You reach a lot of people and this one was an avoidable miss. Good day.