Lechter Ventures

Focused on being empirical vs cynical. "Be an owner not a renter." Tweets arent investment advice but personal opinion.

[Lechter Ventures @LechterV]

Ever wondered how much the VXX changes overnight? While the volatility ETF has only been around since 2016, we can use its prospectus to model out its prices going back to the formation of VIX futures ~2008.

[Guinness World Records @GWR]

today's as good a day as any to decide you want to break a record

[Lechter Ventures @LechterV]

@AndrewThrasher Wishing you a speedy recovery!

[Ryan RC Rea @volvoshine]

About time

[John Summit @johnsummit]

i have decided that if u surround yourself with the right people miami is the best city in the world

[Dan Senor @dansenor]

Awful. Just awful. (And you’re exactly right.)

[Mayor Matt Mahan @MattMahanSJ]

Chasing away Larry Page and other job creators like him through an ill-conceived wealth tax only benefits the thousands of Texans and Floridians who will fill the high-paying jobs of the future. (1/2)

https://t.co/GF7q5s0KJC

[Patrick Collison @patrickc]

Miamiposting might be a phenomenon whose time has passed, but having just spent a few days visiting, it really does feel like a boomtown in a way that no other American city that I've spent time in over the past few years does. In some ways, it reminds me of Chinese cities.

[Lechter Ventures @LechterV]

@profplum99 @SimplifyAsstMgt @t1alpha This looks amazing - can you share a picture of the wellington cut? Making sure the meat is properly cooked inside is tough

[Lechter Ventures @LechterV]

baller

[HY6 @highyield6]

Decent call eh

[Lechter Ventures @LechterV]

@bennpeifert Do you buy single stocks in the PA? Anyone in particular you’d recommend #NIA

[Amanda Goodall @thejobchick]

Why did ALL Mag 7 slow US hiring at the EXACT same time?

(Hint: It's not the economy)

The hiring drop is synchronized across Apple, Google, Meta, Microsoft, Amazon, Tesla, AND NVIDIA.

All slammed the brakes in late-2022/early-2023... and never let go.

We’re not seeing a reversion to old patterns.

CEOs AI-wash layoffs to pump stock - real reason? $420B capex redirected to offshore GCCs (70% savings).

Mag7 bombshells:
- Microsoft: 15K US cuts → India (especially Hyderabad/Bengaluru GCCs) was explicitly spared layoffs and saw massive expansion via $3B+ cloud investments, data centers, and hiring in strategic areas.
- Google: Thousands laid off in 2025 (HR/Cloud/Android teams) while Pichai pours $15B into Visakhapatnam hub - briefed PM Modi Oct 14
- Amazon: 14K managers gone → GCCs (Chennai, Hyderabad) are expanding with AWS/offshore boom
- Meta: 20K+ cuts → India hiring up (Blind: "massive outsourcing")

US tech postings -36% below pre-COVID.
India? +47%.

We all feel the pressure in the labor market for US workers right now.

Bookmark if you are pissed at the gaslighting. Let's start watching these levels every single month.

[Alpha_Ex_LLC @Alpha_Ex_LLC]

Long option holders rejoice! you just got an hour of theta back from the clock change.

[Lechter Ventures @LechterV]

@sdav1986 @Ksidiii Shorting front month /VX futures spreads was a good trade. The contango/cave-in was pretty extreme for historical standards

[Lechter Ventures @LechterV]

“markets are a never say never business”

[Lawrence McDonald @Convertbond]

Signpost Alert - Fartcoin’s market capitalization is (near $1.5B) > 50% larger that the median equity name in the Russell 2000.

[Lechter Ventures @LechterV]

yes

[The Factor Report @PeterLBrandt]

It is most common for me to have reasons to doubt trades I enter
In fact, when I have absolute confidence in a trade it is usually a good sign the trade will be a loser

[Lechter Ventures @LechterV]

@VolatilityVIX Totally get it. Keep up the great content!

[Lechter Ventures @LechterV]

good line

[Lechter Ventures @LechterV]

Joey Chestnut over/under 70 hot dogs???