Lessep Investment Management

Global Equities Portfolio Management.

[Lessep Investment Management @LessepM]

@conroy_david @JeremyCom Sure. 100%. But why do it late, by mail. Why did she not receive 40% of all other votes, not just mail-in?

[Lessep Investment Management @LessepM]

@conroy_david @JeremyCom Where’s the evidence of strategy? Strategy is coordinated. There must have been campaign literature / statements from Raman asking voters to be strategic.

[Lessep Investment Management @LessepM]

Claude speeds DD. But it can’t speed up alpha. Alpha takes time.

[Lance Breitstein 🇺🇸🌎 @TheOneLanceB]

IF CLAUDE/AI IS SO USEFUL, WHY ARENT PNLS GOING UP?

I just made an important point on the @smbcapital call. You can’t go a day without reading tweets about traders using Claude. For 6 months now, Claude has been the talk of many trader calls. Yet from what I’ve seen, it’s not translating to pnl for most traders.

Why?

Because almost always, more data and information is NOT the constraint. The traders that outperformed in April did so because of their systems and execution.

It isn’t that Claude and AI shouldn’t be used or isn’t at all useful. But AI and Claude can become a distraction AWAY from the actions and changes that actually matter and translate into PNL.

If I were a betting man, Claude might have improved workflows for traders, but net, it has probably reduced trader pnl through distraction away from what matters.

[Lessep Investment Management @LessepM]

@kunley_drukpa F then C. D and E are not great. B has some redeeming features. A no thanks.

[Lessep Investment Management @LessepM]

@johnkonrad I like how the Ryan doctrine, make the leader pay the price, is now the Trump doctrine, see Venezuela and Iran.

[Lessep Investment Management @LessepM]

I remember Arcuri downgrading Micron in 2018/19. Something like a $45 target price.

[Dr Vinnie Boombatz @halfblindmonkey]

UBS raising $MU pt to... $1,625

[Lessep Investment Management @LessepM]

Europe Shallow offshore oil is nearly the cheapest oil to produce. Production that would solve some of the UK’s financial problems. Yet it lies in the seabed.

[Lessep Investment Management @LessepM]

@TonyGoldSE @bazdjcooper The ultimate random Souths fan video.

[Lessep Investment Management @LessepM]

@endozduopoly “Australia is a decade behind the US”.

[Lessep Investment Management @LessepM]

@Cernovich It’s unresolved. There’s no outcome to judge. There’s no equilibrium to be sustained.

[tae kim @firstadopter]

Nvidia stock has been quietly outperforming like crazy recently and no one is talking about it (except me). Yes, my friends fundamentals win over time and podshops are the worst (post-earnings reactions).

[Lessep Investment Management @LessepM]

@realRick_AUS The tobacco industry in Australia is evidence the government is not a big fan of the people.

[Izabella Kaminska @izakaminska]

I’m 17 years or more late to this realisation. But… it dawned on me yesterday quite acutely that giving central banks a financial stability and macro prudential mandate was actually a grave error and is partly responsible for the breakdown of the entire independent central banking model. I very much under appreciated these political economy implications at the time.

https://t.co/fIFa2Ql4qw?

[Lessep Investment Management @LessepM]

@NicholasKWolf @mikjcal Lucky I’ll never grow older then.

[Hot Rails — oz/acc @hot_rails]

I got sick of waiting for BOM to publish the 2025 multidecadal rainfall update, so I pulled the data and wrote my own script.

Wet tropics still moving south. Hyper Australia manifestation intensifies.

[Lessep Investment Management @LessepM]

Saudi supporting the US over Iran, and Iran changing its tune post China trip, the realignment will be very different to expectations.

[Second City Bureaucrat @CityBureaucrat]

The realignment begins

[Lessep Investment Management @LessepM]

@CityBureaucrat I came for the discussion of Chicago law. I get insightful economic and geopolitical analysis.

[Lessep Investment Management @LessepM]

@LokiJulianus Suspect China might have something to do with the emergence of a new deal that satisfies the US.

[Lessep Investment Management @LessepM]

@GeoffWilsonWAM “Accidentally”

[Lessep Investment Management @LessepM]

The lack of understanding of how the world works with the confidence to believe you do, explains everything.

[Sunday Mail @Sunday_Mail]

Tomorrow's Sunday Mail front page leads on Malcolm Offord’s finance company only having four staff despite his claim to have employed “hundreds of
thousands of people"

#TomorrowsPapersToday #scotpapers