Puffy

Senior Analyst at Goldman Sachs

[Puffy @Puffy40124]

@econoar @Lighter_xyz @aixbt_agent

[lynk @lynk0x]

When you know the trade is going to zero.

But you've mastered your emotions and accepted it.

[Puffy @Puffy40124]

@VietnamPenguin @sershokunin Good luck shorting cme

[Puffy @Puffy40124]

@ACsstyle @0xNairolf Why hype don’t you think if actual native stocks come regulators will demand kyc? There is no way anyone will be able to buy actual stocks without kyc the SEC was clear a tokenised security is still a security. Hype is bullish for perps. The ticker are SOL and CFG.

[Puffy @Puffy40124]

@0xNairolf Genuinely question how is hype gonna benefit the most there is no way tokenized stocks come and regulator allow anyone to buy them without kyc.

[Puffy @Puffy40124]

@0xNairolf CFG is the ticker for it

[Puffy @Puffy40124]

@DefiIgnas Great post 🔥 you left out @centrifuge (CFG) one of the best opportunity right now if you believe in the tokenization narrative

[World of Statistics @stats_feed]

If you sleep 5 hours per night and die at age 75, you'll still have spent just as many years awake as a person who sleeps 8 hours per night and dies at age 89.

[Puffy @Puffy40124]

@hicasamadim 72

[nairolf @0xNairolf]

im really not joking

whoever lets people tokenize the stocks they already own directly from their broker in one click is building at least a 10b company

it is the new bridge

tradfi assets → onchain

[Puffy @Puffy40124]

@0xNairolf Brother let me say that you are very smart every post is a banger. I work for CME I will quit my job you and me we build this shit. I worked at Goldman and MongoDB. What do you think

[Ryan B @Network_Guy8]

JP Morgan interview process.

[mert @mert]

incredible things happening at JP Morgan

[Max Blade @_MaxBlade]

You realize what this means!?

Stripe just gave you a new way to create generational wealth.

They invented an entirely new marketplace.

Agents will be spending millions, and eventually billions of dollars for individuals and corporations.

The marketpalce is empty right now.

IT IS YOURS FOR THE TAKING.

Build a service as a software ( YES SAAS V2 ), make it so that agents can use and spend on your platform.

WIN WIN WIN.

WAAAAAAKE UPPPPP.

[poof @poof_eth]

Had a Jane Street interview in 2013 that still bothers me.

It was my 6th round. Final interview. The guy walks in carrying no laptop, no notebook, just a cold brew and what I later realized was a single IKEA tea candle.

He writes on the whiteboard:

food: $200
rent: $800
utilities: $150
candles: $3,600
family: dying

Then he turns around and says, “Optimize.”
I laughed because I thought it was a culture-fit bit. He did not laugh.
So I said, “Well, obviously you spend less on candles.”
He says, “Assume candles are non-discretionary.”
Okay.

I start building a model. Basic constraint satisfaction. Family survival as a soft penalty. Candles as a state variable. Maybe there’s an arbitrage where you buy wholesale paraffin and convert the $3,600 line item into inventory.

He stops me.

“You’re thinking like a consultant.”

That’s when I knew I was in trouble.

He says, “Give me a bid-ask on family dying.”

I say, “What?”

He says, “You’re long candles, short family. Where do you make markets?”

I try to recover. I say the real issue is liquidity: rent and utilities are fixed, food is elastic, candles are emotionally inelastic. Therefore the optimal strategy is to securitize future candle enjoyment and borrow against it.

He nods for the first time.

Then he asks, “What time do you sell the candles?”

I say, “Whenever the market is liquid?”

He says, “Be more specific.”

I say, “Uh… 10 a.m. Eastern?”

For the first time, he smiles.

He goes, “Every day?”

I say, “Every day.”

He says, “In size?”

I say, “In size.”

He says, “And what do we call that?”

I say, “Market manipulation?”

The room gets very quiet.

He looks disappointed and writes something down.

“No. We call it providing liquidity to candle ETFs during the U.S. cash open.”

I try to save it. “Right. Of course. The family isn’t dying because we underfunded them. They’re just experiencing temporary price discovery.”

He nods again.

Then he points back at the board.

I had missed it. The utility bill was $150, but candles provide light. You can zero out utilities.

I update the budget:

food: $200
rent: $800
utilities: $0
candles: $3,750
family: still dying, but now in a more capital-efficient way

He says, “How confident are you?”

I say, “0.95.”

He smiles and circles candles.

“0.95 huh?”

Then he asks me to estimate how many leveraged longs get liquidated if we dump $3,750 of candles at 10:00:01 every morning for 90 consecutive trading days.
Needless to say I did not get the offer.

[naiive @naiivememe]

still the best tweet

[Jeff Tang @jefftangx]

The year is 2056**

There are only 3 businesses left

- AI companies
- Gambling companies
- Drug companies

2026**

[CL @CL207]

i was sniffing gasoline to get high but these days we switched to cocaine to save money

[Pump.fun @Pumpfun]

me and the boys pulling up tomorrow (we are NOT exit liquidity)

[lynk @lynk0x]

We really spent 20+ years in school just to get addicted to guessing up or down.