RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ

Raw = Unfiltered. Booty = Treasure.
Retired hedge fund manager (CME, equities L/S).
commentary on: markets, economics, philosophy, psychology, politics

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

So I just pushed a major update to https://t.co/53FTU49772 this is a project i've been meaning to do for a while. Most of what's on there is foundational knowledge. I will continue to build this out as time passes. everything on there is cc by 4.0. welcome any feedback.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

Thanks i'll read that tomorrow. silicon is pretty much at the limits of physics with 2nm. the purity required with diamond to get yields high enough to make it viable? i suspect will take a long time yet to figure out. probably decades. still interesting to follow as i have been for a long time.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@DowdEdward only one thing you can do...
https://t.co/hjTADnx0OK

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@JasonEBurack power distribution and switching would be my guess, not networking. networking uses tiny wires.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

Age old truth: Labor is very often cheaper than technology.

[Business Insider @BusinessInsider]

Sam Altman said AI budgeting has recently become a "huge issue" for some companies, something that "never came up" earlier this year. https://t.co/P2zODBNmDp

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

Two brutal back-to-back days in SaaS. not making this bet, but i have a feeling tomorrow we go green.

i've been largely inactive today. working on a research paper. 😮

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@Ye_Olde_Holborn there's actually a scene in one of the planet of the apes movies where they actually worship a nuclear bomb.
https://t.co/gfhzyo8E18

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@BoringBiz_ Translation: "I buy ingredients, make donuts and give them away for free. Demand is unlimited, capacity constrained... profits *will* follow. " -sarah friar

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@disoye @Ye_Olde_Holborn @nw_nicholas Daine: by asking this question, you are elevating yourself to that of morally superior... why? is Holborn's opinion of less value than yours on this platform? 🤔

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@toiletkingcap https://t.co/0UdPxDGx0n

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

The volatility in SaaS is pretty impressive. They simply don't have the liquidity they did when prices were higher.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@profitsplusid yup. i used to own quite a bit of it back when it was sub $1k/oz. buying wasn't so hard, selling the spread was quite wide if you weren't willing to shop the metal around.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

I've debated this for decades, having been involved in a number of highly illiquid, non-quoted, commodity markets. it's unclear to me what would happen. frequency of trade would for certain collapse, but price discovery would become much more negotiated, which might actually not be such a bad thing.

it's a complex and difficult question. I'm not sure having millions of retail speculators chasing silver is a good thing net-net. 🤷‍♂️

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@profitsplusid i never owned one, but yes; it's just the point you're trying to make on fabrication premiums. most of the silver speculators fail to understand the comex price isn't for "silver" it's for a specific product, at a specific place and time.

https://t.co/XYDq3GLDL6

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

my understanding is that the real problem here are the impurities and structural irregularities of the crystals. how do you grow the lattice to be perfectly uniform while also being cost effectively.

i've been thinking diamonds are the future for decades, but the technical hurdles seem insurmountable.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

It's not hard to understand when you frame the problem correctly. When people are taught to believe that the opportunity to become wealthy is only possessed by a few, this gives birth to feelings of exclusion & structural disadvantage which fuels envy, and eventually leads to aggression. remember "we are all unique snowflakes" or "we are all special and equal" etc.. they need to teach people about survival bias.

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

@TotemMacro @pmarca this gets much more interesting when stratified by socioeconomics. fear / excitement about ai cluster by profession, education level etc..

[RawBooty.com | Price ≠ ΣFCFₜ/(1+r)ᵗ @RawBooty2]

Truly amazing the opportunities out there right now to buy income. everyone wants to chase AI.