Ray Bawania

Being cognizant of the macro creates opportunities in the micro. Research.

[Ray Bawania @RayBawania]

@UnHedgedChatter https://t.co/8O2Fe4Frmg

[Jack Krawczyk @JackK]

@wongmjane still working on getting that right :)

[Ray Bawania @RayBawania]

@UnHedgedChatter https://t.co/e5kUihGOqU

[Jane Manchun Wong @wongmjane]

Google Bard can’t write a function that adds two numbers

[Ray Bawania @RayBawania]

@nachkari They give this out to all MBA entrants on the first day. Most people just toss it out. I read it front to back on the first day after reading the first two pages.

Easy to read, practical and there's a quote on enjoying youth vs wishing you were him that stuck in my head

[Ray Bawania @RayBawania]

@nachkari You would get more units because the labour that's currently building infill detached could spend their resources on MF.

Many small builders go towards low hanging fruit for good reasons. Approval uncertainty, delays and red tape make missing middle very unappealing right now.

[Ray Bawania @RayBawania]

@drewinning @RealSalluKhan @TooncesDog @JohnPasalis Some more detail: Cap rate isn't financing cost based. Think of it as the yield you would earn if you had the property paid off and were a hands off investor.

(Rent for the full year - property tax - maint costs - property mgmt fee - vacancy loss) / Property Value

[Ray Bawania @RayBawania]

@fahdananta Similarly, everyone's a genius in a bull market. High beta is like adrenaline till market turns.

[Ray Bawania @RayBawania]

@drbillsz @Noahpinion The idea that the data is updated based on crsp is known but to see the final result change so much based on those updates leads makes people wonder about the robustness level everyone had hoped for.

[Ray Bawania @RayBawania]

@UnHedgedChatter Likely not true, but important that he believed it

[Ray Bawania @RayBawania]

@FlagRockCapital @Sparticuszorro Think so

[Blockworks @Blockworks]

NEW: Goldman Sachs has filed for a DeFi ETF

Credit: @EricBalchunas

[UnHedgedChatter @UnHedgedChatter]

Staying long innovation. Will die on this hill. $GOOG $GOOGL

[Oxford Economics @OxfordEconomics]

Canadian consumers are sitting on a stockpile of savings and are poised for a spending surge. But not all of that money is available for spending. Much has gone into paying down household debt and investing in housing or financial assets: https://t.co/s7T6JD50um

[Ray Bawania @RayBawania]

@fahdananta @nachkari @shaklakhani @itskeean Gifted school for the hood

TOPS was the first test I ever took in a big group setting. Was just on awe but I don't know why lol
Clearly your results were better than mine 😅

[UnHedgedChatter @UnHedgedChatter]

Barron’s cover. 😬

[Ray Bawania @RayBawania]

If nothing else, this wins as the longest thread I've seen on an idea

[Fahd Ananta @fahdananta]

Friends, @goConvictional is hiring a Product Designer

I'll pay you $10K (4.5 ETH or 45K doge) if you intro me to someone they end up hiring. You can intro yourself too.

Same goes for a head of engineering. Checkout the designer role here 👇

https://t.co/SEg2mkHpg7

[Ray Bawania @RayBawania]

Where else would one expect the bulk of revenue in a no-commission platform to have come from?

[*Walter Bloomberg @DeItaone]

In its IPO filing, released Thursday, Robinhood disclosed that 81% of its first-quarter revenue came from sending its customers' stock, options and cryptocurrency orders to high-speed trading firms -- a practice known as payment for order flow.
$HOOD

[Ray Bawania @RayBawania]

@jacobhelberg Opposing viewpoint :

https://t.co/Tc5M5T9jX6

[Ray Bawania @RayBawania]

👀

[cephalopodshop @macrocephalopod]

@RobinWigg Show me a quant fund that isn't looking into crypto, and I'll show you a liar.

[Ray Bawania @RayBawania]

Bloomberg take :

https://t.co/1BNHhPsBpT

[Ray Bawania @RayBawania]

Wild story

[Romeen Sheth @RomeenSheth]

An absolutely wild contract story:

In 2001, Bobby Bonilla retired from the New York Mets.

But the Mets will fork over $1,193,248 to him every July 1st until 2035 (!)

Here’s how he pulled it off: