Richie Risk

Futures / Options / Equity Trader

[Richie Risk @RiskRichie]

@agnostoxxx Yeap Jim Chanos said it on CNBC or Bloomberg this is the golden age of scammers

[zerohedge @zerohedge]

*SITUATIONAL AWARENESS MAKES INVESTING RETURN WITH $400M BET

this time with 8x TRS leverage

[Not Jerome Powell @alifarhat79]

Trump after the Trump before the
market closes: market opens:

[Richie Risk @RiskRichie]

@F_Compounders Young predator

[Kenneth Dredd @KennethDredd]

His wedding guests are arriving? Now crash his fund

[Richie Risk @RiskRichie]

@Mayhem4Markets Ayatolla Trumpaolla

[Markets & Mayhem @Mayhem4Markets]

Just in: Trump orders fresh attacks on Iran.

[GURGAVIN @gurgavin]

ORACLE IS NOW SPENDING 100% OF IT’S ENTIRE REVENUE ON CAPEX

AM I THE ONLY ONE WHO THINKS ORACLE HAS GONE CRAZY

$ORCL

[Inverse Cramer @CramerTracker]

Never stood a chance

[Goshawk Trades @GoshawkTrades]

a 24-year-old ex-openai researcher ran a fund to $45 billion with eight people, was up 439% net through june, and by the end of july had sold his entire public stock portfolio to ken griffin in a single block trade.

griffin described this exact failure mode two years ago, asked why portfolio managers wash out at citadel:

"you have a portfolio that is extraordinarily highly concentrated, you have large positions, you cannot demonstrate a clear and concise competitive advantage in why you own those positions."

"and there are some people that just, with full information, are unable to help themselves and get to a better portfolio construction."

he was also asked the opposite question in the same interview, why citadel keeps working, his third and final answer was this:

"it's experience. it's the price paid in losses and pain that converts into wisdom. my leadership team, we've been through a lot of very difficult moments of the markets together. we've learned some very bitter lessons. but it makes us much more effective as investors in periods of turmoil and crisis."

citadel started in november 1990. situational awareness started in 2024, long AI infrastructure and short software at roughly 4x leverage. both legs went against it in the same three weeks.

there was no bitter lesson priced into that book yet.

that's what got bought.

he wasn't wrong about AI. he was wrong about the construction of his book.

[Richie Risk @RiskRichie]

@jam_croissant Now he knows who runs the casino!

[ Q-Cap  @qcapital2020]

EVERY BULL MARKET HAS THEIR SACRIFICIAL LAMBS

WE HONOUR YOUR SERVICE

[TrendSpider @TrendSpider]

Leopold? Nah…

[Richie Risk @RiskRichie]

@agnostoxxx Citadel went for him, always pay omage to the king!

[Richie Risk @RiskRichie]

@JoeyGEX That fisherman called the bottom

[Richie Risk @RiskRichie]

@AstroCryptoGuru Man this one was so obvious

[Wall St Engine @wallstengine]

FED WARSH:

SURGE IN HIGH-TECH CAPEX HAS BEEN REMARKABLE

[zerohedge @zerohedge]

*WARSH: I'VE BEEN TRYING TO GET UNFILTERED MESSAGE FROM MARKETS

*WARSH: WE'RE TRYING NOT TO INTERFERE WITH THAT MARKET SIGNAL

*WARSH: MARKETS ARE REACTING TO EVENTS MUCH MORE DIRECTLY