Satu Lagi Family Office

Quant trading, options, and other nonsense. Digital Health and deep tech VC. Kiwifruit grower. Verified nobody. Science, not scientism.

[Satu Lagi Family Office @SatuLagiFO]

@AgustinLebron3 I am far from an expert, but my impression is that C++ broke the brains of a generation of programmers.

[Satu Lagi Family Office @SatuLagiFO]

@infooperative @levelsio Good idea! How do you do that?

[Satu Lagi Family Office @SatuLagiFO]

@otokyo Canons and Roses

[Satu Lagi Family Office @SatuLagiFO]

@b2hcraig That’s a bit cryptic, can you explain more?

[Satu Lagi Family Office @SatuLagiFO]

@DrutangReborn Not like they’d threaten to put you in a mental institution or anything, right?

[Satu Lagi Family Office @SatuLagiFO]

@PaleoOnc @CoffeeBlackMD What? A nuanced opinion on X? I must be hallucinating.

[Satu Lagi Family Office @SatuLagiFO]

This cycle isn’t over until Saylor blows up. I don’t make the rules.

[K A L E O @CryptoKaleo]

“I give you the upside. You have no downside. And I pay you a dividend while you wait to get rich.” - @saylor

[Satu Lagi Family Office @SatuLagiFO]

@edzitron It rounds down to $0 billion, so it doesn’t matter, right?

[Satu Lagi Family Office @SatuLagiFO]

Would you rather smash your cheekbones or Sydney Sweeney? @Clavicular0 @sydney_sweeney

[Satu Lagi Family Office @SatuLagiFO]

Would you rather smash your cheekbones or Sydney Sweeney?

[Joe Rogan Podcast News @joeroganhq]

Clavicular: "Some people think that Sydney Sweeney is extremely attractive. But I would say that she’s pretty malformed. Her upper maxilla is extremely recessed, right. She’s got the eyes of doom with no infraorbital support."

[Satu Lagi Family Office @SatuLagiFO]

@SMVinNC @NolesNJ @daveasprey Have you tried reducing saturated fat as an experiment? Reduce the whole milk and ribeye, have more greens, avocados, salmon, nuts… you can still eat low carb whole foods, but do it in a way that normalises your ApoB.

[Satu Lagi Family Office @SatuLagiFO]

@__paleologo Crunchbase is very poor quality. Pitchbook slightly better. Carta would be pretty clean.

[Satu Lagi Family Office @SatuLagiFO]

This can be reframed as:

- if everybody presses blue, everyone survives
- if you are pressing red, you are hoping that at least 50% of people do it too in order to save you.

Which one is the nice choice again?

[Tim Urban @waitbutwhy]

Everyone in the world has to take a private vote by pressing a red or blue button. If more than 50% of people press the blue button, everyone survives. If less than 50% of people press the blue button, only people who pressed the red button survive. Which button would you press?

[Satu Lagi Family Office @SatuLagiFO]

@macrocephalopod Also, the whole point of commodity futures is to trade the whole curve. A barrel of oil in may 2026 is not the same as a barrel of oil in dec 2026.

[Satu Lagi Family Office @SatuLagiFO]

For the alt part of a portfolio, there are 2 questions:
- do I generate excess returns, i.e. do I beat cash? Beating cash should be the goal of an alt allocation.
- do the excess returns come from beta, exotic beta (risk premium) or alpha? This should drive how the manager is compensated: e.g. ~10bps on AUM for beta, 1% on AUM for risk premium, 20% of profits for alpha…

I guess these nuances will be lost with Blackrock’s approach though…

[Satu Lagi Family Office @SatuLagiFO]

Growing middle class

[Ramp Capital @RampCapitalLLC]

My brain cannot process this. Who are these people? Where are these people?!?!

[Satu Lagi Family Office @SatuLagiFO]

Hang it in the Louvre.

[Restructuring__ @Restructuring__]

People forget how leveraged public investment firms are

Blackstone has $1.3 trillion in AUM

Assume 10% losses due to private credit default, that is $130 billion of losses

Their market cap today? You guessed it, $130 billion

Be careful out there

[Satu Lagi Family Office @SatuLagiFO]

@insights198 @SwattyKay @SCHIZO_FREQ Isotret makes you sunburn very easily. Must avoid sun exposure while using it.

[Satu Lagi Family Office @SatuLagiFO]

Aaaah, it was always “Learn to Claude”…

[Louis Maddox @permutans]

@TheStalwart Always Be Clauding ☝️

[Satu Lagi Family Office @SatuLagiFO]

911, I’d like to report a chart crime

[Nick Maggiulli @dollarsanddata]

If you don't know where the yield comes from, you're the yield.