S

[S @Syamilsan]

Pasukan bola sepak Kelantan sekarang hanya dianggap sebagai bahan jenaka sahaja. Suatu keadaan yang sangat menyedihkan dan pahit untuk ditelan oleh rakyat Kelantan.

[Financial Times @FT]

Bessent gets Drucked https://t.co/2gjkA5XjoQ

[S @Syamilsan]

With every hardship, comes ease. Be patient. Be patient. It all will work it out in the end.

[Incentivising @incentivising]

Game theory pretty much proves that the long game is not a strategy most people can execute at all. That's because it tends to require a negative short-term position in exchange for a real advantage later. Most people cannot commit to this because their threat-detection system reads current loss as an existential failure. And that's vicious short-sightedness. It leads them to optimize for visible progress and sacrifice their real position. The people who constantly win rarely have better information. Instead, they accept that losing now will pay off later. Never quit a game before it starts.

[Nick Timiraos @NickTimiraos]

Stanley Druckenmiller renders an unfavorable opinion of Treasury Secretary Scott Bessent's use of buybacks to defend against higher yields in a market that is functioning normally.

"I have spent five decades trading on a simple premise: Markets aggregate information no committee possesses, and prices are how that information reaches decision makers. The long-term Treasury yield is the most important price in the world. It is also the only fiscal disciplinarian the U.S. has left."

"Every basis point of artificial yield suppression is a subsidy to procrastination."

"Return buybacks to their stated purpose: small, scheduled, off-the-run liquidity operations announced at quarterly refundings, never off-cycle responses to yield levels. Term out the debt honestly and pay the price the market sets."

"If the 30-year must trade at 5.5% to clear, that isn’t a crisis. It is an invoice. Then do the only thing that durably lowers long-term yields: address the primary deficit."

https://t.co/Xe8Vi38WiI

[Jeffrey Currie 🆔++ @CommodMkt]

Wake up, folks. Commodities are telling you something, and yesterday the Treasury confirmed it.

Scarcity in the physical world. Repression in the financial one.

Scarcity pushes prices up. Repression holds yields down. The gap between them is the debasement.

Commodities are the only asset class that wins on both sides.

The structural case for commodities has been turbo charged. Underinvestment, deglobalization and electrification all pushing markets like diesel cracks and copper to new highs.

Meanwhile the chokepoints are increasing, from Hormuz to the Red Sea, the Rhine, the Panama Canal, the Black Sea grain corridor and Russian refining capacity. It is becoming increasingly apparent that not a single one of those is reachable by anything in Washington's toolkit whether it be caused by war or weather.

The illusion of abundance is likely behind us. I said as much on CNBC this Monday, and I got long gold, silver and agriculture last week.

Ten points for you to consider. (1/11)

[Daron Acemoglu @DAcemogluMIT]

I am not happy about the Economist’s article, which feels like a hit piece. There is also a background to it, which is more troubling (as I will share at some point). I asked them to allow me to respond. I am waiting for their answer. If not in the magazine, I will share my response here.

[Ali @AliKh1886]

Really Interesting study findings: A child’s academic success is more closely linked to their levels of reading for pleasure than their socioeconomic background & reading has more of a positive impact on young people’s cognitive development than whether their parent has a degree.

[S @Syamilsan]

The kerfuffle between The Economist and Daron Acemoglu is a sight to behold indeed.

[Sixth Tone @SixthTone]

Zhuge Yiyang was catapulted to international academic stardom for her viral interview with Christopher Nolan. Now, Chinese social media users say they’ve found evidence she plagiarized others’ works.

https://t.co/HAo536FKke

[S @Syamilsan]

Runtuh Doom..

[S @Syamilsan]

Saving up some dough for Onslaught and Hope. September couldn’t come soon enough!

[S @Syamilsan]

El-Nino dan jerebu. Aduhai…

[S @Syamilsan]

Men, it is either success or contempt. That is the truth. There is no in between.

[S @Syamilsan]

Everytime I encounter someone or something that piss me off, I will just remind myself that my world is bigger than whatever is riling me up. I am not going to let it get to me.

Do not sweat the small stuffs.

[S @Syamilsan]

Dua penulis lirik yang amat aku kagumi akan lenggok bahasanya adalah almarhum Rosli Khamis dan Datuk Habsah Hassan. Hebat penulisan mereka.

[S @Syamilsan]

Banyakkan membaca dan banyakkan menulis.

[S @Syamilsan]

Back to SILO binge watching now…

[Boring_Business @BoringBiz_]

A quote I think about often

“an idiot in motion goes much further than a genius at rest”

[S @Syamilsan]

@EHNathasia You have to see it for yourself. All I can say is that it is like a story of two acts. The premise of the film is interesting though.

[S @Syamilsan]

The Last House is a letdown. Big time.