texashedge capital management

Competency is a relative thing. What I needed to get ahead was to compete against idiots. And luckily, there’s a large supply. - uncle Charlie

[texashedge capital management @TheFatherJPL]

@netcapgirl @LynAldenContact

[Han Shawnity 🇺🇸 @HanShawnity]

When even France is like "hey, slow down, you're surrendering too fast," you know it's bad.

[texashedge capital management @TheFatherJPL]

@buccocapital I first heard “load-bearing” from Eric Weinstein ~2018.

I’m sure this guy didn’t though.

[Dirty Texas Hedge @HedgeDirty]

An underrated problem for the future is that there's not really any such thing anymore as doing a deal with the United States, as such. You do deals with the current president, with a scope that goes only as far as the practical power of the executive branch for his presidency

[Louis-Vincent Gave @gave_vincent]

A treaty signed in Versailles?
With hefty reparations?
Obviously no one here is superstitious… or alternatively no one ever read a history book?

[Clifford Asness @CliffordAsness]

OK, there were two potentially rational strategies (with proponents of both in violent disagreement)

1) Don’t start a war at all

2) Start and continue a war until you clearly win

I’m not arguing for either here.

But starting a war, reducing a cancer but not killing it always being the worst idea possible, and then stopping by doing your best Obama-deal imitation, seems to be the worst possible strategy. If Dr. Strange went through millions of scenarios he’d say “this is the only one we lose in.”

Oh, and while the agreement is to stop fighting, there is nothing close to an agreement on Iran’s nuclear program which, uh, WAS THE WHOLE FREAKING POINT. Trump actually says something like “they don’t even want a nuclear weapon anymore.” If anyone believes that they aren’t merely dumb they are “call the Guinness people (the world record ones not the brown ale ones though they might be useful too) we have found the dumbest person” dumb. Trump doesn’t believe that. Yes the Iranian terrorists wouldn’t take a nuke if we built it for them now. Right.

Why is this happening? Hard to be precise.

Doing this to appease the woke right whose ire you underestimated is just disgusting cowardice.

Doing it to drive oil prices down before the midterms is grossly incompetent as you really didn’t know oil prices would soar? Really? Nobody in war planning knew that? That’s new information to you? And if you care about the midterms so much why’d you endorse the disgusting “disqualified in any rational world” (yes, along with Platner) Paxton in Texas putting it play?

None of this makes any sense at all. Horrible. Just horrible.

[texashedge capital management @TheFatherJPL]

@Rory_Johnston

[Le Shrub🌳 @agnostoxxx]

“Trump: I have cancelled scheduled strikes and bombings against Iran this evening.”

In time for the spaceX IPO 🥹🙏

[ʎllǝuuop ʇuǝɹq @donnelly_brent]

Recall that the tickers for the MSTR preferred shares are:

MST F
MST C
MST K
MST E
MST D

In the novel-writing business, we call this foreshadowing.

[Citrini @citrini]

I really have to get better at buying whatever the President of the United States says to buy.

[Donald J. Trump @realDonaldTrump]

Iran never won a war, but never lost a negotiation!

[John Arnold @johnarnold]

Many countries are debating some type of gas tax holiday but supply and demand still have to cross. If the market needs demand destruction and all countries suspend their tax, it won't change the short-term price. It's just a big transfer of $ from government to the oil industry.

[John Arnold @johnarnold]

The best chocolate is indisputably 72%.

[John Arnold @johnarnold]

Early on there was more unknown about how much would be offline vs rerouted. Then there were a series of incorrect pronouncements and failed negotiations. The market (over)reacted to that in both directions. It's now settled down with clearer info and fair market value ticks up each day that the Strait is closed. I think that is so straightforward that I almost didnt post the original tweet. It is different from saying the market will go up each day. There's a lot of noise around security prices. Stock prices move every day even though most days there is no new info that changes anyone's valuation. That happens in commodities too.

[texashedge capital management @TheFatherJPL]

@johnarnold

[BuccoCapital Bloke @buccocapital]

I feel like companies are just going to give their best employees the AI tools first to see if they can automate their worse colleagues away

Probably gonna work, too

[texashedge capital management @TheFatherJPL]

Lol

[Trump War Room @TrumpWarRoom]

🚨 @SecScottBessent with a direct message to American taxpayers:

"I want to encourage everyone out there watching today to change their withholding ... you will get an automatic real wage increase on a weekly or a monthly basis."

[texashedge capital management @TheFatherJPL]

@PauloMacro

[texashedge capital management @TheFatherJPL]

@PauloMacro

[texashedge capital management @TheFatherJPL]

@ctindale @forced_alpha Gell-Mann amnesia moment - Hamamatsu does not make the IR sensors for the F-35 or any major US munitions platform. EOTS sensors made by Lockheed Santa Barbara and EODAS sensors made by RTX Goleta (and previously made by Northrop).