Thomas Stapp

[Thomas Stapp @ThomasStappSWM]

With the $NVDA news, I decided to look at how CEO marital distress impacts stock returns. Surprisingly, it is not necessarily negative for stock returns. However, it happens so rarely that there isn't much to go off of. Additionally, many of the prior cases don't have much similarity to Jensen Huang's situation. Brian Krzanich of Intel is probably the closest parallel, but even then, Jensen Huang is vastly more critical to Nvidia's success than Brian Krzanich was to Intel's.

[Thomas Stapp @ThomasStappSWM]

@taobanker We can always count on your thoughtful analysis during these tough times

[Thomas Stapp @ThomasStappSWM]

@orrdavid

[Thomas Stapp @ThomasStappSWM]

This is why I don’t do crypto

[Watcher.Guru @WatcherGuru]

BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:

• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies

This is the largest hack in crypto history.

[Thomas Stapp @ThomasStappSWM]

@SowingAlphaSeed @svrnco For reference, here’s a local CPA’s pricing schedule, but the pricing will go up quite a bit depending on complexity https://t.co/wh2Acw5U6U

[Thomas Stapp @ThomasStappSWM]

@SowingAlphaSeed @svrnco How many different tax forms are on your tax return?

[Thomas Stapp @ThomasStappSWM]

Either home prices come down or mortgage rates come down, and mortgage rates moving much lower is a low probability scenario in my view

[Thomas Stapp @ThomasStappSWM]

If there are any refinery issues, we could see regional gas prices spike even higher @SoberLook

[Thomas Stapp @ThomasStappSWM]

I’ve been hearing about a lot of investors rotating into floating rate debt recently as the headline yields look attractive, but from a risk/return perspective, the spread per unit of leverage is the tightest it’s been for levered loans since pre-2008 @SoberLook

[Social Capital @socialcapital]

2 hours ago, Anthropic filed for an IPO.

We went through the S-1 and broke it down in 6 charts:

[Negligible Capital @negligible_cap]

*MICROSOFT TO OFFER BUYOUTS TO 60,000 WORKERS IN LATEST COST CUT

This is 27% of $MSFT's entire workforce

[Thomas Stapp @ThomasStappSWM]

@glbeaty Can you DM me? I think your DMs are blocked

[Thomas Stapp @ThomasStappSWM]

@ForemanTaxLaw @HomerSmith_KWP They’re probably getting paid on AUM fee in PPLI. Not really different from normal wealth management fee structure

[Thomas Stapp @ThomasStappSWM]

@AdvisorJobs Would be a good thing if most CE credit events weren’t complete garbage

[Thomas Stapp @ThomasStappSWM]

@NunoClara_ $RSSY, $APDPX, and $PEIEX, but they might not be the type of carry you’re thinking about

[Thomas Stapp @ThomasStappSWM]

@JohnSmi52974647 @orrdavid I’m telling you that I use it regularly for streaming, gaming, video calls, and a whole bunch of stuff on multiple devices, and it works perfectly for me. No lag or anything. Just added the screenshot as non anecdotal evidence

[Thomas Stapp @ThomasStappSWM]

@JohnSmi52974647 @orrdavid I have it, and it works perfectly for me. Was iffy the first year, but is amazing now

[Thomas Stapp @ThomasStappSWM]

@MebFaber I remember every “quality” investor was head over heels for Hermès a few years ago

[Thomas Stapp @ThomasStappSWM]

@SowingAlphaSeed @AltayCapital Via Grok analysis, at current AUM, $BOXA should underperform Agg pre-tax by 25-75 bps/yr. If it gets above $100M AUM and has less internal friction, underperformance would be expected to compress to 25-45 bps. A swing factor would be how their 80%-120% overlay contributes

[Thomas Stapp @ThomasStappSWM]

@SowingAlphaSeed @AltayCapital 3. The payoff of coupons from AGG can get too richly priced into options. This can create a drag.
4. Your theory about the box marks would be the 4th driver, but I think given $BOXX's performance, it's somewhat minimal.