Whipsaw Capital

🛋️ trader and a mom, former PM / analyst

[Whipsaw Capital @WhipsawCap]

@bryan_johnson An MVHR system , commercial grade dehumidifier (like Dantherm) and cork spray insulation on walls

[Whipsaw Capital @WhipsawCap]

@BanhamSecurity Terrible service. After I have spent tens of thousands of pounds on security with them. They send incapable engineers who don’t complete the job, then can’t send someone to finish it for another month. Often they try and charge for their mistakes have to contest.

[Whipsaw Capital @WhipsawCap]

One for the history books!

[Daniel Priestley @DanielPriestley]

If you’re a UK citizen, did you pay £17,000 in taxes last year? If you’re a family of 4, did you pay £64k of taxes as a household?

If not, someone else did on your behalf. A tiny group of people (1%) pay about 30% of the income taxes.

This tiny little group of Brits aren’t just our Dentists, Doctors, Professionals, Engineers, Pilots, Entertainers, Executives, Business Owners and Entrepreneurs, they are also the biggest tax slaves for everyone too.

A person earning £150k is paying £60k in tax. A person earning £30k is paying £6.2k in taxes.

The high earner is making 5x more and paying 10x more in tax.

Given the government spends £17k per person - The higher earner generates a surplus of £43k in taxes while the lower earner requires £11k of someone else’s taxes to cover their portion of government spending.

It takes an income of £60k to generate £17k of taxes. So, very few people in the economy are able to cover the costs of themselves, let alone their families too. A tiny number of people can cover their own costs and generate a surplus for society.

When you hear people talking about how greedy the rich are, and how we need to make life harder for them, it’s worth considering that if they were to stop earning or to leave, the entire system would collapse.

The issue we have in the UK is not enough rich people. We need to either develop them ourselves or import them from elsewhere. We absolutely can not afford to lose them.

As we approach an election, be sceptical of any party who claims they can fund spending through higher taxes on the rich. We already have that! What we need is a party that has a plan to create more rich people or invite them from abroad. It’s never been easier for rich people and high earners to live and work anywhere - of course they’ll go wherever they are treated best.

The UKs survival is directly linked to the number of high earners - best not to drive them away.

[Whipsaw Capital @WhipsawCap]

@parcelforce Thank you, I have just DM-ed you.

[Whipsaw Capital @WhipsawCap]

@VegPatchShares @John_Hempton Yeah,pretty sad. Also such a waste of talent of so many 40+ investment professionals whose careers have ended because they are “too old” to be hired as analysts. What do you do? Not everyone has made enough dough in their 40s to just retire and be an arm chair investor / trader.

[Whipsaw Capital @WhipsawCap]

@AKWilk I know investment analysts with 15-17 years of experience at $10 bn long short funds with double digit performance making $200k total comp all in per year. So it really depends.

[Yaron Naymark @1MainCapital]

AI winners, losers and tweeners

[. @WallStCynic]

Lol $RUN

[Edwin Dorsey @StockJabber]

@GrahamStephan Graham,

Here's a list of 70+ of the best free and paid tools for stock research:

https://t.co/EYa3nna93a

[Whipsaw Capital @WhipsawCap]

@AlessioUrban Thank you for this - can you explain to a non -macro person - why is the eurodollar spread a gauge for where feds fund rate is expected to be next year ?

[Whipsaw Capital @WhipsawCap]

@acemaxx @BloombergTV Coming from a non - macro person - could you explain what this shows and why it shows a rate cut ?

[Whipsaw Capital @WhipsawCap]

Interesting chart from GS on a typical equity market cycle. We just finished the “Hope” phase and going into the “Growth” phase, where equity returns are still positive, albeit lower relative to the “Hope” and subsequent “Optimism” phase

[Carl Quintanilla @carlquintanilla]

Of his alto saxophone sound, the great Paul Desmond once said: “I think I had it in the back of my mind that I wanted it to sound like a dry martini.”

Born today in 1924. 🎷
“Take Five” (1959)
https://t.co/Sp9cSeD6id

[Sony Kapoor @SonyKapoor]

Admit it, THIS is the ONLY reason you are on @Twitter

[Whipsaw Capital @WhipsawCap]

@chamath Absolutely brilliant idea! I will be applying! Thank you!

[Donald J. Trump @realDonaldTrump]

Georgia will be a big presidential win, as it was the night of the Election!

[Whipsaw Capital @WhipsawCap]

@phoenixvalue 80s and 90s was much easier to generate returns. There were so many easy market inefficiencies and arbitrage opportunities to exploit back then