zak

[Michael Mauboussin @mjmauboussin]

I loved the article, "AI Isn't Coming for Your Job. It's Coming for Your Mind" by Tom Slater at Baillie Gifford. h/t Ian McKinnon, chairman of the board of trustees @sfiscience. Points about mastery and cognitive diversity are particularly relevant. Worth discussing in professional and educational contexts. https://t.co/TciOixa3F3

[macrogliblyglosh @macrogliblyglo1]

@hwrtbg In covid the US handed out massive direct stimulus to consumers which kept people from working etc. there’s no wage inflation with labor this weak

[zak @ZnSennett]

I hate how much this worked for me

[Coinbase 🛡️ @coinbase]

An overview of our Q4 and full year 2025 financial results.

With something extra to keep you focused.

[zak @ZnSennett]

@Credit_Junk Still blown away how in a DM rates mkt, unemployment expectations can miss by 50bps…

[zak @ZnSennett]

@dMacro_dBS @Lagarde The right way to play it. Unfortunately some of us got excited when we saw growth + inflation forecast revisions…

[zak @ZnSennett]

@spaghettilisbon Didn’t see any mention of the great value on Sonia curve? 😭

[zak @ZnSennett]

@spaghettilisbon The widow maker

[Andy Constan @dampedspring]

Pipe Dream 101 - Mar A Lago Accord version

The Xverse is awash with nonsense regarding a grand bargain called the Mar A Lago Accord. While I accept that anything is possible with the right set of sticks and carrots I cannot imagine such a deal occuring. Nonetheless I will

[zak @ZnSennett]

@ntsakonkunta 📍

[zak @ZnSennett]

@EMopportunities What was the broad idea there? Seems only one direction for MXN rates after Wednesday ⬆️?

[َ @__Lily__pond]

November 1st

[zak @ZnSennett]

@flourishing124 Opening credit lines with a western-sanctioned financial institution is not a clever geopolitical decision, particularly if you want to remain geopolitically indifferent.

[zak @ZnSennett]

@flourishing124 This has to be the worst use of the phrase 😂

[Nils Redeker @niredeker]

The Draghi report contains one of the most spot-on critiques for the current state of EU industrial policy I have read so far.

And it comes with some solid ideas on how to move forward. Here are the three main takeaways.

[zak @ZnSennett]

@BenGleeson_ Would love to see you build a nuclear fusor in your bedroom!

[zak @ZnSennett]

@j_fishback Dude you lost.

[zak @ZnSennett]

@EMopportunities Belgrade is a city that was built to last too - more opportunities definitely to come

[zak @ZnSennett]

@palesa_morudu Realistically, the closer they get to 45% the more likely the begin negotiations with PA

[boaz weinstein @boazweinstein]

Ok, this is a ‘rubber meets the road’ tweet…
So, there’s a Bloomberg article today about the Saba v. BlackRock campaign. In it you will see @BlackRock successfully obfuscate the reality about their terrible performance. They double down by critiquing the performance of $BRW, a fund Saba has managed since 6/2021.

For the 9 BlackRock funds that were in existence on that date, I present a LTD performance comparison. Pure. Clean. Note, on top of beating every one of their funds handily, our returns below exclude the extraordinary gains made by shareholders from our 45% tender leading up to us managing the fund.

Oh, and we ran it with much less leverage than the BlackRock funds below: we beat ALL 9 funds by 19% to 65% in 3 years. I think this is the perfect example of good people doing bad things because they’ve forgotten that there’s right and wrong and a job doesn’t give license to say anything, however much it twists the truth.
RT please. Truth to power. 👊 🤛 🤜

[ʎllǝuuop ʇuǝɹq @donnelly_brent]

Simulation is glitching