Aric

[Jens Nordvig @jnordvig]

The problem for asset allocators come from:

1/ they (international PMs) assumed continued US exceptionalism into 2025, and were very long US stocks

2/ they (international PMs) assumed that the negative correlation between the USD and equities would hold, so that there was no reason to hedge out USD exposure

3/ they (domestic FI PMs) assumed that yields and liquidity would always be better than abroad, so no real reason to focus on international exposure

4/ they (global equity PMs) had models showing that there was little diversification benefit from international exposure (based on back-test from 2009-2024)

For all these various reasons, asset allocators are now facing an entirely new reality:

USD is moving fast, correlation to equities is breaking, international exposure is suddenly providing diversification (both in equity and FI space).

After a multi-year period where the US was mostly the only game in town, suddenly asset allocators have big decisions to make, and better fast than slow.

[Zac Goldsmith @ZacGoldsmith]

The Guardian is complaining here that the Hamas butchers of Oct 7 have been ‘othered’. Not generic Hamas or their genocidal supporters- the actual ones who butchered 1,200 innocent people and excitedly live-streamed it for their families.
Every now and again we see the curtains pulled back, so on one level perhaps we should be grateful for the clarity the newspaper is offering us today

[Ayaan Hirsi Ali @Ayaan]

Let’s stop referring the insurrection underway on our university campuses as Pro Palestinian protests. They are not pro Palestinian. They are anti-Jewish and anti-American.
What you see are Pro Hamas operatives exploiting gullible students. They are flexing their Islamist muscles. Incompetent and weak university presidents who allowed this problem to get out of hand will not stop them.
The Feds need to take control before they shed blood.

[Remake History @remakehistory]

@historyinmemes The Cosmos episode where Carl Sagan explains how the ancient Greeks, using reason & math, figured out the Earth isn’t flat over 2,000 years ago

[Jan Nieuwenhuijs @JanGold_]

On July 7, 1971, Paul Volcker arrived in The Netherlands to tell then President of the Dutch central bank, Jelle Zijlstra, to cancel a request for converting $250 million dollars into gold. Zijlstra said he would not cancel the request because he only held on to dollars as working stock, to which Volcker said: “You are rocking the boat.” Zijlstra replied that if a conversion of $250 million dollars rocks the boat, that boat has already sunk. On August 15, 1971, the US suspended dollar conversion into gold altogether.

[Chris Anderson @TEDchris]

One thing I'll say for Grok. If its goal is to champion the spirit of Douglas Adams, it's pretty good at it.

[Fareed Zakaria @FareedZakaria]

America’s top universities should abandon their long misadventure into politics, retrain their gaze on their core strengths and rebuild their reputations as centers of research and learning.

My take:

[Fascinating @fasc1nate]

When Albert Einstein met Charlie Chaplin in 1931, Einstein said, "What I admire most about your art is its universality. You do not say a word, and yet the world understands you." "It's true." Replied Chaplin, "But your fame is even greater. The world admires you, when no one understands you."

[Aric @AricYusim]

@tomloverro @attentiveHQ @BrianCLong @memdotai mem this

[Cmind Inc @cmindinc]

Cmind Inc is rolling out Q4:22 earnings predictions. In the sector Real Estate, the following companies are very likely to beat its outlook:

$OPEN, $CBRE, $WY, $AMT, $CCI

The following ones are very likely to miss.

$VTR, $WPC, $INVH, $ESS, $DLR

Sector view in the chart.

[Cmind Inc @cmindinc]

The Cmind Inc is rolling out Q4:22 earnings predictions in Health Care sector for 852 companies.

The following companies are very likely to beat: $CI, $DHR, $VEEV, $UNH, $ABT

The following are very likely to miss: $GMAB, $EW, $RPRX, $ALNY, $TEVA

 #earnings #healthcare

[Coinfessions @coinfessions]

I'm from a rich family in the middle east. For my 21st birthday, I was given $200,000 from my father. I invested it in BTC at $65,340. My investment is basically gone. I'm terrified to tell my father.

[Subrahmanyam KVJ @SuB8u]

The @FT's 404 page still sets the benchmark😂

[Aric @AricYusim]

@MakadiaHarsh @memdotai mem it

[Aric @AricYusim]

@DanHollick @memdotai

[Aric @AricYusim]

@ParikPatelCFA https://t.co/ifgX2BBLN3

[Aric @AricYusim]

@VinnyLingham @usewaitroom @tanfrance @jimmy_wales @yoruk @CharlDeCarle Congrats Vinny! Great concept.

[Aric @AricYusim]

@BrentBeshore https://t.co/ifgX2BBLN3

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

My price target for #bitcoin is $289K. I calculated this by taking my current follower count and multiplying it by 1.

[Aric @AricYusim]

This is next level.