7 good books to become a better macro investor.
- Understand how money works
- Read how the best hedge fund managers in the world think about risk management
- Learn how to connect the dots
Any must-read book you'd add?
3/9
The lack of a rally showed that the "new" money in the entire BTC ecosystem was small (~$3 billion). Despite all the bullish talk and "here come the boomers" proclamations, BTC peaked in March at $74k.
The BTC bulls were correct that near $16 billion of "new" money into the ecosystem should have pushed BTC to >$100k. However, it was not near $16 billion as most ETF flows came from on-chain accounts and not new fiat entering for the first time.
Further supporting this are the fears surrounding Mt. Gox liquidations. A total of $7.6 billion of BTC (140k BTC) is getting transferred. If $7.6 billion is hitting the price this much, and only a small portion will be liquidated for fiat, then near $16 billion of new BTC ETF money, if this was the case, should have skyrocketed the BTC price.
It did not happen.
https://t.co/uyURVnZOnR
Trump on inflation: “The only jobs he created are for illegal immigrants and bounce back jobs, a bounce back from the COVID. He has not done a good job. He’s done a poor job, and inflation is killing our country. It is absolutely killing us."
🇷🇺🇺🇦‼️🚨 Sevastopol - ATACMS with cluster warhead strike on a lively beach.
“The number of people killed as a result of the Ukrainian strike on Sevastopol increased to 3 people, including two children. The number of victims is about 100 people” - Governor of Sevastopol Mikhail Razvozhaev.
Maria Zakharova: “The Ukrainian Armed Forces' attack on Sevastopol is a ritual crime. The Day of the Holy Trinity was not chosen by chance.”
Unbelievable. A Ukrainian man carrying his baby is kidnapped by Zelenskyy’s thugs to fight in the US proxy war with Russia. He will be dead in a week like so many Ukrainians without military training who are forced to fight a vastly superior Russian army.
@igorsushko This is a raid on those who violated migration laws for deportation to their homeland. They catch meat for the war only in your homeland bonehead
Prospective buyers in the US need to make $114,000 a year to afford the median-priced home, per Redfin.
That's 35% more than the typical US household median income of $84,072.
This is the most Blank Check house we’ve ever seen andddd Honestlyyyy we’ve never seen a home with this many amenities. Mansion. Resort style Pool. Shooting range. Gaming room. Go-Kart track. 4k sq ft day spa with hot tub/cold plunge/yoga room/massage area. 6k sq ft man cave with kitchen/golf simulator/gaming stations/dance studio with ballet barres/professional grade flooring. Also a batting cage gym, and more.
Currently listed for $20,000,000 in Gilbert, AZ