Cavolo Nero

tech investor, ex-entrepreneur, foodie

[Cavolo Nero @cabbagesmoothie]

@marcvanderchijs usa only. Or better said not available in Europe. We are protected 😀
Pays high income as long as stock doesn’t fall below a “barrier” (55% of entry price = stock can fall 45% before coupon is at risk). Which ARK funds did in past. But interesting anyway. Thanks for sharing.

[Milton Friedman Quotes @MiltonFriedmanW]

Milton Friedman on 4 ways to spend money:

1) Your money on yourself (you’re careful about both cost and quality)
2) Your money on others (you care about cost, less about quality)
3) Someone else’s money on yourself (you care about quality, not cost)
4) Someone else’s money on others (you care about neither)

The last one is how government spending works.

[Cavolo Nero @cabbagesmoothie]

@thealepalombo Been there couple of times. Natural beauty but to expensive and exclusive realestate

[Cavolo Nero @cabbagesmoothie]

Dit soort mensen 😰😂😂😂

[kees de zeeuw @kees_de_zeeuw]

@wierdduk Je kunt wel zuchten maar niet weglopen voor de werkelijkheid. De lonen zijn in NL nu eenmaal ongeveer het dubbele vgl met Spanje. Die 1,80 per liter is voor Spanjaarden dan ook meer dan de 1,36 die we in NL gemiddeld betalen. Maar jij ontkent nu eenmaal graag de werkelijkheid

[Cavolo Nero @cabbagesmoothie]

@roaldcs @JHS_Oficial Intellectuelen? Waarom worden links georiënteerd hoogopgeleide intellectuelen genoemd? Om niet over misverstanden rond woord ”progressief” te begonnen.

[Cavolo Nero @cabbagesmoothie]

😂🙃

[NOBUNAGA🇯🇵🏯_夏樹蒼依 @japan_nobunaga]

I needed to move a sofa.

I mentioned this to an American. He said, "You know anybody with a truck?"

I did not know anybody with a truck.

He looked at me with real concern. Not pity. Concern. The way you look at a man who has told you he does not have a name.

"You gotta know somebody with a truck."

I asked how one acquires such a person.

He said, "You just do."

This is the third time I have received that answer in this country. It is the answer to everything here. You just do. There is no process. There is only the eventual fact of having.

He said, "Ask Kevin."

I do not know a Kevin. He said Kevin like I should. He said it the way you say a shared uncle.

I met Kevin four days later. Kevin owns a truck. Kevin does not own a truck for himself. Nobody owns a truck for themselves. Kevin owns a truck for a fifteen mile radius.

Inside I said: THIS MAN HAS TAKEN A VOW. HE DID NOT ANNOUNCE IT. HE SIMPLY PURCHASED A BED AND ACCEPTED THE CONSEQUENCES.

Kevin arrived on Saturday. He brought the truck. He also brought a second man.

I had not asked for a second man.

The second man's name is Tony. Tony came because Kevin came. Tony did not know me. Tony did not ask what we were moving. Tony brought gloves.

They moved the sofa in eleven minutes.

I offered them money. Both of them laughed at the same time, which felt rehearsed and was not.

I asked what I owed them.

Kevin said, "Buy the pizza."

That is the price. That is the entire economy. The truck costs one pizza and the pizza is not negotiable and the pizza is also not expensive and everyone knows what size.

Inside I said: THE FEE IS FIXED ACROSS THE ENTIRE NATION AND WAS SET BY NO ONE.

We ate on the floor because the sofa was against the wall and none of us wanted to be the first to sit on it.

Tony told me his daughter plays soccer. I asked if she is good. He said, "She's aggressive."

I still think about that.

Three weeks later, Kevin texted me.

"You free Sunday? Helping Tony move a fridge."

He did not ask if I wanted to. He informed me of a fridge.

Inside I said: I HAVE BEEN CALLED UP. I DID NOT ENLIST. THE PAPERS WERE FILED ON MY BEHALF.

I went. I moved the fridge. I have no truck. I contributed only arms.

Afterward, a man I had never met asked me if I knew anybody with a truck.

I said, "Yeah, I got a guy."

I have a guy.

I am somebody's guy now, too. Tony has told two people about me.

He describes me as "the guy who's strong for his size."

I have never been prouder of a sentence in my life.

[Cavolo Nero @cabbagesmoothie]

😂

[Cavolo Nero @cabbagesmoothie]

@HenrikZeberg Well, 22 of 27 dissagree. Spain should stand with rest if us.

[Cavolo Nero @cabbagesmoothie]

Actually it is responsibility of Spains goverment . And they could have asked for assistance. The best way to avoid responsibility is to make a problem bigger on a higher level (EU). This is what careerists in multinational corporates do to advance in hierarchy. It has nothing to do with Spanish people whatsoever.

[Francis Fleming @FrncsFlmng]

Mark Steyn explains the stark demographic reality: a 90% population with 1.3 children per couple and a 10% population with 3.5 children will have roughly the same number of grandchildren in only two generations. The transformation is already underway.(2010)

[Cavolo Nero @cabbagesmoothie]

Situational unawareness

[amit @amitisinvesting]

OH. MY. GOODNESS.

CITADEL HAS BOUGHT A MAJORITY OF THE PUBLIC ASSETS FROM LEOPOLD'S SITUATIONAL AWARENESS FUND.

So...Citadel scares everyone on Tuesday about a surprise rate hike during FOMC that WE ALL KNEW was not going to happen...

On Wednesday, the entire market freaks out about the rate hike which causes the selling to compound on itself creating 50-70% drawdowns across the board in high beta semicondcutor names...

Which means Leopold who we now know had $45B of assets and was 400% LEVERED ends up being the sacrifice as he gets liquidated at what theoretically could be the bottom due to not having the margin requirements to keep solvent...

AND THE PERSON WHO CAUSED THE SELLOFF WITH THE RATE HIKE FEARS ENDS UP COMING IN TO BUY HIS ASSETS FOR 40 TO 50 CENTS ON THE DOLLAR.

By the way, Leopold is getting married this weekend. I think he wanted to make sure he wasn't getting margin called during his wedding.

A vet on wall street in Ken Griffin takes out the young new kid.

ABSOLUTE. CINEMA.

[Cavolo Nero @cabbagesmoothie]

@p_ppieter @JanGold_ You should

[Cavolo Nero @cabbagesmoothie]

@sabben Tel Aviv is crazy. What a startup nation

[Balaji @balajis]

We’re building Silicon Valley outside Silicon Valley.

[Cavolo Nero @cabbagesmoothie]

@sabben Ooh Amsterdam

[Cavolo Nero @cabbagesmoothie]

@BenRothenberg Great article Ben. As it says, Novak Djokovic is The Man Who Defied the Finger. And I would add not only the index Finger. that match with Felix was amazing.

[Cavolo Nero @cabbagesmoothie]

@thecytadel Luckily, want to see Argentina- France Finals. Payback time

[Cavolo Nero @cabbagesmoothie]

When virtue signaling became more important then making money, things went wrong. @abppensioen

[Theo Prinse @theoprinse]

ABP and PFZW have performed poorly versus a peer group of other public pension plans across the world.

Over the past 15 years, both were in the three worst performers for post-inflation returns in a comparison of 24 public plans globally, including the Canada Pension Plan Investment Board, GPIF of Japan and Calpers in the US, according to data from the Finnish Centre for Pensions. @EconoomZijlstra @lexhoogduin @trias_politica @ReneDercksen
https://t.co/VDugLxNzkc

[Cavolo Nero @cabbagesmoothie]

@thecytadel 😭