$SIVB closure & receivership is going to have a massive impact on the tech ecosystem. SVB was not just a dominant player in tech but were highly integrated in some nontraditional ways. A few things we'll see in the coming days / weeks...
Creative ways to invest in RE if you don't have enough capital.
- House hack w/ a low downpayment loan
- Cheaper loans - FHA or 203K, VA or USDA Loans
- Partner up(What I did)
- Seller financing
- HELOC or Home Equity loans
- BRRRR strategy
- Hard money
- Other people's money
- Lease options
- Wholesaling
- Combine any of the above
What else?
Highly recommended. I wish I was able to read this book during grad school. I would’ve understood that it wasn’t me that’s insane but the macroeconomic canon that was insane. Rational expectations theory, real business cycle theory, Lucas, Prescott were members of the same cult.
Mckinsey charges $10,000 per day for a consultant at my level.....yeah👀
No its not for their problem-solving prowess but for phenomenal people skills.
Here is the most powerful people skill I learned there:👇🧵
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.
And lastly, for those of you asking what did Cem mean by "be long normalized vega and short pure vega", I turn you to @KrisAbdelmessih great article that covers this! Thanks, Kris! 👍🙌
https://t.co/NeuyxsqPal
The modern financial system is based on the premise of constant (and relatively smooth) growth indefinitely, including persistent credit growth.
War and commodity shortages threaten the whole model.
���
plan is to keep reducing beta exposure and look for good opportunities to buy long-dated vol with short-dated vol as financing. but even then, still a risky strat that only a small percent of my port will be allocated to
im particularly interested in the calendar vol position for $BTC and $BITO because I think vol for btc is still high. aka ppl still think theres some hope for btc to rebound from this level and carry us to retirement. i disagree
$SPY $QQQ $BTC $ETH markets can't get a grip of themselves right now. sure, maybe sellers are tired but buyers aren't ready to bid meaningfully yet. if there's a V-shaped retracement, i expect it'll be short lived
Okay it's finally finished - The beta version of DFKAutoquester 🤖 is available !
It includes :
- Automatic questing (start, complete), all profession
- Fully configurable
- Automatic fallback to other RPC if too much errors
- Telegram command
More info 👇(1/4)
$JEWEL #DFK