David Nagle

[David Nagle @davenagle]

@_The_Prophet__ One more possibility- a truly UNSOPHISTICATED actor, with lots of coin, who doesnt know - or care - how to trade for best (or even better) execution. Just wants out. (Remember Germany???). Who might that be you ask? Dunno…

[David Nagle @davenagle]

@Croesus_BTC Right on JM, as usual. It’s called “Buy & Hold”. It used to be fashionable in Trad-Fi. Not so much any more. Once again, BTC fixes that…

[Onramp @OnrampBitcoin]

Onramp is excited to announce a series of strategic initiatives pertaining to our expansion & investment in the MENA region:

• A partnership with @CoinMENA to co-create and share content, research, & educational materials

• Entrance to the Bitcoin Association UAE as an early strategic member, reflecting a commitment to Bitcoin advocacy globally

• Active participation in the Bitcoin Oasis conference, a landmark event put forth by the Bitcoin Association UAE (@BitcoinOasis24)

Press releases & important links below👇

[Michael Tanguma @MTanguma]

We got you @MartyBent

[Albert Edwards @albertedwards99]

The US leading indicator fell 0.5% in November, the 20th mom decline in a row.

Equities were the only postive contribution to the LEI in November. Maybe it knows something. But more likely it is knows absolutely nothing and is running on fumes.

H/T https://t.co/xNPfLwHUsl

[David Nagle @davenagle]

@dylanleclair Here's one. Took me 3 seconds with Google... anybody else have a use case for Mr. D to review??? https://t.co/IfcRQsWx1n

[David Nagle @davenagle]

@luke_broyles There's a wall of Institutional-ish $$ trying to time their entry- they've already missed the 20k, 30k, now 40k-do they wait and risk having to pay 100k? 200? ouch

[David Nagle @davenagle]

@Croesus_BTC As a former Institutional PM, I can say this time really is different! Imagine having to go back to that client who committed $$ to your fund, having invested it AFTER the price ROSE ~300% or more? You KNOW that price rip is going to happen. But what can you do? Ouch-tough convo

[David Nagle @davenagle]

@DiscoveryCSC @StephenCMeyer Great book for a day and a place like this…

[David Nagle @davenagle]

@LukeGromen BIG fan Luke... but humor me, and re-read that last comment... "the risk-free asset has inflation risk or credit risk..." I say that's indicative of a (THE) problem - Truth bomb: it ain't risk free no more!!!! (Shhhhh... people still wanna believe)(BTW BOTH!)

[David Nagle @davenagle]

@LanceRoberts @albertedwards99 Amend and pretend?

[David Nagle @davenagle]

@albertedwards99 Have read your stuff for years. Top 1%. Thx for not listening to those teachers…. Keep up the good work!

[David Nagle @davenagle]

@FossGregfoss @BearTrapsReport Greg - systematic break here began in Spring ‘22 ish. Persistent and growing ever since? Measurement error or real? Thoughts?

[David Nagle @davenagle]

@htsfhickey So now, right?😁

[David Nagle @davenagle]

@darioperkins Data source?

[David Nagle @davenagle]

@boazweinstein @WarrenPies Plot any (crappy) stock vs. it’s CDs. Say DB… bond spreads blow out when stock drops <$10. I’d do it but I no longer have a Bberg. Look up Merton model or any good quant credit paper. As @FossGregfoss says - watch the bonds not the stocks

[David Nagle @davenagle]

@lloydblankfein Still have (and use) the 12C. Frequently. But I REALLY wish I had kept my Monroe calculator…

[David Nagle @davenagle]

@dylangrice Convexity is what gets ‘em. Every time!

[David Nagle @davenagle]

@FossGregfoss Chrysler Newport. Big V8. Golden yellow. It was a land yacht!!