Duncan Cock Foster

Working on something new. Prev. co-founder of @niftygateway, sold to @gemini.

Occasional investor

[Duncan Cock Foster @dccockfoster]

The truest form of privilege is to be born with a desire for constant change.

Most people find change uncomfortable. But in the modern world, becoming wealthy and happy depends on embracing constant change and growth.

If you naturally enjoy change, count your blessings!

[Duncan Cock Foster @dccockfoster]

Bitcoin is finally an uncorrelated asset 😭

[Frank Chaparro @fintechfrank]

Bitcoin’s break from tech is getting harder to ignore.

The Nasdaq 100 just hit a fresh record high, fueled by continued AI-driven inflows, while bitcoin heads the other direction.

Over the past 12 months:
• Nasdaq 100: +41.5%
• Bitcoin: -37% and still 48% below last year’s peak

Strategy’s sale appears to have added pressure, widening the divergence between crypto and tech.

Source: Bloomberg

[Duncan Cock Foster @dccockfoster]

Whenever I tweet about crypto (RIP), it is so hard to get traction.

When I tweet about literally anything else (NYC takes, architecture, food), it is so much easier to get likes and retweets

Does Twitter just hate crypto?

[Duncan Cock Foster @dccockfoster]

@JohnJBlatchford @mspringut Why?

[Duncan Cock Foster @dccockfoster]

The best American architectural invention is the stone skyscraper - the giant, ornately carved beautiful buildings that you see in midtown Manhattan, FiDi, Detroit, Chicago, etc.

I think we should be building way, way more of these

[Duncan Cock Foster @dccockfoster]

@KenWattana Yup. Same exact thing happened in crypto

[Duncan Cock Foster @dccockfoster]

@zcabrams Plus, the value of relationships is going to go up, and college is still the best way to form deep relationships

[Duncan Cock Foster @dccockfoster]

You can't pick the people you fall in love with, and you can't pick the business problems you fall in love with either

What you CAN do is listen closely, pay attention when you feel that spark of passion, and doggedly chase after it once you're sure its real

[Garry Tan @garrytan]

Be your self, not someone you were assigned to be!

Bezos won on time horizon, not AWS or 1-Click.

If your bets have to work in 3 years, you compete with everyone. Every smart, funded team is chasing the same 3-year problems. Short horizon, crowded field.

Stretch to 7 and the field collapses. Investors want returns, employees want vesting, founders want proof. Almost nobody can sit in a bet that doesn't pay for most of a decade. The patience is the moat, and it costs you, that's why it works.

But you can't fake a 7-year horizon on a problem you don't actually care about. Pick the users and the problem Moloch assigned you, the safe ones, the fundable ones, and you'll bail the first hard year. Pick the ones that are actually yours and you'll still be there when everyone else has quit.

So the real prerequisite isn't discipline. It's knowing yourself well enough to choose a problem and a set of people you care about that you'll serve them for decades.

[Duncan Cock Foster @dccockfoster]

@TheMindScourge Also, ticks. We should eliminate them as well

[Duncan Cock Foster @dccockfoster]

Jamie Dimon being upset about stablecoins and Clarity is a bit too on the nose

Crypto’s dream of a better financial system is happening slowly but surely

[Bitcoin.com News @BitcoinNews]

🏦 JPMorgan CEO Jamie Dimon warns stablecoins could become a "huge problem" and says he is not happy with the Clarity Act.

🎙️ When asked about Coinbase CEO Brian Armstrong representing the industry, Dimon said, "He's full of sh!t."

[Duncan Cock Foster @dccockfoster]

100% of Americans are going own stocks in the near future - bc of Trump accounts, Michael Dell’s philanthropy, etc.

It’ll be a radically different world. Anything that makes the S&P go down will be incredibly unpopular with *everyone*. It’ll be great for capitalism

[Duncan Cock Foster @dccockfoster]

@gcockfoster Agreed, there will always be a large market for the cutting edge

[Duncan Cock Foster @dccockfoster]

@oldstockbeek Excellent point!

[Duncan Cock Foster @dccockfoster]

Amazing how much of a consensus is forming around YIMBYism in the NYC area.

The New York Post, the Comptroller Mark Levine, Mamdani - almost everyone agrees. I think we might be at an inflection point

[Sar Haribhakti @sarthakgh]

No one could have predicted this

“Jersey City was one of the busiest apartment-construction markets in the entire New York metro region, adding thousands of new units as developers chased the post-pandemic demand surge. When all that inventory came online at once, landlords had to compete on price to fill the units, which pulled rents down from their 2024 peak. The building boom is why renters are getting a break now."

[Duncan Cock Foster @dccockfoster]

Apple was the first company to hit a $1 trillion market cap in 2018.

Just 6 years later, there are 14 of them!

When are we going to see the first $10 trillion company?

[Duncan Cock Foster @dccockfoster]

@BuckOnTwidder At least the food is incredibly good and worth jumping through hoops for, right?

[Duncan Cock Foster @dccockfoster]

Man. I’ve never been so disappointed to see the actual result of a design I was looking forward to 😭

[Sawyer Merritt @SawyerMerritt]

Never thought I'd say this about a Ferrari, but this is one of the ugliest EV designs ever, and it can be all yours for $640,000 lol

[Duncan Cock Foster @dccockfoster]

I’ve gotten back to rigorously demanding Claude cite sources. It’s just too liable to embellish and exaggerate without that

[Jesse Livermore @Jesse_Livermore]

I'm almost at the point where I'm going to stop asking AI questions and instead ask it to find sources that might answer them. Because I know what it's doing: pushing the linguistic buttons in my brain that lead me to believe it and stick with it, even as it gives me garbage.

[Duncan Cock Foster @dccockfoster]

The food in small town America is frankly depressing.

Restaurants do their best, but if Syscoslop is the only available supplier, there isn't much they can do.

Are any startups working on this? Is anyone building Sysco but with food that meets millennial quality standards?

[Duncan Cock Foster @dccockfoster]

@metedata This is clearly just an excuse for you to post a video of yourself publicly showing off your astounding feats of strength

[Duncan Cock Foster @dccockfoster]

@benjamin_horne It was a great post. You’re a poet