Ryan Gerdes

American farmer, husband, and father.

[Ryan Gerdes @DirtOpus]

I hear USDA-NASS holds an employee marathon every year. They get to start and finish where ever they want. Then six months after the event, a winner is randomly chosen via darts.
#DefundUSDANASS

[Ryan Gerdes @DirtOpus]

@SullyBusiness @realEstateTrent Saw the same in Omaha and Lincoln. 7brew killing it, but traffic around there is terrible. They have an employee dedicated to keeping the line from blocking the street.

[Ryan Gerdes @DirtOpus]

Maybe instead of wasting gas and mileage on the bugged airplane the Qatari's gave Dim Donnie, we should just send Xi a gift next time. Maybe a box of porta shitter surprise from a NY construction site. The latter couldn't be any worse for farmers.

[Ryan Gerdes @DirtOpus]

Random thought: Small towns are getting economically gutted. The money leaves, and the bigger cities keep it. How about property & sales tax is higher where pop. density is higher and infrastructure is already pushed. Lower it in small towns to Incentivise growth.

[Ryan Gerdes @DirtOpus]

@GGunthorp @E_Energy_Adams It has to come out of the earth, pumped by a mnc, to be meaningful and really make you feel like you're not "wasting" anything? We use 100 million barrels a day in the world, God forbid we have a part of a future solution in our back yard.

[SoybeanTrader88 @SoybeanTrader88]

In end, Iran will curtail their uranium production but not stop it. They will "promise" not to use use it for weapons. They will allow UN inspectors to review. US will unfreeze assets. So the US just spent $25 billion and increase gasoline/fertilizer by 25%, to get what the past administrations got out of Iran. We are SOOOOOO WINNING!!!! #macro #crude #oott #oatt

[Ryan Gerdes @DirtOpus]

Anyone else try to plant and spray close to the same direction? Down force is only as good as its last few feet, doesn't predict the future. Crossing a sprayer track 90⁰, will have seeds on top of track and sidewall compaction on by it.

[Patrick OShaughnessy @patrick_oshag]

My guest today is Paul Tudor Jones (@ptj_official), one of the greatest macro traders of all time.

He correctly predicted the 1987 stock market crash and shorted the Japanese bubble in 1990. For over 40 years, his flagship fund has had a negative correlation to the S&P 500. 100% of his returns are alpha.

He says today's market has so many similarities to 2000, "the easiest bear market I've ever seen in my whole life."

He makes the case for going long dollar-yen, why Bitcoin beats gold as an inflation hedge, and why he was wrong about Warren Buffett.

But what I'll remember most from this conversation is Paul's zest for life. He's 71 and still wakes at 2:30 every morning to trade the London open. He works out for two hours a day. He walks with his wife every evening. He travels the country chasing peak spring and peak fall. He's so excited about the songs picked for his funeral that he wishes he could be there to hear them.

Paul has lived five lifetimes in one. He's one of the most entertaining and interesting people I've met, and the conversation will leave you searching to be as passionate about what you do as he is about what he does.

Enjoy!

Timestamps:
0:00 Intro
1:00 The Kindest Thing
13:19 Trading vs. Investing
17:33 Lessons from Warren Buffet
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness

[Rob Friedman @PitchingNinja]

Max Fried's Pickoff Move.

[StripMallGuy @realEstateTrent]

Be kind to those friends without filters.

They’re quite valuable.

And mean well.

[Ryan Gerdes @DirtOpus]

@ChrisRamsey60 Wish these were mine, they're not. But exact specs you mention. And the guy has a slug of em.

[Ryan Gerdes @DirtOpus]

@GoddessofGrain I remember the good ole days when I thought only some psycho from another far off country would be most at risk of pushing "the button".

[Ryan Gerdes @DirtOpus]

Cc: farms, land.

[Chris Ramsey | SMB and R.E. @ChrisRamsey60]

30 years of grinding in a business…

And the building it sits in is worth more than the entire operation.

There is a lesson here.

[Ryan Gerdes @DirtOpus]

Pure Midwest

[Ryan Gerdes @DirtOpus]

@realEstateTrent You're the only authority on how you raise your human. But I've read there is risk to being too friendly vs. authoritarian to your children. I think you can do both though. That's what I'm attempting anyway. He's 13, I'll tell you in 7 years if I f*cked up, lol!

[Jum @JesterJum]

The fact that someone looked right at a purple onion and decided to name it a "red onion" really bothers me.

[Chris Ramsey | SMB and R.E. @ChrisRamsey60]

Get out of day-to-day operations.

Not because operations aren’t important.
But because being buried in them creates the illusion of progress.

But the business itself hasn’t materially moved forward.

[Ryan Gerdes @DirtOpus]

Add to "why didn't I think of that" file.

[Tansu Yegen @TansuYegen]

The end of forklift🧐

These are Filics Units by Filics, a Munich-based German robotics startup. They're autonomous mobile robots that slide under pallets, lift loads up to 1 ton, and move omnidirectionally with lights for navigation.

[Ryan Gerdes @DirtOpus]

For loan renewal, I'll just tell my banker he has to wait 6 months for my numbers...and reserve the right to change em to whatever the fuck I want later.

[Ryan Gerdes @DirtOpus]

@ckleene @BradyD78 The most reasonable explanation I've seen today. Still pissed and in disbelief that we can't aggregate data more efficiently.