DR

Novus Rerum Nascitur Ordo

[Clifford Asness @CliffordAsness]

More Michael Saylor antics. And by antics I mean intentionally misleading crap designed to fool the retail investor. In case that wasn’t clear.

First, a 30 day Sharpe is an idiotic concept to start.

Second, you calculate realized Sharpe based on excess return NOT YIELD. Because, you know, sometimes it’s negative.

Third, if you do it (which you still shouldn’t do over 30 days) using returns (as you should over any period you choose) the sign is currently quite the opposite of the sign they present.

Utterly shameful.

[Jarvis @jarvis_best]

@grahamformaine Would funneling money to your mistresses still be allowed?

[litquidity @litcapital]

What the hell

[litquidity @litcapital]

If you are offering $2 million to get into this party, you deserve to pay an annual 99.9% wealth tax

[Michael Dell 🇺🇸 @MichaelDell]

Today, with 97% approval, Dell shareholders voted to bring our legal home to Texas.

This is home and where we’ve always belonged. Texas gave us the talent, the universities, and the environment to build something that lasts.

Proud to make it official. Let’s go. 🤠

[GT Rules! @NotRules314]

@SenSchumer But you assholes all told us Haiti was a paradise.

[John Podhoretz @jpodhoretz]

@Arosaflores What part of the word "temporary" do you not understand?

[Jarvis @jarvis_best]

Today Alito ruled that “temporary” protected status for Haitians that was issued in 2010 after an earthquake was indeed temporary and so the feds could end it. Kagan dissented, primarily on culinary grounds:

[Charles C. W. Cooke @charlescwcooke]

Big loss for the "Spirit of Aloha," which, amazingly enough, does not supersede the U.S. Constitution. https://t.co/2UBC8f6FDu

[DR @dr_firstgrowth]

@lord_fed Money of the Mind by Jim Grant

[Anna Wong @AnnaEconomist]

One important signal I took from the latest Orange Book is that the Fed cannot be complacent about the labor market.

Businesses are responding to the widespread increase input costs by resorting to “operating efficiency”— code word for NOT HIRING—all but a couple industries talk about this.

How does that jive with next week’s payrolls, which we think could be hot, even blockbuster hot?

The recent strength is driven by leisure and hospitality, which is the World Cup and weather.

Once world cup is over, and state and local government takes center stage….

Hiking in October would be a mistake.

[Jewish History Status @jewishhistoryst]

The Klausenberger Rebbe Z’l. Via Rebbe Clips

[John Podhoretz @jpodhoretz]

You monstrous hypocrite. Trying to whitewash your own involvement in the effort to marginalize support for Israel and make it seem beyond the pale. You're disgusting. Beyond disgusting.

[Rep Josh Gottheimer @RepJoshG]

These are the same photo.

Enough is enough. Where do we draw the line?

[zerohedge @zerohedge]

*TRUMP: WORKING ON A NATIONAL RIGHT TO CARRY

[DR @dr_firstgrowth]

@Breaking911 @grok can you link the charging documents

[DR @dr_firstgrowth]

@lord_fed Lfg

[Fed @lord_fed]

@fejau_inc Can we do a happy Tuesday

[ℙ𝕣𝕠𝕗𝕖𝕤𝕤𝕠𝕣 𝔻𝕒𝕩𝕠𝕡𝕙𝕠𝕟𝕖 @DaxophoneSolo]

@krassenstein They probably have that because men were tired of having their doors dinged.

[DR @dr_firstgrowth]

@DBashIdeas Amazing! Did the work cover the controversy over the heated mikveh he built?