drew

let sleeping dogs lay

[drew @drewjjm]

@comic @dotkrueger Read a book/prospectus

[drew @drewjjm]

@mikealfred If you want a par, putt. If you need a birdie, chip

[drew @drewjjm]

@JoshMandell6 @patrick_oshag Fair, so market cap leads and GDP lags, & the metric must be normalized to adjust for this. Ex. how many years were Gmail & G Suite free before they were captured in GDP? I think the headline figure doesn’t tell the full story as companies nowadays are more asset light

[drew @drewjjm]

@NoLimitGains Is Buffett Indicator @ 190% a bubble or a structural shift in our economy? Tech scales & accrues value w 0 marginal costs, decoupling market cap from GDP. Tech generates massive intangible value & global revenues outpace domestic; so 190%, historic level or a new baseline?

[drew @drewjjm]

An absolute dagger from @tsnjamesduthie to the guys complaining at the sim today:

“What are you guys gonna do when summer starts and you can’t complain about the sim not working?”

Finally, some peace and quiet. Thank you for your service, James. 🫡

[drew @drewjjm]

@gooseisland3727 @FantasyPros Fantasy pros told me to do it lol

[drew @drewjjm]

@CalicoJoeMLB He picked it up quickly & easily for a “dead ball”

[drew @drewjjm]

@LouStagner Ace from behind the tips? Are high scores good or… ?

[drew @drewjjm]

@JoshMandell6 @Strategy @saylor

[drew @drewjjm]

@JoshMandell6 @BTCBreadMan @Downtown mentioned $mstr is in the SP500 during his latest podcast of The Compound & Friends

[drew @drewjjm]

@BTCBULLRIDER @PunterJeff @JoshMandell6 Thanks for the quick responses, Peter.

However wouldn’t TradiFi’s realization be stack-agnostic? $MSTR is my largest holding, but I’m curious when stack size starts to matter more than stack growth. My thesis is it will, unsure when or why

[drew @drewjjm]

@BTCBULLRIDER @PunterJeff @JoshMandell6 Regardless of S&P inclusion or hype - & lets assume SP500 inclusion doesn’t happen (as a thought experiment) - what is the catalyst for when stack size is more valuable than stack growth? Does the stack have to be put to “productive” use?

[drew @drewjjm]

@dgt10011 How do you anticipate the understanding to unfold?

[drew @drewjjm]

@JimChuong I agree, but the birth year lump sum only makes sense if both spouses’ TFSAs are fully maxed out. In my opinion, a TFSA is a better vehicle than an RESP if there’s still contribution room.

[drew @drewjjm]

@TheJesseMK Can’t wait for him to issue a negative-rate convertible—would shatter every model.

[drew @drewjjm]

@TravisHoium @ShaanVP @saylor If NAV < market cap can’t he then accumulate btc at cheaper prices or buy back $MSTR stock? If you are a long term believer in BTC isn’t he hedged on both sides assuming BTC doesn’t go to zero?

[drew @drewjjm]

@elonmusk Can you play for Canada next? ♟️