Finance Sources

Buy side TMT analyst's Twitter account for all things finance ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Header image was a Tokamak.

[Finance Sources @finance_sources]

Nothing on this Twitter is investment advice, so please take my tweets just as my thoughts/opinions. Do your own due diligence and please consult your financial advisor before investing. That being said, enjoy the tweets!

[Finance Sources @finance_sources]

@Biohazard3737 Short the stock and wait for the results to get leaked to the press

In reality you have the ethical obligation to share the results asap with them, up to them to fall on their own knife. If they are unwilling, then you go to regulators.

[Finance Sources @finance_sources]

@BradMunchen @RicochetRowdy Somewhat agree there, animal spirits different era now. But also point to issuance allocation now vs then- institutions have to hold back some capital for the other massive raises of OpenAI, and Anthropic. Google raise also took some of that IPO money off the table imo

[Finance Sources @finance_sources]

@BradMunchen @RicochetRowdy 38B×4.7 = $178.6B
75B×2 = $150B

That's not too far off, remember the sheer size of the notional matters a lot more here. Subscription may also matter less this issuance due to post-IPO retail interest (many people saving cash for this).

[Finance Sources @finance_sources]

@pmje73 What are your thoughts on being invested alongside your clients? Does it benefit client relationships knowing you have a vested interest? That by being invested you can feel the same drawdowns as they do and understand their emotions better, and you have more prudence?

[Finance Sources @finance_sources]

@alixpasquet @FundamentEdge @hfreflection You thought leaders might have an answer:

How important is it to work under a great investor early in your career vs cutting your teeth at a no-name firm? Obviously having mentors matters, but does it need to be at the head of the firm?

[Finance Sources @finance_sources]

@hellomarz7 @Ross__Hendricks Bro you need to work on your opsec...

[Finance Sources @finance_sources]

@TMTLongShort @nic_carter Willing to be wrong here, but isn't that because you are thinking of things too much in the lens of tech/silicon valley? Like yeah some of these firms are blowing out of tokens and firing people, but most of corporate America is so slow at adopting

[Finance Sources @finance_sources]

@SemiAnalysis_ @brandonjcarl know you've been looking at this recently

[Finance Sources @finance_sources]

@ZaStocks Devils advocate: Market tops because of something else, but still tops

[Finance Sources @finance_sources]

@brandonjcarl Sounds like Apple Intelligence private cloud LLMs. Apple really ahead of the curve on that one possibly unintentionally lol

[Finance Sources @finance_sources]

@atelicinvest Or imagine spending 82% of your token budget fixing your precious token budget spend 😂😂

[Finance Sources @finance_sources]

@McClellanOsc There's a theory called elite overproduction, where we are creating too many educated folks for too few skills. Not to be a Doomer, but the argument makes a lot of sense and may point to future political and socioeconomic volatility.

[Finance Sources @finance_sources]

@brandonjcarl https://t.co/jEGlon57F2

[Arnaud Bertrand @RnaudBertrand]

Probably the funniest graph ever published by the FT: our 3 possible futures are either 1) infinite wealth and abundance, 2) human extinction or 3) 0.2% faster GDP growth 🤣

[Finance Sources @finance_sources]

@atelicinvest Depreciated slop (see the now open sourced Claude code) that is still used in production because the devs are too afraid to delete it tells you all you need to know about how long they can keep this up. Enterprises will not change software every 2 years because the slop broke it.

[Finance Sources @finance_sources]

@opdroid1234 @dcolascione @SemiAnalysis_ COBOL is 65 years old and still runs a lot of important systems. Imagine having to move every couple of months because we just take off our clothes and don't ever wash them. An enterprise nightmare, but with slop code that will eventually break, I fear that's where we are headed.

[Finance Sources @finance_sources]

@MichaelKantro Is HOPE a snake that eats itself? So the employment level becomes the leading indicator for the next cycle not the current one?

[Finance Sources @finance_sources]

@ScroogeCap How did the associate get that past the analyst? Wild title

[Finance Sources @finance_sources]

@bennpeifert That's because yesterday's news is today's headlines. Newspapers are still slow relatively speaking. I've read every article in the WSJ online before my PM does from the paper. If talking the news in general, then you could make a decent amount of money off event contracts.

[Finance Sources @finance_sources]

@bennpeifert @rabois Create a Kalshi/Polymarket Event Contract outlaying this exact scenario then sell the contracts to degenerate gamblers and who cares if you lose $100,000 because you just made $250,000

[Finance Sources @finance_sources]

@LT3000Lyall I've been screaming this for years and someone in the Fed even picked up on this:

The Fed - End of an Era: The Coming Long-Run Slowdown in Corporate Profit Growth and Stock Returns https://t.co/P9gv24ZaGw