Compound Gains

Hedge fund PM. Helping others achieve their full potential helps you achieve your own. Humanist / optimist / stoic.

[Compound Gains @gains_compound]

@iky_fwjett Contact Kent Bray on LinkedIn. Look him up. You will not regret it

[Compound Gains @gains_compound]

@SukhSidhuDXB Appreciate the honesty here - I would guess most of us feel the same. The risk of anything bad happening is probably 5%, and it used to be 1%. So technically you and your family are safe. But 5% is not nothing. Leave and come back when things settle down - it's not that deep!

[David Park @investingdpark]

Notes from @BillAckman's fireside chat in Omaha:

People Underestimate the Power of Checklists

- Pershing Square had the best 6 years of its history since they inscribed their checklist into a piece of "stone"

- "If I ever veer [off this checklist] just hit me over the head with this thing"

The checklist:

[Compound Gains @gains_compound]

@richfalkwallace @__paleologo great post - can you share excel wiv me pliss :)

[Wey How @wey_how12640]

I copied this from @OliverKell_ 's tweet in December 2023, and this summary has been pinned on my trading wall since then.

[Polina M. Pompliano @polinapompliano]

I spent the last month trying to answer the impossible question:

What makes someone likable?

Below, I break down 9 techniques that will help you dial up the charisma in your everyday life:

[Compound Gains @gains_compound]

@rev_cap Higher rates squeeze both demand and supply side by different amounts. There is currently more of a supply shortage rather than frenzied leveraged house buying at current mortgage rates and with current lending standards both much tighter than historically. More supply needed.

[Compound Gains @gains_compound]

@XavierHelgesen High quality insightful post - thanks for sharing! As an outsider I would love to understand the math of how these inputs feed into the purchase price. Any kind souls out there who can educate?

[Bill @wabuffo]

Here's the same chart I used to discuss how the US got to its GFC moment - but, this time, updated to present day.

This brings up the main macro argument that I have been pounding the table on since the end of the pandemic.

US households had largely repaired their financial balance sheets by 2019, a decade after the GFC, and then....
the US Treasury showered them in money!

One can see this in the 2020-2023 yearly data. I don't think this suddenly dissipates in one year, or two... this could be a decade of US household balance sheet strength! And is still strengthening further!

[Poonam Soni @CodeByPoonam]

Internet has more than 1.5 billion websites.

But most people don't know the best ones.

Here are 10 hidden websites that give you superpowers:

[Citrini @citrini]

Here are some specialists to follow if you’re a generalist investor in multiple asset classes/markets.

i know I’ve said this before but if you want to be a generalist you’re gonna have a really bad time without the humility & self-awareness necessary to recognize sectors / markets in which you are potentially at a massive disadvantage lacking specialized knowledge. this applies to some areas a lot more than others. Significant examples are commodities, emerging markets, biotech, options, crypto….

find people who will take you up on an offer to exchange your own knowledge & market color for theirs in your respective domains. you can’t become an expert on something in 48 hours, but you can borrow the expertise of someone in your network.

one example: in early December I posted that I wanted to be long some altcoins to play a boom in speculation/animal spirits. i didn’t know much about them beyond the fact I didn’t know much, and that the environment seemed good for the space.

@0xKNL__ DM’d me a ton of info on TAO, WIF, AR, RNDR, SNS and SEI. it was clear he knew what he was doing & wasn’t mistaking a bull market for being a genius. i made a lot more money on my “max speculative crypto fever” thesis because of his input.

there are a bunch of other specialists on here that you should follow as a generalist who may eventually find yourself trading in or with exposure to their market. off the top of my head:

energy: @WTIBull @RaisingTheBAR47 @YellowLabLife

options: @KrisAbdelmessih @moreproteinbars @TimTheMM

biotech: @Biohazard3737

econ/macro: @EconstratPB @stevehouf

STIR & fixed income: @SirOfFinance @PntOptions @686Prism @JeremyWS @em_credit_fund @EffMktHype

crypto: @0xKNL__ @therobotjames @goodalexander @nope_its_lily

financials: @SEC_digger @Cap1talCap1tal @NegativeGW @TheRealDanSaedi

industrials: @crazyjoedavola_

semis: @fabknowledge @dylan522p @dnystedt @ResearchQf

I’m sure I missed a bunch. if you have one I missed, reply w/ their handle. despite the complaining & bad takes & shit talking, this site is actually a great resource if you know just enough to tell when someone knows what they’re talking about.

[Adisensei @adisensei]

#LeveragedLoan retail funds continue to bleed. #CLOs - the only game in town.

[Compound Gains @gains_compound]

@BowTiedBroke How much does one need to retire from the rat race? Obviously depends but how do you think about this?

[Kris @KrisAbdelmessih]

A redditor that said he stopped reading because he knew I was an idiot when I said the $5 call on this $1 stock has a .50 delta

He basically validated the reason for writing the post and...somehow this was lost on him (it could only be a him)

[Angry Tom @AngryTomtweets]

20-year-old kids are using AI and No-Code tools to make $10,000/m

They are building money printing machines

Here are 8 AI and No-Code tools to start printing money online:

[Sahil Bloom @SahilBloom]

A concept that changed my life.

The Time Billionaire:

[AJAC @AJA_Cortes]

AJACs Top 5 Exercises for POSTURE

Whether sitting too much or moving too little, people are becoming more bent over in how they stand & move

This kyphotic posture is a common but easily solved problem

These exercises will get you stronger, breathing deeper, and standing taller

[Nephew Sam @Nephew_Sam_]

Automated backtest: This data shows the frequency of which day the week the high-of-the-week and the-low-of-the week are formed.

FX pairs HOTW/LOTW are usually formed on Monday/Tuesday whilst NAS/SPX is towards the end of the week. BTC and other cryptos are scattered throughout.

[Brian Feroldi @BrianFeroldi]

I've been investing for 18+ years.

Here are 10 painful lessons I had to learn the hard way: