Grayson Prickett 🇺🇸

[Grayson Prickett 🇺🇸 @graysonprickett]

"Never, ever invest in the present... Try and think how the world may look differently in 18-24 months from now"
- Stanley Drunkenmiller

[Grayson Prickett 🇺🇸 @graysonprickett]

It's not that complicated...

[Grayson Prickett 🇺🇸 @graysonprickett]

Most investors underweight management quality because it's hard to quantify.

But over 3-5 years, management matters more than the business model.

Great management makes good businesses excellent.
Bad management destroys excellent businesses.

[Grayson Prickett 🇺🇸 @graysonprickett]

The best shorts aren't the broken companies everyone sees.

They're the "good" businesses with compounding structural problems the market hasn't priced in yet.

You want the thesis to play out slowly. Slow deterioration creates alpha.

[Nick Schmidt @NickSchmidt]

The obsession with "why" is the real reason most traders never make it.

[Grayson Prickett 🇺🇸 @graysonprickett]

@C_S_Skeptic Tesla is best to market with innovative products. Their self driving tech is better than competitors and the Optimus division could very well produce multiple trillions in revenue due to the Jevons paradox which will be in play here. It’s not a car company. Glad I could help.

[Grayson Prickett 🇺🇸 @graysonprickett]

@dampedspring Solid post. Thanks Andy

[Andy Constan @dampedspring]

I sold some gold out of beta yesterday and started a short in alpha.

It was a blessing to have joined. Bridgewater in 2010 that I learned of the diversification benefit of Gold in a beta portfolio. Also that we were able to predict when certain Asian countries would sell their gold. After leaving BW gold has been a constant in my Beta portfolio and a great source of alpha when understanding the flows. Remember 2012-2013 when you think countries only buy gold

[Grayson Prickett 🇺🇸 @graysonprickett]

Christ is risen! Happy Easter ✝️🇺🇸

[PaxTrader777🇺🇸 @paxtrader777]

He is Risen!

Christus Resurrexit!

Christos Anesti!

[Grayson Prickett 🇺🇸 @graysonprickett]

Every good trader knows each position they take should have both a solid fundamental/macro reason and ideally a favorable technical setup. Having only one of these elements can lead to a low conviction trade where bad decisions are made. #trading

[Grayson Prickett 🇺🇸 @graysonprickett]

@BobEUnlimited The Trump administration has proven tariffs work for negotiating; will continue to bring productive conversations and will continue to be used for that. There will be longstanding tariff on some countries going forward too, but many will be rolled back, in my view.

[Grayson Prickett 🇺🇸 @graysonprickett]

@BasedMoneyLich @BobEUnlimited They have won already with many countries that have dropped tariffs on the US. It’s historically been a negotiation policy of the Trump admin.

[Grayson Prickett 🇺🇸 @graysonprickett]

@dampedspring Robotic technology will be able to replace a large part of the manual labor workforce in less than 5 years.

[Grayson Prickett 🇺🇸 @graysonprickett]

@dampedspring The US transitions from a stimulus-driven recovery to a productivity-driven expansion fueled by AI-enabled operational efficiency. This caps inflation, allows the Fed to stay sidelined, supports both margins and multiple expansion in equities. It's driven by supply-side strength.

[Grayson Prickett 🇺🇸 @graysonprickett]

Excellent post.

[Kris Sidial🇺🇸 @Ksidiii]

When you’re coming up in the business, you tend to believe that hedge fund managers are these brilliant, larger-than-life figures—rulers of the universe with the uncanny ability to print money year after year. You put them on a pedestal. But then you actually meet your heroes and realize… not only are they not intellectually superior, they’re often not even that great at the very thing the world has glorified them for.

The irony? Somewhere out there is a regular guy at a small prop shop with a $15 million balance sheet who’s quietly doubled it eight years in a row. Or a sharp retail trader who’s consistently outperformed the market for a decade by exploiting some niche edge he’s mastered.

This game is one big mental paradox—filled with smoke, mirrors everywhere 🤦🏽‍♂️

[Grayson Prickett 🇺🇸 @graysonprickett]

However, it may take through Q2 or Q3 to begin feeling the impact of tariffs on these YoY growth numbers.

[Grayson Prickett 🇺🇸 @graysonprickett]

$BAC CEO: “The consumer keeps pushing money into the economy. All our consumer spending methods—debit and credit cards, ACH, checks written, Zelle, etc.—all that aggregate shows it grew at about a 4.4% pace in the first quarter of 2025 compared to the first quarter of 2024.”

[Grayson Prickett 🇺🇸 @graysonprickett]

The euro is breaking out of a decades-long downtrend. With tariff uncertainty, yields rising, and other economic pressures, this move is expected to continue, in my view.

#EURUSD #Eurozone #FX #Macro #Trading

[Grayson Prickett 🇺🇸 @graysonprickett]

Which market sees the highest daily trading volume?