AlanGreenSPAC

Some finance, some tech, a sprinkling of politics / IR and liberal amounts of shitposting

[AlanGreenSPAC @green_spac]

The local bodega charging me $9.34 for a carton of milk

[AlanGreenSPAC @green_spac]

100%. Worst thing you can do is just keep navel-gazing thinking it’s going to lead to a better decision

It’s what @pmarca said a few months ago..make an errant decision, determine it wasn’t the right call and move on

You’ll get to the right answer a lot faster and this holds true in so many walks of life

[AlanGreenSPAC @green_spac]

@APompliano @grok does this narrative still hold up if you look at it as % of working age population?

[AlanGreenSPAC @green_spac]

But I don’t think most of these new hires choose to be in Dallas..it’s what GS/MS/JPM decided they’re doing to control comp expenses, reduce their tax bill and take advantage of incentives the city offered. And because they are oligopolists in finance recruiting, employees fall in line

The outcome might be the same and it’s a windfall for the DFW area but call a spade a spade. No one woke up and suddenly wanted to trade equities in Dallas

[AlanGreenSPAC @green_spac]

In theory I like this but figuring out the right duration for those seasons is tough

Want to reach peak fitness? Even a few weeks/months and you’ll notice a meaningful drop off from where you were before. Maybe you’re not starting from square one but you’re making up a non-trivial portion of the work you’d already done

Take too much time to travel and suddenly you’re not hitting the same professional milestones as your peer group

This works if you can strictly apply a mental model where you don’t worry about stagnation or regression in A while you focus on B or C (and have clear goal posts where you move on) but I think that’s easier said than done

[Aporia @aporia9n]

I think ambitious people should treat life in “seasons” rather than trying to balance everything every day.

A few years massively overallocated to work. A period getting seriously fit. A year or two nomading. Then family takes priority for a while. Then maybe at 35 you go completely insane again and spend four years building a new company, and so on.

The mistake is thinking every metric needs to stay green all the time. Most great outcomes (building a company, writing sth serious, training for an event) need uninterrupted runs, not daily moderation. Sometimes work should suffer cause you’re travelling, sometimes your social life should suffer cause you’re building, sometimes career progression should slow cause family matters more. That’s fine.

And tbh it probably makes life more fun too. You get actual chapters and completely different versions of yourself instead of spending 40 years maintaining the same perfectly optimised routine. A few intense years in one city, a weird nomad phase, an obsession that takes over your life, then something completely different. Probably much more memorable than one very long well-optimised Tuesday.

It's why I encourage everyone to think of balance in years, not days. A good life can look horribly unbalanced on some random Tuesday and still be very balanced over 10 years.

[AlanGreenSPAC @green_spac]

You’re right that DB has the higher valuation (and revenue growth) but that comes at a higher P/S multiple ~1.75x vs Snowflake

In a world where self-serve analytics is taking off, I think Snowflake is a bigger beneficiary and their revenue growth continues to accelerate (though maybe not to DB levels). That makes it a more attractive value prop

[AlanGreenSPAC @green_spac]

Can’t say I’ve used Databricks but not having to tune Spark, automatic query optimization and quicker set up all seem like points for Snowflake

That all means it’s easier to onboard non-technical stakeholders (who can drive incremental analytics / BI spend). Those users also probably don’t need some of the MLOps capabilities you get with a Databricks

I think Snowflake is better suited to the median user vs Databricks is for specialists but curious if you think there are other points for DB

[AlanGreenSPAC @green_spac]

My other gripe with the Burry thesis is we’ve kinda commoditized athleisure. Why am i going to buy $LULU over an Alo, Vuori or whatever emerging leggings brand popped up on IG? $LULU isn’t the cultural signifier it once was.

Maybe he should DM some fitness influencers as part of his DD..

[AlanGreenSPAC @green_spac]

@aleabitoreddit My other one is $HOOD https://t.co/uPZGxUgSiG

[AlanGreenSPAC @green_spac]

Really bullish on $HOOD these days. Their social tab could quickly usurp some of the WSB / FinTwit mindshare

UX / UI have been ahead of the Fidelity/Vanguards of the world for ages and I recently did some securities transfers that were pretty seamless

[AlanGreenSPAC @green_spac]

Back in May, fairly senior engineering director said we were "All in on $SNOW", and were going to 3-4x our spend. As Sales/HR/Finance onboarded to our AI tools, they started building every variety of reporting and analysis they could come up with, most of which probably never saw the light of day. And for data folks, it's easy to run 5x as many queries when you're not writing any of them yourself

We're pretty AI-forward so I figured if we were doing this, others would follow and it was enough of a signal for me to open a starter position

Fast forward to their Q1 earnings: they guided higher, revenue growth reaccelerated and 46 customers crossed the $1M TTM spend mark. Gross margins also held up pretty well despite the ~$86M increase in cloud infra costs

More recently the stock's benefited from some of the fallout from Situational Awareness and SAAS re-rating

The position got away from me pretty quickly and I was never able to size up but I'm still long here and watching closely for whether the trend continued in Q2

[AlanGreenSPAC @green_spac]

Easiest way to nuke your presidential ambitions and irreversibly alienate certain voting blocs is to stake out hardline, absolutist positions

Regardless of what you think about the policy, a savvy politician gives themself the space to recalibrate and walk back an unpopular, out of touch take. Not sure how you do that here..

Lesson in strategery for both the right and left

[HatsOff @HatsOffff]

Marco Rubio: ‘If you criticize Israel you will be denied a visa to the United States’

[AlanGreenSPAC @green_spac]

Viewpoints that are outside the Overton window. @TheDemocrats need to wake up to this if the “mainstream” wing of the party wants to remain viable / relevant

[AlanGreenSPAC @green_spac]

🧵Listen to the @WCrowdsLive episode with @SamAdlerBell this week. He says he didn’t anticipate the socialist moniker would be a winning electoral strategy.

Neither did I but when the old guard let’s precarity and inequality reach a fever pitch, people are going to embrace

[unusual_whales @unusual_whales]

The share of U.S. gross domestic income going to wages and salaries has fallen to 43%, near its lowest level since records began in 1929, per FT

[AlanGreenSPAC @green_spac]

They also make it very easy to post trading stats which is the type of transparency and verifiability retail wants before they decide how much stock to put in a FinTwit account

[AlanGreenSPAC @green_spac]

Really bullish on $HOOD these days. Their social tab could quickly usurp some of the WSB / FinTwit mindshare

UX / UI have been ahead of the Fidelity/Vanguards of the world for ages and I recently did some securities transfers that were pretty seamless

[AlanGreenSPAC @green_spac]

Long @ $90 but it’s a pipsqueak position and knowing my luck I’m probably late to the party

[AlanGreenSPAC @green_spac]

@matt_levine also called out the new agentic accounts feature which could turbocharge trading volume

I spent months thinking about wiring up my PA up to an LLM so I could text in orders (which is just the tip of the iceberg in terms of what you can do this with)

[litquidity @litcapital]

When you say “we’re rightsizing our company headcount to improve margins” instead of “you’re all fired”