Dux

[Lucien IV🌙 @Viotocrat]

Nietzsche on Great men

[л @yetooshi]

It was only amongst the Greeks that adoration for Beauty went to such lengths that they even considered their enemies who were beautiful and good-looking as superhuman demigods and killing them a sinful act.

[yenwod @yenwod_]

Inspired by recent discussion about whether it's possible to learn trading outside an elite firm.

If you're the kind of person that reads this project and thinks it sounds fun, imo you'll be able to learn employable trading skills just fine on your own. https://t.co/czZMfucmpT

[Dux @ilduxkfun]

@zhapy125 TradingLite?

[Marianne @thrialectics]

An underrated insight from cybernetics is that you can build something precise out of imprecise parts. Individual components can be inaccurate if you have a negative feedback loop, because the output depends mostly on how accurately you measure it, not the quality of the parts.

[doxa @oberhegelianer]

Btw in my opinion everyone should read Prolegomena too. As schopenhauer said “it’s the easiest and best book to understand Kant”. Before reading Cpr you should read it.

[∞-modal Noah @NoahChrein]

I have absolute faith that the densification of proofs in the convex hull will warp math space and show us something hidden. A result that if we got 10M voevodsky grothendiecks in a room, they would have definitely discovered.

[Dawson S. Williams @DawsonSWilliams]

The attempt to reach polymathy

[Minh Nhat Nguyen 🦭 @menhguin]

it is very important that if you care about being right, u find a way to make money from it, bc otherwise people don't like giving u the emotional satisfaction.
that and making money from it forces you to be more accurate.

[Girardism @Girardism]

Michel Treguer: Are you a prophet?

René Girard: Absolutely not. I'm just a sort of exegete. All prophecy stops with Gospel Revelation. ...

Michel Treguer: But why did René Girard come along now? Why not in the year 1000, or in the year 1500?

René Girard: Now you're going overboard. Three quarters of what I say is in Saint Augustine.

[Dux @ilduxkfun]

@zhapy125 Curious about the structure. Why outright long-dated puts instead of put spreads? Was skew cheap enough to own the wings, or did you want the uncapped convexity in case the selloff gets disorderly?

[Gappy (Giuseppe Paleologo) @__paleologo]

@TCK_JRubano I have not read this book although the authors made some unlikely claims about collusion.
Maybe “Market liquidity” by Foucault et al.

[cephalopodshop @macrocephalopod]

Everyone hates it when I point out that

- systematic trading is hard
- you can’t prompt your way to a profitable strategy unless you already know what you’re doing
- most people capable of making a success of it for their own account would do much better getting a job at a good trading firm instead

But this is literally the highest value thing I do in this site. Every person who takes my advice is hundreds of hours and tens of thousands of dollars saved!

[Dux @ilduxkfun]

@AgustinLebron3 In your opinion, what exactly is their skill set, and what are you comparing it against in terms of its usefulness?

[Dwarkesh Patel @dwarkesh_sp]

I recently got to interview Robert Caro, who is my favorite author of all time.

This gave me the excuse to reread his biographies of Lyndon Johnson and Robert Moses, and to compile my prep notes into this video essay.

These guys pulled off some truly incredible schemes.

[McKenna @Crypto_McKenna]

Hyperliquid

[Nemil Dalal @nemild]

At @ycombinator, we're excited to fund more crypto startups solving financial needs including AI capital raising, stablecoins, trading, and agents.

Here's our latest crypto request for startups. Our next application deadline is Monday.

[Dux @ilduxkfun]

@doncastro so true king

[𝔩𝔲𝔫𝔞.𝔥𝔩 @lobotomy_user]

>be stan druckenmiller
>drop out of your PhD to become an oil analyst
>4 years later, start your own fund, duquesne capital
>get hired by George Soros to work on his fund
>walk away in 2000 after getting burned on tech stocks
>go back to your own fund, trade macro, keep grinding
>spot the housing bubble in 2006, start shorting
>underwater on the position for two years
>2008 hits, thesis plays out and fund posts $260M in profit while everyone lost
>close the fund in 2010 after 30 years of 30% annual returns with no down years
>retire and never tweet
>until 2026, when you announce you’re backing @tradexyz to bring perps to the US
>conviction in Hyperliquid

“You are not Stanley Druckenmiller.”