jjimenef

Electronics engineer, tinkerer and entrepreneur.

[Javier G. Recuenco @Recuenco]

Yo entiendo que la gente odie a los ricos, porque hace buen relato y hasta Mötley desde sus torres de cocaína se subieron a la moto.
El punto importante es el último: no te rodees de resentidos, porque lo único que quieren es que les acompañes en el fondo del barril.

https://t.co/ZNALYcHrla

[Aakash Gupta @aakashgupta]

Taiwan solved tax evasion in 1951 with a trick so cheap it should embarrass every tax authority on the planet.

The problem was an all-cash economy full of small shops. A merchant pockets the cash, skips the receipt, and the sale never existed. Auditors can't catch what was never recorded, and hiring enough of them to watch every noodle stand costs more than the missing tax.

So finance chief Ren Xianqun flipped the incentive. Print a lottery number on every receipt. Draw winners every two months on live TV. Top prize today: NT$10 million, about $310K.

Suddenly the customer and the shopkeeper want opposite things. The merchant wants the sale off the books. The customer wants the ticket. And there are millions more customers than merchants. Every transaction now carries a built-in witness demanding the paper trail.

Year one, reported tax revenue jumped 75%, from NT$29 million to NT$51 million. Seventy-five years later, roughly 70% of Taiwanese still play. Convenience stores redeem the smallest NT$200 prizes at the register, so even a coffee receipt feels like a scratch card.

The elegant part is what the audit force costs. The prize pool runs about NT$7 billion a year, roughly $20 million. In exchange, the government gets 23 million unpaid auditors working every checkout line in the country, forever. No inspector general on earth delivers that coverage at that price.

Greece, Italy, Portugal, and Slovakia all copied it. The most effective compliance tool ever built looks like a game, and that's exactly why it works.

[Iván Fernández Amil @ivanfamil]

Y aquí está la clave de todo. Regían en la Nueva España, es decir, en el actual México, y ese México incluía territorios que hoy son de Estados Unidos: Texas, California, Nuevo México, Arizona... Las leyes de un rey castellano medieval regían el suroeste americano.

[Iván Fernández Amil @ivanfamil]

En 1984, un tribunal de Texas tuvo que decidir un pleito por el agua de un río. Hasta aquí nada sorprendente. Lo sorprendente vino cuando el juez desempolvó un código escrito en castellano medieval por el rey Alfonso X el Sabio hace más de 700 años. Tira del hilo 🧵👇🏽👇🏽👇🏽

[Dios @diostuitero]

Una ardilla puede recorrer España sin tocar el suelo saltando de imputado en imputado.

[FiFi Trades @fifi_trades]

Sitting on your hands today? You don’t have to be. TQE members all paid!

$MSTR $MU $SPY $NVDA

[FiFi Trades @fifi_trades]

Incredible Week. Amazing what happens when you can trade both sides of the market.

$MU $TSLA $MSTR $SNOW $SPY

[bansky @bansky___]

La mujer de Feijóo llegó a Inditex desde L'Oréal.

Lanzó el área de perfumería de Zara.

Directora de Zara Home 2003–2018.

Bajo su dirección Zara Home se expandió a más de 70 países, 600 tiendas.

Begoña llevaba la contabilidad de los prostíbulos de su padre.

Diferencias.

[Arthur MacWaters @ArthurMacwaters]

It’s crazy how we found a way to purify literal rocks into 99.9999999% pure silicon, then have magicians pull it into crystals, then etch a trillion little runes on it, put some electricity into it, and now it has 130 IQ

and the most common thing to do with this miracle is email

[FiFi Trades @fifi_trades]

Insane day in TQE

Multiple 100%ers

$SNOW $FTNT $OKTA swings paid
$MU $AMD $SPY puts paid

[El Equidistante @elequidistante]

Hoy hace un año, Jon González publicaba este gráfico.

Como cada vez se habla menos de pensiones y del drama de los jóvenes españoles por aquí, qué mejor homenaje que volver a ponerlo.

“Por cada 930€ que recaudamos de vuestros impuestos y cotizaciones, 310€ los dedicamos a pensiones, 138€ a sanidad, 97€ a ayudas sociales, 91€ a educación... y 11€ a vivienda.

Además, tenemos que pedir 70€ prestados que incrementan los 55€ que ya pagamos por intereses.”

[FiFi Trades @fifi_trades]

TQE Weekly Recap

We crushed shorts and longs all week.

Thankful for my team

$MU $SPY $MSTR $QQQ

[Anand @anandragn]

Situational awareness is the most critical edge in trading /investing, yet the hardest to truly grasp and consistently apply.

And it isn’t particularly close.

[FiFi Trades @fifi_trades]

😉 - pays to trade both sides
$MSTR $SPY

[Julian Komar 🚨 Market Update Premium @BlogJulianKomar]

Great post from @PradeepBonde 💪

Here is how I changed a lot of my trading beliefs over the years:

1) Study big winners

Old belief: The best trading approach for me is to sell most winners for 20%+ profits.

I studied a lot of stocks I traded and a lot of big winners of the past years. I found out that I am very good at selecting stocks that can make home runs. That's how I convinced myself that it's not a good idea to sell them for a 20%+ profit.

New belief: I am good at selecting home run stocks that can make 50-100%+ moves in a few weeks. The best approach for me is to sell them with trailing stops (EMA 8 / 21).

2) Taking new trades all the time

Old belief: I can only make money if I am actively trading. Stop trading = no money.

By looking at my past trades I found out that I was losing a lot of money if I continue to trade on bad market conditions.

New belief: I only trade if the stock market is in a clear uptrend. That's there the most money is made.

3) Being in the right stock counts more than setups

Old belief: I have to get into the leading stocks not matter how.

By reviewing my trades of the past years I found out that I sometimes lost money on big leaders by buying them on mediocre setups or randomly.

New belief: Setups give me an edge, not only being in leading stocks. Tight stops + fast moving stock + right stock selection is the key, not owning a leading stock alone.

4) Having money makes me happier

Old belief: I just need a lot of money and my life will be better because I can afford anything and do a lot of things I enjoy.

Over the years my money grew and grew but my life did not change much. On the opposite: It was getting more complicates and stressful! Fear of losing the money, strong emotions during ups / downs in the market …

New belief: Money won't make me more happier, I can only be happy if I don't want to change my status quo and have no wishes. Happiness comes from within.

There are probably hundreds of more beliefs that I changed over the years. But it's like @PradeepBonde said: You change your beliefs through experience and new insights, not by reading books.

[jjimenef @jjimenef]

@thetrading @jfsrev Great work! Question: have you tested or compared simple versus exponential moving averages during your research? I’m genuinely intrigued. I may try to do my own research of the topic.

[Trading Time Machine @thetrading]

@jfsrev I tested out for longer holding periods, and with time the trend effect of those extended names kick in. https://t.co/UM282gWFD3

[Justin Poehnelt @JPoehnelt]

Two months ago I was fired by Google for creating the Google Workspace CLI. It went viral, hit #1 on Hacker News, gained thousands of GitHub stars and many thousands of actual users in just a couple days.

It was an incredible, confusing journey, from directors and leaders asking what they could learn from the tool to getting grilled by legal about why the Google logo and brand colors are on the Google Workspace GitHub code repositories.

I think the cause was that Workspace and certain leaders (and projects) were afraid of being disrupted. But the fear wasn't specific to my CLI, it was a broader fear in what agents meant for Workspace. Either way, the irony of my termination was the announcement at Google Cloud Next two days before I was fired that an official Workspace CLI was coming.

I want this out there because it is easier for me to explain my story and it is an experience I want to fully own. It's also part of my healing.

Nearly 7 years at Google was an incredible opportunity for me and I was fortunate to have wonderful teammates and a manager that fully supported me through these last few months. Thank you.

[Heisenberg @Mr_Derivatives]

$MU “crashing” to levels not seen since….

Two days ago.