Julio Recalde

Co-founder @stkasset #Paraguay investment management firm
Posts about wealth preservation, geoarbitrage and sovereignity
Alumnus @Cambridge_Uni⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀

[Julio Recalde @juliorecalde]

https://t.co/ELqj3A0IKU

[Pascal-Emmanuel Gobry @pegobry_en]

Civilized people hate voice notes because they’re inherently rude. A voice note is easy to send but hard to receive, since one must interrupt oneself and listen. To send someone a voice note is to say "My time is more valuable than yours." It’s insulting.

[Julio Recalde @juliorecalde]

@itsolelehmann This what YC should have shared: a simple, concise doc instead of thread of videos.

[Julio Recalde @juliorecalde]

Same, feels like magic and any (normal) pain goes away quickly.

[Danny @UltraRunner26]

@HankFrank Walking. Fastest way to get over almost any session. Even after a 100 miler. I try to just get up and walk like 1 mile every couple hours the next day. I bounce back so much faster.

[Julio Recalde @juliorecalde]

@runliftrunlift Spot on.
I’ve been doing 5/3/1 for ~5 years and it’s wonderful.

[Julio Recalde @juliorecalde]

@Alan_Couzens @jakekellymd @nuclearayJ @grok mon ami source please

[Julio Recalde @juliorecalde]

@Teknium @iamlukethedev @NousResearch How though? 😮‍💨

[Julio Recalde @juliorecalde]

@zachpogrob 👋🏾✨

[Julio Recalde @juliorecalde]

@brockpierson Quake I.

[Julio Recalde @juliorecalde]

@zachpogrob Hi Zach, I’d like an invite please!

[Julio Recalde @juliorecalde]

@Brady_H @redlightmoment And running shirtless is one of the most comfortable and satisfying ways of running.

[Julio Recalde @juliorecalde]

@brian_armstrong @paulg Conversely, and for summaries a good prompt is:

“for summaries, always consider the density of the text you start with; never just compress things by a constant (or random) amount without even trying to measure how much you’re losing.”

[Julio Recalde @juliorecalde]

@HankFrank Honest question: why would you buy this brand? (v. “traditional” sports ones)?

Mostly aesthetic considerations, right?

I am genuinely puzzled by the business case to be made and with the advent of so many brands, targeting CrossFit, gyms in general and Running.

[Julio Recalde @juliorecalde]

42 🫡

[Bryan Johnson @bryan_johnson]

Men, take a break from whatever you're doing and see how many pushups you can do.

How many did you do?

It's a predictor of your heart disease risk.

. 20+ reps is linked to a 75% lower risk
. less than 10, you gotta get off dat ass

Data from 10 yr study of 1,104 men aged 21 to 66.

Pushups outperformed submaximal VO2max at predicting events, likely because pushups capture muscular strength and power on top of fitness, two of the strongest protective biomarkers known.

Limitations: the cohort was middle-aged male firefighters, so do not extend to women, older adults, or sedentary populations. The under 10 group was also older, heavier, and smoked more, so some signal is residual confounding by overall metabolic health.

[Julio Recalde @juliorecalde]

Current version keeps trying to install full agent.
Please add a "remote gateway" option *before* full install.

[Nous Research @NousResearch]

@dspillere It can run in “remote gateway” mode: point it at a Hermes dashboard/backend URL on another machine and provide the session token, and the app will use that remote backend

[Julio Recalde @juliorecalde]

.@Garmin so..?

[Pete Oxenham @peteoxenham]

strava mcp launched today lfg

[Julio Recalde @juliorecalde]

🇵🇾 Paraguay sovereigns at opening today 1st June 2026.

[Julio Recalde @juliorecalde]

SpaceX shows what makes America great, but my god do they have an unfair tax system that punishes success.

most people default to "sell-to-cover" — i.e., ~40-50% of their holdings are immediately sold to cover the taxes on vest. Remember these vests are W-2 events. In order to not do this, the employee would need to come up with significant cash (because the taxes are paid against the price at vest, not the price at grant) — especially later on.”

[Peter Sellis @petersellis]

Good math, but not all quite there:

First, SpaceX pays fairly average, but for more than a decade they have offered regular (~bi-annual) liquidity to employees. To live comfortably (especially to have a family) in LA County, most employees would have sold a little bit here and there, if not a lot (e.g., if they were the sole earner in a household).

Second, critically, because there is no double trigger (in order to facilitate the liquidity), most people default to "sell-to-cover" — i.e., ~40-50% of their holdings are immediately sold to cover the taxes on vest. Remember these vests are W-2 events. In order to not do this, the employee would need to come up with significant cash (because the taxes are paid against the price at vest, not the price at grant) — especially later on.

However, two things make SpaceX particularly awesome IMO:

1. They gave employees the option to choose stock or options along the way. Someone who took options and paid the taxes with cash would have done very well.

2. They gave stock to everyone. There are a bunch of highly skilled workers that we on X never think of, like Tube Benders, Orbital Tube Welders, Cleanroom Technicians, etc. that are going to make significant fortunes.

Maybe it's overly quixotic, but this last point is underrated part of @elonmusk attacking physical problems, not just software ones, with 100x thinking: a bunch of people in the types of jobs America needs and romanticizes (for good reason) will be rewarded with the kind of wealth that really would not be possible at any other company they would have chosen.

An incredibly positive story that, if you can't see it in that light, you should look inward.

[Julio Recalde @juliorecalde]

@Komplizenontour Ref implementation: financing is going to be quite challenging because of length and terms required.

Capital markets infrastructure is having a remarkable overhaul too, by the way.

[Julio Recalde @juliorecalde]

@b0newalljackson @grok bro explain what and how are these used for.