Totoro Cap

natural stupidity model

[Totoro Cap @klmzu]

@DrAlexTatem You have to be such a ridiculous guy to get your ass absolutely handed to you by countless people hundreds of times and still have an ego

[Totoro Cap @klmzu]

“Wow that Leopold guy sounds like a real degenerate. Where are his risk controls” - me, currently 230% levered

[Totoro Cap @klmzu]

@ContrarianCurse Do not cast aspersions on the beautiful and difficult work of the Goldman Sachs equity capital markets team, which continues to spin miracles

[Totoro Cap @klmzu]

Abrupt food and energy inflation devaluing the yen?

Yen worst performing OECD currency globally this year

[Totoro Cap @klmzu]

Ok so how does this make money? The BoJ is highly incentivized to devalue the yen in an orderly fashion. Abrupt energy or food inflation will devalue the yen in a disorderly fashion. Typically a setup like that can result in a run on the currency (like TWD this year)

[Totoro Cap @klmzu]

Sometimes I get caught in a triangle and fight for too long until the black creeps into my vision and I begin to go limp. In that moment my entire life is in the hands of Andy who is a 19 year old who just came in from Pre-Calc. I come home and tell my wife my workout was good

[Totoro Cap @klmzu]

@TMTLongShort MF PE is the same and you don’t even need to generate alpha

[Totoro Cap @klmzu]

Cuba receiving the Maduro treatment seems very bullish $NFE worth a look

[Totoro Cap @klmzu]

The best part of the odyssey is that Odysseus comes back to 100 dudes in his home trying to sleep with his wife.

And he’s like honey what’s going on are you sleeping with these dudes?

And she goes no honey you came just in time thank god it almost happened.

Yeah alright

[Totoro Cap @klmzu]

You’re going to pay me to think about how the world works? And you’ll pay me even more if I’m right?

[Totoro Cap @klmzu]

Investing is such a fun job it’s genuinely shocking it’s also well paying

[Totoro Cap @klmzu]

It’s been a surreal experience tailing behind my boss as they’ve strategically and ruthlessly executed every contender for political power in their way. I’ve just peacefully strolled behind a powerful wood chipper that’s rendered every forward obstacle into fine red mist.

[Totoro Cap @klmzu]

@Mid30sManhattan @Equinox This happened to me at equinox in 2017, and police essentially told me to lose their number. The scam is run through the employees

[Totoro Cap @klmzu]

If Warsh just lowers rates then my carry will hit, my gold will skyrocket, and I will be rich and get to have 5 children. The only drawback is communists will rule the country and break both of my shins and take my house

[Totoro Cap @klmzu]

@RealJohnRose We need to be vicious, just like they are, it is the only thing they understand

[Totoro Cap @klmzu]

@Mr_Neutral_Man REIT management teams that overlever themselves get punished by the market and trade at a discount. Market forces push them to responsibly capitalize

[Totoro Cap @klmzu]

Anybody can hate the GPs, but do you have the courage to hate the LPs?

[Totoro Cap @klmzu]

@rhunterh Almost certainly, but that's just the same crime taken one step earlier

[Totoro Cap @klmzu]

@rhunterh If you disrespect your capital enough to allocate it to S2, you truly don't deserve to have it. The money deserves a more loving and thoughtful owner. The twitter hate directed at Scott should instead be directed at the thoughtless LPs

[Totoro Cap @klmzu]

@skooookum In the market for a pregnant wife, need ASAP