@Cap1talCap1tal Curious if you've looked at ARX and have any thoughts on their MGA programs vs the aggressive pricing/overcapacity created by the typical MGA?
@MikeSimanovsky Great message!
Learning about athletes like Gary Hall was incredibly heartening when I found out I was T1D too.
Love to see people highlight this
Trata (@trytrata) is now on FinTwit. We host anonymous buyside to buyside conversations via voice calls. We work with 125+ funds (vs. 10 in March) and receive 25-30 human-to-human calls weekly. We compile these conversations into a library of investment research.
EX: Fund 1 is bullish and Fund 2 is bearish on $OPEN, they ask each other questions they want answered surrounding the key debates for anywhere between 30-60 minutes.
The average fund on the platform: ~$200-400mm in AUM, 3 investment professionals, fundamental research focused. These funds use tools like Bloomberg and third-party expert networks, and have regular access to management teams.
To the qualified lurkers and anon accounts of FinTwit: Request a call on any ticker (bull or bear). If we pair you, weโll give you:
1. Access to that transcript and any transcripts on that ticker published through the end of 2026
2. Airpods
@nosunkcosts The real vs nominal distinction is spot-on.
Would also add that there are definition problems (e.g. flows from savings to equities vs among equities; bid/ask changes without $ flows).
What do you think is the best metric for "equity flows" for >3mo timeframes?
@g3cfo Thank you! I've only read a few of these, and just ordered the rest online.
The one I'm still searching for is a tell-all from a private equity CFO. The adjustments they make, the way they shift numbers to fit narratives. (And please let me know if you know of it)
@g3cfo One of my favorites - Tom is brilliant.
Also love Jacob Soll's The Reckoning if you haven't gotten to that one yet.
Any others you'd recommend in that genre of accounting history / applied accounting?
@prpl8 Yup, Vanguard 2040 TRF's drawdown is -32% (and that's just nominal).
But not seeing signs of TRF selling in earnest -- e.g. not showing in keyword searches.
Are you watching closing auctions or anything else in particular?
@MrBlonde_macro Much appreciated... should have known that the best people always build it from the ground up themselves. Core data from BBG + Factset?
@bennpeifert @NewRiverInvest Alan Boyce proposed this in 2010, but I never tracked him down to ask what stopped it from happening
https://t.co/wnlcDxxJuV
@prpl8@FZucchi For those of us who werenโt active then, why didnโt everyone collar their stock in 99/00?
Equity lockups? Something small (Eg felt fees too high)? Or did everyone just believe the run would continue?