Harry

Burghardt is beau

[Fraser Nelson @FraserNelson]

It’s hard to imagine Norway’s PM being asked this question in this way.

But the answer is quite something.

[Clifford Asness @CliffordAsness]

I don’t have to imagine it.

And it’s awesome.

[Jens Nordvig @jnordvig]

A personal post about dreams and the circle of life: I grew up in a small town in Denmark. I had a keen interest in economics & markets, even before high-school; and I watched @CNBC via my parents cable subscription in the 1990s

When I met with our study group at the economics department at Aarhus University, we discussed if any of us would become the next Abby Joseph Cohen (the famous Goldman Sachs equity strategist)

And I was thinking about how it would be, to be speaking on CNBC or even ring the bell at the New York Stock Exchange

Many years have passed. I have lived outside Denmark for 25 years, almost 20 of which have been in New York

I have worked personally with Abby Joseph Cohen, when we overlapped at the GS Investment Research Department in the early 2000s (I did economics, she did portfolio strategy)

I have been on CNBC many times myself, sitting in a similar (but modernized) version of the studio I looked at from my parents sofa. and which looked like a fantasy-land back then

On Friday, I was invited to speak at at a special call with the clients of @fundstrat , who is now one of the most famous market commentators, and now a friend of mine

And on Monday (and this is the reason for this post), I will participate at the bell ringing ceremony at the Nasdaq site at Times Square, and we will have our MarketReader logo show up on the huge screen right there on Times Square in the middle of New York City (the city of dreams, certainly for me...)

As life progresses, things that at a time seemed fantastic, and unreachable become normalized

I now regularly meet with the top investors in the world (the clients of @ExanteData). It is normal now, just a part of the day to day.

I now regularly meet with CEOs of the biggest financial market participants in the world, to discuss how we can develop strategic partnerships (this is a big part of what we are doing with @marketreaderinc now)

When I go on TV, I am no longer nervous. It is just a normal part of life, and fun way to engage with anchors that I have also become friends with over time

But this is far from normal, relative to the expectations I had for my career when I grew up (and I had never seen any family members work or study outside my little country)

I would like to thank my Danish family for never holding me back, and for my new family in the US to allow me to follow my dreams

I would like to thank all the colleagues I have worked with at Goldman Sachs, Nomura etc, who helped promote and support me early on.

And I would like to thank all my team members (and investors) at @ExanteData and @marketreaderinc who have backed my vision for those companies and worked hard to achieve our goals and grow together (I apologize to those I pushed a bit too hard)

And on Monday, I will be traveling back to the future; when I will see the logo of one of the companies I have founded - @marketreaderinc - show on a big billboard at the Nasdaq site in heart of the financial capital of the world.

Thanks to all, for everything!

(one the earliest supporters of @marketreaderinc was @primdahl, the founder of @Zendesk, and he told me years ago: "do not forget to celebrate your successes", and this post is a response to that)

[Citrini @citrini]

Playing this on repeat all day.

Someone remix this, I’d like the beat to drop right after “and I think I would”.

[Jason Groves @JasonGroves1]

Paul Gambaccini who is pushing for a crackdown on urban foxes reveals the final indignity was when they ‘urinated on the Financial Times’ left on his doorstep

[Quantіan @quantian1]

Greatest buy-side slide decks of all time. I’ll start, post your nominations below:

[Nick Rowe @MacRoweNick]

Makes me happy to see one of my old blog posts still being read, liked, and shared.
https://t.co/PpTR8DwAiY

[Time Capsule Tales @timecaptales]

@historyinmemes Robert Downey Jr. visits Wall Street for The Last Party documentary, 1992. https://t.co/h4XmM51s4z

[Chris Bakke @ChrisJBakke]

Tech guy in real life: "I like hamburgers."

Tech guy on a podcast: "Oh, great question. I mean, if we zoom in from a flavor architecture perspective, I have pretty strong biases toward the hamburger. I just got back from Tokyo and they call them hanbāgās there. Really, really good. Have you ever been to Japan? It's unreal. Quick story: my good friend Sam - oh, sorry, yeah - Sam Altman - he's vegetarian, but in like 2014 even he agreed at this SV Angel lunch that from a pureplay gastronomic perspective hamburgers are consumable masterpieces that completely embody disruption. I mean, you start with this robust framework of the bun, right? Which seems straightforward, okay? But now, we introduce condiments which really start to power this user-centric, completely personalized experience. So, when I was at Stripe, we used to..."

[Emil Huth @emil_huth]

Christmas ruined

[Citrini @citrini]

hearing rumors that a private credit pod was trying to arbitrage the treasury basis with a ladder attack in the forex repo market and is now blowing up after hitting the 0dte option maturity wall? anyone have color on this?

[Tim @TimTheMM]

@QEternity @therobotjames @686Prism @DekmarTrades It’s dealer gamma as a result of a few large dark pool forex repo trades that were hedged from some insight on a VIX TA chart. Rumors im hearing from a few spot VIX fund mangers are suggesting that the short ladder attacks have been ongoing since the short squeeze on GME

[Andy Constan @dampedspring]

No that is the wrong synthesis of LDI. British Pension schemes were structured to have no leverage overall but the LDI had lots of leverage and the pension fund wrapper couldn't provide mark to market collatarel quickly. BOE provided a 2 week "circuit breaker". Plus the fiscal stupidity resolved.
Anyway that's a cohort crisis. Not YCC. No different than any other cohort crisis (SVB). NOT monetary policy. AND needs a cohort crisis

[Philip Proudfoot @PhilipProudfoot]

Well, this will be the last time the BBC tries to interview a highly competent professional.

[Sid Verma @_SidVerma]

My Dad when I told him at high school that I wasn’t interested in STEM:

[Munch @Muncheds2]

Reminder
Your brain used to be able to solve this easily and now youre gang gang ice cream so good yum yum

[Mollie Goodfellow @hansmollman]

What idiot called it first date small talk and not

[JohannesBorgen @jeuasommenulle]

After pushing the entire EU for Mifid 2 and unbundling of research, the UK announces it will scrap Mifid 2 and rebundle research.

Best inside job since the Cambridge 5.

@SMTuffy