Marginal Thinking

Here mostly for the finance and econ discussions; retweets are not endorsements.

[Marginal Thinking @marginthinking]

@darioperkins But they basically paid some of their suppliers with stock rather than cash and that’s why there’s so many converts to get revalued.

Given that, I’m not sure it makes sense to discount it as just a matter of capital structure. More akin to when SBC is a material piece of op ex

[Marginal Thinking @marginthinking]

@tleilax___ CENTCOM incoming fact check

[deanna mcdonald @deannagmcdonald]

well they famously did not turn the titanic around at all

[Dirty Texas Hedge @HedgeDirty]

A recurring policy problem in many areas is that the entire regulatory apparatus is run by people who are professional class but ideologically egalitarian, resulting in regulation attempting to impose the 75th %ile class-specific minimum standard to everything

[Marginal Thinking @marginthinking]

@Entertained_1 @profplum99 closet* indexers

[Marginal Thinking @marginthinking]

@Entertained_1 @profplum99 One way it might help them is that TSLA is a member SPX, but SPCX isn’t. If a merger allowed them to show token profitability, it could unlock a step up in passive flows to get all the SPX funds and closer indexers.

[Marginal Thinking @marginthinking]

@TaylorStCap I think it’s largely a reaction to the board member resignation after already having the CFO retire and IR getting fired recently. I don’t think it’s really about the numbers themselves.

[Marginal Thinking @marginthinking]

@biral_r I agree. They have been remarkably restrained, so I don’t think we can rule it out, but I also find it hard to imagine they would play ball again (unless that outcome (like the MoU terms) could also plausibly achieve the humiliation.)

[Marginal Thinking @marginthinking]

@Rory_Johnston It was the WTI contract roll too right? Could last day short covering to avoid delivery be part of the story?

[Marginal Thinking @marginthinking]

@CRUDEOIL231 We just need $BAK to make it through unscathed and he’ll be back to dunk on most of Fintwit. He is only human; the urge will be too strong.

[Marginal Thinking @marginthinking]

@RobbieTroofinho @TankerTrackers I’m just suggesting Iran has no beef with Iraq and so no incentive to target their terminals. Absolutely agree they’ve demonstrated the ability to hit pretty much whatever they want

[Marginal Thinking @marginthinking]

@RobbieTroofinho @TankerTrackers They would not hit Iraq specifically; among the interior Gulf countries, Iraq has the best relationship with Iran and it’s not close.

If they were going to hit someone’s terminal, Bahrain / Kuwait would be the most likely, followed by Saudi / UAE, and Qatar last.

[Marginal Thinking @marginthinking]

@TXMCtrades “CPI ex-cost of living” is an absolute gem

[Dirty Texas Hedge @HedgeDirty]

Don't you dare call Firefly "obscure"

[Marginal Thinking @marginthinking]

@MauiBoyMacro @KobeissiLetter waiting for the detail of the adjustments

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

Let's check back in on the American middle-class...

[Marginal Thinking @marginthinking]

@willrayvalentin I’ll take the under on that October number ending up anywhere near what he posted

[Marginal Thinking @marginthinking]

@atmoio We don’t have anything like audited financials from Anthropic or Open AI right, so how could we know either way?

[Marginal Thinking @marginthinking]

@MenchOsint CENTCOM is becoming the master of the non-denial denial. The more obvious false claim in the IRGC statement is that US Navy vessels would ever consider approaching the Strait in the current phase of the war.