Noah

OKC

[Cole Jaczko @colejaczko]

This was the beauty of my quarter-life crisis. In the same month I:
1. got dumped by gf of 6 years
2. got a $225,000 private equity bonus, realizing money didn't make me happy
3. grandma passed away

It felt like it all came crashing down. Then, I came across this beautiful Mexican proverb:

"sometimes you think you have been buried, but actually you have just been planted"

That's the beauty of rock bottom. When you lose the things you clung to most, you actually become free.

Nothing else to lose, nowhere else to go...that becomes your only focus

F*ck it, we gotta build it all back up anyways...let's just shoot from the stars and see how good this thing goes

Most never reach the stars nor see how good it can go bc they're too afraid to give up the things that weigh them down

[Francis @ghostof_francis]

how it feels to tell her "all my money is tied up in assets liquidity is low right now" instead of "I'm broke"

[CryptoCondom @crypto_condom]

@rahmbotrades @ShaleTier7 I’d lead a prayer service too if I used that kind of leverage. There are no atheists on 20x leverage

[rahmbo @rahmbotrades]

Stop comparing Leopold Aschenbrenner to Bill Hwang...

Hwang is the GOAT of degenerates and Leopold is a sheep compared to him

Did you know that Hwang turned $200M to $36B and it was ALL personal capital?

This guy literally led prayer circles in the conference room before trading days started

He had $160B stock exposure on just $36B of capital

His blowup happened in two days and he literally caused the collapse of one of the most prestigious investment banks

Banks lost a total of $10B combined because of his collapse

Leopold is nothing compared to Bill

[Phil Trubey @PTrubey]

Citadel is not the bad guy in this story.

When you are investing billions and make 20x returns in 2 years, you attract the notice of all the hedge funds. It was obvious to everyone that Leopold had to be using excessive leverage to get those returns.

Taking out a player who doesn't have enough liquidity to cover leverage and manage a downturn is so common on Wall Street, it's one of their basic tools to enhance their own returns.

No, the person who should be blamed for Leopold's implosion is Leopold himself.

Hedge funds do use *some* leverage themselves, but boy do they analyze the snot out of those positions to ensure what happened to Leopold doesn't happen to them. Leopold either didn't do that basic analysis or got it comically wrong.

Players like Citadel actually *help* the market by taking out the yahoos who end up causing excessive market volatility through leverage. If you know you could get pounced on by the likes of Citadel, then you won't put yourself in a position to be pounced on and thus won't cause undue market volatility.

[Dividend Hero @HeroDividend]

@unusual_whales

[Leopold Stock Tracker @LeopoldTracker_]

🚨🚨 Did Citadel just rug pull Leopold?

July 28: Citadel "predicted" a surprise Fed rate hike, which historically tanks the market

July 29: Market sells off. Situational Awareness gets margin called. Fed left rates unchanged

July 30: Citadel acquires Leopold's entire portfolio

Same day, Leopold's holdings rally 15% to 29%

• $NBIS: +29%
• $BE: +25%
• $SNDK: +22%
• $IREN: +24%
• $CRWV: +24%
• $SKHY: +15%

Absolutely wild sequence of events

[vincenzo @alargemike]

This loan sales guy found my highschool football tape on Youtube and thought talking shit would get me to refinance my house.

Honestly respect.

[maya 🦭 @mayaisfiya]

today i went out to lunch with my dad and his friends and before ordering they walked around looking at what everyone else in the restaurant was eating so they could make an informed decision

[Scott Barclay @BarclayCard18]

Haha, Djokovic pretending the ballgirl accidentally cut him with the pair of scissors. The panic on her face! 😭

[Your Best Version @YourPrimePath]

Stop being a loser. Get up early. Make your bed. Go train. Eat clean. Do your laundry. Pay every bill on time. Save till it hurts, then save more. Pick a craft and get obsessed. Pick a person to become and start acting like them today. Care more than everyone around you. Push till you break, then get back up. Knowing when to quit isn't weakness, it's strategy. Stand up straight. Speak up. Go all in. Smile anyway. Life is short and then it's gone. Misery is a choice. You're not the first to suffer and you won't be the last. Someone with less than you made it. So will you. Nobody's special. Everybody is. Keep moving.

[Digi @digiii]

“they will tell you it’s all over, it’s important you don’t believe them”

[jo johnson @josbjohnson]

there's a man inside you that you killed to get here. the one who would have been content. who could have taken the smaller life and called it enough and meant it. you had to kill him to become this, and you had to, but don't pretend it was free. every serious life is built on a quiet grave. the thing about ambition no one says out loud is that it's also a kind of mourning - you are always burying the easier man you could have been, and the better you get the more of him there is to bury.

[Damian Player @damianplayer]

Steve Jobs, note to self in 2005.

"You can't plan to meet the people who will change your life."

synchronicity and the readiness of time...

[Gregory Blotnick @gregoryblotnick]

"Tiger Cub Investment Framework" -- taught by John Griffin in his Security Analysis class at Darden & CBS decades ago

[Joseph 🕊️ @CaudilloXIV]

I’m sorry son that you haven’t been born yet because your bitch mom has me blocked on instagram

[Dear Men. @Dea_rMen]

Most men stay stuck waiting for perfect conditions. Winners do it ugly, scared, and imperfect. Then they improve along the way.

[Carlos That Notices Things @QuetzalPhoenix]

Muscles only grow when you rest, after having stressed them during exercise.

Wisdom is the same. You can only grow wise once you cringe, having stressed your mind by being retarded.

[birdbath @birdbath]

Always keep cash and a blade or blunt object on you. I was walking home one night and a guy on a bmx bike asked if I wanted to buy it. He requested a mere $10. I knew he stole it, but I had spraypaint at my house so I took him up on the deal. Then he inquired where he could get crack. It was 3 am but I knew just the place, so I directed him there whilst doing bunny hops and riding lazily on the back pegs. Then the crack dealer asked me about the bike and offered me $20 for it. Never accept the first offer. I told him i had it for years and was really sentimental about it, the guy who sold it to me earlier didn't utter a word because I already flashed the boxcutter I keep in my crewsocks when I went to grab the $10 earlier for him. We eventually settled on a trade of 3 grams of meth for it. I tell you this because I want you to remember that the whole world doesn't exist behind a screen, but rather with people who actually who go outside with an open mind. You always have to be ready to kill people though

[The Shift Journal @TheShiftJournal]

“The rebirth you’re looking for is in the death you’re avoiding” DAMN