philosopillar

Interested in Finance, Philosophy, and Ambiguity.

[philosopillar @philosopillar]

@bgurley @westcoastbill I could honestly see a world where a longer processing time is necessary to weed out an infinite army of fraud bots. It might not be a Visa in Mastercard, but “ intermediary” institutions like them will be necessary and well worth a 2% insurance fee.

[philosopillar @philosopillar]

@MebFaber I really don’t see how AI doesn’t benefit emerging markets more than the rest of the world, and I’m a relatively market efficient type so slightly overweight EM index funds relative to the rest.

[philosopillar @philosopillar]

@Ritholtz I don’t miss an episode, but this one is hard to listen to. @Ritholt pushing back a little on the Luddite views. I commend his patience. It wouldn’t be nice to hear Hillary‘s argument other than: billionaires are bad therefore philanthropy is bad.

[philosopillar @philosopillar]

@MichaelAArouet You can’t get a mortgage for stocks…

[philosopillar @philosopillar]

@AdrianDittmann 2025: $29.99 per month

[philosopillar @philosopillar]

@chamath Yes, specifically, killing the pipelines and telling oil companies they need a plan to be net zero. At the same time, Canada has a huge wealth of minerals, wind and sun; but, it’s impossible to invest in new green production due to “environmental” policies….

[philosopillar @philosopillar]

@Claudia_Sahm I get that gov does not need to pay its debt. But in the limit, it must be able to. I’m not saying we are close to that limit; however, that limit should be where the debate and research focuses on. Government unlimited power is why the debt is an asset, but nothing is unlimited.

[philosopillar @philosopillar]

@Ritholtz It works to build wealth for the long run if you’re Charlie Munger, RIP

[philosopillar @philosopillar]

@ronmortgageguy @OntarioMacro With enough corporations, buying houses prices could reset down to as corporations might be longer-term focussed on price and ROE for rentals. I just don’t think there’s enough evidence to suggest that private equity drives prices up.

[philosopillar @philosopillar]

@ronmortgageguy @OntarioMacro At some point, you might need investors to buy houses and convert to rentals for the market function.

[philosopillar @philosopillar]

@Ritholtz Ya, I’m only on C4 now but can see it. I guess to me it’s weird how this guy could get life in prison and GFC types that knew what they were doing keep their yachts.

[philosopillar @philosopillar]

@VivekGRamaswamy Lost more than half of America at 1….

[Ray Dalio @RayDalio]

I am pleased to be able to help PM Modi as he is a man whose time has come when India’s time has also come. He and India are in an analogous position to Deng Xiaoping and China in the early 1980s--i.e., at the brink of the fastest growth rates and biggest transformations in the world. Additionally, the challenges both between and within China and the US are putting PM Modi in a unique position to influence the complexion of the world order via influencing the non-aligned world 's dealings with these two leading world powers. I believe that Modi has what it takes to have the greatest impact on the largest number of people in the world at a time that the risks of harmful impact are greater than at any time in our lifetimes.

[philosopillar @philosopillar]

@Alberta_UCP @AdrianaLaGrange Ohhh fuck. Cut cut cut, slice and dice

[philosopillar @philosopillar]

@hebeipangzai Chinese @stevewilldoit

[philosopillar @philosopillar]

@hendry_hugh Others lick the honey while this trade wades in the pool beneath , like a leech.

[philosopillar @philosopillar]

@hendry_hugh would love to hear a Buddhist rebuttal on the certainty of this bond king.

[Bill Gross @real_bill_gross]

Historic yield curve inversion is due to belief that Fed will raise again then stay there for "some time" if CPI 2% target not visible. Best trade in my portfolio is to fade the Fed’s ability to outlast a recession. Instead at some point they may adjust 2% target to 3%. 1/2

[philosopillar @philosopillar]

@hendry_hugh high vol cash alternative