Bruce

[Bruce @pissantkant]

@HedgeDirty Market

[Bruce @pissantkant]

@InnocenceCapit1 @DynamicMoats @CorneliaLake Yes didn’t get the promotion. Followed Tosi to ABNB

[Bruce @pissantkant]

@amendandpretend Mid-level hiring market actually very robust right now and firms give you the door with runway on the team page so easy to pretend you’re not fired just looking for something different

[Bruce @pissantkant]

@puppyeh1 @pussyisalive That’s going to be very difficult. The US’s first strike has demonstrated they cannot be trusted to negotiate in good faith and the counterparties are very motivated not to deal.

["Online Rent-a-Sage" Bret Devereaux @BretDevereaux]

Going to go out on a limb and guess that the fact that the new Supreme Leader of Iran is a guy whose father, wife and one of his sons were killed a week ago in the US/Israeli airstrikes...gonna guess that is going to make a negotiated settlement more challenging.

[Bruce @pissantkant]

@moritzplassnig Very high customer lock-in / switching costs and limited incremental costs for new sales. If AI changes those, which is possible, gross margins will come down.

[Bruce @pissantkant]

@jay_21_ SMB owners all push personal expenses through their business so they don’t pay any taxes. The wealthy / big corporates find or lobby for loopholes but the rules don’t even really apply to SMBs.

[Bruce @pissantkant]

@IdleLightkeeper Recs? Currently have Chieftains on non-stop

[Bruce @pissantkant]

@RagingVentures This tech is fast approaching (Anduril has an AUV product), but if true, it’s in the admin’s interest to explain this to the American people to generate popular support - and I would find it persuasive. That they haven’t done so tells me this is not part of their calculus.

[Bruce @pissantkant]

@sagharborcap Clocktower and one if by land, two if by sea

[Bruce @pissantkant]

@liensofnewyork To be fair, mid-level ppt warriors at banks are probably +90th percentile workers in the US. This also doesn’t account for outliers, and immigrants are heavily overweight new business starts vs. born citizens - both SMBs and VC-backed cos.

[Bruce @pissantkant]

@gabriel1 Probably not what you want but this was a professional athlete’s diet

https://t.co/OfLFGyEb5j

[Bruce @pissantkant]

@MattZeitlin You’re charisma starved

[Bruce @pissantkant]

@rev_cap Yes I’m saying him and Chamath are “captured”

[Bruce @pissantkant]

@rev_cap Sacks and Chamath have been pushing for rate cuts in line with the admin ever since Trump assumed office?

[Bruce @pissantkant]

@MattZeitlin Stephen Graham erasure

[Bruce @pissantkant]

@mitchellluns @DeepDishEnjoyer Quantitative easing never led to inflation (or reduced dollar value) because the money the fed printed just sat on bank balance sheets rather than getting circulated into the economy (due to to regulations and lack of attractive risk adjusted lending opportunities).

[Bruce @pissantkant]

@pitdesi Have you tried Rowdy Rooster?

https://t.co/e3kkW36wtd

[Bruce @pissantkant]

@TheStalwart @dopamine_uptake No money from tariffs - budget deficit not going down.

[Bruce @pissantkant]

Capital gains

[Sam Ro 📈 @SamRo]

“I go to the gym a lot.” - Powell

[Bruce @pissantkant]

@liensofnewyork Mortgage spreads blew out because no one wanted to own MBS with expectation everyone refis after rates come down into the 2023 recession. Direction of rates also matter - we were supposed to be in a cutting cycle and now real yields spiking