Ramnath Botta

Hedge Fund PM, Ex-Goldman trader. Here to learn #Markets #Politics #News

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

"I don't know" often gets you fired on Wall Street.

Kudos to JPM commodities team $USO from @HFI_Research

[Ramnath Botta @ramnath_botta]

@FundamentEdge Can really resonate with this, Brett. I struggled with the same problem, and what worked for me was creating a Saturday morning ritual. I go to my favourite coffee shop and write down everything work-related that’s on my mind. It really helps declutter the mind

[Eliant Capital @eliant_capital]

“Sir, the 10Y is back to 4.7%, we can’t attack this weekend”

[Tim Isgro @TimIsgro]

Joel Greenblatt from The Little Book That Beats The Market: you must do it yourself.

[Trung Phan @TrungTPhan]

Warren Buffett on the Lehman Brothers 2008 bankruptcy is the most Buffett story ever:

- He was vacationing in Alberta
- Lehman contacted his assistant for help
- Buffett said “send me a fax and how much”
- The fax never came but they left him a voicemail (he only found it one year later because he didn’t really use his flip phone)

Buffett probably would have said “no” anyways because Lehman asked him for help 6 months earlier in March 2008.

At the time, he printed out Lehman’s previous year 200-page annual report, marked it up with a pen and realized it was a steaming pile of doo doo and passed.

***

Full vid from 2018 (10th anniversary of Lehman): https://t.co/xStyXP6yPc

[Kevin Gee @kevg1412]

"The amount of work you need to do is inversely related to your success."

- George Soros doing the absolute minimum necessary to reach a decision

[Ramnath Botta @ramnath_botta]

This one resurfaces every time China rallies 😃

[pedma @pedma7]

interviewer: "you're a hedge fund, how do you manage your risk, what's the counter that you put on just in case?"

Tepper: "you know what, I am sitting here in a suit, my counter bet is I don't care."

one of us.

[Trung Phan @TrungTPhan]

Charlie Munger on Singapore and why he thinks Lee Kuan Yew is history’s greatest nation builder (he kept a bust of LKY in his home):

“He had the best record as a nation-builder if you were willing to count small nations in that group…He took over a malarial swamp with no army, no nothing. And pretty soon he turned that into this gloriously prosperous place and his method for doing it was so simple.

The mantra he said over and over was very simple: he said, ‘figure out what works and do it.’

Now, that sounds obvious. Like, anybody would know that made sense but you know most people don't do that. They don't work that hard at figuring out what works and what doesn't. He everlastingly did.

He was a very smart man and he had a lot of good ideas. He absolutely took over a malarial swamp and turned it into modern Singapore and in his own lifetime. […]

There was hardly anything he touched he didn't improve. Just time after time, he would do something [like set up healthcare or pension saving systems] that recognized reality and worked way better than other people did.

There are very few people like Lee Kuan Yew that have ever lived.

So, of course I admire him. I have a bust of Lee Kuan Yew in my house. That’s how much I admire him.”

[Market RebellionHQ @RebellioMarket]

This Man Lost $4 Billions, His wife, but comeback worth : 9.3 Billions --Bill Ackman

[Shayne Coplan 🦅 @shayne_coplan]

It's surreal just how big Polymarket has gotten

[Raz @RazOlsRF]

The greatest forehand in tennis history belongs to Roger Federer 🎾

[ₕₐₘₚₜₒₙ @hamptonism]

One more rep,
One more lap,
One more call,
Go one more.

[Trendulkar @Trendulkar]

Mumbai monsoon is a vibe as long as you don’t have to step out of the house ⛈️

[David Senra @FoundersPodcast]

Ken Griffin made $30 billion from this:

[Ramnath Botta @ramnath_botta]

🫡 🐐

[The Kobeissi Letter @KobeissiLetter]

Warren Buffett receives a standing ovation from a sold-out arena as he announces he will be stepping down from CEO at Berkshire Hathaway.

Buffett has been CEO for 55 years, making him the longest-serving CEO of any S&P 500 company.

Truly incredible.

[Ramnath Botta @ramnath_botta]

@sandipsabharwal More like FPI inflows / lower oil
and broader dollar weakness I think

[Barchart @Barchart]

If you bought European Stocks in 2000, you finally broke even after 25 years 🥳🍾🫂 and now you're praying that you didn't double top 🙏

[Trung Phan @TrungTPhan]

incredible Fed content in r/WallStreetBets rn

[Koyfin @KoyfinCharts]

Stanley Druckenmiller's last Investor Letter to LPs in 2010.

"The joy of winning for clients is immense, for me the disappointment of each interim drawdown over the years has taken a cumulative toll that I cannot continue to sustain".

Legend.

[Ramnath Botta @ramnath_botta]

Crazy wild!

[Walter Ego @ItsWalterEgo]

Look at this guy.

By 39, he made $20M from poker, crypto, restaurants. Traveled to 79 countries.

Now? At 42, he’s broke.
He hides behind fake name on X.

This is my story, and what I learned losing everything (so you don’t have to):

// A brutally honest THREAD 🧵