Rody

tech & finance | building @Sessqu_App

[Rody @rodymoore]

what a great ad..

[Grant @Grantblocmates]

Anthropic have just buried OpenAI and ChatGPT with this ad lmfao

There’s no coming back from that

[Rody @rodymoore]

@michaelxpettis If the size of the financial sector has been a primary cause of the unproductive allocation of capital, won’t financial repression/YCC (as seems inevitable) address that problem over time anyway?

[Rody @rodymoore]

@character_ai Even tyrants need a hug occasionally …

[Rody @rodymoore]

@Crypto_McKenna Unavoidable that as these systems become more complex we project ourselves onto them

[Rody @rodymoore]

@MacroMindCap Agreed. Think it means the opposite; hiking can continue now that the banks are shored up

[Rody @rodymoore]

@UrbanKaoboy @MacroMindCap @CMcgarraugh The entire equity market is pricing in a pivot

[Rody @rodymoore]

@twobitidiot There are legitimate reasons for not wanting a GSIB to acquire SVB. The focus should/will be on actions which more broadly shore up confidence in the smaller banks

[Rody @rodymoore]

@profplum99 You’re the first analyst/commentator to note that once management moved the securities to HTM, hedging was no longer an option. This is critical info that so many missed

[Rody @rodymoore]

@profplum99 Fantastic article Michael

[Rody @rodymoore]

@JohnWTrading @a16z Notable that they didn’t sign the letter that Accel, Redpoint et al distributed

[Rody @rodymoore]

@ProfessorStam Modern bank runs happen ridiculously fast. New (AI) monitoring mechanisms might be required to identify runs much earlier triggering throttling/pausing of withdrawals to protect depositor bases.

[Rody @rodymoore]

@JoshRosner @AP_Abacus @jerallaire @circle Fair. It did seem odd to claim that initiated but unprocessed wires would be honoured in priority over general depositors

[Rody @rodymoore]

@balajis @nic_carter Too simplistic. SVB’s treasury (mis)management in the face of Fed actions seems just as culpable

[Rody @rodymoore]

@Marco_mmabjj @INArteCarloDoss I agree with you. It’s just a shame that the good ones are affected by events like this.

[Rody @rodymoore]

@TMFScottP Cannot overstate what he’s achieved with the Dolphins given the limited time he’s had

[Rody @rodymoore]

@laurashin @hosseeb @CryptoHayes @tarunchitra @rleshner Great episode; @CryptoHayes is always entertaining. Just a shame this wasn’t recorded a day later and include discussion around the SVB implosion

[Rody @rodymoore]

@jillgun Yes. I think the problem for FTX international clients here is Bahamian regulators will let FTX continue trading until Bahamians get their funds out, and only then decide FTX is insolvent. They’ll force FTX into administration. Lots of fees for Bahamian accountants/lawyers

[Rody @rodymoore]

@digi_banc @placeybordeaux @trent_vanepps so that you can’t have more than one identity, but still effectively anonymous

[Rody @rodymoore]

@kyled116 Fine as long as ETH doesn’t get impatient and try running ahead