5 investor archetypes right now:
a) Gen Z buying unprofitable shitcos on margin and they’re up +42,690% YTD so you can’t tell them anything to change their mind and thinking they’re Druckenmiller
b) Gold boomers polishing rocks and building more bomb shelters for the eventual return of Christ while calling for their 7th recession in 5 years
c) Index NPC’s fattening BlackRock’s fee machine while beating 95% of active managers
d) Credit junkies chasing “risk-free” yield in private credit while being led by KKR and friends to the slaughter
e) Crypto bros watching the BTC minute chart while talking about being a long term investor
And every single one of them thinks they’re the smartest guy in the room
@billycarpy In addition to the harder to sell comments, he slows down transitions and that doesn’t fit the style of play we are evolving to. He’s a solid player, but the system may have outgrown him, and can’t understand why he’s not being sold.
This 👇🏻describes what kinds of degrees/background, and personality traits SIG hires for from Todd, the trader of traders himself. Short read if you are an aspiring trader!