Yes-Man

perpetuum mobile. L/S consumer

[Yes-Man @True_yes_man]

@FilmUpdates is this a fully AI show? my bet it is and therefore it will be a historic moment as it will be the first

[Yes-Man @True_yes_man]

@KobeissiLetter Let me tell you you this, the investment community knew about the diversion it was never really only a “suspicion”

[Yes-Man @True_yes_man]

@Hedgeye As a L/S equity analyst, Hedgeye fixed my biggest blind spots: 1) Stopped ignoring macro math for bottoms-up models. 2) Realized great retail stocks still get crushed in Quad 4. And 3) replaced emotional sizing with daily risk ranges.
Data > narrative.

[Yes-Man @True_yes_man]

@loadingdoselord lot of the difference can be explained by VAT. In Hungary, VAT is 27%. That implies $78.1 net price, which would be lower than the net price in the US. You are welcome.

[Yes-Man @True_yes_man]

@itsolelehmann @shomikghosh21 I wonder what is the non linear consequence in the food chain of artificially mass kill parasites that may be the food of something.

[Yes-Man @True_yes_man]

@JonasLis @Geo_papic I think it possibly have, but the surveys are only done on an annual basis and so it is masked by timing of survey.

[Yes-Man @True_yes_man]

@WaterworldCapi1 @FundamentEdge Psychology says that judgements are decisions and there are no decisions without emotions. Thus AI will never be able to make appropriate decisions (appropriate for you) unless you offload your own emotional profile to the AI… which is essentially offloading your biases too

[Yes-Man @True_yes_man]

@trengriffin Exactly. Dirty little secret of pods that they run market neutral which theoretically protect against systemic risk, yet they have strict stop loss discipline exactly because they themselves don’t believe that their own beta and factor hedging works on a go forward basis

[Yes-Man @True_yes_man]

@WaterworldCapi1 @akramsrazor Well, majority of people here are posting sensationalist takes to generate engagement and hence money, they are not professional investors, so I am not at all surprised

[Yes-Man @True_yes_man]

@orrdavid Where dem books?

[Yes-Man @True_yes_man]

@P_Remarks There is duration advantage, but you have to buy at the right price. If you buy a crowded long at ATH, then your are not only fucked but also an idiot. Having a (30-40%) drawdown when you bought (70%) below all time high with intact thesis, then you can have duration

[Yes-Man @True_yes_man]

@orrdavid Important thing is ex ante and then ex post factor analysis with explicitly stated thesis. Then if you got it right and factors were a tailwind… hey, who cares? Staples went up big time during Covid given broad inflation. Was it their pricing power? No, stocks went up still.

[Yes-Man @True_yes_man]

So yesterday's collapse could have been predicted by chart magic. Based on this 6 more days and ... BOOM.

[Yes-Man @True_yes_man]

Chart magic: Dow Jones in 1929 versus QQQ today. LOL! Are we heading to a great collapse? Probably not, but interesting chart showing some interesting similarities.

[Yes-Man @True_yes_man]

@MarioNawfal The faster you charge your battery theoretically the shorter its life cycle will be. Just sayin’

[Yes-Man @True_yes_man]

@CEOinterview What I am amazed by is that this guy built a career on spending 3.5 years with Julian. That is what it took to successfully raise a fund. Absolutely amazing. Who is today’s Julian Robertson?

[Yes-Man @True_yes_man]

@uncovered_alpha Well, it is obviously trivial that the more popular a strategy the less alpha it will have and other less popular strategies will have more alpha. Maybe this marks the dawn of long biases, intellectually honest SM PMs (as opposed to lazy tiger cubs)

[Yes-Man @True_yes_man]

@0xFaust12 @PythiaR Imagine that quant space will see multiple blow ups next year as more and more capital apes into that same strategy. And then Walleye will have to explain how they blew up in something they just doubled down on.

[Yes-Man @True_yes_man]

@MrFamilyOffice Continue working. Work gives structure and self-esteem.

[Yes-Man @True_yes_man]

@Larryjamieson_ So you think no positive change on this front until 2030? (Unless Pulte will step down or forced out earlier.)

[Yes-Man @True_yes_man]

@TSojitrawa5253 @moats_multiples Monopoly has rarely great pricing power? It is the complete opposite, hence regulation on monopolies.