William Jackson

Likes math. Markets, memes & machinations.

[William Jackson @williamjackson]

@BRICSinfo I’m getting tired of these reruns

[William Jackson @williamjackson]

A minimum of $0 means you’re doing income-based repayment. That’s why (for the vast majority of people doing IBR)the balance now is probably a lot more than was taken out. You need to make a goal of when you want this thing paid off and find out what your monthly payment has to be in order to get there in the given time. Many online calculators that can do this. I did the following in 10 seconds. I assumed you have an 8% rate and want to be done in 10 years.

[William Jackson @williamjackson]

@petitedj Vibe coded in <2 minutes lol

[William Jackson @williamjackson]

@omgsidewalks Value creators

[William Jackson @williamjackson]

@_1dontavius

[William Jackson @williamjackson]

@greg16676935420 If you have a bar of gold and it’s worth $4,000 on Monday, then ok Tuesday the price of gold goes down and that bar is now worth $3,000, the bar didn’t lose any gold, but the price other people will pay for it went down.

[William Jackson @williamjackson]

@toyinomotoso Think it’d be pretty funny if it just recognized it from some other source and spat out what other people said about it. Wait…

[William Jackson @williamjackson]

@Tekeee You’ll be a simple machine for the rest of your life and be happy

[William Jackson @williamjackson]

@Polymarket They needed a study for this?

[William Jackson @williamjackson]

Assignments are just done by AI models. When they graduate, the companies employing them will realize that they aren’t technical in the slightest nor have any actual skill. In effect, companies see college grads the same as high school grads except far more expensive to employ. Demand for them drops along with wage premium, reducing the incentive for people to go to college. But we’ll all have universal high income so none of that matters 🫠

[William Jackson @williamjackson]

@sama One of your biggest competitors spawned from your inability to tell the truth lol

[William Jackson @williamjackson]

@PhyByte @elonmusk @sama With a policy to only hire SpaceX engineers

[William Jackson @williamjackson]

@dagmar_johnson @elonmusk @sama Case was lost because of statute of limitations. An open and shut case otherwise

[William Jackson @williamjackson]

@Jacobtmueller @thogge I thought it was great. Giving it a second read.

[William Jackson @williamjackson]

@nicochristie Or 100 beds in LA

[William Jackson @williamjackson]

@ColoradosMark @unusual_whales Ba dum tss

[William Jackson @williamjackson]

@ColoradosMark @unusual_whales So that’s how the thumbs down button works

[William Jackson @williamjackson]

@unusual_whales Called this.

The rule was never about investor protection. It was an arbitrary paywall. It confused account size with competence.

That was always lazy regulation.

Huge win for retail.

[William Jackson @williamjackson]

@jimmmyro And tests with Lockdown Browser

[William Jackson @williamjackson]

Having to buy puts to lock in the gains I made on calls because of the FINRA pattern day trading rule is an unnecessary step that infringes on traders' ability to make their own decisions.

FINRA, as a regulatory authority, ought to be in the business of issuing licenses and regulating the people they are awarded to. This kind of overstepping and abstract requirement of $25,000 in portfolio value is a rule intended to increase the profit margins of brokerages disguised as a tool to help the public.

Hedging, in the way I described, also generates commissions for these brokerages. It not only drains liquidity from the market; it limits people's freedom to trade as they please.

If brokerages have their own rules or requirements, I'd be on board with that.

FINRA maintaining this broad power is not what the fundamental purpose of the authority is.

Retail traders have enough to worry about.