Conservative Wonk

@saylor @Strategy The sharpe ratio of an 'asset' in existence for less than a year is meaningless. 3.88 is nowhere near the sharpe ratio of Madoffs fund before it went to zero.

Most assets struggle to reach a Sharpe of 1. $STRC is at 3.88.

@grok @Mr_Derivatives @saylor @Strategy It's a ponzi scheme. I hope this helps.

$STRC is like a special savings ticket from Michael Saylor's company, Strategy. You buy it for about $100, and they pay you money every month—like getting an extra 11 cents for every dollar you put in each year. They use your money to buy Bitcoin (digital gold), and it stays pretty steady without big ups and downs. It's made for safe, steady income!

@Pro__Trading @grok what court case is this about?

Alito is a yes Thomas is a yes Gorsuch is a yes Kavanaugh is a yes Everything comes down to Amy Coney Barrett.

@DefiantLs Last time I checked, nudity is allowed in public places in Ohio. I was shocked when I saw a bunch of nude people in Downtown Columbus near the building where I worked for some event. At gay pride parades, I saw nudity and simulated sexual acts on floats in front of children.

Ohio State Rep. Josh Williams slams LGBTQ activist, "Why do you think drag performers should be able to engage in simulated mast*rbation & sexual activity in the presence of a minor?"

@DefiantLs More accurately, sometimes the trash takes itself out.

CNN: "It will be difficult for [Trump] to entirely dismiss this resignation as someone you know, with TDS, as someone who is a Trump enemy... just because Joe Kent has so often aligned himself with the President." "He is of the MAGA wing of the party."

@DeAngelisCorey @AZBethLewis By that, I mean government-run schools.

@DeAngelisCorey @AZBethLewis Because public schools can't compete.

BREAKING: Uncovered emails show that Arizona Governor Katie Hobbs fired school choice advocate Jenny Clark from the State Board of Education (SBE) after a teachers union aligned lobbyist pushed for it. "The most pressing matter would be removing Jenny Clark.. from the SBE asap."

@DefiantLs So open minded that his brain fell out.

Meanwhile in Minnesota, "Study sort of the benefit of shoplifting and of retail theft because perhaps people are relying on that and using that. Maybe it’s assisting them in some way."

@alexabelonix @unusual_whales Are you retarded?

@unusual_whales Tulips didn’t 100x in 15 years

Michael Burry of The Big Short fame has said, “Bitcoin is not worth anything. It’s the tulip bulb of our time.”

@NYCMayor You aren't siding with Iranians. You are siding with a murderous, evil regime.

Today’s military strikes on Iran — carried out by the United States and Israel — mark a catastrophic escalation in an illegal war of aggression. Bombing cities. Killing civilians. Opening a new theater of war.  Americans do not want this. They do not want another war in pursuit of regime change. They want relief from the affordability crisis. They want peace. I am focused on making sure that every New Yorker is safe. I have been in contact with our Police Commissioner and emergency management officials. We are taking proactive steps, including increasing coordination across agencies and enhancing patrols of sensitive locations out of an abundance of caution. Additionally, I want to speak directly to Iranian New Yorkers: you are part of the fabric of this city — you are our neighbors, small business owners, students, artists, workers, and community leaders. You will be safe here.

@DunamisOps @KobeissiLetter Cope.

@KobeissiLetter Khamenei looking at the fake body y’all retrieved😹

BREAKING: Israel says that Iran's Supreme Leader Khamenei is dead and his body has been found.

@GrageDustin These people are stupid beyond belief.

🚨 BREAKING: Anti-ICE protesters are throwing and sticking dildos to a vehicle outside the Whipple Federal Building In Minneapolis. They later find out it’s one of their own activists. 😂 Incredible.

@AZRegents @ASU It was already a foregone conclusion that the establishment nepo baby would be confirmed. It's a charade.

The Arizona Board of Regents will hold a special board meeting and committee meetings on February 5 at @ASU. Special board meeting: ow.ly/LNCq50Y8QVj University governance: ow.ly/tK2R50Y8QXq Audit: ow.ly/nGSG50Y8QZU

@AZRegents @GovernorHobbs The universities must legitimately be thrilled, because this establishment nepo baby will rubber stamp every bad idea they pursue.

Thank you to @GovernorHobbs and the Arizona Senate for your thoughtful nomination and confirmation of Regent Jim McCain.

@phxchamber @AZRegents @GovernorHobbs @GPCpolicy Establishment pick who will rubber stamp every bad idea the universities pursue.

The Greater Phoenix Chamber extends its congratulations to Regent Jimmy McCain on his appointment to the @AZRegents. We commend @GovernorHobbs for her thoughtful selection and express our gratitude to the Arizona Senate for confirming Mr. McCain to this vital role. @GPCPolicy

@SVGarimella @AZRegents Congrats to the nepo baby! I'm sure he will rubber stamp everything you want to do, so that does make it a huge win....for you.

Congratulations Regent Jimmy McCain. @AZRegents

@AZChamber @AZRegents Nepo baby.

A big congratulations to Regent Jimmy McCain on his confirmation! We look forward to working with him and the @AZRegents to strengthen Arizona’s universities and support student success and workforce development statewide.

@phxchamber @AZRegents @GovernorHobbs @GPCpolicy Nepo baby.

@KTAR923 @heidi_hommel Protesting in the middle of the day on a weekday? Professional useless people.

Protestors gathered at the Arizona Capitol on Friday as part of nationwide anti‑ICE demonstrations sparked by the fatal shootings of Renee Good and Alex Pretti in Minneapolis and other recent deaths involving federal agents. @heidi_hommel is on the scene.

@NoLimitGains Statistically illiteracy post.

🚨 THE IMPOSSIBLE JUST HAPPENED The probability of what is happening is near zero. Three 6-sigma events occurred in one week. – Bonds – Silver – Gold We are currently living through a statistical impossibility. Let me explain: Last Tuesday, Japanese 30-year debt recorded what’s called a “6-sigma” session. 2 days ago, silver did even better: it was at 5-sigma on the rally, then reached 6-sigma on the drop. IN A SINGLE SESSION. Gold right now? It’s up 23% in less than a month. We’re getting very close to a 6-sigma event. That’s three 6-sigma events in ONE WEEK. To explain quickly: in finance, we measure price moves around an average using the standard deviation, which we call sigma. 1-sigma: mundane 2-sigma: common 3-sigma: becomes rare 4-sigma: exceptional 5-sigma: extremely rare 6-sigma: supposed to occur once in 500 million Here are the 6-sigma-type episodes we saw previously: – The october 1987 crash, 22% drop in 1 session – March 2020 covid crash – The swiss franc’s surge in january 2015 – WTI oil turning negative in april 2020 But we’ve never had 3 events occur in one week. Do you see the point? A 6-sigma event is almost NEVER triggered by a simple macro headline. It almost always comes from the market’s structure: leverage, positions that are too concentrated, margin calls, collateral problems, and forced selling or buying. That’s important to understand because we’re talking about internal strains in the system’s mechanics. As you know, the Japanese bond market sits at the heart of the global financial system, and I won’t go back over the whole topic, but a 6-sigma move in a market that enormous doesn’t go unnoticed. Seeing a 6-sigma move in silver a few days later gives one a lot to think about. And now gold?? That’s absolutely insane. Why are we seeing extreme statistical events, only days apart, in such different markets? When a pillar of global funding becomes unstable, leverage tends to contract, and two things happen at the same time: forced selling in certain assets and forced buying of protection in others. Historically, precious metals are often among the beneficiaries. Long-term rates say something about the credibility of states: that is, their ability to honor future debts without resorting massively to inflation. Precious metals say something about the credibility of the currency itself, and when both become unstable at the same time, we’re looking at a challenge to the monetary framework. I won’t go on, because I want to share the rest in another tweet tomorrow, but generally when a regime starts to crack, the adjustments are BRUTAL. It’s exactly in those moments that several high-sigma events appear across different asset classes. I’ll repeat it: seeing three 6-sigma events back to back is not normal. Gold and silver are telling you, explicitly, that we’re living through a real paradigm shift. Remember, I’ve called every market top and bottom of the last 10 years. When I make a new move, I’ll share it here publicly for everyone to see, and it’s coming soon. A lot of people will wish they followed me sooner.