Hunter Gallagher

Who makes more money?

“We’re releasing our brand new state of the art app” which is basically nothing new and some recycled ideas, where there’s already 4 different versions of the same thing 🤦‍♂️

Everything you do has to be rockstar shit

“Most traders think their biggest battle is with the market. It’s not. It’s the battle insider your own head.” ^ if you believe this I am here to tell you that your biggest battle is the fact that you have no edge. Stop trying to be a “trader” and focus on your day job instead.

@ARizzo44 @Cubs @LurieChildrens Class act 10/10

The jersey I’ll be retiring in… signed by all the patients we have visited over the years who were battling cancer. @Cubs @LurieChildrens

Out-performance comes from discomfort. Let me show you an example. Below is a simulated 100-stock microcap portfolio after slippage. It is based on a ranking system I have built over the past 15 years. I have shown it to a few clients to gauge their interest. They like the CAGR but the conversation quickly goes like this... - We need to reduce the drawdowns (returns go down) - I want more well-known companies with better coverage (returns go down) - Liquidity is too low. I want this to be able to scale to to $500mm (uh...it works up to about $10mm tops) - Then get more liquid stocks (returns go down) - Add more positions (returns go down) - US headquartered companies only (returns go down) - I want to hold positions for 2-3 years (returns go down) Every decision above makes the client feel more comfortable. And neuters the portfolio returns. The solution? Learn to embrace discomfort. 🔹Know the difference between real risk (e.g. that this portfolio will drastically underperform in 10 years time) vs. what makes you feel queasy but historically and statistically has edge.

literally no one has been able to explain this to me.

Wrong answers only Who are these guys

@OverfitQuantit1 “Prices reflect all available information”

I'm not sure the $130k cost for an MBA at the University of Chicago is justified tbh

Starting my CFA 🤘

@hats4cars @DarthPuts @partners_road Basically a random walk

@DarthPuts @partners_road this actually makes you look even more foolish.

Crazy to see people posting their 1H returns only in percentages. Give us your Sharpe and Sortino. Gives us your alpha, not your beta.

It used to rally most Fridays 🧐

Gold getting crushed every Friday might also be end of week

@unusual_whales @grok is this true chat

Microsoft, $MSFT, CEO Satya Nadella said that "Microsoft makes money every time you use ChatGPT."

“You just bought high and sold low, and paid fees to do it”

yo bro I have a cool idea for an app ill give you 50% equity if you build everything and do all the work

@VolatilityQ All of that for Marshalls is crazy

Once you get more educated then it’s chill

If your new to trading I would 1000% not search for information online. You’ll probably get lost in the hype/bad info sector. Just read an intro to investments book from a college at this point so you know it’s a trusted source