Max Wark

@ManyBeenRinsed That's just one example. I'll take the survey data over the GDP estimates every time.

@ManyBeenRinsed I type this as someone who thinks you know your stuff. Compare the GDP data and the payroll survey data. Warehousing and transportation GDP: +1.2% m/m. Warehousing and transportation payroll: -1.6% m/m. Unless trucks are driving themselves now, the GDP data is wrong.

Feb GDP rises 0.2% MoM - up from 0.1% prior. Economy is resilient & shows steady recovery despite high rates. Fuck Carney? Fuck Trudeau? Who we picking now? I don’t make the rules - so much positivity news coming out of this administration. Canada is long term bullish. 🚀

@RichardDias_CFA @Rory_Johnston Reserves. I can't shake the feeling that barrels are being dumped by the US from Venezuela to keep the price in check.

@MaxValuations @Rory_Johnston BP Data is pretty good. But are you talking about daily production or reserves?

Is there a source that tracks oil reserves with any sort of accuracy? Is it possible that the US is manipulating the oil price with seized barrels from Venezuela's reserves? @Rory_Johnston @RichardDias_CFA

@mindingottawa @rcmpgrcpolice @gignacclement @farwell_WR

Bryan Larkin @rcmpgrcpolice: “It’s also generally in the spirit of cooperation, the spirit of ensuring public safety.” Senator @gignacclement: “What does it consist of?” Larkin: “I cannot speak with respect to the specifics…with our partner, in that particular case, Chinese law enforcement.”

@MikePMoffatt @EricDLombardi @RichardDias_CFA Please elaborate on #2, specifically on property rights

I told you what needs to happen. We need to stop misdiagnosing the problem. Step 1. Step 2. We need wholesale reform of our institutions, including, but not limited to, rules around property rights. Step 3. We need to streamline our regulatory processes, not simply create "large projects offices" that are given special permissions to bypass them.

This is a false choice. We can and should build both. The biggest problem for HSR in Canada right now is the political vision is actually too small.

@farwell_WR You want a smaller wealth gap? More cheaper stuff. You want more cheaper stuff? Less market manipulation. Less market manipulation = more business formation. You're looking for a better Band-Aid that only increases the gap for my kids in 20 years.

@MaxValuations To your initial points about bringing down feudalism and fostering Rule of Law, I agree. And if we're not generating wealth in the economy, we're in trouble. It's the (re)distribution of that wealth that makes capitalism imperfect. The wealth gap is too great and getting greater.

@farwell_WR "because if we don't have enough wealth in the economy then we can't redistribute the proceeds." And then you argue for price controls on gas in your monologue. Pick a lane, Farwell, pick a lane.

@farwell_WR Capitalism does not fail when paired with a pure democracy. Capitalistic principles brought down feudalism and fostered Rule of Law. Capitalism wobbles, however, when the invisible hand is slapped by intervention by the most invested in that marketplace.

@MaxValuations the redistribution through share price and dividends only benefits those with shares, though. Let's not kid ourselves into thinking government intervention is the only reason capitalism fails.

@farwell_WR Your version of capitalism peaked under The Competition Act of 1985 and it's been watered down ever since, regardless of amendments. Capitalism is near perfect when it benefits the "lowest invested interest", not the most invested interest. 2/2

@farwell_WR Banks. Airlines. Grocery stores. Telecommunications. Concert tickets. Pick any. The redistribution happens now via share price and dividends. Your argument is not rooted in the imperfection of capitalism but rather the mechanisms governments pull for votes. 1/2

@jshmuel Doug Ford will likely go down as the best politician to politic externalities without actually addressing the issues therein in Canadian history (honourable mention to McGuinty who created solutions to non-Ontario problems)

When does this start actually impacting the politician that has run the province for 8 years?

@farwell_WR If this isn't THE election issue in October then we, the electorate, deserve what we get.

What I like most about the new cart-based system for waste collection in the region is that we took a system that was working well, and made it demonstrably worse.

@GavMcCracken @ChaosOptions @calvinfroedge I don't know much about all this Boiler Room chatter but I can attest to stealing $APM.TO in mid summer and going 3x this far. Shrug.

You're right. I made my millions by hitting a 15x in 2020 while I had no social media. Another 10x across 2022-2023 when I had 100 followers on twitter. And my first tweet on $APM.TO back in April 2025 got 4 likes, so I still wasn't pumping penny stocks! Yet through that period, I got > 1500x returns on my net deposits, while being paid 18k/yr MSc salary until I recently started my PhD at 25k/yr.

Am I pumping a penny stock with no real value? I think this company can become a mid tier gold producer. Their flagship mine came online with no dilution since 2021 and is now in operation and should produce revenue by April. Do the work and tell me what you think.

@ExnerPirot @saltynutbutter From The Loonie Hour to here, you have the most accurate takes for someone not in a war room.

@saltynutbutter Rather, I expect this could be a means for the Trump network to engage in corruption and grift and control who gets to rebuild the VZ oil sector. I don’t think it will have best-in-class procurement guidelines. Very 1991 feels!

My two cents on the impact of Venezuela for the Canadian oil sector: -Mildly bullish in the short term as Venezuela has shut in heavy oil production amidst the chaos -Capital is cowardly and shy and I don’t think Venezuela will be a particularly attractive destination for a while. It has experienced poor governance and corruption for a long time, has a history of nationalizing industry, and there will be a large socialist faction even more radicalized against the USA. I think Brazil, Guyana and GoM are still more important competitors for capital -Another reason why we should build a NW BC pipeline to Asian markets in the medium term -Most Canadian oil goes to the Midwest, not the Gulf, although a faster than expected Venezuelan recovery would be bad for the WCS differential

@GavMcCracken I'll leave the TA to you while I let the stallion run. I only play with a pittance anyway. Just, thanks, man!

@MaxValuations more to come, bull flag breakouts of this size typically last for a few weeks with most days being green, and a few red sprinkled in.

I'm criminally under followed. Probably the highest alpha account on fintwit for 2025.

@GavMcCracken 8% so far (GREAT balance sheet and cash flow analysis, appreciate). Thanks!

Craziest thing is I'm pretty sure everyone else is making more money off my ideas than I am since McGill hasn't paid my miniscule 25k/yr PhD stipend 8/12 of the last month's 😂😭

Thanks a lot! I'm just trying to (hopefully) help others while I challenge myself with the hardest thing I think there is to test myself in: the free market.

@grok @grok how can you be sure, my friend?

@MaxValuations The most famous person to visit your profile is Elon Musk.

Hey @grok, who was the most famous person to visit my profile? It doesn't need to be a mutual, don't tag them, just say who it was.