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@PrometheusCHT

CIO & Founder | Equities + Macro + Vol. Critical Rationalism. Complexity. Humanism. Bold conjectures, conditionally held. 🇦🇺 🇬🇧 🇬🇷 🇮🇱 🌻🦁🌞 🏉 🥊 🏊

London, England Katılım Aralık 2021
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CHT
CHT@PrometheusCHT·
Advocating for: Humanism, universalism, liberty, free inquiry, reason, rationalism, open society, secularism, pluralism, truth-seeking and science. Supporting: the Enlightenment, the West, Israel and Iranian freedom. Arguing against all tyrannies of mind & state: Islamism, fanaticism, totalitarianism, pseudoscience, Marxism, intersectionalism, historicism, scientism, and all dogma that fears criticism.
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Josh Wolfe
Josh Wolfe@wolfejosh·
A quick article on the inevitability and superiority of CAPITALISM always and everywhere once you realize free choice and free preference and diversity of both lead to EXCHANGE ...which give us PRICES ...which gives us INFORMATION ...which gives us SURPLUS ...which gives MORE...
Josh Wolfe@wolfejosh

x.com/i/article/2055…

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CHT@PrometheusCHT·
How come Democrats don't seem to ask whether enemies of the West want an unelectable Democratic party? How come reason does not guide them?
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Armin Navabi
Armin Navabi@ArminNavabi·
🚨 URGENT: The Islamic Republic is now broadcasting gun training on State TV! The regime is actively instructing pro-regime civilians on how to use firearms, laying the groundwork to arm loyalists to shoot and suppress anti-regime Iranians in the event of an uprising. This unprecedented and desperate move reveals two critical pieces of intelligence about the regime's current mindset, based on internal data they possess that we don't: 1. They believe an uprising is imminent. The regime’s actions telegraph their internal intelligence. By rushing to publicly prepare and arm loyalist civilians, they are showing their hand: they fear a major uprising is rapidly approaching. 2. Their official forces are severely weakened. The regime no longer believes it can suppress a massive revolt using its official security apparatus alone. Following the severe damage to their military and suppression capabilities from recent events, including Operation Epic Fury and sustained strikes by the US and Israel, their infrastructure is fractured. If you were wondering whether recent military and economic pressure actually damaged the regime's ability to crack down on its own people, here is your answer. Going on national television to publicly encourage civilians to take up arms against their neighbors is a glaring act of desperation. It proves the Islamic Republic knows it is currently too weak to survive the next wave of protests with its traditional forces. Please share to spread awareness. The world needs to understand exactly what the regime is preparing for and just how fragile their hold on power has become.
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The View From Mars (unplugged)
@PrometheusCHT @ProfHall1955 Not just hedge funds any financial investment. No matter how you look at it it's gambling sold as legitimate. Someone has to lose. It's a shell game and it's crooked. Finance can't create $ the $ come from us so it's redistribution…
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Steve Hall
Steve Hall@ProfHall1955·
You always get this 'looking after pensioners' nonsense in defence of hedge funds. In fact 90% of American retirees, of which 81% receive private pensions, also require social security. Most pension payouts are tiny, so this 'do better' means virtually nothing to retired workers. The hedge fund gamblers use clients' funds mainly as a collateral cushion - they leverage in (borrow cheaply) $3 for every $1. Investment targets are selected solely for high returns. They line their pockets, nothing else matters.
Entropy🌻Chase@EntropyChase

@tonyannett Yeah, helping pension funds do better is worthless! Someone needs to alert the media! 🤣🤣🤣

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CHT
CHT@PrometheusCHT·
Advocating for: Humanism, universalism, liberty, free inquiry, reason, rationalism, open society, secularism, pluralism, truth-seeking and science. Supporting: the Enlightenment, the West, Israel and Iranian freedom. Arguing against all tyrannies of mind & state: Islamism, fanaticism, totalitarianism, pseudoscience, Marxism, intersectionalism, historicism, scientism, and all dogma that fears criticism.
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CHT@PrometheusCHT·
@Tallow_beach I wasn't thinking or referring to that aspect. Indeed.
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.@Tallow_beach·
@PrometheusCHT Antisemtiism isn't politics. We know what he is
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CHT@PrometheusCHT·
@pablomelito1 @ProfHall1955 Perhaps a fair criticism of high frequency front running, but have you considered the counterfactual where there is no participant warehousing risk in the risk transfer? It's Chesterton's fence, whether you find it morally revolting or not.
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The View From Mars (unplugged)
@ProfHall1955 Hedge funds produce less than nothing. They skim profit off the top, losers pay winners. Every $, £ etc. comes from us so they are extraction schemes that actually redistribute wealth upwards…
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CHT@PrometheusCHT·
@ProfHall1955 This is very much an example of not having enough knowledge to assess your lack of knowledge.
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Alexandra Lavoie
Alexandra Lavoie@ThevoiceAlexa·
“I will behead you one by one,” says a young islamist outside East London Mosque! @visegrad24 founder Stefan Tompson is surrounded in Whitechapel, England, after being recognized by members of the Muslim community.
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Jeremy
Jeremy@JeremyWS·
Great week for the core rates view… 2027 dates across the world leading the sell off… and fed hikes finally part of the debate We got to ~4.60 10y and 96.00 SFRZ7 much quicker than anticipated. ER u6u7u8 fly up at 27 and GBP rates immolated (but for very different reasons!!)
Jeremy tweet mediaJeremy tweet media
Jeremy@JeremyWS

Global Rates Outlook #5: Price V Quantity & a New Era For Central Banking. Scenario based Fwd guidance & G10 responds to the Iran war more with Price than they do Quantity. And an attempt to argue the bullish case for the UK economy?? Yeh.. jwsmacro.substack.com/p/global-rates…

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Cullen Roche
Cullen Roche@cullenroche·
There’s always a valuable lesson and a positive takeaway in every fund collapse. I’m no volatility expert, and I hope someone does a thorough autopsy of what happened, but here are my immediate takeaways: 1) Tail risk hedging is really, really hard. There’s a reason the classic 60/40 stock/bond portfolio remains the most popular allocation in the world: the 40% in bonds is still the simplest, most reliable positively asymmetric long-term hedge most investors can implement. It’s not perfect, but it’s “good enough” for the vast majority of people who just want durable diversification without needing to be geniuses. 2) Shorting (and short vol strategies) is also really, really hard. You’re fighting the long-term upward drift of markets, dealing with asymmetric payoffs that require big moves to pay off, and battling time decay plus carrying costs. What looks elegant on a backtest becomes brutally difficult in live markets. At the end of the day, the clearest lesson is this: investing is hard. You don't need to make it harder. If you decide to actively trade, time the market, or run sophisticated strategies, understand that you’re voluntarily making an already difficult game even tougher. You might capture more upside along the way, but the margin for error shrinks. I hope everyone finds some positivity in all of this.
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where_is_hardo
where_is_hardo@where_is_hardo·
It’s been a ride, Jpow, a wild, wild ride
where_is_hardo tweet mediawhere_is_hardo tweet media
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David Turver
David Turver@7Kiwi·
Banning fracking and drilling in the North Sea is probably an even worse decision than Germany's closure of its nuclear power plants. Energy suicide.
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Joumanna Nasr Bercetche
Joumanna Nasr Bercetche@JoumannaTV·
NEW 🚩🚩: UAE building another pipeline (that would bypass the Strait) The UAE is building a NEW west-east pipeline project, which will double Adnoc’s export capacity through Fujairah, Abu Dhabi Media Office reports. Pipeline is currently under construction and is expected to become operational in 2027
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