Andrew

@cbusrick @Chartfest1 Why on earth would you be short semis here? At least wait for a tiny bit of technical deterioration? You’re fighting the tape way too hard

@Chartfest1 If you’re shorting semis, don’t get out now. Not sure we’ll see much selling until May starts, but a good round of profit taking and some rotation should be upon us soon.

In 2000 the SOX nearly doubled in the final six weeks from late January to early March.

@indexnforgetit @ewstevenson Wait until you find out about opportunity cost!

@ewstevenson Wait until you find out about the ROI of renting...

Wait until he finds out how expensive it is to rent and not build equity through ownership...

@kevinxu This is only true if your wealth is totally illiquid

There’s almost no real lifestyle change between $1M and $10M net worth.

@GavMcCracken @MarkMcGrathCFP @iceco666 Cool fake chart bro!

@MarkMcGrathCFP @iceco666 Things arent going my way in life? Bitch, this just my TFSA. I can't hear you over the sound of my 3.8x CAGR. While pulling this off I published 5 academic papers, started up two companies, skied/toured 73 different mountains in NA and started a substack making >1mil revenue/yr

You can pry my RRSP and TFSA from my cold dead hands

@PM_Andy2 @TenuredRadical @AlecMacGillis Given their self reported skill sets, other organizations should be in a bidding war for their services right? Right? These people were the ultimate grifters

@TenuredRadical @AlecMacGillis It is funny because anyone who's actually worth $250k would normally walk into any new job, this shows she was ripping off the system and looks to be worth less than $20 an hour.

"Sheryl Cowan, 57, was making $272,000 a year as a senior VP at a U.S.A.I.D.-funded nonprofit when she was let go at the end of March 2025. Last month she had an online interview for a $19-an-hour job managing a Penzeys Spices store in Falls Church, Va." nytimes.com/2026/04/21/us/…

@thegrandegotist @Noahpinion He understands that Marxism is retarded

@Noahpinion Guy who 'writes about economics' pretends to not understand Marx, more at 11

How the fuck does Whole Foods steal from you

@JaEsf @DailyMail The mayor did it to Ken griffin so I guess you feel that was bad too?

@DailyMail I disagree with her on shoplifting etc but showing up outside someone's home is still bad. I subscribe to the philosophy of Obama, M: when they go low we go high

Woke author who boasted about shoplifting from Whole Foods flies into foul-mouthed RAGE when confronted outside her $2.2m Brooklyn brownstone trib.al/nWrPRRh

@RareP7000 @Afinetheorem @DKThomp Did you miss the part about war deaths being at an all time low?

@Afinetheorem @DKThomp That’s a really intelligent point. I no longer care about getting bogged down in another long war in the Middle East because Waymo.

New newsletter: HOW THE 2020s BROKE OUR BRAINS It's the Tragic Twenties, and Americans can't stop feeling like hot garbage. - The UMich consumer sentiment survey is now at its lowest rate on record - The Fed's job satisfaction survey is at its lowest rate on record - Both the General Social Survey and the World Happiness Survey have found that happiness in the US plunged in 2020 and has since been mired at levels significantly below previous decades You shouldn't assume that your favorite pet issue is the main culprit here. Conservatives might point to cultural changes, like the decline of marriage and religiosity, but those have been going on for decades. The left might reach for wage inequality, but that has actually narrowed in the last six years. This can't even primarily be about phones, since what's most clear in the data set is something that changed this decade, not last decade. I spent a long time reading, talking to people, and doing my own research, and I think the most parsimonious explanation I can provide is this: The Pandemic Never Ended. This thesis has three parts. TPNE 1: The biological antagonist of COVID gave way to the economic antagonist of inflation, and after decades of coming to rely on lowflation and meager wage growth for low-income workers, price levels have increased 3x faster this decade than in the previous 40 years, and economists simply have to accept that inflation makes people angrier than it used to. This isn't even a strictly American phenomenon. Around the world, incumbents have lost power faster than any post-WWII period, as affordability concerns bludgeon their electorate. The few countries where happiness levels have increased in the western world in the last 6 years have had some of the lowest levels of inflation. TPNE 2: Institutions down, individualism up: The 2020s have seen trust plummet for practically every institution, along with growing distrust in strangers, and rising alone time and at-home time. At best, community offers a buffer in times of crisis. But today, the absence of community—and the triumph of a tech-enabled, hyper-introverted atomism—makes every crisis feel more existential and unsolvable. And that's a problem bc... TPNE 3: The 2020s have been the permacrisis crisis decade. It's really been one fucking thing after another, hasn't it? Pandemic, inflation, interest rates, Ukraine, Gaza, Iran, AI. Meanwhile, phones give us constant contact with both the scary news cycle and the panic-inducing fears and anxieties of the commentariat. Inflation makes today's life feel harder to live. The news cycle makes tomorrow's world scarier to live through. And the post-pandemic decline of institutions and acceleration of toxic individualism weakens our socio-emotional immune system to deal with all of it. TLDR: The pandemic never ended, and it's left us with the Tragic Twenties.

@ramit @CallMeGillette @SaraEisen @NYCMayor Dealing only in absolutes is the domain of idiots

@CallMeGillette @SaraEisen @NYCMayor I don't agree with a one-time wealth tax, but that does not answer my question (in fact, pointing to only 6 people proves my point): If taxes were the primary factor in determining where wealthy people live, why would any wealthy people live in NYC or CA?

Ken Griffin employs thousands of people in NYC and is planning to build the tallest office tower on Park Ave., investing billions more and creating thousands more jobs. (For that reason, he’s also here in NYC a lot, @NYCMayor) Meantime Miami is welcoming him and his firm, with the massive jobs, investment and tax revenue he’s bringing. Making him feel unwelcome and demonizing him seems risky. Ken left Chicago and moved Citadel hq to Miami a few years ago because of bad policy. (He also sold his penthouse there)

@ramit @SaraEisen @NYCMayor Troll

@SaraEisen @NYCMayor Sara, when you were young, did you ever imagine you would grow up to publicly agonize over the comfort of billionaires instead of millions of poor and middle-class Americans?

@Underthecosh1 @RyanDetrick Why should we remove the companies driving this? How does that help?

@RyanDetrick Now remove the handful of names driving the estimates. Sometimes you gotta dig beneath the surface.

Stocks are somewhat pricey based on history, but not as much as they were at the start of the year. Oh, and EPS and profit margin 12-month estimates have gone vertical. That is why stocks are back to new highs.

@John_Hempton @StanphylCap Never short a dull market is a pretty old saying right?

@StanphylCap actually it is bullish. the euphoric top usually has high volume.

Today $SPY set a new all-time closing high on around HALF its average volume. That doesn't seem bullish to a stock market dinosaur like me. (These days I feel like Lou Mannheim in "Wall Street," a movie that was filmed 40 years ago when I was Charlie Sheen's age, lol.)

@Machew_Pierre @romanhelmetguy You’re one of the dudes he’s talking about. Have you ever spoken with a woman?

@romanhelmetguy The simple answer: Having infinite male attention from 18-28 is way more fun than having children. That's it. Everything else is cope.

I’m convinced that all these guys who come up with proposals to “fix the fertility rate” have never talked to a woman. They treat it like an economics problem they can optimize, or even worse they just tell women to have kids to “save civilization.” If you actually spend time with women who aren’t having kids, you’ll find they almost all fall into one of five buckets: 1. Dating problems. They were in some 5+ year relationship (or a series of relationships) that stole their youth and left them so jaded that they’ve given up on finding a man who could be a good father. 2. Family problems. They come from such a dysfunctional home that their own childhood holds few happy memories, and they’re terrified of recreating those conditions with their own children. 3. Health problems. A ton more women than you think have conditions like endometriosis or PCOS or other health complications that can affect fertility and make having kids more dangerous or harder to do. 4. Career goals. They’re convinced that they have something huge and unique to contribute to the world either professionally or creatively, whereas “every woman can have a kid,” and so to them, having children sounds like a waste of their potential, like giving up. 5. Lifestyle goals. They’re really into traveling and being independent and getting into “adventures,” they want to explore the world and experience everything, and the idea of giving all that up to sit at home and raise kids makes them want to die. If you really want to fix the fertility rate, and you’re not addressing at least a few of these, your solution is useless.

@MarkMcGrathCFP Hopefully it works out well and you don’t have to move every couple of years

Your kids won't care if you rented or owned. They'll care that you were there.

@DearS_o_n Quit fucking around

Pitch me your best advice in 3 words

@leadlagreport Dude….

Maybe I was off by a week

@Invest420 @kylascan @nytimes Ask her if she’s short the market. If not, the article isn’t credible

This young person does an excellent job of assessing the current situation we face. Kudos to @nytimes for sharing the perspective of @kylascan nytimes.com/2026/04/18/opi…

@kylascan Are you short the market as Tyler would say? If not then you don’t really believe your own argument

Why is the stock market shrugging off... everything? Well, maybe it's betting that AI will save it and that the government won't let AI fail. Call it the AI put. My new piece in NYT Opinion about the market's reliance on getting rescued: nytimes.com/2026/04/18/opi…

@Noahpinion Cause we’re a bunch of gigantic pussies?

Why did our society bounce back so much more quickly from the Spanish Flu than we did from Covid??

@PeterBerezinBCA Still targeting 3,600 on the S&P500?

There is a risk that the S&P 500 will rise less than 2% on Monday if Iran continues to keep the Strait closed.