Samuel Rines

As a metric, I actually don't hate this

My one takeaway: initial focus is on direction of monetary policy in a Warsh Fed, BUT what we're really looking at is the end of the Fed's volatility dampening effect. Instead, CB policy is going to start amplifying vol through at least year end.

Our first baseball game ever. Houston Astros vs Detroit Tigers. New sport unlocked.

Look, I'm not a super smart guy... But I'm having a hard time with this. $STRC pays an 11.5% dividend yield. That yield, as far as I'm concerned, comes from: • Bitcoin's appreciation • The ability to issue $MSTR equity • The ability to issue $STRC preferred equity But $MSTR is sitting on an unrealized loss of ~$11Bn. $MSTR stock is down -78.4% from its highs in Nov.'24, but it's also down -37.7% in the past 6 months and -70.3% in the past year. In other words, the first two options are off the table. Which only leaves the third option as viable... But then the ability of the asset to pay an 11.5% yield is based on the ability to issue more of that same asset? Explain this to me like I'm 8 years old. Please.

The travel group with Buc-ee🦫

Dinner from Buc-ee’s at 1am😋

Japan invented nearly every tool central banks now reach for. Zero rates → 1999 QE → 2001 Yield curve control → 2016 Its debt is now ~240% of GDP. Double the US. Japan's reckoning is unfolding right now — and America is walking the same path, a decade behind. Here's my take 👇

Trash seats for first NYC home game of Knicks v. Spurs are $5,000 and up. Cheaper to fly to lovely San Antonio, get a nice hotel and a swanky dinner and then hit the game (and its still stupid expensive) Who can make that meme graphic with the dude looking over his shoulder at the NBA finals while holding hands with the World Cup?

Casino Royale or Skyfall, which Daniel Craig Bond is better?