Keith Dalrymple

@wolfejosh @SpencerGuard Nonsense.

My friend John Spencer @SpencerGuard with a brilliant military treatise on what happens next...

@celestialbe1ng Anglos have mastered the art of exclusion.

Pretty fascinating that in England the moment a person opens their mouth, you can read their entire life story. Where they went to school, what their family is like, their economic background, everything. A friend of mine says he literally can’t date in London anymore bc the second a girl speaks, there’s zero mystery. He already knows her postcode, her school and her dad’s job. It’s over before it starts. In Poland, none of that exists. People speak the same regardless of where they grew up, where they went to school, what they do for a living. A homeless man and a university professor can sound nearly identical. Nobody can tell that I basically grew up in London. Nobody can tell I haven’t lived here in years. There are no accent clues and no class markers, no education giveaways, nothing. So getting to know someone here is a completely different experience. You actually have to be curious. You have to ask and you have to discover a person the old-fashioned way bc nothing about the way they speak is going to hand you the answers. Pretty cool

Thanks!

@MihajlovicMike Given what is happening in the Middle East, the Europeans are either begging to be hit or taunting Moscow.

Recent intelligence reports indicate that the airspace of Poland, Lithuania, Latvia, and Estonia is being utilized to facilitate Ukrainian drone strikes targeting oil and gas infrastructure in the Leningrad Oblast. Additionally, there are indications that operational coordination for these attacks is occurring from Finnish territory. The scale and scope of these operations suggest a deep level of involvement by NATO countries, with little attempt to conceal participation. From a strategic perspective, this situation represents a significant escalation in the conflict, as it involves the active use of third-party airspace to strike critical Russian energy infrastructure. The involvement of multiple NATO states in facilitating or supporting these operations, even indirectly, raises the potential for broader geopolitical consequences. It also underscores the increasing role of unmanned aerial systems in modern warfare, particularly as tools for precision strikes that can bypass traditional frontlines. The implications for regional security are substantial. The use of NATO-controlled airspace for attacks on Russian territory may exacerbate tensions and increase the risk of miscalculation or unintended confrontation. At the same time, the attacks on energy infrastructure have the potential to create economic and logistical disruptions beyond the immediate theater of operations, affecting energy supply chains and regional markets. In this context, the conflict is no longer limited to conventional troop movements or localized engagements; it now includes complex, multi-domain operations involving coordination across international boundaries. The apparent lack of concealment regarding NATO’s role in supporting these drone operations highlights a shift toward a more overt form of strategic competition, with long-term implications for European security architecture and military doctrine.

@finphysnerd It would be foolish to send in the troops. They would be obliterated.

Trimmed a bit of exposure into this small bump and added some more hedges. Boots on the ground nearby is scary. I might miss a rip here, but I have no idea what is going to happen and I would much rather miss a bit of upside if it protects me from a big hit.

@FreightAlley Our tax dollars cruising

Ukrainian double brokers keeping the luxury market lit

@unusual_whales Nancy Pelosi eat your heart out!

BREAKING: Just five minutes before Trump's announcement to halt the attacks on Iran, massive trades reportedly hit the market. In one move, $1.5 billion in S&P 500 (ES) futures was bought while $192 million in oil (CL) futures was sold. These orders were 4–6x larger than anything else at the time. The trader seemingly made huge gains. Unusual.

@Hero_OfThe_Day Luka became one of my favorite atheletes when I read that Dallas traded him because he was seen around town smoking and drinking.

FULL INTERACTION— Luka Doncic tried to tell the refs about Goga multiple times in this game, then between free-throws he calmly explains to the refs what is going on, and they do NOTHING. The second he says something back, they tech him. Corruption 🗣️🗣️

@pavyg That's an outrage! At most, that should be a 1-3 month suspension, preferably including the off-season period.

Former Top 50 player Australian Marinko Matosevic has been banned for 4 years for anti doping violations. If only he had hired Jannik Sinners legal team.

@FreightAlley I'll bet that route will be shut down within 48 hours.

Economics always wins

@imetatronink I was looking for specific information in the war zone region last week. This is part of the bizarre response that I got from Gemini. Full on Orwellian.

Grok has become a zealous evangelist for the narrative canon being woven 'round the ongoing war in the Middle East. Grokelujah! A plague upon all who type the words "Grok, is this true?"

@orrdavid A vast oversimplification, to say the least.

It's completely fine - and I'll concede maybe even right - to be against this war. To think it's a bad bet, a net negative, etc. With that said: Remember who is rooting for the Iranian regime to win and stay in power. These are bad people. You do not want them in your life. Only caveat is that young people don't know anything, and often just say they believe random things with no real conviction. I am not talking about them, of course.

$RXO Tough week for the big three: Orbis Allan, MFN Partners and Finepoint. A collective ~$225M evaporated in the last few days.

$RXO short thesis in 2-minutes.

@Glenn_Diesen That is awkward....

Georgia's prime minister warns that the West is attempting to enact regime change in his country to open a second front in the proxy war against Russia. Either way, this quote by Kallas could also be said about the EU itself.

$WSC needs to refine its segment utilization reporting, IMO. Bundling cold storage, clearspan and others within existing segments likely obscures true fleet utilization, which large made up of units such as those below. These Modulease were likely 15-plus years old when acquired in 2022 by WSC and have not been re-rented since.

$WSC I think the company monetized real estate long ago with sales leaseback transactions with its then PE owner. Link in comments.

George Orwell, how to think clearly

@DonutShorts That's leverage!

Car loans, car parts, and now mortgages. There appears to be an epidemic of double pledging of collateral. Perhaps all those back office bank jobs that were purged in the name of efficiency served a purpose after all.