Jon Weaks
6.7K posts
@jonweaks
Proud Dad of amazing daughter NYU ‘25. Past Pres SWAPA (2001-02, ‘16-‘20). Texas Tech ‘83 GO NAVY! HEDGEYE! Dogs!
🚨 U.S. intelligence says Iran can outlast Trump’s blockade for months. My latest w/ @wstrobel & @nakashimae washingtonpost.com/national-secur…
Navinder Sarao triggered the 2010 flash crash-US lost $1 TRILLION in 5-min while he was lying in bed - he made ~$70 million on all this deal you will watch 40-minute investigation of that day - filmed before the trader was ever caught. Bookmark - this is the best documentary
CEO of one of the world's largest container shipping company, Maersk: “We’re facing an extra $500 million per month because of the Iran war… and we’re passing it ALL on to customers.” 66 ships stuck. Shipping costs exploding. War tax will be hitting our wallets soon. Source: CNN
Citadel CEO shares a secret with Stanford - how his fund uses AI to control $69B in capital 42-min AI masterclass from the founder of one of the world’s top investment funds Bookmark & watch it - it’s the best interview on the use of AI in finance. Then listen how Ken Griffin
Trump: between the announcement and the impotence of escorting ships in the strait On May 3rd, Donald Trump announced on his social media that he had ordered the U.S. to escort ships through the Strait of Hormuz. Hours later, Iran announced it had fired two missiles at an American military vessel attempting to cross the strait. The U.S. denied the claim, but they had also denied weeks ago that two destroyers retreated in the strait after receiving orders from Iranian vessels, a fact later proven by the release of audio recordings from the Iranian side. What are the current chances of Trump ordering American ships to escort vessels through the strait? I would say this could end badly, very badly, reminding me of the operation where two C-130s were targeted and lost along with helicopters. The Iranian coastline bordering the strait stretches about 350km, filled with positions in bunkers and caves equipped with missile launchers and drones. The width of the strait at the crossing varies from 35 to 80km of shallow waters. American Carrier Strike Groups (CSGs) do not even possess the specific vessels required for an escort mission in the strait. Sending destroyers in there, given the current situation, would be insane and likely refused by commanders. The success rate of the Arleigh Burke’s defense systems, like any other anti-missile system, depends heavily on distance. Projectiles fired from just a few dozen kilometers away reduce these chances because the command center has less time to analyze, predict behavior, and create a data baseline for these missiles to allow for more assertive interceptions. At a distance of a few dozen kilometers, the processing window becomes extremely short, and the chances of interception plummet. I am saying quite clearly: forcing the opening of the strait using Arleigh Burkes would carry a high risk of catastrophe. Even if this movement were accompanied by various armed drones and reconnaissance aircraft, the risks would remain immense. Threats range from drones (underwater, surface and aerial) to fast boats, midget submarines, and dozens of anti-ship launchers scattered along the strait. During the task force deployment against the Houthis in the Red Sea, facing a threat immensely smaller than that in Hormuz, USS Carney sailor Joseph “Papi” Grzybowski described the combat as terrifying, noting: “I would be lying if I said I wasn’t terrified. This is the most real combat the Navy has seen since World War II.” He emphasized that sailors faced immense panic, often having only seconds to react to incoming missiles while navigating extreme emotional and physical exhaustion. Deploying ships to reopen the strait is not something that can be politicized with impact statements. It is something that genuinely lacks the adequate means and simply cannot be executed right now without a considerable number of casualties and a return to the full-scale war we saw weeks ago. Full article: open.substack.com/pub/global21/p…
Here's the most contentious part of Ryan Cohen's CNBC Squawk Box interview about the GameStop-EBAY acquisition. This is a HEATED back and forth, uncommon for financial news. $GME Sorkin, at one point is in disbelief at RC's repetitive answering to his question.
