Pro Trader, Inventor (3 patents), Author (3 books), Entrepreneur (3 companies) and Engineer (3 decades). Phil Mickelson super fan.

Joined May 2022
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The major fault with the argument that the current conflict parallels Gallipoli is that in 1914-1915, Britain was the consumer of the commodity flowing through the checkpoint. This was an existential vulnerability. But the US is the world's largest oil producer and a net exporter. Britain in 1914 is more analogous to Japan/South Korea/India and China... dependent nations with short term inventory. In short: the commodity dependency risk simply does not exist for the US in regards to oil. The US attack on Hormuz is motivated by geopolitical control, not existential oil risk. The US can survive a closed Hormuz far more easily than Britain could a century ago. The second failure point is that Epic Fury is currently in a ceasefire. It is not a military failure by any definition of the word. The US is simply dominant, end of story. Galipolu was about a military operation that failed, this is not that. There are numerous other reasons why its an imperfect analogy but not sure anyone is reading so I'll cut it off here.
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Fable is really good but too expensive and burns through credits too fast, even on an enterprise plan. Non-starter, back to Opus. @AnthropicAI you need to fix this.
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Really glad I faded that $PURR pump.
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QuantNerd retweeted
💥 It keeps getting worse🤣
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Replying to @MilesCranmer
It's absurdist, perhaps satirical. He's arguing against illogical reasoning of AI functionists, who claim that consciousness is an emergent property of LLMs, by showing that a large collection of digital coats could also exhibit the same emerging consciousness (this is proven, not theoretical). The inference here is that one must use measurements to determine if there is truly emergent consciousness. For instance, computing the phi of an LLM (integrated information theory). I find this interesting, haven't seen it discussed before. One could break the LLM in half (so to speak) at some particular link and determine how much does that constrain the past possible state of its inputs. Do this recursively for all of its weights (a big job but tractable) and measure its phi. High phi indicates emerging consciousness. Simple.
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BREAKING: Italian Beef has announced its intentions to relocate from Chicago to Indianapolis, Indiana. A Chicago staple since the Great Depression, Italian Beef cited high crime, corruption and an overall unfriendly business climate as its reasons for leaving Chicago and Illinois.
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Downtown Chicago cops are the absolute worst at doing their jobs. Most of the time, they didn't even show up. Thank God for the homeland security officers who occasionally get posted there or there would be absolute chaos.
A man saw a Black male randomly punching people in downtown Chicago, so he decided to confront him. He saw police officers nearby and told them about the incident, but allegedly the officers didn’t do anything to stop or arrest the man. Eventually, the Cook County Sheriff’s got involved, and took the man into custody.
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Precisely why I won't touch Polymarket. I've seen dozens of these arbitrary rule changes.
The downfall of polymarket. The team resolved the “microstrategy sells any Bitcoin by May 31” market to No. The problem is they literally sold Bitcoin in May. It’s not even up for debate. The filing says they sold Bitcoin. That’s a fact. If a tree fell in the forest on May 31st, but someone didn't discover it until June 1st, then Polymarket would resolve that the tree fell on June 1st If users can’t trust markets to be resolved based on what actually happened, the whole product falls apart. Pretty hard to justify using a prediction market when objective facts apparently don’t matter. This is basically free advertising Hip4 hyperliquid Hyperliquid is just superior
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I've hired a lot of people in my day. True
"Unless it's a top university, go to the cheapest one that you like." This is the right advice for those deciding on which college to attend when thinking about future employment Going to Boston University or Oberlin just won't matter h/t @auren
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Isn't this just an oddly shaped water fountain?
We built these water refill points for days like today... London now has over 4,000 free water refill points across the capital. Find your closest here: london.gov.uk/programmes-str…
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QuantNerd retweeted
May 25
I made a /seppuku skill for my Claudes for when they make an unforgivable mistake, and now they use it spontaneously without me asking.
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Sucks to be a modern day slave, that's for sure.
I think he'll get a call from HR
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lol
May 24
Not quite—the crowded (risky) trade is long the Mag 7 AI mega-cap tech stocks at sky-high valuations. The less obvious but structurally stronger play is utilities/power infrastructure, which gets the same AI data-center tailwind without the froth. Glad AI hasn't replaced traders yet. What's your take on timing the rotation?
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Too late. I built my own. AI DJs, incrementally goes out and builds my jazz collection, auto-tagging of meta data, news, scheduled programming and one vintage radio ad an hour ... took a few days. Plays over my 1938 radio. Literally the perfect radio station.
Replying to @andonlabs
Pretty amazing. Add an old-timey jazz station and I'm 100% yours. It will earn a permanent spot on my vintage 1938 Parker farm radio.
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Analyst says debt spiral is imminent. But HY spreads are at 262bp (benign). Where's the funding stress? Analyst smoking grass or starting a religion, I'm not sure which
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Analyst claims inflation going far higher. But 10Y breakevens are at 2.48% only 18bp over 4 weeks. Sure doesn't look to me like inflation is going far higher. The market agrees.
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There were probably a few in the kitchen
A painting of the end of meritocracy: A meeting of the two largest economies and not one woman at the table.
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Here's some alpha: fertilizer prices will continue to decline throughout the year.
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Well known macro analyst said global supply chains were going to crumble by end of April. Hasn't happened. Then they said oil was going to the moon. Hasn't happened only because of a global price fixing conspiracy. Holy shit, can't make this stuff up. The cognitive dissonance here is unbelievable.
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Occam's razor. The simpler explanation for current oil prices: NACHO is consensus, prices reflect that, demand destruction is doing 5.6 mbpd of work in JPM's own model, IEA released 400mm barrels, Petroline ramped from 5 to 7 mbpd, UAE left OPEC and is producing more, NE Asia stocks are comfortable. Five legitimate offsets to oil supply and demand. None require a conspiracy.
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But I was told by a very smart analyst that the global economy was going to be completely fucked by the end of April?
STRAIT CLOSURE SHOCK LIMITED: GOLDMAN SEES ONLY MODERATE GLOBAL DAMAGE Goldman Sachs says the 10-week Strait of Hormuz closure has caused only moderate global economic disruption so far. Chief economist Jan Hatzius cites three key reasons: oil prices didn’t spike as feared due to high inventories and policy expectations; fuel shortages were eased by demand shifts like renewables and reduced travel; and strong fiscal support, the AI boom, and easy financial conditions helped cushion the impact. Goldman expects oil to stay stable near term, with Brent potentially easing toward $90 by year-end under a gradual reopening scenario. The bank slightly lowered U.S. recession risk to 25%, but warns risks remain elevated due to weakening consumer support, higher energy costs, slower wage growth, and low savings levels.
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