Roy Keane on Turkey losing 2-0 to Australia national soccer team in their World Cup opener: 🗣️ “I don't want to hear excuses. Before the match, everyone was talking about Turkey as if the three points were already in the bag. Well, football doesn't care about predictions. Australia looked like a team playing for their lives. Turkey looked like a team waiting for something to happen. That's the difference. One side competed, the other side expected. What annoys me most is the attitude. You can forgive mistakes. You can forgive missed chances. But you cannot forgive a lack of urgency at a World Cup. Australia won the physical battle, the mental battle, and in key moments they won the football battle too. That's embarrassing if you're Turkey because they were supposed to be the team making the statement tonight. Some players will look at the tactics, some will blame luck, and some will point fingers elsewhere. Nonsense. Start by looking in the mirror. World Cups are not won by talent alone. The harsh reality is this: Australia arrived believing they could win. Turkey arrived believing they should win. One mindset creates history. The other creates headlines like this.”

“I think overall this is a strong number, but you’re not seeing the market really spike because I do think that inflation component is that really important driver in today’s environment,” USB Global Wealth Management’s Leslie Falconio says on May’s jobs report.

Congrats to Stasi and thanks for doing a good job as the Commissioner of Education!

SpaceX IPO -- are you going for it?

Robinhood insider Meyer Malka has been loading up, purchasing more than $35,000,000 worth in shares over the past 2 weeks The stock currently sits roughly 40% below its highs 👀 $HOOD

That matters because reading Volume Bars in isolation can lead to bad calls. A spike in volume might look meaningful on its own, but without context, you’re missing what’s really happening in the market.

Trading can be highly stressful. That’s why taking care of your nervous system is not optional… it’s part of high performance! If your mind is overloaded, or constantly overstimulated - your decision-making becomes more emotional - Clarity disappears - Focus fades - Discipline weakens and you become more reactive! There are many tools traders use to reset their state: • Box breathing 📥📤(not really my thing 😅) • Ice baths🧊🧊🧊🧊🧊 (LOVE them) • Pulsetto - a device I recently discovered to stimulate the vagus nerve and I find phenomenal. But nothing beats spending a day in nature with good friends! Sailing on the Zugersee 🇨🇭. Good company. Good food . Good wine.🍾 It's truly one of the best thing you can do for your trading performance… to sometimes step away from the charts, turn off your phones (except for taking photos 😃) and enjoy the company of interesting people, soak in the sunshine and completely chill out with @usxau

Ex-WorldQuant Head of Data Strategy Matt Ober on why quants don't care about the stock market, & why prediction markets become a new asset class. Matt Ober (Ex-Chief Data Scientist @ Third Point | Ex-Head of Data Strategy @ WorldQuant | Now GP @ Social Leverage) "Nobody actually really cared about the stock market. I bet if you asked people there when Nvidia was reporting, nobody had a clue." We cover: - The WorldQuant thesis: out-consume the world on data, out-manage the world on money - How a Chico State grad found the job on Craigslist — then walked into a room of PhDs - Revere, the alt-data goldmine only quants understood - Tracking CEOs' private jets to front-run M&A - WorldQuant's factory vs Third Point's fine-art boardroom - Selling data science to analysts who thought it was a joke - Why you sell beta, not alpha — alpha erodes, beta is sticky - The "degenerate economy," and why he can't hire interns anymore - Prediction markets as the next asset class — bigger than options and futures - The only edge left in an AI world: your network Thanks a ton @obermattj for coming on the pod! Highlights: (00:00) Intro (01:18) The WorldQuant thesis - more data, more money (02:00) Building the alt-data stack (03:00) Revere - the dataset only quants understood (04:50) A finance major among PhDs (09:40) Trading datasets like stocks (10:30) Why quants don't watch the market (12:30) WorldQuant Ventures is born (16:30) Factory vs. boardroom (18:30) Data's wild west at Third Point (23:15) Tracking private jets to front-run M&A (24:20) Igor vs. Dan & the power of network (32:10) The degenerate economy (36:25) Patience & outworking everyone (38:55) Alpha vs. beta, markets & careers (46:10) Somebody's gotta sell (51:20) Prediction markets, the new asset class (53:30) The DoorDash earnings call (56:35) Going mainstream (01:03:10) The single source of all edge

US AND IRAN REACH DEAL BUT NEED TRUMP'S FINAL APPROVAL: AXIOS