Business, finance, economics, politics. Credit & equities. Bottom-up beats top down. Optimist.
Joined May 2013
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- Following 1,428
- Followers 3,992
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2,592 Photos and videos
Pinned Tweet
26 Aug 2019
A short Brexit thread, exploring the little-reported support for Brexit from the upper middle classes.
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Xavier MacDuff retweeted
Hard for people who work in or around this stuff to conceive of, but most people in Britain do not give a fuck about AI, you may as well ask why aren’t the BBC writing about the latest update to Microsoft Excel
Britain losing access to Claude fable isn’t on the BBC or Times homepage, 4th on the guardian, 7th on the FT and below the fold on the Telegraph.
What are we doing here?
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Xavier MacDuff retweeted
Jun 13
UK retail investors spent £271m on SpaceX shares with 61% receiving their full subscription but applications for over £2,000 were scaled back, said broker Marex. SPCX soared 19% to $160.95 or $2.1tn valuation, making it 6th biggest US-listed company. londonstockexchange.com/news…
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Wait, what about Deepmind?
Jun 13
The reason the UK doesnt have a frontier AI is because it's run by socialists who are hostile to innovation
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Jun 12
Long $SAM.
Jun 12
Friend is over in Boston for the World Cup with her Scottish husband, and the Tartan Army 🏴 are drinking the city dry for it seems: "Pub owner talking to his staff: We don’t have enough beer, we’re running out. I need to order more.”
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Jun 12
@BenjiNaesen Not sure if this is worth a discussion on the pod, but for a sport reliant entirely on sponsorship, I'm surprised at how little we hear from many riders/teams after stages.
INEOS example today: Two rider crashes and all we have is a bland tweet in corporate speak.
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Jun 12
Sharp contrast with football world cup right now (awash with ticket, TV, and sponsorship revenue) where we get multiple player/manager interviews before and after each game.
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Jun 12
25% allocation for UK retail investors on the SpaceX IPO. $SPCX
Jun 12
They’ve only given me 25% of the order I placed last week
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Jun 12
Adding this here.
x.com/i/status/2065351772009…
AJ Bell 26% - 43% depending on order size, allocation curve not linear, as expected. (Different family members).
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Jun 11
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Xavier MacDuff retweeted
one under-discussed reason why, during a narrow boom, the “outsider” stocks can act strangely is that, even if you want to, you can’t ignore the boom. it consumes everything, uses up all the oxygen, influences everyone’s opinions. there’s simply not enough attention to go around.
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Jun 11
Given the Euro bond deal announced today, a thought experiment on CoreWeave:
The business looks like a stand-alone, AI-optimised, peer of Amazon Web Services or Google Cloud. Why won't it enjoy similar (attractive) economics over time?
$CRWV
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Xavier MacDuff retweeted
True, the childless are effectively free-riding families with kids.
We should finally address this massive societal loophole. Will single handedly fix the fertility crisis.
Jun 9
Soyons clairs : dans un système par répartition, les parents subventionnent la retraite des gens sans enfants.
La perte pour les parents de 3 enfants est de l’ordre de plus d’un million d’euros, soit une rente de 35k euros annuels à la retraite que les couples sans enfants peuvent se constituer en étant les passages clandestins du système.
En effet ce sont les enfants des autres, éduqués par le salaire des autres, qui payent leur retraite, pendant qu’ils mettent de côté..
Calcul de coin de table :
Coût brut 3 enfants (0-25 ans)
620 k€
Aides quotient familial
210 k€
Coût net pour les parents
410 k€
Si ce montant est placé en bourse
(14 k€/an, 30 ans, 5 % réel) :
Patrimoine supplémentaire à 64 ans 1,1 M€
Rente équivalente (4 %) 42 k€/an
Majoration retraite des parents 6 k€/an
Différentiel de rente net 35 k€/an
Hors perte de revenus de carrière :
le vrai écart dépasse 1,2 M€.
Les personnes sans enfants devraient avoir un accès plus limité à la répartition, puisqu’elles n’y contribuent qu’à moitié (la moitié cotisation pour les vieux actuels, mais pas la moitié avoir des enfants) et ont par ailleurs mécaniquement plus de moyens financiers pour se constituer une retraite par capitalisation.
Simple question d’équilibre du système et d’incitations rationnelles.
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Jun 10
This is obviously not a German account.
Prior to the World Cup it was focused entirely on Saudi football club Al-Nassr.
And it's tweeting in English as though written by an American.
Nice try though.
Community note
Freddy is German, per a photo he posted of his German Passport. He has also posted in German, and states he is from Hamburg
x.com/freddyla7/stat…
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Jun 10
For the Substack/Twitter investment analysts who do clickbait headlines but won't say what the company is unless you take out a paid subscription.
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Jun 10
The SNP, along with Sinn Fein in Northern Ireland, has had a policy of welcoming asylum seekers with open arms.
The public are unhappy at the outrageous violent incidents that have resulted.
Jun 10
The scenes we saw in Glasgow, Edinburgh and Ayr last night are unacceptable.
Scotland is a welcoming nation and those who choose to make their lives here are valued members of our communities.
Racism, hatred and intimidation have no place in Scotland. We must stand against it.
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Jun 9
I recall plenty of people tried it with Tesla on various occasions. I think I'm yet to see reports that people are running big shorts against AI in general.
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Jun 9
Four times covered is weak.
Jun 9
INVESTOR DEMAND FOR SPACEX IPO APPROACHES FOUR TIMES OVERSUBSCRIBED - SOURCES
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Jun 9
The Telegraph has the worst hard luck cases.
'Long ago, I realised that I had no passion for my job, and I only do it to afford life while my children grow up. I cannot see myself doing the same dreary London commute in 15 years’ time...'
Find out how our reader spends his money in a week as he chips away at his credit card debt 👇
telegraph.co.uk/money/consum…
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