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The Shanghai Composite tanked 3% today. But tickers with same last two digits surged. Everyone is scratching his head. Maybe because today’s date is 11-22. Just like U2 used to sing — “She moves in mysterious ways”. The Chinese A shares are full of myths and mystics. $FXI $KWEB…
Jim Simons told us everything needed to be an algo trader (MIT lecture)
Bridge with Buffett An excellent piece by Ed Thorp
Flashback to the time Kamala Harris claimed she told her mother that she wanted "fweedom" when she was a child at a civil rights march but the entire story was plagiarized from MLK.
Imagine 4 years of this …
VP: "I am Kamala Harris, my pronouns are she and her, and I am a woman sitting at the table wearing a blue suit."
A scary statistics: Since 2000, 56% of all residential property sales in China happened after 2015, and 38% of them occured after 2018. With second-hand property prices falling to 2018 levels, it means that nearly 40% of homeowners may be going underwater on their mortgages.
"Perfection is impossible. In the 1,526 singles matches I played in my career, I won almost 80% of those matches. But what percentage of points did I win? 54% In other words, even top ranked tennis players win barely more than half the points they play. When you lose ever…
Newborn twins very first meeting with one another❤❤
The best advice Warren Buffett gave at this weekend’s Berkshire conference had nothing to do with investing.
Want to be in the top 1% in the United States? You now need a net worth of a whopping $5.8 MILLION. This is up 15% from the $5.0 million threshold seen just one year ago. The top 1% threshold in the US is only lower than Monaco, Luxembourg, and Switzerland. As equity markets…
Paris, FR - one of my favorite solo shows ever. My very first show in France, and we sure made up for lost time. I was playing with this vicarious excitement knowing every song was a first for the audience, and it was a blast from beginning to end. I ♥️ Paris.
In 1922, a team of scientists visited Toronto General Hospital, where wards housed numerous diabetic children. Many of these children were in a comatose state and on the brink of death due to diabetic ketoacidosis. As a result of the amount of deaths, scientists moved swiftly…
JENSEN HUANG: “Resilience matters in success. I don’t know how to teach it to you, except for: I hope suffering happens to you .. because .. greatness comes from character. And character isn’t formed out of smart people. It’s formed out of people who suffered.” $NVDA @ValaAfshar
Some of the records broken by Erik ten Hag: - Manchester United hadn't lost 13 games by Christmas since 1930, until Erik Ten Hag. - Manchester United hadn't gone 4 games in a row without scoring since 1992, until Erik Ten Hag. - Manchester United hadn't finished bottom of…
Why Warren Buffett owns American oil companies ($OXY) and Japanese commodity trading houses (the sogo shosha) — in his own words: berkshirehathaway.com/letters/2023lt…
If history is any indication, the current tech bubble still has room left to run according to Bank of America chief strategist Michael Hartnett
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch themarket.ch/english/jim-bi…
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