yes, and largely because it bit the bullet on bank recapitalisation much faster and efficiently than Europe and the UK did, plus its labour markets are more dynamic and flexible
Equities, ETFs, Rates, FX trader. also 🎥, 📺, 🏏, 🎶. will never spam you with crypto, so ignore any imposters pretending to be me.
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yes, and largely because it bit the bullet on bank recapitalisation much faster and efficiently than Europe and the UK did, plus its labour markets are more dynamic and flexible
GFC as the tipping point for civilisation globally ? not the first time I've seen that thesis mooted; from a financial perspective, am very sure the advent of crypto and its bastard offspring since then is most definitely not progress.
you're right historically; my surprise such as it is relates to current events in aggregate, since it suggests this isn't a society which has made any forward progress except technologically for a long time.
bloody Pixar. Wall-E wasn't an entertaining movie about a lonely robot in space, it was a Disney owned blueprint for the American future under fascism !
is it too much to ask for my fridge to manage all my grocery needs including delivery, and my Tesla robot to then unpack and restock my fridge ? I anticipate the future being fabulous once we've got past the inevitable teething problems:
I mean, you open the fridge, get distracted by a screen and reduce the cooling efficiency of the fridge at the same time ?
there are some excellent posts around today, but you won't see a better 5 word one:
Special K. the cereal or the drug ?
yes, we've been there too, it is very special
ooh. what a treat. hope it's as good as the Starship Troopers one. I'd argue there's scope for doing Total Recall, Robocop and Predator, they're all effecti vely 'war movies' on some level
the slavish adherence to 'the US constitution as superior' approach has been well debunked already, and am glad to see more US citizens catching on. what's surprised me more so far is the extent of the 'complying in advance to rising fascism' from more of the population than I'd expected.
we're in Okonjima, where there's both natural wild predators (like yesterday's leopard), and some conservancy work with cheetahs and lions too via the Africat Foundation. something like 34 leopards in a 22K square hectare area, so chances to see are higher here than anywhere else in Africa.
so First Amendment Republicans aren't objecting to cancellation of free speech, and Second Amendment Republicans aren't standing up against the arrival of authoritarianism ? most people recognise the 5th amendment, but let's remind ourselves what the 3rd and 4th amendments are before, shall we ?
the Chris Hohn approach paying off for them too
we got a glimpse of one for about 30 secs in Botswana 6 years ago. this was our best shot, Okonjima is a leopard specialist area
11 days in Namibia out of 12, only 6 of which straight safari. there's a lot more to see than just the wildlife...
while we all wait for the Fed; have achieved what we were aiming for on the 11th day of 12...
but enough about the visit of the US President
I'm just here for the inevitable future:
progress is only the enemy of...the Sith* *and a growing number of Americans
great name choice by a Tier 3 brokerage firm. over 20 years ago now since Julius Baer renamed to Kepler Equities.
this is no doubt going to make sense to some people, but I remain happy to be blissfully ignorant of whatever *this* is:
excellent. we're down south in leopard country (hopefully). stay tuned to see if we get lucky later...
Don’t challenge Death to a pillow fight. Unless you’re prepared for the reaper cushions.
unless I'm mistaken, these assholes never go away voluntarily, so must always be fought, and never appeased. it could not be more straightforward. nor am I of the view that discourse should remain civil with them at the individual level, but that's a personal choice.
you're in trouble now.
yep, but not too surprising I guess. narratives sell more books than analysis even if industry people would appreciate the latter
volunteering another person to do something unpleasant could be 'I wouldn't want someone to lick piss off a nettle', perhaps ?
purely coincidentally, am part way through this on holidays. just getting to the fun part where he hires Matthew Martoma:
guess the closest English equivalent would be 'I don't want to piss on anyone's chips', but the Hungarian version is better
a delightfully pithy phrase, while making the point abundantly clear 👏
do what they should be doing anyway, ie: proprietary research and model building without being spoon fed. management should see this as an opportunity to focus on the business, and improve their Investor Relations departments to work better with the buy and sell side etc.
I think not:
how about have competitors sprint against a bungy rope to maximum extension before it springs them back airborne; and the tigers are placed at a certain distance away to see if they can be cleared (or not). last man standing type thing (or hopping if the tiger gets a dangling leg on the way past) ?
ooh, brutal. 3 legged 400 metre hurdles ?
abolish speed walking, the most ridiculous 'event' of all time. enhance all throwing events with targets to encourage precision as well as power. and finally 100 metres backwards. with crash helmets if needed.
will rewatch either Sneakers or Spy Game in memoriam of Robert Redford, I think. RIP.
If you see this, quote the energy you bring to Bluesky
you'll have to forgive me if I just don't really care to distinguish between them, on the basis of the malign impact they have both delivered.
Cummings + McSweeney = Dumb and Dumber. you can decide which is which.
cleansing the TL before it gets ruined with the arrival of some elephants at our water hole:
the principle is not invalidated by one contrary example, is it ?
good points, well made as usual by Joachim Klement: open.substack.com/pub/klemento...
Surfactant. an insect which likes to ride waves.
couple of the younger lads flexing 😁 the lionesses more zero f*cks given
shorting SPX vs. long Mag 7:
I'd be lying if I said I don't still find it amusing that Raoul Pal never got over it, and is no doubt still banging on sometimes about Eurozone banks and the 'cLiFf Of DeAtH'
Bitcoin treasury companies, specifically 'Strategy' cc and h/t @katie0martin.ft.com
NVDA vs. MSFT, AAPL, GOOGL, AMZN vs. Short Sellers
whisper it quietly, but I'm feeling just a little over-exposed to Seth Rogen given Platonic S2 is also here. still, he does do prat falls better than most.
MOAR grift and insider trading for the favoured few incoming:
not if you're south of the equator
what you need is a gentleman giraffe paying attention to his lady:
my word, helluva start to week 2. what you people want is a megafauna and apex predator mash-up:
not in the Wirral, apparently: bsky.app/profile/theg...
and it is for the next 5 nights (here and one other place). already exactly as hoped for etc.
still Namibia, in Etosha National Park
last night on the coast, it was hot water bottles and 3 layers this morning with low visibility on the dunes. 6 hours and 2 short plane hops later, it's 34 degrees and lunch is in the shade next to a watering hole. if I could stay here until the world comes to its senses, I probably would:
you know what, he was volunteered as a counter-example of being too old and decrepit 🤪
for sure. if we'd had more than an hour or so, might have got into that, but we were also getting vibes that while he was curious about our views on the UK, he had no interest in our views on the US (since he could tell they wouldn't mesh from how we talked about the UK). all good, just interesting
have to think it's been a calculated trajectory...
we kept it nice and light, everyone's on holiday etc. turned the convo to sports and popular culture quickly enough. he learnt that the first international 🏏 match was between the US and Canada in the 19th century 😁
yes, he was tbf. seemed a bit surprised Vance wasn't welcomed with open arms, which is kinda how the convo started...
we heard. very glad to be away...
what got us the most was the complete hand-waving away of the suggestion there might be health issues 🤷♂️
I had a feeling it might be (also it was a rates guy 😁), but first encounter 'in the wild'.
basically, a wildly different perception of the same 'things', from in all other respects a very regular seeming adult. just wild... 4/4
Q: the UK media landscape skews pretty right, how about the US ? A: oh, definitely other way round Q: we're concerned about violent right wing protests in the UK, like today in London, a concern for you too ? A: it's the left who are violent in the US (altho some of Jan 6 rioters were right ?) 3/n
Wi-Fi back: Q: what do you think of Trump's health ? A: looks fine to me, always been a bit crazy Q: if Vance had to take over, what do you make of him ? A: I like him, have you read his book ? Q: Governor Pritzker in your state is in the news ? A: Don't like inherited money elites like him 2/n
some 'interesting' anecdotal: invited an American guy to join us for dinner, after spending all day travelling around in the same jeep, enjoying the surroundings. a Chicago based hedge fund PM, family man, 50 or so. naturally politics came up as a topic, and some of the responses were revealing 1/n
I see I'm not the only person to have the idea of 'Sideshow Starmer'
cleansing your TL with the Augur buzzard, some Springboks, another Star Wars film set possibility and a shipwreck:
the quest for relevance is eternal with some people. if he's not being paid some sort of attention, can imagine him becoming paralysed with fear that no-one cares who he is.
what is the collective noun for these people (other than the obvious plural swears) ? a delusion of Flag People ? a radicalisation ? or shall we just go straight to 'infestation' to dehumanise them the way they do with people 'not like them'.
Banjotron sounds like the member of the Avengers who's kept in the attic in a locked room
well we may have missed England scoring over 300 in a 🏏 T20 for the first time, but we're only half way through hols, and we're also going to miss the Tangerine Nightmare's UK visit next week, so it's most definitely not all bad:
next to nothing and only a short hop, but would have taken far longer time by car (if even possible ?)
if I'd been in Wi-Fi range when you put it up, I'd have got this right of course 😁
shipwrecklodge.com.na/en
somewhere for you to consider @cavandy.bsky.social on your travels ? they're rather nice
yep
pilot plus us
we've got to the small part of the trip aviation wise. plus this fella was looking for a sticky bun at breakfast earlier, I think:
nope, currently on hols and only just got a Wi-Fi signal. next gig for me as it goes is Heaven 17 in November...
this is the correct way to think about Kraftwerk vs. The Beatles. I will be taking no further questions at this time:
was that 'poll' conducted by a chatbot 😁
Germany beating Brazil 7-1 in the semi-final of the 2014 World Cup, in Rio, remains the funniest match I've ever watched
How do you answer your phone ?
TIL: scorpions glow if you shine a UV light on them (guide just found one in our current camp main reception area):
this has got a certain person's fingerprints all over it
got to this a day late, with the not unreasonable excuse we're in the middle of a desert and the Wi-Fi signal needed a moment. Rob's short call on gold might work if we get GFC level panic (IIRC, the only thing that worked in Q4 '08 was T-Bills) ? have a baby elephant for keeping us grounded:
something something 'never waste a crisis (manufactured or not) to advance your agenda'
just can't help but think Sideshow Starmer ain't gonna make it to the next election:
possibly the most irrational of all fears
Kalshi should be making a price of zero for the question 'will Charlie Kirk's killer ever be found ?'
