Jake @EconomPic
An optimist who assumes everyone is full of shit or lazy. Smart because he forgets. Fuck everyone against sensible gun reform. 👨👩👦👦👶🏻🐶🍔🍺🏀⚾️📊🤘 econompic.com East Bay via NY via PSU via NJ Joined February 2009-
Tweets95K
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Followers39K
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Following538
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Jake retweeted
A fake business and perfect validation that we are right to kick their asses out
A fake business and perfect validation that we are right to kick their asses out
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Haven’t hedged
Jake retweeted
Have you ever seen a worse 401k match?
Jake retweeted
As a Columbia student, I was curious what, specifically, students are protesting. Apparently, it’s because Columbia’s endowment invests in broader market ETFs and big tech stocks. Every American with a retirement account is invested in big tech. Most of these kids’ parents are…
There can't be more than 5% of market participants that would want this to happen coindesk.com/markets/2024/0…
Hot take... thought was high rates (that followed record low rates) are inflationary / stimulus for older / wealthier (locked in low rates, high interest on savings) and deflationary for younger / poorer (investment is expensive for companies to add supply, new mortgages, etc...)
Hot take... thought was high rates (that followed record low rates) are inflationary / stimulus for older / wealthier (locked in low rates, high interest on savings) and deflationary for younger / poorer (investment is expensive for companies to add supply, new mortgages, etc...)
FWIW I am Joey in this... If I had to bet, I'd bet rates will be cut this year. I also have zero duration exposure right now so I'd rather not make that bet.
FWIW I am Joey in this... If I had to bet, I'd bet rates will be cut this year. I also have zero duration exposure right now so I'd rather not make that bet.
Jake retweeted
In America, young people are economically...doing fine. Higher incomes than previous generations, income growing faster than any other group, low unemployment. How much have our brains been rotted from listening to depressed people on X? This place is a zoo of human misery.
We may in fact live in a simulation…
We may in fact live in a simulation… https://t.co/TifSB1Iqna
Knicks ball out, get the 2 seed, and are going to lose to the Sixers in 5 or nah?
Jake retweeted
Built different
Jake retweeted
Twitter’s new AI-powered trending tab thinks Klay Thompson is being accused of vandalizing houses with bricks This comes after shooting 0-10 against the Kings
Ben Carlson @awealthofcs
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100K Followers 807 Following I shall now therefore humbly propose my own thoughts, which I hope will not be liable to the least objection. https://t.co/NuC25VaSff
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@WorldWideWob It’s okay. Still got Jokic, Edwards, Shai, Luka.
@EconomPic @AndreWorrell7 @MikePolicarNGP Not arguing.
@EconomPic @KrisAbdelmessih sure, not saying it can't work. but it'll often leave the impression of "if this is how bad they are at what do for fun, how terrible are they at everything else they listed?"
@EconomPic @AndreWorrell7 @MikePolicarNGP Ah, so LBJ played on some weaker teams. Ok.
@EconomPic @AndreWorrell7 I'm glad we agree. Thanks for coming to your senses.
@EconomPic 😂 Jake, are you making a case for Bron being *better* than MJ here?
Bitcoin whitepaper dropped in 2009 btw
@EconomPic @ferventfinance Does it need to be above 80 tho???
@EconomPic @EricBalchunas It’s interesting framing on the active/passive debate that I hadn’t really noodled on: that the same forces that ramp a mega cap stock end up hitting a wall.
@EconomPic @therealyoon Should I turn the #Lakers game off right now? 8-0 start on 4 dunks, stadium at 300 decibels. All downhill from here, right?
@EconomPic Agree. Law of averages has to kick in soon
@EconomPic Hope you right. Knicks relentless tho.
@EconomPic @EricBalchunas Mostly I think: Mag7 turns out to be under indexed (news to me, learned something today!), thus we’re back to AnythingButMarketCap. We have had stretches of ABMC performance pretty regularly. Since most indexing is cap weighted, it muddies waters.
@EconomPic @maxbatt Right. That’s the only logical explanation
@EconomPic Finally saw it during NBA it yesterday, was completely floored that they got away with that.
@EconomPic i had that one too! But if it was a parlay, I'd be sweating the lack of a hedge for you haha
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