Thomas Thornton
24.3K posts
Thomas Thornton
@TommyThornton
Hedge Fund Telemetry - Data Collection, Analysis, Communication, and Control. Long/Short hedge fund manager
- One of my smartest, macro, hedge fund, managers told me today that the bank of Japan is going to be the big story this week.
- For those hoping for a Fed pivot, this is what happens after the pivot. Be careful for what you wish for...
- At my hedge fund we constantly monitored with shorts days to cover and days to liquidate long positions. And worked hard to avoid being in crowded positions. I can't understand how these very sophisticated funds failed so badly with risk management
- Retail has not capitulated. When a failed fund manager down 70% goes on CNBC and attends a crypto conference with Bitcoin down 32% AND people still believe in her, RETAIL HAS NOT CAPITULATED
- I rented a $TSLA Model 3 this weekend in LA. My overall impression is that the car is cheaply designed and built while overly complex. EV acceleration is cool yet the ride quality is poor. Legacy automakers will dominate Tesla in the coming years
- The risk of a serious market correction or crash has increased
- Matt Levine on what he would do if he was @elonmusk with Bitcoin. This might already be the plan. Really comical
- $1.3 trillion of single stock options are set to expire today, the 2nd largest ever
- I just spit out the water I was drinking when I read this.
- I see @GerberKawasaki is implying $AAPL should buy $TSLA for $500 billion. We are at the bail us out stage in the decline.
- Never in my life have I ever heard continued enthusiasm for an asset (generous definition, I admit) Bitcoin after it's been down 75% off the highs, counter party risks are sky high after massive fraud. It's like saying "Bernie Madoff had a bad month but his strategy is solid"
- As a reminder @JeffBezos also was named Time man of the year in 1999 The stock dropped from that point 95% over the next 22 months. It's the ultimate sentiment peak.
