8 Comments
User's avatar
Abe's avatar

applause applause applause

run for president dammit...may not win but oh those debates

Expand full comment
Louis's avatar

I listened recently to a pretty interesting podcast from Risk of Ruin that featured a partner from LTCM, just FYI.

Expand full comment
Rudy Havenstein's avatar

Thanks. I'll look it up

Expand full comment
Louis's avatar

I listened recently to a pretty interesting podcast from Risk of Ruin that featured a partner from LTCM, just FYI.

Expand full comment
Louis's avatar

Whoopsie. Sorry for the double.

Expand full comment
G7Doug's avatar

19 dots in 2025 and 300 bps delta, top to bottom. We'll pay $5.5B over the next two years and if we're lucky, one of them will be right. They tell us that's a bargain, but we're not free to negotiate.

Expand full comment
bigfatpop's avatar

Each time I get really discouraged about the people running this entire circus (the Fed, Prez Shit-His-Britches, Blackrock etc etc etc), I go back and watch Enron: The Smartest Guys in the Room. It doesn’t lift my spirits all that much, but it does remind me that they’re all a bunch of greedy, arrogant, cock-suckers who’ll eventually be humiliated. Will they still be incredibly wealthy? Yes. But, I know from personal relationships that the humiliation is never really overcome.

Expand full comment
Jim Davidson's avatar

Yes, my friend, CNBC is a cooking channel. It's spirit cooking, though, so you may not want to look. lol

In other news, I am told by the Holy Spirit to subscribe to your 'stack when the gift subscription you provided runs out in five days. Yes, I am told to write that this fact operates as an endorsement of your work by God. God bless you. Amen.

Expand full comment