Hoth

Lol, especially now that Elon has managed to crash everything.

Will there be a Kuchera product for this?

Yeah, it's in a league of its own. My dad commuted from Boston to Duxbury as the storm came in and he still talks about how harrowing that drive was and how utterly ferocious the storm was. That and Hurricane Donna are his two big weather memories in southeast MA.

That was always my observation for Harvard alums. ALWAYS find a way to work it into conversation. Maybe it's all the Ivies.

This is so epic. The audio makes it and that 500mb evolution never fails to make my jaw drop. Thank you for making this!

I just think there's a huge mismatch between her "strategy", if you want to call it that, and the instrument she's using to execute it. She's supposed to provide investors daily liquidity, yet she's loaded up on highly illiquid, unprofitable companies where she herself has often been the source of liquidity through her outsized purchases. If redemption pressure continues and she exhausts her more liquid, higher quality positions (like her liquidating Apple yesterday), you could see a pretty spectacular cascade as she starts dumping into the void. Moreover, as she sells the higher quality stuff, it becomes more apparent to her investors that they're holding a bag of odious excrement and they all try to get to the exit.. EDIT: Oh, I forgot to mention the fact that Cathy buys her own funds. That cross-seeding is a giant red flag IMO. EDIT EDIT: Also, by far her largest position >10% is possibly the bubbliest asset in her whole portfolio

I wonder what percentage of ARK's investors are under water at this point. There was a looot of chasing going on in January and February.

Given both the record long positioning and record margin debt in this market, things can turn ugly on a dime.

Cathie continues to dump her higher quality liquid stocks like Apple to double down on her illiquid shitcos. Things become very interesting if outflows continue. Feeling better and better about those ARKK puts I picked up a few weeks ago.

My bro made a Vitamin Sea run for me. It's my first experience with their brews and I gotta say I'm very impressed.

Well, I've heard of a few cases where the patient was largely asymptomatic, but there was enough damage in the lungs that they had low very low blood oxygen and the tingling in the extremities that goes with it. I'm not a doctor though, so take with a heap of salt. Best wishes for a speedy recovery at any rate!

Low blood ox? Any tingling in the fingers?

How much do you want to bet that the whale that bought 25% of Doge a month before Elon started pumping it was Elon?

Stuff was like drinking antifreeze.

Day 2 after second Moderna shot: a little site soreness, but that's about it so far.

They don't have any freezers for inventory in the back. Just put stuff out as it gets delivered. Helps keep costs down. That and focusing on a narrower range of things and buying in ridiculous volume.

Yeah I'm with you there. Significant rise in my average grocery bill in the last year.

Nah, the chip is how he located eligible singles in his area.

Getting my second in a few hours. Hopefully I won't spend my weekend sprawled on the couch.

Cathy W continued to sell her higher quality liquid companies to double down on the highly illiquid crap she's been accumulating. Could get interesting if real selling pressure comes in in the coming weeks.

Gonna end with a bang at some point.

Who knew we had so many numismatists on the board?

For those who are interested, Jeff Gundlach was spitting fire in this address. Really lays out all the distortions of our economy today and the impending challenges.

Where's my EML?