Post Aq8mpfQTgO6KMKshdI by kentwillard@zirk.us
 (DIR) More posts by kentwillard@zirk.us
 (DIR) Post #Aq6toBs4OP7Flm6uC8 by interfluidity@zirk.us
       2025-01-15T15:25:36Z
       
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       if you can circumvent all margin limits and financing constraints, investing at very high beta despite negative alpha will eventually make you very rich.just don’t confuse a talent for generating hype to raise money and keep creditors at bay for industrial genius.
       
 (DIR) Post #Aq6zMEMO91HT6cLInY by curtosis@mastodon.social
       2025-01-15T16:27:40Z
       
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       @interfluidity What’s the expression? Owing the bank $1M is a you problem. Owing the bank $100M is the bank’s problem.
       
 (DIR) Post #Aq8mpfQTgO6KMKshdI by kentwillard@zirk.us
       2025-01-16T13:16:52Z
       
       0 likes, 1 repeats
       
       @interfluidity The saying, "A compensation scheme masquerading as an asset class," applies to more than hedge funds.The secret to vast wealth is to raise and risk other people's money (investors, banks, governments) - then get lucky. The secret to moderate wealth is to do the same but be unlucky. The essential skill is self-marketing genius.
       
 (DIR) Post #Aq8pEhEEJmYB66DONM by BenRossTransit@mastodon.social
       2025-01-16T13:43:28Z
       
       0 likes, 1 repeats
       
       @kentwillard @interfluidity My grandmother had another way of saying it: "If enough money passes through your fingers, some of it will stick."
       
 (DIR) Post #Aq8s6ZlsSa6rVylytM by daveliepmann@social.tchncs.de
       2025-01-16T14:15:34Z
       
       0 likes, 1 repeats
       
       @BenRossTransit @kentwillard @interfluidity “He who deals the honey licks his fingers” –Turkish proverb