BlockBuilders

Michael Saylor always finds some bullshit number to try to pump up $MSTR. Long-Term Capital Management had basically the same Sharpe ratio and a default probability of less than 0.01% - until they didn’t. He is just a snake oil salesman.

Reducing the GKVs is probably correct. However, it won’t be the big lever, because administrative costs make up only about 4% of total costs. There aren’t enough synergies for costs to drastically drop as a result. Fun fact: With private health insurance, the

Pretty interesting deal for Deutsche Börse. Even $200M sounds like a lot; they probably just got a ~1.5% stake or so.

So whales are accumulating $TRUMP to lunch with the President, and the chart still looks like crap - that is all you need to know about that token.

I think I played that whole FARTCOIN thing pretty well. Now flat again. However, don’t use leverage, kids - otherwise you’ll get liquidated on moves like this that no one really saw coming.

The chart shows what has not yet arrived politically in Germany: electricity consumption will increase exponentially in the future. If Anthropic were to roll out the newer Mythos model instead of Opus to everyone, it would require 7× more computing power and energy.😳😳😳

Spoiler alert: they don’t know, and it is probably not Adam Back.

It’s actually pretty interesting. The new Anthropic model Mythos got so good that it basically found major vulnerabilities in every major operating system and web browser. That’s why they decided to give the model to these companies first (Google, Apple, AWS…). What a time to be

Turns out there are actually more ships still passing the Strait of Hormuz than the market thought, because everyone was just watching the same tracking data instead of checking themselves.

James Wynn became famous for trading a +$1B BTC position. After he got liquidated, he had to size down to several $100M positions. Now he is down to $100k positions. Lesson in there somewhere: don’t use leverage, kids.

$IOTA am Abyss: New all-time lows, layoffs at the foundation, and chaos surrounding CEO Schiener. The community is losing trust, the strategy shift feels like a capitulation – can the project still be saved? 👉

Al-Scharaa was the leader of an Islamist rebel group that was also connected to Al-Qaeda. He eliminated political opponents and tortured them, and we are still sending tax money to Syria – at a time when our country is also struggling. Why

No matter what you think about the Bundeswehr: they definitely wouldn't have a recruitment problem if they produced TikTok videos like this. Strike Hard! 🫡

We are the 19th largest country in the world by population and the 63rd largest by area. Nevertheless, we have one of the largest parliaments in the world—after China and India, and roughly on par with the United Kingdom. Maybe we should consider that too.

Again? According to authorities, Tiger Woods was driving at least twice the speed limit of 45 mph. Driving 90 mph here seems kind of crazy. 👇🏻

Those who believe that the state is truly the better builder and that we need a government construction company are mistaken. In Berlin alone, the city has spent 900,000 euros just on consulting fees(!) to establish the construction company.👏🏻

Holding a 2x, 3x, or 5x ETF long-term is crazy: Due to Volatility Decay, the returns will be significantly lower than those of an unleveraged ETF. The reason is daily rebalancing – after losses, disproportionately high gains are needed to return to the original level.

Instead of aiming for climate neutrality by 2045, we should set the goal of reducing the government share to 25% by 2045. That would really move our country forward. The rest will follow naturally.

What madness. So you take personal risks, and if it pays off financially, you should kindly distribute the money to welfare recipients, an increasingly bloated government, and a completely crazy asylum policy.👏

No, Claude, the implementation won't take weeks. You'll be done with it by lunch today, otherwise I'm switching to Codex.