Part of what we discussed in the GLP-1 primer ~13months ago was the reflexive nature of a genuinely successful weight loss drug. We covered the idea of virality (boosted by social media) but also the concept of the devastating health effects of obesity and how this would likely

Cycle accelerating

portfolio is such a beautiful shade of red rn (my therapist says I have to look on the bright side of things more often)

we’ll always have the memory of that 200 day streak without a 2%+ drawdown

beautiful morning to get margin called, boys

“bad news is good news” is dead.

50bps odds now greater than 25bps

attempt #2 to stay uninverted for more than 16 seconds

the mad lad actually did it

making first contact with equity drawdowns that don’t immediately resolve in dip buying

Luke Kawa I guess McDonough argued it both ways. From the first cut of the '01 cycle, an intermeeting 50 "I believe very strongly ... that we maximize our credibility by making the moves that are necessary when we deem them to be necessary. Merely maintaining a tough-line monetary

“don’t sell cookie stock, cookies still taste good” is my #1 insight of the year apparently

Once more unto the breach, dear friends

trying to go to increasingly remote places to run away from macro but one of the guys here just told me there’s a ton of bears here? so disappointed, didn’t even bother to ask what they were bearish on

jobs print vibes