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Scientists: Earth Endangered by New Strain of Fact-Resistant Humans http://www.newyorker.com/humor/borowitz-report/scientists-earth-endangered-by-new-strain-of-fact-resistant-humans … via
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Alex Rampell Retweeted
Pretty solid masterclass by
@arampell on the markets, options, at-the-market offerings, and some historical context on short squeezes, leverage at hedge funds and private equity,https://twitter.com/avichal/status/1354671420316344322 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
I can’t emphasize how crazy this is. You would expect a sovereign debt default to trigger this (although you might not expect the default, as LTCM did not!). Not a sub $300M market cap (this summer!) GME to get >100% short interest + insane options exposure from Redditors...
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One of the biggest hedge fund blow-ups of all time was the ironically named Long Term Capital Management — $4.6B of losses in 1998 stemming from ‘98 Russian Financial Crisis and ‘97 Asian Financial Crisis. Fed organized bailout due to systemic risk. Today, happening from...GME
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The story of the Global Financial Crisis was “The Big Short” — a trillion $ of bad mortgages with fake ratings The story of GME is “The Small Short” — how a once tiny *small cap* with >100% short interest tanked the market by forcing unwinds of large positions to meet margin
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Alex Rampell Retweeted
76 years ago today over 7,000 prisoners of the German Nazi
#Auschwitz camp, including some 700 children, were liberated by the soldiers of the Soviet Army. 1,689 days of murder, pain, suffering, and humiliation were over. Today we all remember. We must remember. |#Auschwitz76pic.twitter.com/63Z0DtshPiShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Alex Rampell Retweeted
On
#IHRD, thinking of all the families and lives lost, including some of my family members. Today the@HolocaustMuseum is sharing survivor stories in a livestream ceremony on YouTube. Watch here:#WeRememberhttps://yt.be/2KQBYThanks. Twitter will use this to make your timeline better. UndoUndo -
Alex Rampell Retweeted
That feeling when you’re listening to a “future of fintech” convo and 4 of 5 panelists are built on your platform.
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Alex Rampell Retweeted
"The Israeli army is deliberately understaffed at senior ranks, because fewer senior officers lead to more *individual initiative* at lower levels." - Startup Nation
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Ah, the first tweet I was referencing got deleted — was referencing that Israel has vaccinated 40%+ of citizens vs 7% for the US
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5/ I just hope we don’t go to the knee-jerk response of more laws to prevent X, more departments to administer X, more people to check on the preventing and the administering. That invariably makes things WORSE and more sclerotic...learn from small! Be small!
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4/ “But Israel is a small country and the US is a big country!” That’s a cop-out. Israel is a bigger country (population) than all but 10 US states! There are other clear cultural differences (universal military service, newer country, necessity of competence for survival!)
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3/ When you’re trying to achieve product-market fit — do something new! — you need fewer decision makers, and a team empowered/capable to build. Small companies ship, big companies announce. Big companies can’t even find who the shippers are!
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2/ Reagan said “Government is not the solution to our problem; government is the problem.” Applying a small company / large company lens, *making something bigger does not make it better or faster* - the opposite! I like small government because small (usually) is more EFFECTIVE
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1/ “How can a startup do X before the big company with far more employees and resources does X?”...nation-state edition... https://twitter.com/katie_roof/status/1353870125045145601 …
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Alex Rampell Retweeted
'You Can Reopen Now!' Governor Newsom Shouts At Row Of Abandoned, Dilapidated Buildingshttps://buff.ly/2KSFdju
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Alex Rampell Retweeted
“The Science” has somehow morphed to mean not known facts but instead a scientist’s opinion—a distillation of their feelings, beliefs, or desires.
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Suggestion: Stay at home order shojld still remain in effect for *one* person, namely Gavin Newsom...paving way for competent leadership.https://twitter.com/nbcla/status/1353582529509531648 …
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Alex Rampell Retweeted
My private school kid went to school 4 days in person this week. My public school kid hasn’t been in school once since March. Education should not be a luxury good.
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