Somewhere on the internet, a man with a Bloomberg terminal screenshot as his profile picture is writing a thread about the yield curve. He has used the word “macro” four times in three sentences. He will not stop until you understand that he saw the recession coming. He is FinTwit. Somewhere else on the internet, […]
There is a moment in every market cycle when someone who spent forty hours modeling a company’s free cash flow watches that company get outperformed by a stock chosen because its ticker symbol sounds funny. That moment is not an accident. It is the collision point between two financial subcultures that could not disagree more
Deep Due Diligence vs. Diamond Hands: When the Spreadsheet Meets the Meme Read More »
There is a corner of the internet where people celebrate receiving $47 in quarterly dividends from Coca Cola like they just inherited a country estate. There is another corner where people post screenshots of losing $80,000 on weekly options and receive thousands of upvotes accompanied by a single word: legend. These two communities could not
There are two ways to use other people’s money to get rich. One takes thirty years. The other takes thirty minutes. Both are forms of leverage. Both can make you wealthy. Both can ruin you. The only real difference is the speed at which the consequences arrive. The real estate investor borrows from a bank,
Slow Leverage vs. Fast Leverage: Real Estate Meets WallStreetBets Read More »
There is a specific type of silence that falls over WallStreetBets when someone mentions dividends. It is not hostility. It is not disagreement. It is something closer to confusion, like a room full of skydivers being asked if they have considered gardening. The activities are technically both done by humans, but beyond that, the overlap
Why WSB Would Never Touch a Dividend Stock And Why Dividend Investors Are Fine With That Read More »
There is a strange kind of symmetry in finance that nobody talks about. Every investing community has someone they look down on. And almost always, that someone is looking down on somebody else. The contempt travels in one direction, like a river that only flows downhill. At the top sits whoever thinks they are working
There is a quiet assumption in finance that the people who take things seriously will beat the people who do not. It sounds obvious. It sounds like the kind of thing a parent would say. Work hard, study the craft, respect the process, and you will end up ahead of the person who treats the
There is a moment that happens in almost every crypto conversation where the topic stops being money and starts being philosophy. Someone mentions Bitcoin, and within about ninety seconds you are hearing about central banks, monetary policy, the 2008 financial crisis, and the idea that money itself is a kind of illusion agreed upon by
There is a particular facial expression that only exists on the internet. You have seen it. It is the look of someone who knows they should close the tab, knows nothing good will come of watching, and keeps scrolling anyway. It is the expression of a Boglehead lurking on WallStreetBets at eleven at night. They
Why Bogleheads Look at WSB Like a Car Crash They Cannot Stop Watching Read More »
Imagine a quiet library. A man in reading glasses is halfway through a two hundred page annual report, circling footnotes about inventory accounting. He has owned this stock for three years. He bought it because nobody wanted it, which to him was the entire point. The price is low, the business is boring, and the