** What are central bank swap lines and how do they work? Back in 2017, Saleem Bahaj and I researched the Fed's swap lines. There was little economic theory or evidence on this great recession policy (not much more today). Given their new prominence, here is an explainer [1/10] — Ricardo Reis (@R2Rsquared) March 16, […]
$INV: “The team you build is the company you build.” | Mar 2020 #thread
Deep Dive on Recruiting: – Sourcing– Evaluating– Closing– Referencing– Building an interview process– 90 day plans – Mistakes founders make "The team you build is the company you build" 👇 — Erik Torenberg (@eriktorenberg) March 16, 2020
$INV: “We are in a severe recession right now.” | Mar 2020 #thread
1) We are in a severe recession right now. My European macro friend called me and he is still very cautious. Likely the largest demand shock in history. The fastest bear mkt in history. Peak levels of fear and volatility. And the biggest rate cut in history. — Gavin Baker (@GavinSBaker) March 15, 2020
$INV: “These are things that haven’t happened since World War 2.” | Mar 2020 #thread
1/ Brief thread on my experience shorting Lehman Brothers, the Great Financial Crisis, and my opinion on this crisis. I ended up with the short position on Lehman at Greenlight Capital. Was a couple unique circumstances that… Folder with sources here:https://t.co/SfJ4B0NkhD — Inquisitive Investor (@QuisitiveInvest) March 15, 2020
$INV: “I went through all of them.” | Mar 2020
For those who went through any of the following: DotCom crashthe Christmas CrashEurozone CrashFlash CrashGreat Financial Crisis 87’ Crash How does this compare? — Scheplick (@scheplick) March 11, 2020
$INV: “Officially the fastest bear market ever.” | Mar 2020
It happened in just 19 days. Officially the fastest bear market ever. https://t.co/7zdjJWcPow pic.twitter.com/ShhFjHYYR9 — Michael Batnick (@michaelbatnick) March 11, 2020
$INV: “If starting a micro brand is easier than ever, it’s easier for everyone.“ | Mar 2020
The reason why D2C is dying is because most of the founders/teams just wanted to strike it rich in the tech boom armed with a fuzzy understanding of both brand building and how tech serves as a lever — Lueurverte (@luerverte) March 12, 2020
$INV: “Journalism actually existed as a potent & brave force that sought to protect individuals from institutions.” | Mar 2020
It never occurred to me that folks who can’t remember the 1970s have no idea that journalism actually existed as a potent & brave force that sought to protect individuals from instutions rather than reflexively doing the reverse. Let me just say this: journalism was inspiring. — Eric Weinstein (@EricRWeinstein) March 10, 2020
$INV: “Teaching online and MOOCs are NOT the same thing.” | Mar 2020
It’s been many years since I had to make this point: Teaching online and MOOCs are NOT the same thing. Please do not conflate them. — SIVA VAIDHYANATHAN🗽🤘🏽 (@sivavaid) March 10, 2020
$INV: “Finally got aggressive buying high quality compounders and taking net exposure up.” | Mar 2020
Finally got aggressive buying high quality compounders and taking net exposure up. Dominant infotech stocks are not going to be meaningfully impacted by corona and were panic sold all afternoon. Not calling a bottom but am calling a “>18% IRR opportunity”. Me all day long… pic.twitter.com/eCN2WXk4wR — Charlemagne (@Charlemagne310) March 9, 2020