..

latch on to big, obvious, indisputable observations

you gotta latch on to big, obvious, indisputable observations.

stock indexes tend to go up.
pople overpay for comfy sh!t like positive skew
people pay up for immediacy / liquidity
large price-insensitive trading can distort prices.

Don't build around marginal ideas.

(this his tweet is me saying something euan sinclair reminded me I used to say a lot, which was me mostly plagiarizing him.)

beep...boop.