Fellow parents can relate kind of post that might be a bit heavy.. There’s something almost unbearable about the combination of an almost 3-year-old doing the funniest, most bizarre things, learning everything and making you crack up in the process, and you’re doubled over laughing, fully present in the moment, and at the same time, there’s this quiet ache underneath it all: Because you know it’s temporary. You know it’s vanishing in real time. And what makes it even more bittersweet is that they won’t even remember it. But you will. It’s a painfully sharp detail and in real time feels like a dream you know you can’t re-enter, no matter how much you want to.

With participation + volumes rising, we're seeing greater dispersion as traders hunt for the next big move. Correlation among the top 100 assets has dropped to its lowest level in a year, and I expect this to show up in pockets of out-performance.

A thermostat keeps room temp at a steady 23°C When temp drops, the heater turns on. When it rises, the heater turns off. If you naively plot temp vs heating wattage, they look unrelated. But one is clearly driving the other. Important to remember when one looks at mkt flows

Probably too many tweets on this tonight, but I had some interesting interactions with Joe, who got out of pocket numerous times. I’ll just say this, life has an incredible way of serving humble pie to people who put out bad energy. Do good and good comes.

RIP Legend.

I hate the DMV. AI needs to get to work here first.

Well deserved for a guy who treated people like shit on the timeline constantly. Grown man, and his favorite line was “cope harder nerd”.

Turns out Joe McCann only lost 80% of the funds money and is launching a Sol spac (sources unnamed)

Tldr: You should know better investing in a fund where the lead looks like some edge lord hipster who shops at Spencer's for jewelry and buys a Harley because it looks cool.

LPs, who are the worst performing liquid funds? What trade did they blow up on?