Fintwit Downfall

13,885 views • 10/12/2018

Description

Finance twitter handles a drawdown poorly, flails about, loses money

Captions

00:00 - 00:03The S&P 500 is down 6% from highs
00:04 - 00:05FANG and SAAS names are down a ton
00:05 - 00:07Lumber and Oil are also selling off
00:08 - 00:12Western Canadian Oil is down to $29
00:12 - 00:15The Yuan is rapidly approaching $7
00:17 - 00:19Yields are too low, TINA will drive equity flows
00:19 - 00:21And Tesla is changing the world
00:24 - 00:26Mr. Gerber
00:27 - 00:28Tesla
00:31 - 00:33Tesla has fallen below $260
00:34 - 00:36and Elon's deal with the SEC is in jeopardy
00:53 - 00:58[incoherent Warren Buffett quotes]
01:13 - 01:15WE ARE GOING SO MUCH HIGHER
01:15 - 01:17DOW DUPONT WILL UNLOCK MULTIPLES OF VALUE
01:18 - 01:23TESLA WILL PRODUCE 100K MODEL 3S PER WEEK
01:25 - 01:28DO YOU KNOW HOW MUCH AMAZON CAN GROW FROM HERE?
01:29 - 01:31EINHORN JUST BOUGHT ALTICE, DO WE OWN THAT?
01:31 - 01:34WHY DIDN'T YOU PRESS THE SHORTS LAST WEEK?
01:34 - 01:37OUR HEDGES HAVE DONE NOTHING
01:37 - 01:40YOUR TECH NAMES HAVE RUINED US
01:40 - 01:42It could be worse, at least we aren't Berkowitz
01:42 - 01:46BERKOWITZ IS A FUCKING JOKE
01:46 - 01:48Mr. Gerber, many people respect Bruce Berkowitz
01:48 - 01:52No one with a brain respects Bruce Berkowitz
01:53 - 01:54HE RODE SEARS ALL THE WAY DOWN
01:56 - 01:57We should lever up and buy momo
01:57 - 02:00Buy some biotech, chinese tech, and oil
02:00 - 02:03Maybe even some fucking crypto
02:04 - 02:08NOVOGRATZ HAS A FUCKING JET
02:08 - 02:13WHERE'S MY FUCKING JET
02:14 - 02:16THE FED IS RIGGING THE MARKET
02:17 - 02:21AND TRUMP IS RUINING THE ECONOMY
02:27 - 02:29Maybe value investing is coming back
02:30 - 02:34Maybe we should buy uranium stocks
02:34 - 02:36Something with a catalyst, a story
02:41 - 02:42Our performance fee is almost gone
02:43 - 02:47WE REDUCED THE MANAGEMENT FEE TO 1%
02:48 - 02:53I might have to sell my 4th house
02:54 - 02:56What will my wife think?
02:56 - 02:59She spent $3k at Sephora last month
03:00 - 03:02WHAT THE FUCK DOES SHE BUY??
03:04 - 03:07It's ok, we are going to Make America Great Again
03:14 - 03:16We could go to cash
03:19 - 03:23Tell the LPs we're reassessing
03:25 - 03:26Short some vol
03:31 - 03:33Check CNBC for Fast Money ideas
03:40 - 03:46Maybe Bluegrass is still on the DMs
03:46 - 03:49Ask him what compounders he likes
03:53 - 03:56Mugatu only jokes