When feedback loops get very quickly presed into the system, they can sometimes cause information cascades where opinions basically become homogeneous and we all think the same thing. And so that's another thing that i'm a huge believer in is as much history data as possible. But when you use schiller's data to bring it back to the 18 seventies, it fails bat 13 times or something like that. Something like that gis. So maybe i'll put yo on the team, cause you would figure it out.
As Chamath Palihapitiya put it back in April 2021, 10-K Diver is “one of the best fintwit accounts on Twitter.” 10-K Diver loves breaking down complex financial topics and helping people understand them via engaging Twitter threads. You can follow 10-K Diver on Twitter at https://twitter.com/10kdiver and read all his threads at https://10kdiver.com/twitter-threads/ Show Notes:
- Curating aggressively
- Is there a long term plan?
- Reasoning from the first principles
- Volatility tax
- Do markets have a memory?
- Financial Independence, Retire Early (FIRE)
- Mental models for investing
- Premeditating
- Jim’s GIF game
- Is it a Lindy or a turkey?
- The ‘Money Concepts’ show
- Benefits and pitfalls of leverage
- What’s next for the 10-K diver?
Books Mentioned:
- Reminiscences of a Stock Operator; by Edwin Lefèvre
- Happy; by Derren Brown