[Dec/2022-Archive-Jun/2022 | Finance] Ming Zhao Twitter

Source: https://twitter.com/FabiusMercurius

• https://twitter.com/FabiusMercurius/status/1522985150023290880
  • DONE – not that insightful
• https://twitter.com/FabiusMercurius/status/1403392647222370311
  • DONE – Corp Debt
• https://twitter.com/FabiusMercurius/status/1520463292346494976
  • Moats
• https://twitter.com/FabiusMercurius/status/1517917310786301952
  • Defi yield
  • https://www.reddit.com/r/CryptoCurrency/comments/tbcrkh/explain_to_me_how_terraluna_is_not_a_scam/
  • Total universe value, value is “created” when it’s not
• https://twitter.com/FabiusMercurius/status/1510322281758617601
  • Factor Model – Done
• https://twitter.com/FabiusMercurius/status/1509944768880529408
  • Shit post – Done
• https://twitter.com/FabiusMercurius/status/1507770848488218625
  • Kelly criteria – Done
• https://twitter.com/FabiusMercurius/status/1508130118564139013
  • Crypto tax – DONE
• https://twitter.com/FabiusMercurius/status/1502680794204016642
  • Options
  • https://squeezemetrics.com/monitor/download/pdf/The_Implied_Order_Book.pdf
    • Delta hedging – implied orderbook
  • https://twitter.com/therobotjames/status/1437922467801034754
    • VIX thread
• https://twitter.com/FabiusMercurius/status/1507770880268546052
  • Kelly – done
• https://twitter.com/FabiusMercurius/status/1500190848943681539
  • Future TODOs – booklist
• https://twitter.com/FabiusMercurius/status/1497647273106415618
  • Ukraine Russia war – econ
  • DONE
• https://twitter.com/FabiusMercurius/status/1492569620569489409
  • 10 trading hacks – done
• https://twitter.com/FabiusMercurius/status/1487505310218522627
  • debt
  • DONE
• https://twitter.com/FabiusMercurius/status/1484942961024536583
  • Defi-done
• https://twitter.com/JackFarley96/status/1483471159748444162
  • done
• https://twitter.com/FabiusMercurius/status/1474855205728501760
  • option chain data
  • distribution of ppl’s views
  • done
• https://twitter.com/FabiusMercurius/status/1472303173226283011
  • option trading crash course
  • Don’t early-exercise, do sell to others, because there’s time value in option as long as it hasn’t expired
  • DONE
• https://twitter.com/FabiusMercurius/status/1392652246312128514
  • Inflation Impacts
    • DCF model
    • High growth stock hit harder because:
      • High growth stock’s DCF values are concentrated on future values, hit harder with bigger denom
      • Also tech stocks have high beta
• https://twitter.com/FabiusMercurius/status/1387540429520793600
  • George Soros
    • Gut feeling (emotion) is unknown unknown – you don’t know the weight
    • Phases of trend, best risk-return phase to get in
• https://twitter.com/FabiusMercurius/status/1469737384602341377
  • Crypto fund trading strategies
    • Spot vs. Future arb 
    • VC arm – insider info
    • Acquire validator nodes (miner) and front-run lol
  • Onion future – farm corner the market story in 1950s/60s
• https://twitter.com/FabiusMercurius/status/1467185503065624577
  • Cross Margining/Collateral
• https://twitter.com/morganhousel/status/1463554823043747840
  • https://www.collaborativefund.com/blog/how-this-all-happened/
    • Very good read
• https://twitter.com/FabiusMercurius/status/1459942815526359042
  • Crypto Yield
• https://idrawcharts.medium.com/how-market-making-works-poorly-illustrated-128b5ae8304d
  • How MM works
  • Nice illustration on intraday volatility vs. daily volatility’s effect on MM strategy
• https://twitter.com/FabiusMercurius/status/1454513434209312772
  • Yield Farming – Covered Option Writing – DONE
• https://twitter.com/FabiusMercurius/status/1452349285865984000
  • Exchange Design
  • AMM is easier to bootstrap for low TPS (i.e. ETH), CLOB needs high TPS
  • DONE
• https://twitter.com/FabiusMercurius/status/1452349346100379649 – D
• https://twitter.com/FabiusMercurius/status/1450000809077268486
  • Crypto Market Map – DONE
• https://twitter.com/FabiusMercurius/status/1444336376808308736
  • Shadow Bank
  • 1980s Junk Bond
    • https://www.reddit.com/r/RunagateRampant/comments/hoi8eg/the_junk_bond_king/
    • Milken controlled both sides of the deal, he controlled both the lenders and the borrowers.
    • he controlled the lenders because he controlled a huge network of federally insured Savings and Loan banks, reputable insurance companies, and junk bond funds. 
    • so Milken would then raise money from his network of lenders to buy junk bonds from a junk company (borrower), with the promise that the junk company will use some of that capital to buy junk bonds from other junk companies (borrowers) in Milken’s junk bond empire. This inflated the demand for the junk bonds. 
• https://twitter.com/FabiusMercurius/status/1440411706543407110
  • China Big Debt / Evergrande
• https://twitter.com/FabiusMercurius/status/1439218956779151361
  • Evergrande – DONE
• https://twitter.com/FabiusMercurius/status/1434213515519148036
  • Secretary problem – DONE
• https://twitter.com/FabiusMercurius/status/1431687216577798144
  • Ray Dalio’s Econ Machine: Productivity Growth + short-term (5-8year) debt cycle + long-term (100year) debt cycle
  • 
• https://twitter.com/FabiusMercurius/status/1429135724700323842
  • Risk Premia – D
• https://twitter.com/FabiusMercurius/status/1427473932752277508
  • Carl Icahn – DONE
• https://twitter.com/FabiusMercurius/status/1424060111694143491
  • Option history
  • Option of options LOL
• https://twitter.com/FabiusMercurius/status/1403131852152393730
  • SPAC
• https://twitter.com/FabiusMercurius/status/1423008171015086081
  • Eight trends of finance
  • Fractional RE
• https://twitter.com/FabiusMercurius/status/1423006632435355649
  • Shoe Flipper
  • Bots
  • Provide Bots Service (for a small fee) to get big info edge
• https://twitter.com/FabiusMercurius/status/1419018919038242816
  • Startup lessons
  • 
• https://twitter.com/FabiusMercurius/status/1416550738390441985
  • Alternative Data – DONE
• https://twitter.com/FabiusMercurius/status/1416550735521619969
  • Ransomware econ – DONE
• https://twitter.com/FabiusMercurius/status/1416550731729932288
  • Fed Jargons – DONE
• https://twitter.com/FabiusMercurius/status/1416550729863417858
  • Trader jargon – DONE
• https://twitter.com/FabiusMercurius/status/1416550728148033540
  • Corp Debt – already Read
• https://twitter.com/FabiusMercurius/status/1416550726298267650
  • Pharma Industry – DONE
• https://twitter.com/FabiusMercurius/status/1416550724490567680
  • Gamma Squeeze
  • 
• https://twitter.com/FabiusMercurius/status/1416550721713967106
  • What to invest in Inflation
• https://twitter.com/FabiusMercurius/status/1416550719377666049
  • Semiconductor Industry – DONE
• https://twitter.com/FabiusMercurius/status/1416550716563357696
  • Tech Sector
  • Consumer – 5~10x Price to Revenue (not profit)
  • SaaS vs. Service pertending to be Saas
    • Forward deployed engineer / sales engineer
    • A lot of SKU (>25)
• https://twitter.com/FabiusMercurius/status/1416550714868867072
  • Hedge fund post-mortem
• https://twitter.com/FabiusMercurius/status/1416550713136607234
  • Why CPI hurt stock price? Already Read
• https://twitter.com/FabiusMercurius/status/1416550711412678658
  • Earning Call – DONE
• https://twitter.com/FabiusMercurius/status/1416550709542023171
  • Read 10-K DONE
• https://twitter.com/FabiusMercurius/status/1416550707541340161
  • Tax Evasion 
  • Loss Carry-forward for Corp
  • Puerto Rico – US citizen no global income taxation? 
• https://twitter.com/FabiusMercurius/status/1416550704982810624
  • Spot lying CFO
  • DONE
• https://twitter.com/FabiusMercurius/status/1416550702508253187
  • George Soros Playbook – Already Read
• https://twitter.com/FabiusMercurius/status/1416550700918579203
  • James Simons Playbook 
  • DONE