Jeff Park
@dgt10011.bsky.social
Head of Alpha Strategies @BitwiseInvest.Radical Portfolio Theory™Investor. Riverain Purveyor of exotic goods & esoteric services. ex-@morgenstanley@stanford
You cant understand $MSTR w/o understanding the below chart: the asymptotic gamma flip.
At some deterministic point, it's "cheapness" at an extreme level is paradoxically what will make it very "rich". The path, and the speed along the way, is everything.
Still early. Higher.
At some deterministic point, it's "cheapness" at an extreme level is paradoxically what will make it very "rich". The path, and the speed along the way, is everything.
Still early. Higher.
December 31, 2024 at 5:14 AM
You cant understand $MSTR w/o understanding the below chart: the asymptotic gamma flip.
At some deterministic point, it's "cheapness" at an extreme level is paradoxically what will make it very "rich". The path, and the speed along the way, is everything.
Still early. Higher.
At some deterministic point, it's "cheapness" at an extreme level is paradoxically what will make it very "rich". The path, and the speed along the way, is everything.
Still early. Higher.
The magic of compound interest is time.
Which means the sin of compound interest is haste.
Don't take it from me; take it from Ross Stevens:
Which means the sin of compound interest is haste.
Don't take it from me; take it from Ross Stevens:
December 31, 2024 at 5:13 AM
The magic of compound interest is time.
Which means the sin of compound interest is haste.
Don't take it from me; take it from Ross Stevens:
Which means the sin of compound interest is haste.
Don't take it from me; take it from Ross Stevens:
I know it’s hard to keep track of Asian faces and names but let’s try a little harder?
December 27, 2024 at 4:02 PM
I know it’s hard to keep track of Asian faces and names but let’s try a little harder?
#24. Bitcoin: The Ultimate Resistance Asset
With this final note below the "Advent Calendar of Resistance Assets" officially comes to a close. I hope it inspired you to think differently about safeguarding your investment principles for the post-modern era.
Let's keep building!
With this final note below the "Advent Calendar of Resistance Assets" officially comes to a close. I hope it inspired you to think differently about safeguarding your investment principles for the post-modern era.
Let's keep building!
December 24, 2024 at 10:26 AM
#24. Bitcoin: The Ultimate Resistance Asset
With this final note below the "Advent Calendar of Resistance Assets" officially comes to a close. I hope it inspired you to think differently about safeguarding your investment principles for the post-modern era.
Let's keep building!
With this final note below the "Advent Calendar of Resistance Assets" officially comes to a close. I hope it inspired you to think differently about safeguarding your investment principles for the post-modern era.
Let's keep building!
Now < 100bn but yeah let’s hike rates
December 21, 2024 at 5:51 AM
Now < 100bn but yeah let’s hike rates
guys i just ate a bear for dinner, which means—
UP ONLY
UP ONLY
December 20, 2024 at 4:52 PM
guys i just ate a bear for dinner, which means—
UP ONLY
UP ONLY
What did I tell you
December 19, 2024 at 5:28 AM
What did I tell you
As $MSTR officially enters the NDX 100 today, here is my 1-page executive summary on the "Theory of MicroStrategy" and how to profit off of the unstoppable hyperfinancialization of finance.
The trade of the decade is just getting started. Buckle up.
The trade of the decade is just getting started. Buckle up.
December 14, 2024 at 11:29 AM
As $MSTR officially enters the NDX 100 today, here is my 1-page executive summary on the "Theory of MicroStrategy" and how to profit off of the unstoppable hyperfinancialization of finance.
The trade of the decade is just getting started. Buckle up.
The trade of the decade is just getting started. Buckle up.
1/ As game theory intensifies, I’m *officially* going on the record with my mental model for how to think about BTC sovereign adoption by nation-states:
This is why I believe Argentina, Nigeria, and Turkey are next—and why El Salvador was among the first cc: @Dennis_Porter_
This is why I believe Argentina, Nigeria, and Turkey are next—and why El Salvador was among the first cc: @Dennis_Porter_
December 9, 2024 at 9:22 AM
1/ As game theory intensifies, I’m *officially* going on the record with my mental model for how to think about BTC sovereign adoption by nation-states:
This is why I believe Argentina, Nigeria, and Turkey are next—and why El Salvador was among the first cc: @Dennis_Porter_
This is why I believe Argentina, Nigeria, and Turkey are next—and why El Salvador was among the first cc: @Dennis_Porter_
Is @saylor $49MM bull Px target inspired by my UBI math??? (h/t to @McDonaghMatthew for connecting the dots)
December 8, 2024 at 2:42 AM
Is @saylor $49MM bull Px target inspired by my UBI math??? (h/t to @McDonaghMatthew for connecting the dots)
Here’s everything you need to know about macro for 2025 and beyond—
Dive into my notes from the future, straight from the legend @alfonsopratgay 👇🇦🇷
Dive into my notes from the future, straight from the legend @alfonsopratgay 👇🇦🇷
December 6, 2024 at 10:00 PM
Here’s everything you need to know about macro for 2025 and beyond—
Dive into my notes from the future, straight from the legend @alfonsopratgay 👇🇦🇷
Dive into my notes from the future, straight from the legend @alfonsopratgay 👇🇦🇷
What does this even mean? Is Alphaville actually commieville?
December 6, 2024 at 12:47 AM
What does this even mean? Is Alphaville actually commieville?
$MSTR is the only trade in the world that is simultaneously long global carry and short global carry of fiat capital—which makes @saylor the Chairman of digital capital
Everyone understands it at the price they deserve
Everyone understands it at the price they deserve
December 4, 2024 at 11:39 AM
$MSTR is the only trade in the world that is simultaneously long global carry and short global carry of fiat capital—which makes @saylor the Chairman of digital capital
Everyone understands it at the price they deserve
Everyone understands it at the price they deserve
this is peak fourth turning energy, especially from a nation with a lived history of what emergency martial law truly means. it's an insult to the legacy of our parents/grandparents who shed blood in the fight for freedom against japan/nk
now against their own people 🍌🏛️
now against their own people 🍌🏛️
December 3, 2024 at 9:23 PM
this is peak fourth turning energy, especially from a nation with a lived history of what emergency martial law truly means. it's an insult to the legacy of our parents/grandparents who shed blood in the fight for freedom against japan/nk
now against their own people 🍌🏛️
now against their own people 🍌🏛️
background for those catching up:
December 3, 2024 at 9:23 PM
background for those catching up:
Last year, between October and December—just before the spot Bitcoin ETF approval in 2024—@BitwiseInvest partnered with @Vetta_Fi to conduct our annual RIA survey, which we share publicly. One finding immediately grabbed my attention: over 60% of professional investors believed the spot
December 2, 2024 at 9:23 PM
Last year, between October and December—just before the spot Bitcoin ETF approval in 2024—@BitwiseInvest partnered with @Vetta_Fi to conduct our annual RIA survey, which we share publicly. One finding immediately grabbed my attention: over 60% of professional investors believed the spot
Meanwhile crypto traders head for best year
November 29, 2024 at 5:19 AM
Meanwhile crypto traders head for best year
$USDC is “compliance”
$FRAX is “resistance”
You need both in the Radical Portfolio. The path for ownership of both is now clearer than ever. 🙌
$FRAX is “resistance”
You need both in the Radical Portfolio. The path for ownership of both is now clearer than ever. 🙌
November 28, 2024 at 9:27 AM
$USDC is “compliance”
$FRAX is “resistance”
You need both in the Radical Portfolio. The path for ownership of both is now clearer than ever. 🙌
$FRAX is “resistance”
You need both in the Radical Portfolio. The path for ownership of both is now clearer than ever. 🙌
$MSTR is down ~4%
$MSTX is down ~13%
The math ain’t mathin
$MSTX is down ~13%
The math ain’t mathin
November 26, 2024 at 5:32 AM
$MSTR is down ~4%
$MSTX is down ~13%
The math ain’t mathin
$MSTX is down ~13%
The math ain’t mathin
hi @nasdaq in case you were wondering whether $MSTR should be excluded from index reconstitution event on 12/13 due to being a financial services company, here are both their GICS/ICB classification below.
and just fyi, everyone is watching.
and just fyi, everyone is watching.
November 26, 2024 at 5:19 AM
hi @nasdaq in case you were wondering whether $MSTR should be excluded from index reconstitution event on 12/13 due to being a financial services company, here are both their GICS/ICB classification below.
and just fyi, everyone is watching.
and just fyi, everyone is watching.
And you wonder why people are skeptical of "compliance" finance
It's not that AQR is a bad firm (they are excellent), it's just intelligently responding to a ridiculous system
choose "resistance"
It's not that AQR is a bad firm (they are excellent), it's just intelligently responding to a ridiculous system
choose "resistance"
November 24, 2024 at 8:58 PM
And you wonder why people are skeptical of "compliance" finance
It's not that AQR is a bad firm (they are excellent), it's just intelligently responding to a ridiculous system
choose "resistance"
It's not that AQR is a bad firm (they are excellent), it's just intelligently responding to a ridiculous system
choose "resistance"
Scientific American is more American than Scientific these days (*unless you sponsor, then you can share actual research)
November 24, 2024 at 8:49 PM
Scientific American is more American than Scientific these days (*unless you sponsor, then you can share actual research)