Roaring 20s Redux
@mishoiliev.bsky.social
Lives in Belgium. Politics. History. Used to do law then got a degree in economics. Fan of Keynesian economics, therefore, by MAGA’s standards, I am a communist 😂
Many startups do the fake-it-until-you-make-it stuff. The problem for OpenAI is theirs is mind-blowingly capital intensive. And all they offer is a chatbot that hasn’t yet proven exactly how useful it will be in increasing productivity.
November 21, 2025 at 2:03 PM
Many startups do the fake-it-until-you-make-it stuff. The problem for OpenAI is theirs is mind-blowingly capital intensive. And all they offer is a chatbot that hasn’t yet proven exactly how useful it will be in increasing productivity.
Private credit does not involve maturity or liquidity transforming the way classic shadow banking does. LPs that provide private credit are primarily equity financed. They’re not borrowing short term in order to make long term lending. Systemic risks from private credit is not comparable to 2008
November 18, 2025 at 4:49 PM
Private credit does not involve maturity or liquidity transforming the way classic shadow banking does. LPs that provide private credit are primarily equity financed. They’re not borrowing short term in order to make long term lending. Systemic risks from private credit is not comparable to 2008
Believe it or not, I never owned a car before. But now I got this plug-in hybrid Golf. Second hand, of course, since buying a new vehicle is a terrible investment, losing value immediately 😀
November 12, 2025 at 8:34 PM
Believe it or not, I never owned a car before. But now I got this plug-in hybrid Golf. Second hand, of course, since buying a new vehicle is a terrible investment, losing value immediately 😀
This is a bit extreme but it’s important to know that this perspective exists and has some logic and merits
November 7, 2025 at 5:59 PM
This is a bit extreme but it’s important to know that this perspective exists and has some logic and merits
Excerpt from the article
November 3, 2025 at 12:14 PM
Excerpt from the article
AI accuracy. How the hell can this happen!
November 1, 2025 at 3:29 PM
AI accuracy. How the hell can this happen!
Bury seems to say that this is a bubble but better not to short. Do nothing in this case.
October 31, 2025 at 12:01 PM
Bury seems to say that this is a bubble but better not to short. Do nothing in this case.
Volvo Car up 25% this morning 😮
October 23, 2025 at 7:09 AM
Volvo Car up 25% this morning 😮
It pays to bet that Trump won’t act on the stuff that comes out of his mouth, Bloomberg found
October 21, 2025 at 5:36 AM
It pays to bet that Trump won’t act on the stuff that comes out of his mouth, Bloomberg found
Today I bought shares in the beaten down German clean energy company Energiekontor (EKT). The selling seems to be overdone. The delay in their windmill farms seem only to delay the profits and push them into 2026.
October 16, 2025 at 3:13 PM
Today I bought shares in the beaten down German clean energy company Energiekontor (EKT). The selling seems to be overdone. The delay in their windmill farms seem only to delay the profits and push them into 2026.
One possible reason for this is that China is preparing for a potential war with the US. Given that the PBOC is apparently the largest buyer of physical gold lately.
October 15, 2025 at 7:04 PM
One possible reason for this is that China is preparing for a potential war with the US. Given that the PBOC is apparently the largest buyer of physical gold lately.
This Trumponomics price control is not state capitalism. It is a robust form of (national) socialism.
October 15, 2025 at 3:52 PM
This Trumponomics price control is not state capitalism. It is a robust form of (national) socialism.
“The pressure on generative AI to show it can generate the revenue needed to justify today’s investment — and pay back creditors — will intensify.”
October 13, 2025 at 9:13 PM
“The pressure on generative AI to show it can generate the revenue needed to justify today’s investment — and pay back creditors — will intensify.”
An important point about fascism is that it generally should be understood as movement that prioritizes action, power, and the cult of the leader over intellectual consistency.
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
October 13, 2025 at 8:34 PM
An important point about fascism is that it generally should be understood as movement that prioritizes action, power, and the cult of the leader over intellectual consistency.
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
If AI doesn’t deliver its miracles the US economy will cave in, argues Ruchir Sharma
October 6, 2025 at 8:49 PM
If AI doesn’t deliver its miracles the US economy will cave in, argues Ruchir Sharma
Today I bought some shares in the German software company TeamViewer which I view as undervalued
October 6, 2025 at 8:41 PM
Today I bought some shares in the German software company TeamViewer which I view as undervalued
An FT commenter sums up the state of the US economy
October 6, 2025 at 8:36 PM
An FT commenter sums up the state of the US economy
This suggests that for the AI bubble to pop a real catalyst will be needed. In the meantime the AI bubble will keep inflating.
October 5, 2025 at 1:33 PM
This suggests that for the AI bubble to pop a real catalyst will be needed. In the meantime the AI bubble will keep inflating.
Yesterday and today I placed a fairly large bet on the German pharma packing company Gerresheimer (GXI). Stock looks undervalued and with good potential for 40-60% up in the next 12 months
October 1, 2025 at 9:20 PM
Yesterday and today I placed a fairly large bet on the German pharma packing company Gerresheimer (GXI). Stock looks undervalued and with good potential for 40-60% up in the next 12 months
It looks like Trump will attempt to impose a hardcore fascist regime in America.
September 30, 2025 at 6:21 PM
It looks like Trump will attempt to impose a hardcore fascist regime in America.
Peace in Palestine sounds good but I wonder how realistic it is unless there’s a powerful Arab military force that takes over directly from Hamas and giving no chance to Israel to cheat and restart violence the moment hostages are freed
September 29, 2025 at 6:58 PM
Peace in Palestine sounds good but I wonder how realistic it is unless there’s a powerful Arab military force that takes over directly from Hamas and giving no chance to Israel to cheat and restart violence the moment hostages are freed
This time it will be AI that goes up and up in the rate cut cycle. At least for a while.
September 28, 2025 at 3:43 PM
This time it will be AI that goes up and up in the rate cut cycle. At least for a while.
But allocation to stocks does not paint a different picture.
September 28, 2025 at 1:22 PM
But allocation to stocks does not paint a different picture.
Nonetheless, as Armstrong notes, this has been the case for the last several years:
September 28, 2025 at 1:20 PM
Nonetheless, as Armstrong notes, this has been the case for the last several years: