Tom Hochleutner
@tomhochleutner.bsky.social
Markets guy, dad, food and travel enjoyer. Posts mine and not my employer's.
I think it was Norway.
November 30, 2025 at 3:45 PM
I think it was Norway.
When looking at things like wealth and homeownership rates across generations, I think people commonly overlook mortality factors (e.g. smoking) that resulted in earlier wealth transfers in the past. But people are better off if their parents are still alive, even if they are "poorer".
November 29, 2025 at 2:15 PM
When looking at things like wealth and homeownership rates across generations, I think people commonly overlook mortality factors (e.g. smoking) that resulted in earlier wealth transfers in the past. But people are better off if their parents are still alive, even if they are "poorer".
Probably just mirroring what they do on twitter
November 22, 2025 at 6:56 PM
Probably just mirroring what they do on twitter
Is this bad? I'm not a big fan of crypto, mostly cause I'm not sure which problems it solves and it seems like a huge distraction (total "market cap" < MSFT). But it's pretty liquid, and while volatile, plenty of other investments are too. We'd certainly count someone's IBIT holdings. Why not BTC?
November 22, 2025 at 12:52 PM
Is this bad? I'm not a big fan of crypto, mostly cause I'm not sure which problems it solves and it seems like a huge distraction (total "market cap" < MSFT). But it's pretty liquid, and while volatile, plenty of other investments are too. We'd certainly count someone's IBIT holdings. Why not BTC?
The lift for Tradfi to build out or bolt on crypto businesses is enormously expensive relative to the size of the market (market cap of all of crypto is less than MSFT) and only makes sense if commissions never compress or more "innovative" derivatives are created to continue fleecing retail.
November 21, 2025 at 10:43 AM
The lift for Tradfi to build out or bolt on crypto businesses is enormously expensive relative to the size of the market (market cap of all of crypto is less than MSFT) and only makes sense if commissions never compress or more "innovative" derivatives are created to continue fleecing retail.
Why would any of this be classified?
November 20, 2025 at 12:33 PM
Why would any of this be classified?
This may be shaping up to be the best punting performance ever.
November 7, 2025 at 2:17 AM
This may be shaping up to be the best punting performance ever.
Wasn't this a plotline in Silicon Valley? Except in the show, it was internet connected refrigerators?
November 7, 2025 at 2:13 AM
Wasn't this a plotline in Silicon Valley? Except in the show, it was internet connected refrigerators?
Many, many of those followers are not real. I'm one of them, but I never log in to read stuff. Many others are bots.
October 30, 2025 at 10:08 PM
Many, many of those followers are not real. I'm one of them, but I never log in to read stuff. Many others are bots.
Some people are terrible or bad candidates but would be a good president. Lots of people feel or felt that way about Hillary, even if it's unpopular to say.
October 30, 2025 at 2:25 AM
Some people are terrible or bad candidates but would be a good president. Lots of people feel or felt that way about Hillary, even if it's unpopular to say.
Yes. But my position isn't that that's ok. It's the opposite.
October 30, 2025 at 1:59 AM
Yes. But my position isn't that that's ok. It's the opposite.
The hurricanes are screwed.
October 30, 2025 at 1:24 AM
The hurricanes are screwed.
I can. Dare to dream, but right now I see it all as threatened. Restoring any piece of it is an improvement and small steps forward are better than going backwards faster.
October 30, 2025 at 1:11 AM
I can. Dare to dream, but right now I see it all as threatened. Restoring any piece of it is an improvement and small steps forward are better than going backwards faster.
Probably. But if the anti gay, anti woman, anti immigrant, anti everything that doesn't look like me candidate wins, we lose more and have to fight to restore all that as well. Universal civil rights is the goal. I try to vote for the candidate that better exemplifies that ideal.
October 30, 2025 at 1:10 AM
Probably. But if the anti gay, anti woman, anti immigrant, anti everything that doesn't look like me candidate wins, we lose more and have to fight to restore all that as well. Universal civil rights is the goal. I try to vote for the candidate that better exemplifies that ideal.
Maybe. Most of my rights are safe. I'm extremely fortunate. But I vote so others have rights, including women, minorities, immigrants, LGB, and T. If women's reproductive rights are lost, I'm not going to give up on the others. Trans rights will be easier to restore if gay rights remain.
October 30, 2025 at 12:41 AM
Maybe. Most of my rights are safe. I'm extremely fortunate. But I vote so others have rights, including women, minorities, immigrants, LGB, and T. If women's reproductive rights are lost, I'm not going to give up on the others. Trans rights will be easier to restore if gay rights remain.
I vote to raise my own taxes pretty much every election. I suppose I also vote to limit the opportunity for people who look like me to be unrestrained bigots. I'm ok with that, but clearly it's important to some people who look like me to be able to do that.
October 30, 2025 at 12:35 AM
I vote to raise my own taxes pretty much every election. I suppose I also vote to limit the opportunity for people who look like me to be unrestrained bigots. I'm ok with that, but clearly it's important to some people who look like me to be able to do that.
We may lose stuff. But it'll be easier (in my opinion) to get back trans rights if LGB, women's, racial minority, and religious rights are still in tact. One party wants people who look like me to have the right to be unrestrained bigots. I don't want to live in that world and I vote accordingly.
October 30, 2025 at 12:08 AM
We may lose stuff. But it'll be easier (in my opinion) to get back trans rights if LGB, women's, racial minority, and religious rights are still in tact. One party wants people who look like me to have the right to be unrestrained bigots. I don't want to live in that world and I vote accordingly.
I suppose my property. I routinely vote to give up more of my property rights. I'm extremely fortunate that is the extent of it. But some of my family were not born here, are not citizens, and some people would happily deport all foreign born people.
October 29, 2025 at 10:48 PM
I suppose my property. I routinely vote to give up more of my property rights. I'm extremely fortunate that is the extent of it. But some of my family were not born here, are not citizens, and some people would happily deport all foreign born people.
That's not what I'm saying.
October 29, 2025 at 10:36 PM
That's not what I'm saying.
There was a time where health care and environmental issues were the most important to me. Those seemed like the highest stakes issues. Unfortunately now all civil rights are threatened. I support holding the line to defend trans rights. But all civil rights are being targeted.
October 29, 2025 at 10:35 PM
There was a time where health care and environmental issues were the most important to me. Those seemed like the highest stakes issues. Unfortunately now all civil rights are threatened. I support holding the line to defend trans rights. But all civil rights are being targeted.
I think it's funny you think I said things would be weighted quantitatively when I said no such thing. I used numbers to say that for some people, one issue or another may be more important. That's true: You said the same thing! That people may "weigh" them in some way (a "schema"). That's the lol
October 29, 2025 at 10:26 PM
I think it's funny you think I said things would be weighted quantitatively when I said no such thing. I used numbers to say that for some people, one issue or another may be more important. That's true: You said the same thing! That people may "weigh" them in some way (a "schema"). That's the lol
Before that it was women's rights, civil rights for African Americans. All those things are still at stake.
October 29, 2025 at 10:19 PM
Before that it was women's rights, civil rights for African Americans. All those things are still at stake.
Maybe I didn't express myself in the best way. I'm sorry. If two candidates are bad on an issue, including something incredibly important to me, I will be disappointed, but not to the point that I won't try to evaluate whether one is still better for others than the other on other important issues.
October 29, 2025 at 10:17 PM
Maybe I didn't express myself in the best way. I'm sorry. If two candidates are bad on an issue, including something incredibly important to me, I will be disappointed, but not to the point that I won't try to evaluate whether one is still better for others than the other on other important issues.
If both candidates held the same position, id perhaps consider whether one or the other was going to reinstitute slavery or wanted to establish concentration camps. Id do what I could to protect my kids, including moving to another country. But if I chose to stay I'd still vote.
October 29, 2025 at 10:12 PM
If both candidates held the same position, id perhaps consider whether one or the other was going to reinstitute slavery or wanted to establish concentration camps. Id do what I could to protect my kids, including moving to another country. But if I chose to stay I'd still vote.