Posts by Preston Pysh

Preston Pysh @PrestonPysh · Mar 10, 2023

From Twitter

Outstanding thread by Alf.

Tweet Mar 9, 2023

Why this sudden meltdown in bank stocks? A couple of interesting theories and charts are doing the rounds, so let's have a look under the hood. A thread. 1/

by Alf

Recommended by 2 people

2 mentions

Preston Pysh @PrestonPysh · Dec 17, 2022

From Twitter

A thread worth reading.

Tweet Dec 16, 2022

Surely the lender knows that consumers that take out a 2nd auto loan are MUCH riskier and have a MUCH high risk of default? Right? RIGHT? Yes, but the lender does it because they know that the consumer will default on the other car !!!! Dog eat do

by CarDealershipGuy

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Nov 19, 2022

From Twitter

The best thread I’ve found on GBTC.

Tweet Nov 18, 2022

As GBTC has been dumped by institutions all year long - parent company Digital Currency Group (DCG) has chosen to pick up the bag. 3AC dumped 100% of its bags. BlockFi dumped 100% of its bags. DCG is the largest holder of its subsidiary's bitcoin t

by Joe Consorti ⚡

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Nov 18, 2022

From Twitter

Here’s a thread worth reading…

Tweet Nov 18, 2022

🧵below on why Silvergate $SI may be in a whole heap of KYC/AML trouble with the FTX collapse

by EventLongShort

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Nov 14, 2022

From Twitter

A must read.

Tweet Aug 2, 2022

Bitcoin. Not blockchain. Not crypto. Bitcoin. www.nytimes.com/2022/08/02/technology/crypto-bitcoin-maximalists.html

by Cory Klippsten

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Nov 4, 2022

From Twitter

Great thread to read this morning.

Tweet Nov 4, 2022

Chapter 2: The hidden dirty secrets of fiat-currencies: Why sound money fixes (almost) everything. Key takeaways of this Chapter, small thread 🧵 (1/14) #Bitcoin #ESG #energy endorsen.medium.com/chapter-2-the-hidden-dirty-secrets-of-fiat-currencies

by Endorsen

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Oct 31, 2022

From Twitter

A must read thread. Outstanding overview of the situation in Japan and most of it is also applicable to the US & Europe as well.

Tweet Oct 29, 2022

1/24. Is Japan in a debt trap and is that trap now snapping shut? A long thread. We start with the Ministry of Finance's "Japanese Public Finance Fact Sheet' (a must read for everyone). www.mof.go.jp/english/policy/budget/budget/fy2022/03.pdf twitt

by One Bubble to Rule Them All

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Oct 8, 2022

From Twitter

Awesome thread about LNG & arbitrage!

Tweet Oct 8, 2022

1/ A funny thing occurred in the gold market in March of 2020. If you happened to be in New York and in possession of four 100-ounce gold bars, you could have traded them for one 400-ounce gold bar plus a handsome premium – some say as much as $100 a

by Doomberg

Recommended by 1 person

1 mention

Preston Pysh @PrestonPysh · Sep 29, 2022

From Twitter

What. A. Ponzi. A must read thread by @MacroAlf on how UK pensions work and why the BOE had to step into the market and backstop the sell-off in long-duration credit due to terrible assumptions made by “experts” that interest rates just always go down. Honk Honk Zing. 🤡

Tweet Sep 29, 2022

Something very important is going on in the pension fund industry. Why was the Bank of England forced to intervene as the lender of last resort? Is something going seriously wrong? A thread. 1/

by Alf