7 Comments
Mar 21, 2022Liked by Arbitrage Andy

This letter is too good to be free. Keep it up G

Expand full comment
Mar 1, 2022Liked by Arbitrage Andy

I have a question. Why did he choose to attack on the 24th? I understand that the tanks travel better on frozen grounds but shouldn't Putin have waited an extra week to get fuel and food supplies at the borders to go and refuel and restock soldiers?

Expand full comment

deluxe write up brother

Expand full comment

So, let’s say that bitcoin or whatever your fav crypto project becomes accepted enough that you can use it for day to day purchases, and companies can use it for paying suppliers and so forth. Why is this bad for equities? If Apple can produce an iPhone for X BTC, they will still charge you X+25% for the device. I don’t get why this would be so catastrophic for your equity portfolio? Unless you think the average WACC will increase in a crypto dominated financial system, which would be an impediment to adoption no?

Expand full comment