GM. Did a bit of smash buying last night. Apologies for in the incoming supply shock.

I am a price agnostic buyer of time.

Gm

Overestimate short-term. Underestimate long-term.

Fuck the neighbours, turn the music up

#winestr

$120k is going to be an interesting psychological level for traditional capital allocators. 20% is a common target annual return for institutional commitments to private markets. Folks who noticed $100k (and still haven’t taken any action) are going look up, see a 20% move since 100k and start asking themselves what they are missing.

GM