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DanielleFong's profile
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@DanielleFong

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@DanielleFong

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Empire of the Future
Joined February 2008

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     🤷🏻‍♀️‏ @DanielleFong 1 Jul 2020

    with the stock market this manipulated I hope that people realise that the efficient markets hypothesis is dead & we cannot look to the markets as a signal for wisdom. in Feb, people often said "if it's going to be a pandemic why is the market up?" now it's up in spite of it

    6:04 AM - 1 Jul 2020
    • 6 Retweets
    • 21 Likes
    • oliver bruce 🎈 ͏ ͏ 31415926535897932384626433832795028841971693993751 Valtteri Maja 🐙 peth needs your eth gregorylent Shashwat Eternal Viktor Molnár Fitz-Lloyd Smith
    5 replies 6 retweets 21 likes
      1. New conversation
      2. dat_commie_sean‏ @hang_sean 1 Jul 2020
        Replying to @DanielleFong

        Did you sell your end-of-June puts?

        1 reply 0 retweets 0 likes
      3.  🤷🏻‍♀️‏ @DanielleFong 1 Jul 2020
        Replying to @hang_sean

        I sold about 1/2 of them at 1/8th peak value. Net I made a little less than a million in profit, all of which has gone to my parents / investments against COVID, or donations against COVID.

        1 reply 0 retweets 0 likes
      4. Show replies
      1. brian s. (thisisbrians.eth)‏ @thisisbrians 1 Jul 2020
        Replying to @DanielleFong

        I’ve always been afraid of playing the stock market because I don’t believe traders are even remotely rational in their decision-making en masse. This is further confirmation...I’ll leave it to the experts to try to predict irrationality 😅

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. So you want to...‏ @attractfunding 1 Jul 2020
        Replying to @DanielleFong

        Lol Efficient Markets Hypothesis it's personal

        1 reply 1 retweet 1 like
      3.  🤷🏻‍♀️‏ @DanielleFong 1 Jul 2020
        Replying to @attractfunding

        it's global, actually. if it was personal i'd have buried the hatchet. 🪓🌎🔪

        1 reply 2 retweets 1 like
      4. Show replies
      1. New conversation
      2. kevinmcld‏ @kevinmcld 1 Jul 2020
        Replying to @DanielleFong

        Lee Smolin argues that humanity's true reflection is in the discrepancy between transparent markets (a total illusion) and arbitrage, which can only exist if the market is non-transparent. i.e.: as long as humans trade in illusions like false markets, we can never thrive.

        1 reply 1 retweet 4 likes
      3. kevinmcld‏ @kevinmcld 1 Jul 2020
        Replying to @kevinmcld @DanielleFong

        And the implication is simple: if these markets, illusions we subscribe to, are taken seriously as bases of society, how can we ever take the sciences that these support seriously. All of us are tied to the initial conditions: illusions.

        1 reply 1 retweet 3 likes
      4. Show replies
      1. Darshan Dorsey‏ @darshandorsey 1 Jul 2020
        Replying to @DanielleFong

        It's a blow-off pump. Dump to new lows next..pic.twitter.com/0TlJdRgww9

        0 replies 1 retweet 1 like
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