Fintwit is really great and I’ve learned a lot but one of the things I do not like about it is the cartel of high follower accounts with funds seeking funds complimenting each other and trading followers to raise their profiles so they can all more easily raise money.
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Replying to @Molson_Hart
I blocked them. There are a couple short selling circle jerks on here, and they're quite bad. The vast majority of people in finance are really in the marketing business.
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Replying to @orrdavid
I haven’t blocked but I’ve unfollowed the ones with bad value/marketing tweets ratios. Their good content ends up flowing through when their tweets cross the like threshold of other accounts I follow.
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Replying to @Molson_Hart
I like accounts that bring up the tickers that few other people are talking about. 70% of fintwit talks about a single short. Another 25% is a handful of tickers that never actually drop. Filtering that noise out saves so much time.
1 reply 0 retweets 0 likes
I'm going to try to read Thiel's recommended books on mimesis, to your point. I'd rather follow someone with a 70% accuracy rate who's contrarian/not a herd follower than someone with a 90% accuracy rate who is.
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