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@macrocephalopod

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macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

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    macrocephalopod‏ @macrocephalopod Mar 5

    The most common bad finance take I see on this site is people going “lollll EfIiCiEnT mArKeTs 🤪” whenever they see the price of something move a lot.

    11:45 AM - 5 Mar 2022
    • 15 Retweets
    • 298 Likes
    • emily Jason @ Mutiny 🦑🪳🏴‍☠️ Césarin Figgis Capital ambien wife guy andy t αmir Tapologist
    19 replies 15 retweets 298 likes
      1. macrocephalopod‏ @macrocephalopod Mar 5

        Tell me you don’t understand markets without telling me etc

        3 replies 0 retweets 56 likes
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      1. New conversation
      2. dd‏ @tomyrisd Mar 5
        Replying to @macrocephalopod

        this will irritate.. a lot of people

        1 reply 0 retweets 8 likes
      3. macrocephalopod‏ @macrocephalopod Mar 5
        Replying to @tomyrisd

        I hope so 😏

        0 replies 0 retweets 6 likes
      4. End of conversation
      1. New conversation
      2. Leonardo Pozzobon‏ @pozzoron Mar 5
        Replying to @macrocephalopod @TheStalwart

        The only way I use "lol efficient markets" is when pointing out the price of scams, pyramid schemes, or fake businesses

        1 reply 0 retweets 5 likes
      3. Laurent Zeimes‏ @laurentzeimes Mar 5
        Replying to @pozzoron @macrocephalopod @TheStalwart

        Market is still being efficient though. Anticipating and pricing in stupid humans' behavior.

        1 reply 0 retweets 5 likes
      4. Show replies
      1. New conversation
      2. Robot James  🤖 🏖‏ @therobotjames Mar 5
        Replying to @macrocephalopod

        Imagine your PnL sucking as much as those guys and *still* believing markets are crazy inefficient...

        2 replies 0 retweets 31 likes
      3. JB‏ @be20684347 Mar 5
        Replying to @therobotjames @macrocephalopod

        I don't make money because I have morals dude. The Fed manipulated stocks higher for years therefore being long stocks was cheat mode. So I've been short the whole time because I have character.

        2 replies 0 retweets 35 likes
      4. Show replies
      1. Lily.wav‏ @nope_its_lily Mar 5
        Replying to @macrocephalopod

        lol efficient markets come fight me squid

        0 replies 0 retweets 12 likes
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      1. Batrick‏ @batrickp Mar 5
        Replying to @macrocephalopod

        I always thought the market IS supposed to move a lot when there's news. That prices would incorporate new info in small steps would be wrong, although seems that's what people expect

        0 replies 0 retweets 1 like
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      1. けものみち 🇺🇦 🇳🇱 🇯🇵 🇹🇼 🇨🇦 🇺🇸 🇮🇱‏ @KemonomichiNL Mar 5
        Replying to @macrocephalopod

        Survival tip for ppl who are dumb like me who can’t code/ do math Stay away from efficient markets like G10 FX. Robots will kill you Go work in weird niche credit, where everything is negotiated & nothing is automated. Can machines take my job? One day, but not in my lifetime.

        0 replies 0 retweets 9 likes
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