bankingsystem
If there is one thing everyone wants, it’s economic vision. But that’s difficult to attain. All the best economists admit that they don’t know what’s going to happen next. Even after their long, exhaustive years of academic study, they all graduated with blindfolds on. And yet, here we are asking economists to help us solve our biggest problems. Q4 2022 hedge fund letters, conferences and more So, how do you develop X-ray economic vision? The same way engineers are able to predict the future for bridges, buildings and just about anything else they build. They use science and apply it to make p...
ValueWalk
Whitney Tilson’s email to investors discussing energy consumption of bitcoin vs. the banking system; decline in oil consumption; Adam Neumann pockets another $245 million; Adam Wyden’s reckless tweets; calamity no. 1: loss of reputation and/or wealth. Q1 2021 hedge fund letters, conferences and more The Energy Consumption Of Bitcoin Vs. Banking System1) Here's Andrew Ross Sorkin of the New York Times with a spot-on tweet: Decline In Oil Consumption2) Speaking of energy consumption, here's a fascinating chart (source) showing that "the U.S. economy uses 70% less oil than 50 years ago to produce...
ValueWalk
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